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Property News

Boris Johnson launches £1.3trn plan for London
London mayor Boris Johnson has launched the capital’s first long-term infrastructure plan to 2050, saying the capital needs £1.3trn to meet the needs of a booming population.
Schroder sells 122 home site
Schroder Real Estate Investment Trust has exchanged contracts to sell a former industrial site in Hinckley, Leicestershire, to Redrow for £4.53m.
Moorfield sells stake in logistics fund for £95.6m
Segro has bought Moorfield’s 50% interest in the Logistics Property Partnership (LPP) joint venture for £95.6m in an off-market deal.
Green light for £300m Paddington scheme
Westminster city council has given Amwaj Property the green light for the second phase of its £300m North Wharf Gardens, Paddington masterplan.
CBRE doubles pre-tax earnings
CBRE has doubled its earnings for its EMEA business, according to its latest results.
Avison Young hires Strutts duo
Alasdair Gurry and Ben Hutchen have joined Avison Young as principals.
Segro NAV up 6.7%
Segro has reported a strong uplift in net asset value, rising by 6.7% in the six months to June, due to improved occupancy and an accelerated development programme.
Anthology appoints chief financial officer
Anthology, the Oaktree Capital Management-backed property development company, has appointed David Clark as chief financial officer.

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