All Property Week articles in 14 May 2021
View all stories from this issue.
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NewsElon Musk’s UK visit fuels more Tesla ‘gigafactory’ rumours
Elon Musk’s reported trip to the UK has fuelled yet more rumours that the Tesla chief executive is looking to build an electric car battery ‘gigafactory’ in the UK.
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OnlineSavills predicts central London investment recovery
Savills is forecasting a strong bounce-back in central London investment activity, after the amount of stock under offer in the City of London rose 29% month on month to £2.49bn at the end of April.
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OnlineRICS report reveals “challenging” membership feedback
Falling trust levels, waning influence and concerns about transparency are among the top issues highlighted by members of the Royal Institution of Chartered Surveyors (RICS) in a consultation report published today.
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OnlineSavills and Knight Frank appointed to market BP’s Aberdeen office
LaSalle Investment Management has appointed Savills and Knight Frank to market the Wellheads Avenue office scheme in Aberdeen.
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OnlineSquarestone hits full occupancy at Southgate Business Park
Squarestone has reached 100% occupancy at Southgate Business Park in Peterborough after a flurry of lettings at the site.
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OnlineArne Clo takes 59,000 sq ft at Birchwood Park
Arne Clo has taken 59,000 sq ft of space at Birchwood Park – the biggest letting in the park’s history.
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NewsHillview Real Estate sells Wrexham manufacturing HQ to tenant
Hillview Real Estate has sold a headquarters manufacturing complex in Wrexham to the long-standing tenant, Transcontinental Advanced Coatings (TAC), Property Week can reveal.
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NewsSt. Modwen Properties agrees £1.24bn takeover by Blackstone
St. Modwen Properties has agreed to a £1.24bn takeover offer by US private equity firm Blackstone.
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NewsPandemic shifts view of later living for quarter of over 65s
Over one quarter (27%) of over 65s claim the pandemic has shifted the way they view later living developments, an industry survey has revealed.
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NewsAviva winds up UK Property Funds
Aviva is to permanently close its currently suspended Aviva Investors UK Property Fund, Aviva Investors UK Property Feeder Fund and the Aviva Investors UK Property Feeder Acc Fund due to concerns about liquidity.
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NewsFamily homes top bumper SDL catalogue
Family homes are the main feature of SDL Property Auctions’ bumper 209-lot catalogue for its next online auction on 27 May, as the auction house aims to take advantage of extension of the stamp duty holiday to the end of June.
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NewsCrest Nicholson launches Surrey housing development
Crest Nicholson has launched Catteshall Court, a development on the banks of River Wey in Godalming, Surrey.
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OnlineKLM Retail makes two promotions
KLM Retail has promoted Tim Preston to salaried partner and Jack Hesketh to associate.
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NewsL&G Capital appoints head of venture capital investing
Legal General Capital has hired Peter Maher as head of venture capital investing.
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NewsCBRE launches Shankly Hotel to market
CBRE has launched Shankly Hotel in Liverpool city centre to market on behalf of administrators Kroll.
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NewsPeabody snaps up former Dagenham Ford stamping works
Europa Capital and St Congar Land has sold the former Ford Stamping Works in Dagenham to Peabody housing association for its new residential-led scheme.
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NewsOrigin Housing secures £120m green private placement
Origin Housing has secured a £120m green private placement with four North American investors.
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NewsNew London Architecture survey highlights need for more flexible working practices
A report into the post-pandemic workplace by New London Architecture shows that the majority of employees now expect more flexible workplaces.
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NewsASI sells St John Street office for £17m
Aberdeen Standard Investments (ASI) acting for Courts Nominees has sold 48-50 St John Street in Farringdon to Patrizia for £17m, reflecting a net initial yield of 4.9%.
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NewsBridges and XLB acquire prime Frimley shed refurb
Bridges Fund Management and XLB Property have acquired a 9-acre site at Frimley Business Park, near Farnborough in Surrey to redevelop into a sustainable, 90,000 sq ft industrial and logistics scheme.
