All Property Week articles in 10 December 2021
View all stories from this issue.
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OnlinePaloma Capital and Graftongate secure trio of occupiers at Exeter Trade Park
Paloma Capital and its joint venture partner, Graftongate, have agreed a trio of lettings totalling more than 82,000 sq ft at Exeter Trade Park, situated on Marsh Barton Trading Estate in Devon.
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NewsProperty industry reacts to Bank of England interest rate rise
The Bank of England’s decision to increase business rates from 0.1% to 0.25% has had a mixed reaction from the property industry.
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NewsGovernment urged to support businesses in the face of Omicron
Pressure is mounting on the government to provide support – such as business rates relief – for retail and hospitality businesses as it urges people to limit socialising in the run up to Christmas to slow the spread of the Omicron variant.
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NewsSavills breaks December record with final sale of 2021
Savills sold 77% of its 113-lot catalogue at its 15 December sale, raising £38m – its highest ever December total.
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NewsBuyers at final Acuitus sale of the year undeterred by new variant
Acuitus raised £22.7m at its final sale of the year, selling 28 out of 30 properties offered.
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NewsUK warehouse take-up to reach 66m sq ft in 2021
Take-up of warehouse space in the UK is set to hit 66m sq ft in 2021 for units over 50,000 sq ft, according to preliminary data from Knight Frank.
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NewsKinetic Capital and Kayne Anderson enter JV for student debt platform
PBSA lender Kinetic Capital and Kayne Anderson Real Estate have partnered up to launch a debt funding platform for the European student housing financing market.
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NewsCBRE acquires 2 Cavendish Square
CBRE Investment Management, on behalf of CBRE UK Property PAIF, has purchased 2 Cavendish Square in London’s West End from The Howard de Walden Estate.
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NewsCake Box spreads out with Enfield letting
Bakery company Eggfree Cake Box has signed a 10-year lease to take warehouse space at Mollison Avenue in Enfield, north London.
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OnlineSale of stake in Fizzy Living was ‘always the plan’, says Metropolitan Thames Valley
In the latest episode of BossCast, Geeta Nanda OBE, chief executive of Metropolitan Thames Valley and chair of the G15 of London’s largest housing associations, and Harry Downes, managing director of Fizzy Living, sat down with Blackstock Consulting’s Andrew Teacher.
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NewsKnight Frank Scotland recruits senior valuations specialist
Knight Frank has appointed Harry Hawksby to lead its new trading business valuations service in Scotland.
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NewsPalace Capital appoints new chairman
Palace Capital has appointed Steven Owen as chairman of its board of directors, effective 1 January 2022.
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NewsSustainable Eurocentral shed sold in circa £11m deal
A warehouse unit at Eurocentral in Scotland’s central belt, which is let to Swedish commercial vehicle manufacturer Scania, has been acquired off-market by a private investor for around £11m.
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NewsGreystar forms £2.2bn BTR partnership with Abu Dhabi Investment Authority
Greystar Real Estate Partners has entered a strategic partnership with a subsidiary of the Abu Dhabi Investment Authority (ADIA) of up to £2.2bn to develop build-to-rent (BTR) housing in London and its surrounding commuter towns.
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NewsArora Group acquires Luton Hoo Hotel
The Arora Group has completed the purchase of the five-star 228-room Luton Hoo Hotel, Golf & Spa from Elite Hotels for an undisclosed price.
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NewsLXI REIT acquires supermarket in Middlesbrough
LXi REIT has acquired a 127,000 sq ft supermarket in Middlesbrough, valued by Knight Frank at £58.9m.
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NewsOne Heritage Group signs finance facility for Lincoln House
One Heritage Group, a UK-based residential developer focused on the North of England, has signed a construction finance facility with Shawbrook Bank Limited (the Facility) on its Lincoln House, Bolton development.
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NewsSchroders PLC in talks to acquire Greencoat Capital
Schroders PLC confirmed it is in advanced talks with Greencoat Capital to acquire a significant stake in the business, but warned there is no certainty these talks will “lead to any final agreement”.
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OnlineBellway and Redrow Homes partner for 750-home Chelmsford scheme
Bellway and Redrow Homes have jointly acquired a site in Great Leighs, Essex, to deliver a 750-home neighbourhood, Property Week can reveal.
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InsightWhere to find most growth in UK construction in 2022 and beyond
There’s no doubt the last two years were turbulent for the UK property market, and getting back on track won’t be easy.
