All Property Week articles in 1 May 2020 – Page 2
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Hill donates homes to the homeless
Housebuilder Hill will build 200 homes to donate to the homeless.
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Primark appoints Savills to solve stock glut
Primark has appointed Savills to find temporary storage space for excess stock ordered before the coronavirus lockdown.
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NHS planning application in Wirral rejected
An NHS-backed planning application for a retirement living scheme in the Wirral, Merseyside has been rejected by the local council because of the net loss of 13 trees the proposed development would cause.
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Cheltenham launches search for partner for £400m cyber park scheme
Cheltenham Borough Council is on the hunt for a development partner for its £400m Golden Valley development.
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Waverstone takes out £15m loan to buy McCarthy & Stone apartments
Waverstone, a joint entity between Waverley Investments and McCarthy Stone, has taken out a £15m loan to purchase 135 retirement living apartments.
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Quintain appoints head of retail leasing and asset management
Wembley Park developer Quintain has hired Richard Poyser as head of retail leasing and asset management.
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IHG hotels become coronavirus isolation centres
Three IHG hotels are being turned into isolation centres for people entering the UK with coronavirus symptoms.
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Strettons announces three internal promotions
Strettons has appointed two new directors and one associate director.
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room2 signs lease for Belfast aparthotel
Boutique hotel and serviced apartment company room2 has signed a 25-year lease for a new 175-unit aparthotel to be built in Belfast city centre.
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Argent plans 155-metre Birmingham skyscraper
Argent has revealed plans for a 155-metre residential tower in Birmingham.
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Regional REIT rent collection rate beats last year despite health crisis
Shares in Regional REIT leapt more than 4% in early trading this morning after the group revealed it had collected more rent at the beginning of May than it had at the same point last year, despite the impact on the property sector of the Covid-19 health crisis.
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Sutcliffe appointed chairman at PRS specialist Sigma
Former Countryside Properties boss Ian Sutcliffe has taken the helm at private rented sector specialists Sigma just four months after stepping down from the housebuilding giant.
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LondonMetric seeks £100m for acquisitions while increasing annual payout to investors
LondonMetric is seeking £100m from investors in order to buy three logistics portfolios as part of its strategy to increase the number of long income assets it holds.
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Land Registry will allow electronic deeds
The land registry has relaxed its rules to allow electronic versions of deeds, according to guidance updated today in response to the coronavirus.
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Matterport launches iPhone app
Spatial data provider Matterport has released an iPhone app which can create and edit digital twins of physical spaces.
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Navana appoints BTR director
Navana has appointed Katherine Rose as director of build to rent (BTR) and private rental sector (PRS).
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Value of retail assets plunges 15%
The value of retail property has fallen 15% because of the coronavirus lockdown, according to Green Street’s commercial property price index.
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Stock Market Summary: 4 May
Intu and NewRiver lose just under 10% of their value in today’s trading.
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Green light for first phase of Edinburgh scheme
The first phase of a residential development in Edinburgh that will eventually build more than 6,000 homes has been approved by the Scottish government.
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West Midlands £125m BTR scheme plans unveiled
Developer Court Collaboration has revealed its plans for 454 apartments in a £125m build-to-rent scheme in Digbeth, Birmingham.