All Property Week articles in 11 November 2022
View all stories from this issue.
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Online
The role of landlords in the future of flexspace
Experts from Colliers discuss how hybrid working creates compelling opportunities for landlords.
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Mixed industry reaction as Hunt scraps Kwarteng’s Investment Zones
The scrapping of proposed Investment Zones in the Budget received a mixed reaction from the property industry.
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Autumn Statement: Revaluation of business properties to go ahead from April 2023
Chancellor Jeremy Hunt confirmed that the revaluation of business properties will go ahead from April 2023.
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Battersea Power Station launches 200,000 sq ft office building
Battersea Power Station has launched 50 Electric Boulevard, a 200,000 sq ft office building at the south London development, set to open next Summer.
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Oxygen extends trampoline portfolio with RedKangaroo acquisition
Indoor family activity brand, Oxygen, has acquired regional trampoline operator, RedKangaroo.
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Cost issues and missing details cast doubt on 2025 new housing decarbonisation target
Housebuilders and developers have highlighted costs issues and lack of details as barriers to achieving the government’s Future Homes and Building Standards, as the 2025 decarbonisation target draws closer.
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Kent commercial property opportunities highlighted
A property market report revealing investment opportunities in Kent has been unveiled by Locate in Kent, Kent County Council and Caxton Property Consultants.
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Autumn Statement: Chancellor unveils plans for stability, growth, and public services
Chancellor Jeremy Hunt said in his Autumn Statement today that he aimed to restore stability to the economy, protect high-quality public services and build long-term prosperity for the UK.
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Schroders fund completes 275,000 sq ft of industrial lettings in 2022
Schroders Capital UK Real Estate Fund (SCREF) has agreed 275,000 sq ft of new lettings across its industrial portfolio since the start of the year.
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AXIS-RE and Cervidae get green light for Chester hotel
Developer AXIS-RE and real estate investor Cervidae have secured planning consent from Cheshire West & Chester Council for a 162-bedroom hotel in Chester city centre.
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BWP REIT raises £35m from IPSX debut
BWP REIT has raised £35m and made its debut on the International Property Securities Exchange (IPSX), the regulated exchange for single-asset real estate companies.
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NAV at GPE falls 4.9% over six months
Great Portland Estates’ London-based portfolio has been hit by a 4.9% fall in net asset value (NAV) during the six months to the end of September.
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Kadans and Canary Wharf Group to develop London life sciences centre
Kadans Science Partner and Canary Wharf Group (CWG) are converting 38,000 sq ft of workspace at its 20 Water Street site into flexible, fully serviced wet-labs as part of a new Canary Wharf life sciences cluster.
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A rollercoaster year for the UK student housing market
At the start of 2022, the Bank of England base rate was 0.25%, inflation stood at just 5.5% and Matt Hancock was merely a former health secretary in the wilderness of the back benches.
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Time Retail Partners lands former CBRE directors
Retail property consultancy Time has appointed former CBRE directors Nick Gardner and Jon Lees to expand its lease advisory team.
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Christie & Co reports 78% leap in care completions since 2020
Completions of care homes increased by 78% from 2020 to 2022, according to a report from specialist business property adviser Christie & Co.
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British Property Federation finds BTR offers tenants best value for money
The build-to-rent (BTR) sector is the most cost-effective option for today’s renters, according to a report by the British Property Federation (BPF).
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CoStar launches LoopNet in the UK as global interest in the market rises
US real estate marketplace CoStar Group has launched LoopNet, its commercial property marketplace, in the UK market.
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Government must support later-living developers
Editor: Given the UK’s housing shortage, many will be pleased to hear Michael Gove’s recommitment to building 300,000 new homes by the mid-2020s.
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NAV dips during first half at Schroder REIT
Net asset value (NAV) at Schroder Real Estate Investment Trust dipped during the first half of its financial year to the end of September to £366m, or 74.8p per share, compared to £372.2m, or 75.8p per share, six months earlier.