All Property Week articles in 14 April 2023
View all stories from this issue.
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News
‘Huge leap’ for NABERS energy ratings for office tenants and owners
The NABERS UK system has been expanded to offer both office owners and occupiers the ability to rate the energy-efficiency of their spaces in a major boost for the scheme’s “inclusivity”.
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Falmouth University agrees terms to anchor Truro’s £200m Pydar site
Falmouth University has agreed terms with Treveth Development and Cornwall Council to be the anchor tenant of the £200m Pydar development in Truro city centre.
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Grosvenor pours £10m into partnership with Urban Splash
Landowner Grosvenor UK is investing £10m in a partnership with Urban Splash so that the developer can acquire land for new schemes.
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Placefirst does double deal for Sunderland BTR sites
Build-to-rent (BTR) specialist Placefirst has secured two sites in Sunderland to develop 220 homes, Property Week can reveal.
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Landsec’s Geddes becomes Westminster Property Association chair
Marcus Geddes, managing director, workplace at property giant Landsec, has been elected as chair of the Westminster Property Association (WPA).
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Edwards and Co restructure sees Avison Young pair join as shareholders
Manchester-based property consultant Edwards and Co has added Avison Young pair Dan Crossley and Oliver Rowe as part of a major restructure of the firm.
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Online
SEGRO boss Sleath points to signs of stabilising values
SEGRO has told investors that the value of industrial assets is “showing signs of stabilising” following outward yield movements that have dogged property assets over recent months.
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Scottish rent controls impact BTR investment
Investor appetite for the Scottish Build-to-Rent (BTR) market has been significantly curbed by rent control policy and political uncertainty, according to a report published by the Scottish Property Federation in association with estate agent Rettie & Co.
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Online
Picton lines up office to residential conversions
Picton Property is set to convert a number of its poorly performing office assets into homes to unlock greater value.
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Report showing poor housing harms young people spurs calls for more affordable housing
The government is being urged to deliver more affordable housing after a report revealed 2.6 million 18- to 34-year-olds in the UK are affected mentally and physically by poor-housing quality.
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Patrizia lodges plans for major City of London office development
Patrizia has submitted plans for a major sustainability and wellness-led office development at a historic Aldgate site in the city of London.
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Early signs of recovery in the UK economy bring cautious optimism
Property finance experts talked of cautious optimism for early signs of improvement in the macroeconomic outlook, as the latest figures from MSCI showed UK commercial real estate delivered its first positive investment returns since June 2022.
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Land Registry and Bank of England unveil digital prototype to speed up transactions
HM Land Registry, the Bank of England, the Bank of International Settlements (BIS) and Coadjute have completed a fintech prototype that they say could speed up property transactions and help prevent deals from falling through.
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News
M&G acquires 67 Dublin social housing apartments for €31.3m
M&G Real Estate has acquired 67 social housing apartments in Blackrock, Dublin, for €31.3m (£38m), via its M&G European Secured Property Income Fund.
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News
Stärka appointed as sole agent for Bean Coffee expansion
Independent coffee operator Bean Coffee Roasters has appointed the leisure real estate advisory business Stärka as its sole agent to help with the expansion of its portfolio.
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Online
Joseph Homes swaps consented Elephant & Castle office tower for PBSA proposal
Developer Joseph Homes has scrapped consented plans for an office tower in Elephant & Castle, south London, in favour of new proposals for a 24-storey, purpose-built student accommodation (PBSA) development.
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DLUHC’s rejection of Kent housing scheme adds ‘layer of subjective uncertainty’ for developers
Housing secretary Michael Gove faced a backlash from planning experts after the Department for Levelling Up, Housing and Communities’ (DLUHC’s) rejected Berkeley Homes’ plans for a residential scheme in Kent on the grounds of aesthetics.
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LCR acquires historic Derby site to fast-track regeneration
London and Continental Railways (LCR), the government-owned former railway land developer, has acquired Midland House in Derby, in a bid to accelerate the city centre’s regeneration plans.
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Topland Group moves HQ within the same building
Topland Group has announced its central London HQ relocation to the seventh floor of 105 Wigmore Street in the West End.
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Online
Link Group secures £70m Bank of Scotland funding deal
Scottish social housing company Link Group has secured a £70m funding package with Bank of Scotland.