All Property Week articles in 1 December 2023 – Page 4
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News
Brightbay sells portfolio of 25 Kwik Fit properties for £21m
Brightbay Real Estate Partners is selling a 25-property portfolio used by car maintenance company Kwik Fit across the UK for £21m.
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News
Caddick greenlit for final 650-unit phase of Leeds PBSA scheme
Developer Caddick Group has secured planning permission to deliver the 651-unit final phase of its purpose-built student accommodation (PBSA) scheme in Leeds.
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News
Allied Irish Bank to move offices to St Mary Axe
Allied Irish Bank (AIB) is to move to enlarged head office premises at 70 St Mary Axe in the City of London, also known as the ‘Can of Ham’, from its current site on Undershaft, as it seeks to support sustainability aims.
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News
London Square buys £50m Kingston resi development site from NHS Property Services
Developer London Square has bought a residential development opportunity with a GDV of £50m in Kingston Upon Thames, south-west London from NHS Property Services (NHSPS).
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News
HBD and Barnfield get greenlight for 800,000 sq ft Lancashire industrial scheme
Developers HBD and Barnfield Group have secured planning permission for an 800,000 sq ft logistics scheme in Preston, Lancashire.
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News
Former Selfridges owner Signa Holdings files for insolvency
Signa Holdings, which recently sold its 50% stake in Selfridges, has filed for insolvency citing massive liquidity problems and higher interest expenses.
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News
Ravelin Housing appoints Chinneck Shaw to manage its first BTR scheme in Portsmouth
Portsmouth City Council’s development company Ravelin Housing has appointed lettings and property management agency Chinneck Shaw to manage its first build-to-rent (BTR) scheme, Brewery House in Portsmouth.
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News
Adderstone Living’s North East housing scheme first to secure nutrient neutrality credits
Developer Adderstone Living has secured planning permission for an affordable housing scheme in County Durham, in what it claimed will be the first such development using Natural England’s nutrient neutrality credit system.
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Online
Crystal Palace seeks £45m to kick off football stadium redevelopment
Premier League football club Crystal Palace is seeking to raise £45m to fund the redevelopment of its stadium in south east London, according to a report from Bloomberg.
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Online
UAE investor Aldar Properties in £230m deal to buy London Square
UAE-based real estate group Aldar Properties has completed the acquisition of UK residential developer London Square.
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News
Property Week Digital Edition – 1 December 2023
Why Barratt is betting on use of timber to accelerate its MMC housebuilding operations and net zero strategy - Tide Construction chair John Fleming on its future plans after completing Europe’s largest modular resi tower - Industry fears govt reforms intended to speed up planning will instead create two-tier system ...
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News
London pub and supermarket lead latest Acuitus auction
A supermarket in Fulham, south-west London and a well-known pub in South Woodford, in the east of the capital, both guided at £1.4m, are among the 35 lots lined up for Acuitus’s commercial property auction on 13 December.
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Online
The Deaf Architecture Front
The Deaf Architecture Front exists to build a bridge between the deaf community and the architecture industry, to encourage more deaf people into the sector, ensuring that the deaf community has a larger stake in the development of the built environment.
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News
Leaders Romans Group introduces fertility benefit
Leaders Romans Group (LRG) has developed a benefit policy to help employees undergoing fertility treatment.
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Online
St Modwen secures £525m lending deal
RBC Capital Markets has agreed a £525m five-year loan to help fund St Modwen’s development pipeline.
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News
Life and death with modern methods
The case for modern methods of construction (MMC) has long been described in the most polarised terms.
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Professional
Is solar a threat to food security?
Whatever the wording of any ‘food security’ clause in a revised National Planning Policy Framework (NPPF), it is unlikely to bring practical change and may not achieve the desired effect of slowing the pace of solar farm development or controlling where they emerge.
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Insight
WeWork woes do not reflect flex market sentiment
Editor: By the time WeWork officially filed for bankruptcy last month, it had started to feel like old news. The drip-feeding of WeWork’s woes over the past six months had already prepared the market for the inevitable.
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News
Has the promise of planning reform failed to materialise?
The UK’s planning crisis addressed in last week’s Autumn Statement has been criticised as ‘headline-grabbing’.
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Insight
Staircase law: do your due diligence
Editor: In your recent build-to-rent (BTR) report, the requirement for new-build residential buildings over 18m to have a second staircase was presented as a challenge for developers and another hurdle to overcome, but perhaps not a deal-breaker.