All Property Week articles in 12 May 2023 – Page 3
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OnlineJaguar Land Rover agrees five-year lease renewal in Ellesmere Port
Car manufacturer Jaguar Land Rover has agreed a five-year lease renewal on its logistics warehouse in Ellesmere Port with Clearbell and Barwood.
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OnlineHUB and Bridges buy £30m Barbican scheme
Developers HUB and Bridges Fund Management have paid BE Offices £30m for 45 Beech Street on the edge of the Barbican Estate in the City of London.
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OnlineStifel analyst claims ‘only a matter of time’ before Hammerson sells Value Retail stake
Sam King, a leading propety analyst at investment bank Stifel, believes ”it is only a matter of time” before retail giant Hammerson sells its stake in the Value Retail portfolio.
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OnlineGPE launches new sustainability brief
Great Portland Estates has launched a new sustainability programme to cover its entire portfolio.
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OnlineEconomic conditions stalls investment activity at Tritax Big Box REIT
Tritax Big Box REIT has told investors that economic and capital market uncertainty contributed to investment transactional activity remaining low during the first three months of the year.
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OnlinePfP Capital appoints fund manager
PfP Capital, the social value estate fund manager, has appointed Jamie Younger as fund manager.
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InsightAviva Investors’ Ben Sanderson on why polarisation in real estate is only going to increase
‘A rising tide lifts all boats’ commonly described recoveries in real estate in the 1990s and 2010s, when most sectors experienced sharply rising capital values.
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NewsMelburg delivers multiple leasings at Wakefield business park
Investor and developer Melburg Capital has completed a series of leasing deals at its 350,000 sq ft Sirdar Business Park, Wakefield, which was acquired off-market in the fourth quarter of 2021.
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NewsRaft of planning authorities at risk of going into special measures
Housing secretary Michael Gove has written open letters to 10 local planning authorities warning them that their underperformance puts them at risk of having to refer major applications for planning permission and reserved matters consent directly to him.
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NewsDisadvantaged students offered bursary to pursue planning careers
Students from disadvantaged backgrounds will benefit from a £5,000 bursary to pursue careers as planners, designing greener neighbourhoods and thriving towns.
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NewsEuston One puts £100m GDV central London PBSA site on the block
Euston One, a subsidiary of MBU Capital Group funded by Chenavari Investment Managers, has hoisted the for-sale sign over a site in Euston, central London, with permission for redevelopment as a 14-storey purpose-built student accommodation (PBSA) building.
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NewsMacGregor to retire from BCLP
Bryan Cave Leighton Paisner (BCLP) has confirmed that Robert MacGregor, senior partner of EMEA, is retiring in September.
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NewsPeel submits plans for 750 homes in Salford
Peel L&P, the regeneration arm of Peel Group, has submitted plans to create new neighbourhoods in Worsley and Boothstown, Salford, with a total of 750 homes.
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NewsGovernment U-turns on plans to abolish “feudal” leasehold system
Rishi Sunak is reportedly set to abandon plans to abolish what housing secretary Michael Gove called the “feudal” leasehold system in England and Wales, just four months after the proposal was announced.
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NewsLincoln and MGT reveal Native as BTR partner in Reading
Developers Lincoln Property Company (LPC) and MGT Investment Management have confirmed operations manager Native Residential as build-to-rent (BtR) partner at their mixed-use development with 1,300 homes at Station Hill near Reading’s rail station.
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NewsLSH hires Monhonval as regen associate director
Property consultancy Lambert Smith Hampton (LSH) has recruited Bart Monhonval as an associate director in its town centre and economic regeneration team.
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NewsProperty Week Digital Edition - 12 May 2023
Purplebricks predicts continued loss in next financial year; Trevor Morriss of architect SPPARC on the challenges faced by resi designers; Could UK cities could play a bigger role in solving the shortage of housing by pursuing higher-density development?
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InsightLet’s not be lizards
The incomparable Douglas Adams, much-missed author and satirist, died 22 years ago this week. The passing years have not blunted his many sharp insights. Take, for example, his view of the political animal, outlined in the fourth Hitchhikers book, when the dialogue turns to an unhappy democracy of humans ruled ...
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NewsMartin’s Properties reveals line-up of retail and restaurants for flagship King’s Road scheme
Martin’s Properties has pre-let its entire flagship 33 King’s Road scheme in Chelsea after agreeing deals with five retail and restaurant occupiers, Property Week can reveal.
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InsightPrime office values are still resilient
Your recent article ‘Cautious optimism as outlook brightens’ noted that the latest MSCI data shows recovery in UK commercial real estate overall. However, it records falling office values, which we believe are mainly due to the rise in interest rates.
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