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Page 7 - Cromwell Property News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ARA Asset Management Boosts Stake in Japan s Kenedix

The famous St Johns Centre in Leeds is placed on market for £33m

Submitting. St Johns, which was bought by Cromwell in 2015, features 84,705 sq ft of offices on the upper floors, most of which is occupied by bookmakers William Hill. The betting giant has just signed a new 10 year lease and has around 1,000 employees in Leeds, including technology, retail support, trading, marketing and creative brand teams. Other office occupiers include the NSPCC. The site is also home to a multi-storey car park operated by QPark on a 40-year index-linked lease. Leisure tenants include McDonalds, which opened its first restaurant in Leeds in the newly opened centre in 1986. In total, there are 26 retail and leisure units in the building, including the Post Office.

BMO Real Estate Partners finds new head of research

BMO Real Estate Partners finds new head of research Ms. Tano replaced Sue Bjorkegren, who retired from the position after 22 years. Ms. Tano works with teams in the U.K., Germany and France to enhance existing strategies and develop new ones. Based in London, she reports to Angus Henderson, head of business and product development. We are delighted that Joanna is joining the team. She brings with her a deep real estate research and strategy expertise with a proven track record of successfully influencing existing client and stakeholder relationships, Mr. Henderson said Wednesday in a news release. BMO Real Estate Partners had £6.6 billion ($9 billion) in assets under management as of Dec. 31. It is part of BMO Global Asset Management.

AGL latest in curious boom in CEOs leaving after pay strikes

AGL latest in curious boom in CEOs leaving after pay strikes Brett Redman is part of a growing trend of CEOs announcing their departures in the year after their firm cops a pay ‘strike’. This year’s toll sits at eight. Updated Save Share There are lots of reasons to talk about the messy departure of AGL chief executive Brett Redman, who has left the energy company in the lurch with his decision to resign just weeks after announcing he would split its retail and generation divisions into separate companies. Does Redman really deserve his “good leaver” status and the hefty entitlements that come with it? Will his decision to depart so suddenly harm his job prospects? Can AGL really hope to pull off this split with its architect gone?

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