All Property Week articles in 11 June 2021
View all stories from this issue.
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Acuitus raises £22.8m at June auction
Despite a background of projected higher UK inflation and the extension of the commercial eviction moratorium, Acuitus raised £22.8m with a success rate of 95% at its June auction.
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LPA Receivers mandates agents to sell Cheshire shopping centre for £10m
Runcorn Shopping City has been placed on the market by LPA Receivers with a price tag of £10m, Property Week can reveal.
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Sports Direct reopens revamped Oxford Street flagship
Sports Direct has reopened its Oxford Street flagship store following a £10m makeover.
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How to protect your data in a post-pandemic world
Data security is always a challenge, for the property industry as much as anyone else.
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Breezblok extends lease at St Magnus House
Flexible workspace provider Breezblock has extended its lease at St Magnus House on Lower Thames Street opposite London Bridge.
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Brookfield inks Arlington deal for £714m
One of Brookfield Asset Management’s private real estate funds has acquired the Arlington UK science, innovation, and technology real estate business from TPG Real Estate Partners (TREP) for £714m.
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May UK commercial property deals more than double year on year
Around £2.6bn of investment was pumped into the UK commercial property market in May, more than double the amount transacted in the same month last year.
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Three new board members for Pathways to Property
Pathways to Property has announced the appointment of three new board members to strengthen its diversity and inclusion initiative.
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CBRE sells Glasgow office building in off-market deal
CBRE has sold a Glasgow office building for Patrizia for more than £5.5m.
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XPO Logistics submits plans for its £40m Motherwell shed
XPO Logistics have submitted planning permission for a warehouse in Motherwell, North Lanarkshire with a gross development value of £40m.
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“80% of the buildings that will exist in 2050 already exist” – Bringing net zero to the masses
When it comes to carbon, we’re looking at the wrong numbers.
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West End trade body calls for action on ‘overlooked’ areas
A trade body representing hundreds of businesses and landlords in London’s West End has called for urgent action to revive “overlooked” areas of the district such as Charing Cross Road and St Martin’s Lane.
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Publication of RICS investigation pushed back to July
The publication of an independent review into the Royal Institution of Chartered Surveyors (RICS) has been pushed back by a month.
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New strata of “super prime” offices could arise from pandemic, says BlackRock
In our latest podcast, BlackRock’s head of real estate research Simon Durkin discusses the need to be cautious on evaluating risk in hot sectors like logistics and the opportunities for a new strata of offices to emerge as occupiers reassess their workspace demands.
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Allsop raises more than £61m at June commercial auction
Allsop raised a total of £61.4m at its commercial property auction this week, selling 86 lots – or 77% - from its 112-lot catalogue.
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Duo set up bridge-lending business GRE Finance
A new bridge-lending business, GRE Finance, has been launched with backing from specialist property funder ASK Partners.
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Barwood and Caisson form JV to buy up MLI assets
Barwood Capital and Caisson Investment Management have formed a joint venture with plans to acquire up to £40m of multi-let industrial assets in the UK’s regions following its first close, Property Week can reveal.
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Pantera appointed to sell two landmark Sheffield buildings
Receiver and insolvency practitioner Wilson Field has appointed valuation and disposal firm Pantera Property to sell two Sheffield properties in the Castlegate area of the city centre.
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McCarthy Stone to ramp up land buying programme
McCarthy Stone is to step up its land buying programme across England and Wales by acquiring 60 sites per year.
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Tritax and NPL JV gets green light for 867,000 sq ft of logistics space
Magnitude Land, a joint venture between Tritax Symmetry and NPL, has secured outline planning consent for a 867,000 sq ft warehouse and distribution scheme at MA6NITUDE in Middlewich, Cheshire.