All Property Week articles in 1 May 2020
View all stories from this issue.
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Online
The Power of Proptech 2020: get your views heard
As much of the property sector’s workforce sits at home trying to virtually recreate their work environment, the importance of technology and proptech has been brought into sharp focus. It is against this backdrop that we have launched the 2020 edition of our Power of Proptech industry-wide survey.
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News
Ringley Group launches automated lettings platform
Ringley Group has developed PlanetRent, an automated lettings platform which aims to drive occupancy rates and speed up the lettings process.
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Online
Balenciaga takes New Bond Street store
Luxury fashion brand Balenciaga has signed a lease for a new store in New Bond Street.
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UK property companies ask for business rates holiday extension
Stakeholders in commercial real estate have urged the chancellor to extend the 2020/21 business rates holiday “to businesses across all sectors”.
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Property Week launches coronavirus industrial impact survey
Property Week has launched a survey to gauge how the coronavirus has impacted the industrial and logistics sector.
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Climate body calls for greener real estate during coronavirus recovery
The Climate Change Committee (CCC) has urged the government to focus on retrofitting homes and investing in greener infrastructure during the UK’s recovery from coronavirus.
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Louise Wyman named as Manchester City Council strategic director
Manchester City Council has appointed former Homes England director Louise Wyman to replace outgoing strategic director Eddie Smith, who retired earlier this year after more than 20 years working for the council.
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Peel submits planning for Princes Dock tower
Peel and Your Housing Group have submitted a planning application for a 31-storey residential tower at Peel’s Liverpool Waters development.
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Make Shift hunts for 150,000 sq ft of development space
Developer Make Shift has appointed Lambert Smith Hampton (LSH) to look for up to 150,000 sq ft of land in London for development.
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Business rates revaluation postponed
The next revaluation of business rates has been postponed.
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Online
CLI Dartriver makes London debut with city office
CLI Dartriver has completed the acquisition of Eldon House in the City of London for around £40m.
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UKCM to maintain a dividend despite NAV fall and Covid-19 impact on rent collection
UK Commercial Property REIT (UKCM) suffered a fall in net asset value (NAV) of almost 4% during the first three months of the year as property values fell above the industry average.
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Hammerson confirms collapse of £400m retail park sale to Orion
Hammerson has confirmed the collapse of the £400m deal to sell its retail park portfolio to Orion European Real Estate Fund V.
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DFS lets 150,000 sq ft warehouse to stash excess stock
DFS has signed a lease for a 150,000 sq ft warehouse in Bolton on a flexible lease to store a glut of incoming stock ordered before the coronavirus lockdown.
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Homes England finds tenant for 117,000 sq ft Warrington warehouse
Homes England has let a 117,000 sq ft warehouse near Warrington to Revolution Transport Services on a 10-year lease.
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JLL reports steady Q1 revenue figures for UK and Europe
JLL increased its EMEA revenue from $723.4m in Q4 2019 to $755.9m in Q1 2020, but fee revenue fell from $316.1m to $310.5m.
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Stock market summary: 5 May
Regional REIT’s share price jumps on the news of a bumper rent collection.
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LondonMetric £120m request approved
LondonMetric’s request for £120m from investors to buy three logistics assets has been approved.
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YouTube “violation” cuts planning meeting short
A Horsham Council virtual planning committee meeting was cut short last week because the video being streamed via YouTube “violated terms of service” for the website.
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Acuitus unveils catalogue for May remote-only auction
Acuitus has released a 36-lot catalogue ahead of its remote auction this month featuring a mix of commercial lots including office, industrial, supermarket and convenience store assets.