All Property Week articles in 11 December 2020
View all stories from this issue.
-
Online
Money laundering report fires ‘a warning shot’ to estate agents
A new government report into money laundering has fired a “warning shot” to residential property agents, according to one of the industry’s leading trade bodies.
-
Online
Hermes Parcelnet signs 78,650 sq ft warehouse facility in Weybridge
Oxenwood Real Estate, the UK and European real estate investment management firm, has signed a lease agreement with Hermes Parcelnet for a 78,650 sq ft warehouse facility in Weybridge.
-
Online
Bids invited for 600-unit housing development scheme Norfolk
Carter Jonas, in association with Sturt Co, is selling an 87.2 -acre residential development opportunity in Norfolk, to the north east of King’s Lynn.
-
Online
Persimmon hires construction veteran to its board
Housebuilding giant Persimmon has drafted in former Costain Group boss Andrew Wyllie to the board as an independent non-executive director with effect from 4 January 2021.
-
Online
Investment volumes in UK real estate increase 70% in three months
Investment volumes increased by nearly 70% between September and November this year, according to Savills.
-
Online
Green light for Ebbsfleet Garden City resi masterplan
A residential masterplan for what will become one of the main areas of Ebbsfleet Garden City on the site of a former cement works was approved last night.
-
Online
Over 50,000 pubs, bars, restaurants and cafes closed under Tier 3 rules
More than 50,000 pubs, bars, restaurants and cafes will be forced to close or remain closed in England as a result of Tier 3 rules, according to new data from real estate adviser Altus Group.
-
News
Highest-ever industrial take-up forecast for 2020
The highest level of industrial take-up on record has been forecast for the year 2020.
-
News
C&W and Tuckermans advising on John Lewis HQ refurb
Cushman Wakefield and Tuckermans have been appointed to advise on the refurbishment of John Lewis’ Victoria HQ, Property Week understands.
-
Online
Watkin Jones submits plans for 551-home Birmingham brownfield development
Watkin Jones has submitted plans for the redevelopment of a brownfield site in Birmingham city centre.
-
Online
Dalata Hotel Group EBITDA expected to be higher than predicted
Dalata Hotel Group expects its EBITDA to be marginally ahead of market expectations on 31 December despite the challenging environment.
-
Online
Patrizia raises £198m for open-ended fund in 2020
Patrizia has raised €220m (£198m) of new equity for the firm’s open-ended balance fund, the “PanEuropean Property Limited Partnership”.
-
Online
Data finds retail investment held up well this year
Investment into retail held up well in the first three quarters of the year, with investment volumes amounting to €20.9bn (£18.82bn), compared to €20.8bn for the same period last year, according to Savills.
-
Online
Number of tenants experiencing rent increases falls for third month in a row
The number of tenants experiencing rent increases fell for the third month in a row, according to the ARLA Propertymark November Private Rented Sector (PRS) report.
-
Online
University of Cambridge makes two senior hires to property group
The University of Cambridge has made two senior appointments to its newly established property group.
-
Online
Revo to scale back operations in wake of revenue slump
Retail property trade body Revo is to scale back its remit dramatically and become an organisation run on a voluntary basis by its members.
-
Online
Schroder REIT expands industrial portfolio with £19.25m Chippenham estate
Schroder Real Estate Investment Trust has bought an industrial estate in Chippenham for £19.25m.
-
News
Prologis and Tritax Big Box share best practice for net zero carbon development
UK logistics property companies Prologis and Tritax Big Box have agreed to share best practice for net zero carbon development in the property sector.
-
News
Total returns for property down for first time since 2008
Total returns for property will fall 4.5% in 2020, the first negative return since 2008, but turn positive again in 2021 with gains of 6%, according to the latest investment brief report from Gerald Eve.
-
News
The London Fund secures £100m investment
Local Pensions Partnership Investments, London CIV and the London Pensions Fund Authority have secured £100m investment for The London Fund from the London Pensions Fund Authority.