All Property Week articles in 11 September 2020 – Page 2
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Online
West End footfall down 56% on last year
Weekly footfall in the West End is down 56% compared to last year, with activity remaining low three months after lockdown was lifted.
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News
Strettons raises £16m at September livestream sale
Strettons sold 40 out of 48 lots at its 16 September live-streamed sale, achieving an 84% success rate.
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Online
BidX1 to sell two shopping centres at September online auction
Online auction platform BidX1 has released two catalogues ahead of its next two sales, which will take place on 23 and 29 September.
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Online
Acuitus to sell portfolio of M&Co. stores
A portfolio of eight M Co. stores are being sold at the Acuitus September auction.
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Online
Sadiq Khan calls for rent control powers
Sadiq Khan has called for new powers to introduce rent controls in the capital for two years.
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Online
Regional REIT posts pre-tax loss of £27m
Regional REIT posted a pre-tax loss of £27m in the six months to 30 June, compared to a profit of £10.7m at the same point last year, after making a loss on the disposal of properties, and other assets suffering a drop in value.
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Online
Brookfield increases stake in British Land fuelling takeover rumours
Brookfield Asset Management has increased its stake in British Land, fuelling rumours of a possible takeover.
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Online
Supermarket Income REIT plans £150m share placing and 3.8% dividend increase
Supermarket Income REIT is planning to raise £150m in a share placing to fund the acquisition of a pipeline of opportunities across the market.
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Online
Bedford Row Capital issues first UK property Shari’a-compliant bond
Bedford Row Capital has issued the first Shari’a-compliant bond for the UK property market.
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News
Savile Row welcomes womenswear brand
Womenswear tailoring The Deck London has moved its workshop from Chelsea to Number 19 Savile Row.
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News
Taskforce launched to encourage zero-carbon heating
Government-backed Green Finance Institute has launched a taskforce to facilitate financing mechanisms for zero-carbon heating technologies.
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News
AXA IM - Real Assets snaps up UK’s largest private residential scheme
AXA Investment Managers (AXA IM) - Real Assets has acquired Dolphin Square in Pimlico, London from Westbrook Partners.
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News
Maurice Investments secures £90m loan from ICG
The real estate division of asset manager Intermediate Capital Group (ICG) has completed a £90m senior loan to Maurice Investments.
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News
Colliers International up for two Investors in People Awards
Colliers international has been shortlisted for two Investors In People Awards, one in the diversity category and the other in the wellbeing category.
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Online
Government extends eviction ban until the end of the year
The government will extend the moratorium on commercial evictions until the end of the year.
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News
UK care home occupancy showing resilience
The UK care home sector is recovering following the initial impact of Covid-19, according to a research report by Knight Frank.
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News
Birchgrove acquires Surrey site for 60 retirement living units
Retirement living developer Birchgrove has acquired a brownfield site in Godalming, Surrey for a 60-unit scheme.
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News
Radisson Blu Hotel Belfast and Lighthouse offices hit the market
The CBRE hotels division is looking for offers in excess of £16m for its 120-room Radisson Blu Hotel Belfast and a 60,000 sq ft Lighthouse office building adjoining the hotel.
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Online
North London retail park hits the market
KLM Retail is selling Staples Corner retail park in north London on behalf of a private investor for £22.65m.