South East
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Appeal court ruling in landmark commission case
London estate agent Egan Lawson Ltd will have to pay back £147,445 to a client following a landmark Court of Appeal ruling this morning that it was not entitled to…
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Property management company sued for trespass
A property management company has failed to overturn a county court finding that it was guilty of trespass in carrying out improvement work on the garden of premises neighbouring one…
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Great Portland threatens to pull out of £90m High Wycombe scheme
Great Portland Estates (GPE) may pull out of its agreement to fund a £90m shopping development in High Wycombe and sell some of its shopping centres.
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£13m seed house opens at Kew extension
A £13m building has opened in the Royal Botanic Gardens at Kew’s extension in Wakehurst Place, in Ardingly, Sussex, to preserve threatened plants.
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Royal & Sun buys Windsor offices at 5.94% yield
A pension fund client of RREEF has sold an office scheme in Windsor to Royal & Sun Alliance for £31.8m. The sale reflects a net initial yield of 5.94%.
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Gazeley sells warehouse for £14m
Gazeley Properties has sold a warehouse at Punchbowl Park in Hemel Hempstead, Hertfordshire, to Royal & SunAlliance (RSA) for £14m at a 6.5% yield.
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Thames Water appeals against free water award
Thames Water Utilities Ltd (TWU) must wait for a Court of Appeal ruling on whether it is entitled to charge for water supplies to houses built in 1971 on land…
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High Court ruling on inheritance tax relief
A High Court judge has thrown new light upon the approach towards inheritance tax relief for “business property” in a ruling upholding the Inland Revenues decision that shares in a…
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On:line Finance moves HQ to Treforest
On:line Finance is moving its headquarters from Walton-on-Thames, Surrey to Treforest, near Cardiff, in Wales, in the first quarter of next year.
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Stockley Park to build final stage
The Stockley Park consortium of Chelsfield, Kajima and the Prudential is to speculatively develop the final 46,000 sq m (500,000 sq ft) final phase.
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DevSec/Equitable Life £25m scheme gets all clear
Development Securities (DevSec) and Equitable Lifes £25m Frimley Square joint venture has been given the go-ahead by the council. The speculative scheme comprises four offices totalling 18,580 sq m (200,000…
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Judgment reserved in lease dispute
The Court of Appeal has reserved judgment in a dispute relating to the validity of a lease covenant providing for the construction of permanent office buildings.