All Property Week articles in 12 May 2023 – Page 2
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News
Self-storage market turnover set to exceed £1bn in 2023
Revenue in the self-storage industry is set to exceed £1bn for the first time in 2023 despite the cost-of-living crisis, according to Cushman & Wakefield and Self Storage Association UK.
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News
Tracey appointed MCR Property Group COO
MCR Property Group has promoted David Tracey to chief operating officer, after 16 years with the company.
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News
Citu and Sheffield council exchange contracts on £300m green scheme
Developer Citu and Sheffield City Council have exchanged contracts on a long-awaited urban regeneration scheme with a GDV of £300m.
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News
Bashford appointed as L&G Capital COO
Karen Bashford has been appointed chief operating officer at Legal & General Capital (LGC), moving from Schroders, where she was head of enterprise change.
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News
Older People’s Housing Taskforce gets to work
The full line-up of the long-awaited Older People’s Housing Taskforce (OPHT) was unveiled today as the group held its inaugural meeting.
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News
Homes England and West Yorkshire sign housing partnership
Homes England and the West Yorkshire Combined Authority (WYCA) have agreed a partnership to boost development of affordable and sustainable homes in the region.
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News
Moorfield and Peloton JV acquires £26m-worth of sites
A joint venture between Peloton Real Estate and Moorfield Group has acquired a four-asset open storage portfolio, as it eyes further growth.
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News
Average rent outside London surpasses £1,000 for first time
The average monthly cost of rent for residential properties outside London has passed £1,000 for the first time, according to Hamptons’ monthly lettings index.
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Online
Unite appoints Love Island TV executive to board
Student accommodation giant Unite has appointed ITV executive Angela Jain as a non-executive director.
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Online
Workspace sells £82m of non-core assets
Workspace Group has sold five non-core properties in the South East to Tudor Investment Holdings at a sharp discount to their book value.
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Online
Landsec swings to loss as portfolio value is cut by 7.7%
Landsec has posted a £1.5bn swing to an annual loss of more than £600m as property values dropped 7.7% during the year to the end of March.
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Insight
Watts’ Hayley Coles on RAAC and the property manager’s nightmare
Reinforced aerated autoclaved concrete (RAAC) planks are now considered to be short-life materials where failure, while rare, could have disastrous consequences.
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News
Guy Hands loses judicial review to MoD
The High Court has ruled in favour of the Ministry of Defence (MoD) following a legal battle with Annington Homes over its bid to reclaim an £8bn residential portfolio.
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Online
Power of Proptech survey 2023: Have your say
As the BPF announces their merger with the UK Proptech Association the importance of technology and proptech is ever increasing in the property world. Businesses are still so reliant on their digital infrastructure.
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Online
Swiss Life ditches Mayfair Capital brand in growth effort
Mayfair Capital Investment Management, the specialist UK real estate investment arm of Swiss Life Asset Managers, has rebranded as Swiss Life Asset Managers UK, as it launches a drive to attract further investment and accelerate its growth.
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News
Construction paused for Romford resi development
The joint venture between Havering Council and Wates Residential has confirmed construction of a residential scheme in Romford has been “paused”, due to new fire safety regulations.
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Online
Allsop launches residential research department with senior hire
Allsop has launched a residential research division following the appointment of Seb Verity to lead the new arm of the business.
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News
Labour planning major property-related reforms as election blueprint leaked
A leaked draft list of Labour’s key polices puts housing, private sector investment and planning high on the agenda as the party prepares to fight the Conservatives in the next general election.
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News
Brookfield puts Center Parcs up for sale for between £4bn and £5bn
Brookfield has placed holiday resort group Center Parcs up for sale and is understood to be seeking between £4bn and £5bn.
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