All Property Week articles in 1 July 2022
View all stories from this issue.
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News
Regional REIT buys Yorkshire assets for £26.5m
Regional office specialist Regional REIT has acquired three offices in Yorkshire from clients of Commercial Estates Group (CEG), for a combined price of £26.5m.
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News
Blend Network to expand into Northern Ireland
Development finance lender Blend Network is expanding into Northern Ireland, having opened an office in Belfast and appointed Philip Anderson as its new Belfast-based lending manager, as it steps up development finance and bridge lending operations in the region.
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News
Office Space in Town reshuffles leadership
Co-founders and siblings Giles and Niki Fuchs have become chair and chief executive respectively of London serviced office provider Office Space in Town (OSiT) in a leadership reshuffle.
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News
SEGRO agrees pre-let with DHL at Coventry industrial park
DHL Parcel UK has become the first customer at SEGRO’s industrial and logistics park in Coventry, taking a 300,000 sq ft unit for a UK logistics hub.
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News
Casa by Moda makes three senior appointments
Single-family rental home specialist Casa by Moda, an arm of rental living developer and operator Moda Living, has hired Matthew Townson as director of development and projects, Peter Crabbe as a technical manager, and Tim Mather as a senior land manager.
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News
Singapore’s Elite Partners Capital buys Wrexham logistics asset
Singaporean fund manager Elite Partners Capital has acquired a distribution centre on Wrexham Industrial Estate for £30m.
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Online
Avison Young hires Hanna for senior strategy role
Canadian real estate adviser Avison Young has recruited Kat Hanna as director of strategic advisory and place strategy.
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News
Greg Clark becomes new housing secretary as Johnson resigns
Boris Johnson has named Greg Clark as his new levelling up secretary as the prime minister bids to fill a number of vacant cabinet posts following a mass exodus.
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News
London Square establishes two new operating regions
Developer London Square, which focuses on residential sites in the capital, has established London Square North and London Square South.
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Professional
Why existing use is unfit for calculating mast site rents
The Product Security and Telecommunications Infrastructure Bill may sound like an obscure piece of legislation, but it has the potential to erode property rights, disrupt a previously functional market and slow down the rollout of 5G.
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News
Majestic gets green light for Bournemouth resi development
Bournemouth, Christchurch and Poole (BCP) Council has approved Majestic Property & Estates’ plans to develop a six-storey block with 33 apartments in central Bournemouth.
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News
Boris Johnson resigns as prime minister
Boris Johnson has agreed to resign as prime minister following calls to step down from cabinet ministers late on Wednesday night, but will stay in the post while a leadership contest takes place.
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Online
GPE reports ‘positive’ quarter ahead of AGM
Great Portland Estates (GPE) has reported “continued positive activity” ahead of the property group’s AGM on Thursday.
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Online
Persimmon predicts half-year profit to be ahead of forecasts
Housebuilder Persimmon has said it expects half-year profits to be “modestly” higher than expectations, despite rising costs and wage increases.
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Online
PHP sells medical centre portfolio
Primary Health Properties (PHP) has exchanged contracts to sell a portfolio of 13 medical centres across England and Wales for £27.7m.
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News
Stuart Andrew resigns as housing minister amid Tory exodus
Stuart Andrew has quit as housing minister amid a flood of ministerial resignations from Boris Johnson’s government.
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News
Sainsbury’s takes 68,374 sq ft at Guinness Point in Trafford Park
Supermarket retailer Sainsbury’s has signed a 15-year lease on a new 68,374 sq ft industrial unit at Guinness Point in Trafford Park, Greater Manchester.
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News
GCM Grosvenor invests in single-family rental firm Placefirst
Asset manager GCM Grosvenor has become a strategic investor in Placefirst, the single-family rental (SFR) housing company owned by Matter Real Estate.
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News
Plans for UK’s first ‘plastic park’ get go-ahead
Plans to create the UK’s first ‘plastic park’ for processing waste materials have received planning consent.
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News
Chinese and Hong Kong investors purchase £8.75bn of homes in Liverpool over five years
Chinese and Hong Kong buyers purchased around 35,000 homes in Liverpool, worth an estimated £8.75bn, between 2017 and 2021, a survey has found.