All Property Week articles in 10 December 2021 – Page 3
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Online
Henderson Park pays £140m for Hammerson’s Glasgow mall
Henderson Park has paid Hammerson and the Canada Pension Plan Investment Board (CPPIB) £140m for the Silverburn shopping centre in Glasgow.
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Landsec completes U+I acquisition
Landsec has completed the acquisition of property regeneration company U+I Group in a £190m deal.
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Purplebricks faces up to £9m bill to cover lettings error
Struggling online estate agency Purplebricks could be forced to set aside up to £9m after its letting business failed to follow law protecting tenants’ deposits.
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Madison International Realty appoints new chief investment officer
Madison International Realty has appointed Carey Flaherty as its new chief investment officer.
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Propertymark calls for deposit reform and energy targets for PRS sector
Propertymark has urged for deposit reform, regulation of letting agents and energy efficiency targets in the private rented sector (PRS) in England following the release of the government’s plans for Renters’ Reforms White Paper.
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Derwent London selected to develop Moorfields Eye Hospital site
Derwent London has agreed to acquire the 400,000 sq ft City Road Island estate in EC1 from the Moorfields Eye Hospital NHS FT and UCL.
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St Modwen to spend £46.5m to regenerate Derby logistics site
St. Modwen Logistics is investing £46.5m to acquire a 67-acre brownfield site in Derby and speculatively build four sustainable logistic units.
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TopHat gets green light for Kent modular housing scheme
Modular housing firm TopHat has secured planning permission from Medway Council to develop 183 factory-built homes at Kitchener Barracks in Chatham, Kent.
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Shepherd makes promotions across Scotland
Shepherd Chartered Surveyors has made nine promotions across its residential and commercial operations in Scotland.
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CBRE acquires grade A office building in Edinburgh
CBRE Investment Management (CBRE IM) has acquired grade A office building Exchange Place One in Edinburgh from a fund managed by Macquarie Asset Management.
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Last chance to take the Q4 Property Week Covid-19 sentiment survey
This is the last chance to get your voice heard in Property Week’s latest quarterly survey – with the survey closing TODAY at 1pm.
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Insight
Automated data collection can help crack down on fraud
Within the UK, the London property market, which is one of the highest-valued in the world, is being used as a means to obscure wealth or launder funds.
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Insight
We need a consistent approach to heritage assets
Working with a number of national clients with extensive heritage portfolios, I regularly experience a lack of consistency when dealing with conservation issues, even within the same local authority.
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Columbia Threadneedle acquires Manchester office
Columbia Threadneedle has completed the off-market acquisition for an undisclosed price of Clarence House on Clarence Street, in Manchester, from clients of CBRE Investment Management.
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Hallmark secures £28m care home development loan
Hallmark Care Homes has secured a £28m development loan from Virgin Money to finance the development of two 80-bed care homes in Eastbourne and Bath by Savista Developments.
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Insight
We need timber to build on the momentum of COP26
Cut through the political noise and we can see that COP26 was a symbolic moment for the built environment.
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Insight
Failing to secure occupier buy-in risks net zero goal
For many years, the property industry has been concerned with sustainability and the need to translate intention into action – but as the race towards net zero gathers pace, the stimulus for change is now being driven by investors and occupiers demanding assets and workspace with strong ESG credentials.
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PHP buys medical centre in Lincolnshire
Primary Health Properties has paid £6.8m for the Parkside Medical Centre in Boston, Lincolnshire.
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AEW acquires two warehouses for £8m
AEW UK Real Return Fund (AEW) has acquired two wholesale warehouses, in Barnsley and Leicester, for £8m at a blended yield of 7%.
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Amstone submits plans for Stockport BTR scheme
Amstone Ventures has submitted a planning application for the 3.28-acre former Sainsbury’s site in Stockport town centre for a BTR-led residential development.