All Property Week articles in 13 November 2020 – Page 3
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French buyers come out top in London prime residential buys
French buyers have accounted for the highest proportion of prime London residential transactions this year, according to researcher Astons.
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Kooky buys build-to-rent units in Mill Hill and Whetstone
Boutique BTR brand Kooky has purchased 69 apartment units in Mill Hill and Whetstone from Taylor Wimpey.
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JLL reveals Grainger’s successor in senior shake-up
JLL has continued its senior management shake-up, with Andy Poppink taking over as EMEA boss following Guy Grainger’s new appointment as the agency’s global head of sustainability services and ESG.
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United Trust Banks appoints new CEO
United Trust Bank has appointed Harley Kagan as its new chief executive.
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Bannon Commercial Property Consultants adopts Yardi software
Bannon Commercial Property Consultants has adopted Yardi Voyager to manage its property portfolio of more than 7m sq ft.
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L&G launches suburban single-family BTR arm
Legal General has announced the launch of a new build-to-rent (BTR) arm which will focus on the development of large scale ‘single family’ rental communities in suburbs across the UK.
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Profit and rental income increase at Assura
Primary care group Assura has reported a rise in interim profit as rent collections remained steady despite the Covid-19 pandemic.
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NAV, earnings and values fall at Palace Capital as Covid-19 continues to bite
Palace Capital has posted a 4.8% fall in net asset value (NAV) during the six months to the end of September as earnings more than halved.
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Hibernia reveals 3.8% drop in values over past six months
Hibernia Real Estate Investment Trust has posted a 3.8% fall in the value of its portfolio during the six months to the end of September.
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Schroder REIT posts fall in NAV but dividend rises
Schroder Real Estate Investment Trust has posted a 2.8% fall in net asset value (NAV) during the first six months of its financial year.
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English Rose Estates secures £18m for Worthing resi scheme
English Rose Estates has secured an £18m loan from Brydg Capital and Rubicon for a 154-unit residential scheme in Worthing.
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Just one-fifth of local authorities able to meet accessible housing need
A mere one-fifth of local authorities have said they would be able to meet accessible housing need under the current national policy.
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Westminster’s output will plunge 63%, property body warns
Westminster will suffer a 63% plunge in its economic output compared to last year, an analysis by a property body has warned.
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JLL EMEA CEO moves to new role as global sustainability head
JLL EMEA’s chief executive Guy Grainger will move into a new role as global head of sustainability services and ESG with his successor to be announced later this week.
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Shaftesbury founder dies
The founder and former chairman of Shaftesbury has died after a short illness.
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Stenprop spends £14m on multi-let industrial in Durham and West Brom
Stenprop has acquired two multi-let industrial estates in Durham and West Bromwich for £14m.
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Harrison Street joins forces with Torsion to target UK student digs
Harrison Street and Torsion Developments have formed a joint venture to develop and acquire purpose built student accommodation assets across the UK.
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European investor snaps up Farringdon office block for more than £17m
Colliers International’s City investment team has sold 14 St John’s Lane on behalf of their private client to a European investor for £17.6m.
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Valor buys East London industrial scheme for around £42m
Valor Real Estate Partners has acquired the New England Industrial Estate in Barking, East London.
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Caddick plans Leeds industrial development
Caddick Developments is set to embark on plans to development a logistics and industrial hub at Leeds Valley Park.