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Property News

Student housing company Nido explores IPO
High-end student accommodation provider Nido is exploring options for the future of the company which could include floating on the London Stock Exchange.
City Corporation plans CPO of 120 Fenchurch Street site
The City Corporation is poised to use compulsory purchase powers to kickstart Generali’s 400,000 sq ft office development at 120 Fenchurch Street.
Card Factory to float
Retailer Card Factory has announced its intention to float on the London Stock Exchange, with shares being offered to institutional investors.
Breakspear Park sells for £60.6m
Threadneedle Investments has bought Breakspear Park in Hemel Hempstead for £60.6m from Catalyst Capital.
Rockspring makes flurry of appointments
Rockspring has made two hires and promoted existing employees Richard Bains and Tom Walsh to partner.
Google-backed US company signs for new headquarters
Google-backed US startup company Homejoy has signed a lease to open its European headquarters in London at 33-34 Alfred Place.
Shaftesbury agrees new 15-year loan
Property investment company Shaftesbury has agreed a new £134.75m 15-year loan with Canada Life Investments and has completed its refinancing with Lloyds Banking Group.
Newbury homes receive planning permission
A new housing development that will deliver 78 new homes in Newbury has received planning permission.

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