All Property Week articles in 10 February 2023
View all stories from this issue.
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InsightKing’s Cross’s Anthea Harries on why the public realm is not just for Christmas
At last, we’ve made it through some of the darkest winter months, with Christmas trees and sparkly lights a distant memory, gym classes already quieter and just a handful of new year’s resolutions intact. At King’s Cross, we’ve been reflecting on the lessons learned from another busy festive period and ...
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InsightPackaged Living’s Jonathon Ivory asks if single-family rental is about to have its day in the sun
Is it safe to come out yet? Since last autumn the real estate sector has been collectively hiding under the duvet covers waiting for the all-clear. Now that the industry is re-emerging, blinking into the light, it is worth taking a moment to reflect on the turbulence of the last ...
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InsightLeaders’ Emma Wells on why 2023 might be the right time to invest in BTL
Every year, those thinking about investing in property for the first time, and even current landlords, ask themselves whether it’s the right time to expand their portfolio if they can. So, given that annual price growth has been slowing since summer 2022, will 2023 be a good year to invest?
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NewsADC Therapeutics doubles space at Imperial College’s I-HUB
Oncology-focused biotech firm ADC Therapeutics has doubled its footprint at Imperial College London’s I-HUB campus in White City to 24,000 sq ft.
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NewsOffice leasing up 4% in ‘big six’ regions, says Cushman & Wakefield
Office lettings rose 4% year on year across the ’big six’ regional markets in 2022, according to Cushman & Wakefield, with 1.29m sq ft let across Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester in Q4 - 17% above the 10-year average.
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NewsTfL partners with Helical to deliver new office spaces
Transport for London’s (TfL’s) property company, TTL Properties, has selected Helical as its investment partner for commercial office developments across central London.
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InsightCapricorn’s Jeremy Law on overseas investment in the UK property market
Following a turbulent 2022, it is reassuring that an upward turn is already being evidenced this year, with many indications that we are getting back on track. But what of international interest in UK property?
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NewsMountpark submits planning application for Ferrybridge site
Mountpark Logistics has submitted a detailed planning application to Wakefield Council to regenerate the former coal yard site at Ferrybridge Power Station into an industrial and logistics scheme.
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NewsTrilogy and Peterson gain approval to redevelop Great Northern site in Manchester
Trilogy Real Estate (Trilogy) and Peterson Group have received approval for the redevelopment of the Great Northern site in Manchester.
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NewsDemand in London letting market remains at record high despite January dip
Letting demand in London dipped by 4% last month in comparison to the same period last year, according to Foxtons Lettings Market Index for January 2023.
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NewsLondon retailers could be set for £96m business rate boost
Retailers on London’s busiest shopping streets could see a £96m boost due to a significant decrease in their business rates liability, according to new analysis from Knight Frank.
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NewsDalata Hotel Group purchases Maldron Hotel for £44.3m
Dalata Hotel Group, a hotel operator in Ireland with a growing presence in the UK and continental Europe, has announced the acquisition of its first Maldron hotel in London for £44.3m.
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NewsMJ Gleeson’s profits slump amid market slowdown
Housebuilder MJ Gleeson has reported a 1.4% fall in revenue to £171m for the half-year to 31 December 2022, after the economic slowdown hit housing sales.
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OnlineRedevco and SFP enter UK BTR sector
Redevco and SFP Group have formed a joint venture agreement to invest in the UK Build to Rent (BTR) real estate market over the next two years.
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OnlineCivitas agrees £71m lending deal
Civitas Social Housing has secured a new five-year term debt facility of £70.875m with a European bank.
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OnlineHome REIT receives offer to buy group as it reveals ‘serious deterioration’ in rent collections
Troubled social housing group Home REIT has told investors that it may put the company up for sale following a report into its portfolio showed a “serious deterioration in rent collections”.
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NewsUK construction output value reaches record £204bn in 2022
Total UK construction output value reached £204bn in 2022, marking the first-time annual construction value has surpassed £200bn, according to the latest data from the Office for National Statistics (ONS), although separate research has shown these figures have been inflated by cost increases.
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NewsRegal London pushes ahead with Watford sustainable office development
Regal London has decided to move ahead with its first standalone office development, Clarendon Works, a speculative 173,000 sq ft office scheme in Watford.
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News‘Awaab’s Law’ welcomed by housing associations
The social housing sector has welcomed proposed amendments to the Social Housing Regeneration Bill giving landlords deadlines to investigate and repair serious cases of damp and mould.
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NewsLendlease puts £114m price tag on cladding repairs
Lendlease has predicted it will have to spend £114m to cover the cost of post-Grenfell UK cladding repairs, but said it would seek to claw back as much of the costs as possible from contractors
