All Property Week articles in 12 March 2021
View all stories from this issue.
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Wakefield Hub plans unit for pharmaceutical firm
Newmarket Lane is to build a 260,000 sq ft industrial unit at Wakefield Hub for a German pharmaceutical company, in the latest deal announced at the 200-acre West Yorkshire development.
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PCL plans £100m equity raising
PCL Property Group is looking to raise £100m of equity to acquire “rare and unique prime central London assets”.
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Poundland’s renegotiation of 180 leases saves it 36% in costs
Poundland has renegotiated 180 leases in the two years to the end of September 2020, saving the company 36% in costs on average.
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Icon Industrial lets second unit in £100m Essex development
Icon Industrial has let a second unit in its £100m logistics development in Harlow, Essex.
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Aviva Investors provides £26.7m to Pictet JV
Aviva Investors has provided two senior debt facilities to a joint venture between Pictet Group, Marchmont Investment Management and Pinnacle Investments.
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FEC releases new images of Victoria Riverside
Developer Far East Consortium (FEC) has released images of its Victoria Riverside waterfront development in Manchester.
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Kellen Homes buys Oldham mill for resi scheme
A 340,493 sq ft multi-storey mill in Oldham has been sold to North West property developer Kellen Homes with plans to redevelop it into a residential scheme.
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First homes delivered by Homes England MMC study
A joint venture between the government’s housing agency Homes England, housebuilder Sekisui House and developer Urban Splash has delivered the first modular homes in the new town of Northstowe in Cambridgeshire.
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SIOR postpones flagship European conference
The Society of Industrial and Office Realtors (SIOR) has pushed back its flagship International European Conference in Dublin to July 2022, citing the impact of the ongoing Covid-19 pandemic.
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University snaps up former Debenhams building in Gloucester
The University of Gloucestershire has bought the former Debenhams building in the heart of the city from Aviva Investors.
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Alterity Investments snaps up former BHS store in Belfast
Alterity Investments has acquired the former 70,000 sq ft BHS store on Castle Lane in Belfast from M G Real Estate with a view to refurbishing it as a mixed-use development.
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Caddick receives forward funding for 180,000 sq ft of Yorkshire shed space
Caddick Group has completed a deal with AAA Property Group to forward fund the speculative development of 180,000 sq ft of warehouse space in Yorkshire.
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OakNorth provides £25.4m loan for Leeds office building
OakNorth Bank has provided a £25.4m loan to a subsidiary of Scarborough Group International for the development of a Leeds office building.
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Torsion Care launches new retirement brand
Torsion Care has revealed plans to develop 48 luxury retirement living apartments in Lancashire under its new Burghley Retirement Living brand, Property Week can reveal.
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Martin’s Properties completes £22m sale of six properties
Martin’s Properties has completed £22m of disposals, with the new cash to go towards funding further investments.
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Nikal co-founder resigns
The co-founder of Nikal Group, Nick Payne, has resigned from the company after 18 years.
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Network Rail inks 10-year lease for Birmingham shed space
Network Rail has signed a 10-year lease for 30,000 sq ft at IM Properties’ The Hub industrial and distribution scheme in Birmingham.
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TopHat submits application for 183 more modular homes in Kent
TopHat has submitted a planning application to Medway Council to develop 183 factory-built homes at its flagship Kitchener Barracks site in Chatham, Kent.
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PVH Corp inks pre-let for new UK headquarters in White City
PVH Corp has signed a pre-let agreement to take space at a building in White City, London, according to the Evening Standard .
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Central London investment jumps in February
Both West End and City investment markets saw an increase in activity last month, as buyer confidence was bolstered by the vaccination progress in the UK, according to new data from Savills.