All Property Week articles in 15 April 2022
View all stories from this issue.
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News
House Buy Fast head warns cladding tax may hit affordable housing provision
The new cladding tax on developers will bring “huge relief to thousands of people”, but its cost to housebuilders may lead them to cut provision of affordable housing, according to Jonathan Rolande, director of house buying platform House Buy Fast.
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News
Sir Lewis Hamilton and Serena Williams join Chelsea FC bid
Formula One champion Sir Lewis Hamilton and tennis ace Serena Williams have reportedly pledged £10m each to Sir Martin Broughton’s bid for Chelsea, one of three remaining bids for the Blues.
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News
Latimer gets approval for Kirkstall Road 1,400-home scheme
Latimer, the development arm of Clarion Housing Group, has received planning approval for its 1,437-home scheme in Leeds city centre.
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News
LaSalle IM completes £600m purchase of two UK designer outlets
LaSalle Investment Management has confirmed the purchase of Cheshire Oaks and the Swindon Designer Outlet from Nuveen Real Estate for £600m
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News
Heimstaden Bostad acquires Edinburgh residential project
Swedish residential real estate firm Heimstaden Bostad is to spend SEK1.5bn (£124.4m) acquiring UK build-to-rent (BTR) developer PLATFORM_’s Bonnington regeneration area in Edinburgh.
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News
Occupiers at 22 Bishopsgate urged to use e-bikes on Earth Day
The owner of the 22 Bishopsgate office tower in central London has partnered with electronic bike provider HumanForest to encourage office occupiers to travel more sustainably on Earth Day.
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News
HFD Group moves HQ to Glasgow site
Commercial property firm HFD Group is taking the top floor at its flagship office development in Glasgow city centre as its new headquarters.
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News
Warehouse REIT acquires £62m Milton Keynes site
E-commerce urban and industrial warehouse investor Warehouse REIT is buying Bradwell Abbey Industrial Estate in Milton Keynes, as part of a land grab across the Oxford-Cambridge Arc.
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Cain International will focus on London to double £500m Firethorn portfolio
London logistics activity will form the basis of Cain International’s strategy of doubling the value of its recently acquired Firethorn Trust portfolio, according to the company’s senior managing director.
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News
Hanover Green makes Brewster an associate
Commercial property consultancy Hanover Green has promoted Central London specialist George Brewster to associate.
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News
US tech giant UserTesting selects Edinburgh for European HQ
Video-based human insight provider UserTesting is taking 13,862 sq ft of office space in central Edinburgh’s Exchange District for its new European headquarters.
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Essensys upbeat despite UK 11% revenue drop
Mark Furness, chief executive of flexible workspace tech provider Essensys, has said he is still confident about the flexible office sector’s prospects despite reporting a 13.5% drop in his company’s UK recurring revenue.
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Knight Frank builds up global data centres team
Property adviser Knight Frank has strengthened its international data centres offer with the promotion of Alex Burgoyne to global head of data centre valuations, alongside the appointments of Jonathan Leung and Lizzie Quacquarelli.
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News
UK real assets a better prospect than continental markets, says Aviva Investors
The UK real estate sector is expected to offer investors better growth prospects relative to continental Europe, according to a report by Aviva Investors.
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Insight
What do developers need to know about cladding policy?
Recently, some of the UK’s largest housebuilders signed Michael Gove’s Building Safety Pledge, with pledges made now nearing £2bn.
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News
Clearbell sells three northern logistics assets to Adhan
A fund managed by real estate investor Clearbell Capital has sold three industrial assets across the north of England to commercial lettings specialist Adhan Group for £11.7m.
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Insight
What will be the driving force behind a digitally built Britain?
The first target date for building information modelling (BIM) being a mandatory requirement was back in 2016.
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Insight
What does First Homes policy mean for developers?
The main transition period for First Homes ended on 28 March 2022.
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News
Residential continues to drive European debt market
Residential real estate continues to dominate the European debt financing market despite recent gains in the office and retail sectors, a new report has found.
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News
AEW UK REIT continues NAV uptick
AEW UK REIT has reported another rise in net asset value (NAV) in the three months to the end of March, driven by its office portfolio.