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Property News Headlines

  • Hermes plans move to Cheapside

    Hermes Investment Management is to move to a new headquarters in the heart of the City of London.
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  • Safestore snaps up Alligator Self Storage

    Self storage operator Safestore has secured a significant expansion of its UK portfolio, with a £56m acquisition of 12 sites operated under the Alligator brand.
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  • Gramercy closes on €650m logistics fund

    Gramercy Europe has said it is closing on equity commitments of €260m for its third fund, which will be leveraged up to 60% to target €650m of investments.
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  • Surrey industrial estate sold for housing development

    Miller Homes has bought a vacant Surrey industrial estate with planning permission for a residential redevelopment for £16.5m.
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  • Phoenix Spree sees 303% profit rise

    UK-listed Phoenix Spree Deutschland has reported a 303% annual rise in profit before tax, backed up by an EPRA NAVE per share rise of 22.3%, in interim results up to 30 June 2017.
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  • Pound’s gains weigh on FTSE 100

    The FTSE 100 came under pressure on Monday, edging down 0.13% to 7,301.29 points, following sterling’s gains against the euro.
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  • Primark takes former BHS store for record centre:mk let

    Primark has signed for a 75,000 sq ft store at centre:mk in the largest single letting at the centre in the last 25 years.
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  • Yoo reveals £1bn Olympia London plans

    Yoo Capital has revealed its vision for a £1bn-plus culture, media and technology hub at Olympia London in Kensington.
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  • Sterling volatile on Theresa May’s Brexit speech

    Theresa May’s Brexit speech was the key focus for markets on Friday.
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  • Bank of England reiterates concerns about commercial property pricing

    The Bank of England has reiterated concerns that valuations in parts of the UK commercial property are failing to factor in the negative economic outlook reflected in low interest rates. 
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