All Property Week articles in 11 November 2022 – Page 2
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OnlineBritish Land secures debut letting at City scheme
British Land has secured its first letting at City of London scheme Norton Folgate to international law firm Reed Smith.
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OnlineAsset values at British Land fall as group swings to half-year loss
British Land has been hit by a 4.4% fall in the value of its net tangible assets (NTA) during the first six months of its financial year as property values fell.
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NewsGrosvenor appoints Chris Jukes as new Liverpool ONE lead
Property giant Grosvenor has appointed Chris Jukes as director of Liverpool ONE, the city’s 1.65m sq ft retail and entertainment destination.
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NewsCoroner calls boy’s death from mould a ‘defining moment’ for housing
A coroner has said the death of a two-year-old boy due to mould exposure will be “a defining moment for the housing sector”.
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NewsGlobal Mutual to buy 28 acres of Herts science campus from GSK
US and Europe real estate investor Global Mutual has secured the right to acquire 28 acres of a life science campus from pharma giant GSK at Ware, Hertfordshire, for an undisclosed amount.
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NewsWetherspoons spends £3m on new pub at The O2
Pub group JD Wetherspoon has started work on a new £3m pub at The O2 music and leisure venue in Greenwich, south-east London.
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NewsLRG and GetGround roll out buy-to-let partnership
Property services and lettings firm Leaders Romans Group (LRG) and buy-to-let company creation and management platform GetGround have launched a partnership targeting landlords.
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NewsSEO London kicks off second diversity recruitment programme
Sponsors for Educational Opportunity (SEO London) has launched its second real estate programme targeting 200 undergraduate students from under-represented socio-economic backgrounds.
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NewsSadiq Khan steps up calls for London rent freeze
Mayor of London Sadiq Khan called an emergency summit urging the government to freeze rent rates, as it was revealed four out of ten Londoners fear they will struggle to pay rent.
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OnlineNAV dips at Landsec as yield shift forces swing to loss
Net asset value at Landsec dipped during the first half of the group’s financial year, despite a rise in earnings.
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OnlineProfit leaps at Workspace
Workspace Group has posted a 33.5% leap in profit for the first half of its financial year as pricing improved across its flexible office locations.
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NewsLandsec pre-lets top floor of West End office scheme
Landsec has pre-let 19,500 sq ft of workspace at its office-led West End scheme Lucent to investment banking and advisory firm Centerview Partners.
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NewsLandsec to fund first phase of Manchester’s £400m Mayfield development
A funding deal to unlock around 800,000 sq ft of commercial space at Manchester’s £400m gross development value (GDV) Mayfield scheme has been struck between Landsec and the Mayfield Partnership.
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NewsKadans buys Oxford Biomedica’s Windrush Court facility for £60m
Kadans Science Partner has acquired Oxford Biomedica’s Windrush Court in Oxford for £60m in a sale-and-leaseback transaction.
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NewsWeston Homes announces £500m fund for land acquisition drive
Volume housebuilder Weston Homes has announced it will invest up to £500m in strategic land acquisitions over the next five years.
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OnlineAccelerating digital transformation in commercial real estate
At many points in history, extraordinary events shaped and reset the way we interact with physical space and the outside world. Recent events not only forced businesses to rapidly adapt in real-time, but it also reset how consumers expected the physical places they visit to operate.
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OnlineUBS and Reef complete Stevenage land deal for 2.5m sq ft lab scheme
UBS Asset Management and Reef Group have completed the purchase of development land that sits alongside GSK’s 1m sq ft research and development scheme in Stevenage.
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OnlineVistry and Countryside complete merger
Vistry Group and Countryside Properties have completed their £1.25bn merger following approval from shareholders on Friday.
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OnlineMillington joins Wykeland as non-exec chairman
Paul Millington has become the new non-executive chairman of Yorkshire commercial developer Wykeland Group.
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OnlineMontagu Evans expands rating advisory team with senior Scottish appointment
Planning and development consultancy Montagu Evans has appointed Tom Fothergill as a partner in its Glasgow office’s rating advisory team.
