All Property Week articles in 10 December 2021 – Page 4
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NewsOctopus funds Exeter office redevelopment
Octopus Real Estate has written a £27m loan secured on a 170,000 sq ft office scheme in Exeter.
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NewsHill Group secures planning for new resi scheme
Housebuilder The Hill Group and its joint venture partner Marshall have secured full reserved matters planning for the second phase of the Marleigh development in east Cambridge, which will deliver a further 421 new mixed-tenure homes alongside a variety of new public spaces.
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NewsSavills makes changes to UK valuation team
Savills has made a number of changes to its UK valuation team.
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NewsPlanning permission submitted for new HMRC HQ
A planning application has been submitted for HMRC’s new 460,000 sq ft HQ in Newcastle.
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NewsCBRE launches renewable energy valuation and advisory service
CBRE has launched a specialist business area in its UK valuation and advisory business focused on renewable energy and infrastructure.
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NewsBrookfield to buy State Street’s HQ for £250m
Brookfield is set to snap up State Street’s headquarters in Canary Wharf for £250m – £50m less than it had reportedly agreed to buy the building for earlier in the year.
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NewsAccor opens ibis budget at London Heathrow
Accor has signed a management agreement to open new hotel ibis budget London Heathrow Central.
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NewsRedrow acquires Kent site for £120m resi scheme
Redrow has acquired a site in Faversham, Kent, for a residential scheme with a GDV of £120m.
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NewsOxenwood acquires Wolverhampton logistics facility for £12.2m
Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a logistics facility in Wolverhampton for £12.2m, reflecting a net initial yield of 6.0%.
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NewsAbrdn forward funds £54m glass research and innovation facility
A subsidiary of abrdn has forward funded the development of a global glass research and innovation facility with a GDV of £54m.
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NewsArgos sub-lets Stafford distribution centre to The Range
Argos has sub-let its 475,000 sq ft distribution centre at Acton Gate in Stafford to homeware retailer The Range.
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NewsBNP Paribas poaches Savills healthcare agents
BNP Paribas has appointed Samantha Rowland as head of healthcare and Colin Rees-Smith as senior director, both joining from Savills.
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NewsMcCarthy Stone Woking extra care scheme plans approved
Later living provider McCarthy Stone and Ashill Land have jointly received planning approval for an application to develop an extra care retirement scheme in Woking.
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NewsEutopia Homes snaps up Gloucester Network Rail site
Brownfield developer Eutopia Homes has acquired an eight-acre brownfield site in Gloucester from Network Rail for a residential-led regeneration scheme with a GDV of £70m.
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NewsLondon Square enlists Moda Living for £400m Nine Elms scheme
Residential developer London Square has purchased part of the former Royal Mail delivery office site in Nine Elms, west London to develop a £400m build-to-rent scheme to be operated by Moda Living.
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OnlineeasyHotel aims to triple in size after securing new funding
Budget hotel chain easyHotel has secured a €50m (£42.6m) commitment from current shareholders Ivanhoé Cambridge and ICAMAP to support its future growth strategy.
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NewsAxis Retail Partners snaps up Harrow shopping centre
Axis Retail Partners has exchanged contracts to buy St Georges shopping centre, in Harrow, in an off market deal at a net initial yield of 8.3% from RDI REIT on behalf of pension fund clients of LaSalle Global Partner Solutions.
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NewsBentallGreenOak loans £157m for Moda Hove scheme
BentallGreenOak has agreed a £157m debt facility to fund’s Apache Capital and KKR’s joint venture build-to-rent scheme in Brighton and Hove.
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VideosRESI Awards 2021 10th anniversary, Property Week
The RESI Awards, organised by Property Week, recognise the residential property sector and its successes. The annual awards bring together the key players in the residential market including leading developers, landlords, house builders, operators, investors, agencies and local authorities.
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InsightWhat will draft commercial rent bill mean for rent arrears?
The government has published a new Code of Practice and draft Commercial Rent (Coronavirus) Bill to tackle rent arrears for businesses forced to close or operate under restrictions during the pandemic.
