All Property Week articles in 10 June 2022 – Page 3
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OnTheMarket increases annual sales but swings to operating loss
OnTheMarket swung to an operating loss in the year to the end of January, despite a strong rise in revenue.
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Sales up at Bellway as order book hits £2.4bn
Bellway has reported a 5.9% rise in sales and a 27.5% leap in the order book to £2.4bn over the past five months.
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PlacesforPeople offloads Nottingham student digs for £24.5m
Student accommodation giant PlacesforPeople has sold its Madison Gardens Nottingham scheme in an off-market deal for £24.5m, Property Week can reveal.
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Vail Williams announces 15 promotions
Vail Williams has appointed a new LLP member, alongside 14 promotions at a senior level to help drive strategic growth.
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Talbots Law acquires space at refurbished Seven Waterfront
Law firm Talbots Law has taken the 19,435 sq ft ground floor of the recently refurbished Seven Waterfront in Brierly Hill near Dudley in the West Midlands.
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Spacemade doubles platform size with new workspace openings
Flexible workspace business Spacemade has doubled its size following the launch of five new workspaces
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Network Space secures planning permission for Greater Manchester redevelopment
Network Space has been granted planning permission to redevelop the former Cartwright headquarters in Altrincham, Greater Manchester as workspace.
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Avant Homes gets green light for 312 Edinburgh homes
Avant Homes is to develop 312 homes in the Scottish capital in a £71m project, after planning permission was granted by The City of Edinburgh Council.
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Hedge fund set to grab new Knightsbridge base
Hedge fund giant Winton Group is set to take approximately 25,000 sq ft of office space at the new Knightsbridge redevelopment, Property Week understands.
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Urban Village Group unveils £69m build-to-rent development plans
Plans to convert a Buckinghamshire office block into a build-to-rent development of 237 apartments have been revealed today by Urban Village Group.
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Christie & Co agent joins Colliers’ hotels team
Colliers has appointed former Christies & Co associate director Josh Sullivan to its hotel agency team.
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Countryside puts company up for sale after investor pressure
Countryside Partnerships has caved into pressure from investors to put the business up for sale after receiving two unsolicited bids for the business from Inclusive Capital Partners (In-Cap).
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The beginning of the end for ground rents
The government has named the date after which it will no longer be possible for landlords to reserve ground rents in long residential leases – 30 June 2022.
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Urban & Civic recruits head of sustainability from Hammerson
Urban & Civic has poached Hammerson’s Richard Quartermaine to become the group’s head of sustainability.
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Sirius figures show benefits of BizSpace acquisition
Sirius Real Estate has posted an annual increase in net asset value (NAV) of 15.5% for the year to the end of March.
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Tritax agrees 1m sq ft letting in Rugby
Tritax Big Box REIT has agreed a 1m sq ft across four buildings at its Symmetry Park Rugby development site to a global storage and information management group.
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Hines raises €75m from Danish pension fund
Hines has raised €75m (£64m) of equity from Danish pension fund Lærernes for its new value-add fund, Hines European Value Fund 3 (HEVF 3).
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Decarbonisation proptech firm Ecolibrium makes UK debut
Decarbonisation proptech firm Ecolibrium has launched its product and business in the UK, as the race to reduce carbon emissions accelerates across the built environment, Property Week can reveal.
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Real estate stakeholders need to work together to meet 2050 net zero target
With the real estate sector accounting for 40% of the UK’s energy and process-related greenhouse gas emissions, retrofitting our built environment to meet new regulatory requirements will be a crucial part of the journey towards meeting the country’s 2050 net-zero target.
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ALD makes UK debut in Soho
New York-based fashion and lifestyle brand Aimé Leon Dore (ALD) has opened its first UK store at 32 Broadwick Street in Soho.