* Hammerson Plc'stotal first-half pretax profit camein at £167.2 million for the six months ended June 30, down from £329.4 millionin the first half of 2015.
The company intends to pursue a secondary listing inSouth Africa, expected to occur in September, to access a wider pool of investorsand international capital.
Additionally, the company's directors declared aninterim dividend of 10.1 pence apiece, up 6.3% from the year-ago period, whichis payable Oct. 10 to shareholders on the register at the close of businessAug. 26.
* Property veteran Bill Nowlan is planning to build up to 1,000apartments a year in Dublin under a roughly €200 million annual budget, The (U.K.) Sunday Times reported.The €1 billion DAD property fund will focus on affordable rental housingschemes, the report said.
* Subway appointed Stiles Harold Williams to find the sandwich chain atleast 70 new stores annually in Greater London and the U.K.'s South East, Property Week reported.
* City of London Corp. Planning Officer Annie Hampson urged committeemembers to approve The Butterfly, a proposed 400,000-square-foot office andretail scheme on the site of the Lloyds Chambers office building, ahead of ameeting this week, accordingto CoStar U.K.
* LaSalle Investment Management is planning a roughly €60 millionredevelopment of a former BHS store in Edinburgh, U.K., into a mixed-useproperty with retail and hotel components, EuropeReal Estate reported.
* Santon North Street and Lewes District Council are set to start work ona £180 million development at a 15-acre brownfield site in Sussex. The projectwill yield 416 homes, a business and retail precinct and a healthcare center, Property Week reported.
* Steinhoff Europe AG is expected to complete its £597 million of the owner of thePoundland discount chain in September, PropertyWeek reported,citing Steinhoff U.K. CEO Sean Summers.
* Chineseproperty portal Juwai.com data shows that there is a growing interest inBritish residential and commercial properties among Chinese buyers, Reuters reported.Juwai President for U.K., Europe and Middle East Bernie Morris said that theU.K. is still "the same old safe haven" for investors but is nowcheaper.
* Meanwhile, ChinaLuxury Advisors director for Europe, Philip Guarino, said that Chinese touristsare on luxury-shopping sprees in London to take advantage of the fallingBritish currency, the London EveningStandard reported.
* Cushman & Wakefield data shows that 64% of commercial-propertydeals that were in still in the negotiation phase when Brexit was voted on areproceeding as normal, London's FinancialTimes reported.About a third of the total deals, however, failed to materialize.
* The (Irish) Sunday Independent reported,citing unnamed sources, that NAMA is expected to delay its planned market saleof a €1.5 billion portfolio of commercial property loans. The portfolio wasexpected to be launched by the end of August.
The report said that includes the loanson the Burlington Plaza office complex and the Clarion Hotel in Dublin.
COIMA RES SpA boughttwo commercial properties for a combined €145.5 million from MH Real EstateCrescita. The properties are in Milan and Rome, and offer net rentable areas of13,620 square meters and 13,712 square meters, respectively.
Skanska agreed to sell the 17-storyHotel Hagaplan to local insurer SPP for €102.2 million, PIEand PropertyEUreported. Skanska expects to complete the deal for the 16,200-square-meter,222-room hotel in December.
The Dutch agricultural workers' pension plan and thepension scheme of Rabobank chipped in €60 million for a 35% stake in a fundthat plans to reinvigorate Amsterdam's red-light district. FT reportedthat the fund will reduce the number of brothels and marijuana cafes in thecity.
Under the stake agreement, the two funds were giventhe right to buy land around the area for four residential projects.
JLL estimates that Warsaw willcontinue to see positive office demand, after the market saw a record 350,100square meters of new of office space coming to the market in the first half, PIE reported.The first-half number was 26% higher than the full-year 2015 figure, accordingto JLL.
Emira Property Fund Ltd. that it has invested 65 millionSouth African rand for the upgrade and renovation of five commercial buildingsin Kramerville, Sandton.
According to data from the DubaiLand Department, real estate investment from locals and foreigners amounted tomore than US$23 billion in the first half of 2016, Al Bawaba reported.
The Weekin European Real Estate: Wells Fargo responds to Brexit with £300M Londonoffice purchase; China's Dalian Wanda inks Spanish sale: The July 22edition of the weekly news roundup of the European real estate space alsofeatures the biggest Chinese investment deal to be made in a U.K. city outsideof London.
TheProperty Ledger: COIMA RES makes €145.5M splash in Italy; NSI buys Dutch officefor €57M: The July 22 edition of European property news recap alsofeatures Starwood Hotels & Resorts Worldwide's opening of the W Hotelsbrand in Scotland.
Best ofSNL: Real Estate, editors' picks: Our real estate editors' picksfor the best stories of the week ending July 22.
Best ofSNL: Real Estate, most read: The 10 most read real estate articlesfor the week ending July 22.
TheDaily Dose Europe, Real Estate edition, is updated as of 6:30 am London time.Some links require a subscription. Articles and links are correct as ofpublication time.