All Property Week articles in 10 June 2022
View all stories from this issue.
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News
Industry figures say interest rate hike is forcing mortgage market changes
The Bank of England’s move to raise the base interest rate by 0.25 percentage points to 1.25% is having an immediate impact in forcing lenders to reprice their mortgage products, according to property industry figures.
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HB Reavis secures £138m green loan for Bloom Clerkenwell
Workspace provider HB Reavis has taken a £138m green loan with HSBC to refinance its central London building Bloom Clerkenwell, the London HQ of messaging app Snap Inc.
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Elizabeth Line chief architect Robinson joins Maynard Design Group
The Maynard Design Group has hired Julian Robinson, former head of architecture at The Elizabeth line (Crossrail), as a consultant.
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News
AXO Student Living to adopt Lavanda flexible tech platform
PBSA operator AXO Student Living has appointed technology platform Lavanda to power its flexible living strategy, Property Week can reveal.
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Rental reforms unveiled to ban no-fault evictions
Residential landlords will soon no longer be able to evict tenants without a reason, a new reform unveiled by the government today.
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Lincoln Property hires Aitchison as UK MD
US real estate group Lincoln Property Company has hired Alex Aitchison as UK managing director to spearhead new investment and development opportunities across the country.
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Online
Do landlords need to invest in virtual tour functionality?
During the pandemic when much of the world was working from home, we witnessed a surge in disposing agents and their respective landlords investing in virtual tour functionality. This gave landlords a solution for active occupiers during a difficult period to physically view properties
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News
Plymouth Council approves harbourfront development
Plymouth City Council has granted approval for Sutton Harbour Group’s £60m Sugar Quay development on Plymouth’s historic harbourfront.
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Westminster approves West One Shopping Centre redevelopment
Westminster City Council has given the green light for a redevelopment of West One Shopping Centre above Bond Street underground station on London’s Oxford Street.
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Former Apple director joins Hanover Green Retail
Apple’s former senior director Chris Braithwaite has joined Hanover Green Retail as a non-executive director, Property Week can reveal.
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Online
Riverstone appoints new CEO
Senior living developer Riverstone has appointed Martin Earp as chief executive to lead the next phase of the company’s expansion.
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Online
Capco and Shaftesbury cement terms of £3.5bn merger
Capital & Counties (Capco) has agreed the deal to complete its reverse takeover of Shaftesbury, which will create a combined company worth around £3.5bn.
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News
British Property Federation rolls out net zero pledge
The British Property Federation (BPF) has officially launched its net-zero pledge.
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News
Aprirose buys up 57-flat Luton tower block
Aprirose has acquired a block of 57 flats in Luton from clients of Knight Frank Investment Management for an undisclosed price.
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McBains secures planning approval for 336 new homes
McBains has secured planning approval with Barratt & David Wilson Homes for 336 new dwellings in Cambridgeshire.
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HSPG inks £70m supported-housing investment
HSPG has completed its largest single deal to date to cover 592 units of low-level supported housing.
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Fiera Real Estate UK names new head of UK
Investment management firm Fiera Real Estate UK (FRE UK) has promoted Charles Allen to the role of head of UK.
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Legal & General Capital hires head of investment for housing
Legal & General Capital (LGC) has appointed Vanisha Thakrar as head of investment for housing.
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News
Greenstone buys Brent affordable units from Telford Homes
Greenstone has completed a deal to buy 155 new affordable homes in Brent, north-west London, from Telford Homes.
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News
Citra buys chunk of Riverside Park development in Ashford
Rental provider Citra Living, part of Lloyds Banking Group, has purchased 110 properties at the Riverside Park development in Ashford, Kent, from Oxford-based housebuilder GRE Assets.