All Property Week articles in 12 November 2021 – Page 5
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Online
JR Capital kickstarts London buying spree with SW1 acquisition
Real estate investor and developer JR Capital has purchased a retail estate in Belgravia for £11.6m, ahead of a wider programme of acquisitions planned in the London retail and leisure sector.
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Insight
Time to be bold
Fortune favours the bold, so they say. And, in this edition of Perspectives, there is a fair share of bold ideas for how businesses in the real estate industry can adapt to the post-Covid environment.
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News
Allsop raises £44m at resi sale
Allsop sold 145 properties from a 174-lot catalogue at its residential sale on 9 November, raising £47.5m and achieving an 84% success rates.
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Strong demand drives four-fold spike in Urban Logistics’ H1 profit
Strong demand for last-mile logistics assets has boosted warehouse owner Urban Logistics’ first half pre-tax profits by more than 400% compared to the first six months of 2020.
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Insight
New commercial rent debt arbitration process offers respite for some tenants
On 9 November, a revised Code of Practice was issued by the government reiterating that where commercial tenants cannot afford to pay their rents in full as a result of the pandemic the parties should try to reach a negotiated agreement to waive or postpone arrears where able to do ...
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BlackRock and Outpost launch residential focused JV and make first BTR purchase
Property fund giant BlackRock and residential-focused asset manager Outpost Management have formed a £500m joint venture to invest in rental housing and have also acquired a build-to-rent site near London’s King’s Cross.
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Miller Homes snaps up Scottish sites for housebuilding spree
Housebuilder Miller Homes has acquired parcels of land in Scotland’s east coast and central belt where it plans to build 526 houses.
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Net Zero Whole Life Carbon Roadmap for the UK Built Environment: Property Week and UKGBC’s COP Round Up: Day 12
UKGBC has launched a Net Zero Whole Life Carbon Roadmap for the UK Built Environment (the Roadmap) that provides a shared vision and set of actions for achieving a net zero UK built environment by 2050.
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USS to forward fund Paddington Premier Inn development
Fund giant Invesco Real Estate and developer YardNine have agreed contracts with Universities Superannuation Scheme (USS) to forward fund 40 Eastbourne Terrace in Paddington for £143m.
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News
Only one quarter of cladding removal fund registrations successful
Just one in four registrations from the private sector to the cladding removal fund have been successful, according to the latest government figures.
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Online
Urban industrial fund snaps up two more assets
BCCIM, a joint venture between Barwood Capital and Caisson Investment Management, has made two urban industrial acquisitions through its Industrial Income LP fund (UII).
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Online
Wellbeing resorts group unveils vertical farms partnership
Therme Group, a developer and operator of water-based wellbeing resorts, plans to roll out vertical farms at all its resorts worldwide as a result of a partnership with agritech specialist IGS (Intelligent Growth Solutions) announced at COP26,
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News
Vistry to build 439-home Northampton scheme
Vistry Group is poised to begin the first phase of its 439-home scheme near Northampton, Property Week can reveal.
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Simpson gets finance role at Palace Capital
Palace Capital has appointed Matthew Simpson as chief financial officer.
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Online
Landsec sells Docklands office for £196.5m
Landsec has sold 6-9 Harbour Exchange in London’s Docklands to Blackstone European Property Income Fund (BEPIF) for £196.5m.
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Online
Redrow provides positive update to investors
Housebuilder Redrow has told investors it expects to deliver figures close to pre-pandemic levels this year, as it benefited from pent-up demand after the Covid-19 lockdowns.
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Insight
Software is key to ensuring good visitor management
Forge’s Bluepoint tech allows office tenants to organise visits flexibly, securely and with a great user experience.
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News
LGIM rolls out digital platform to help tenants hit net zero targets
LGIM Real Assets has launched a digital tenant engagement platform across its 20m sq ft portfolio to help its occupiers realise their net zero carbon ambitions.
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News
Why didn’t more cop on to COP?
Last week, I travelled to Glasgow for COP26. As a journalist, I am hardwired to be cynical, to not believe the hype. But COP26 really did make me feel hopeful.
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News
Spin class: Only fools...
Cushty! Sophie and I are having our morning catch-up together – face to face, in an office. Our new serviced office just off the King’s Road. The funny thing is I’ve gotten so used to Zoom Soph that I keep staring at real Soph in a rather bemused way.