All Property Week articles in 15 December 2023
View all stories from this issue.
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News
Zia Lucia signs lease for first restaurant outside London
Italian pizza chain Zia Lucia has signed a lease for its first restaurant outside London as it begins expansion into the rest of the UK.
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Insight
New regulator guidance to help protect open-ended funds investing in property
The Financial Stability Board (FSB) and the International Organisation of Securities Commissions (IOSCO) have published tougher rules for managers of open-ended investment funds in a bid to protect financial stability and improve investor protection.
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News
DLUHC announces £25m levelling-up funding to support over 70 pubs, theatres and museums
The Department for Levelling Up, Housing and Communities (DLUHC) has announced £25m of levelling-up funding to support over 70 pubs, cinemas and museums across the UK.
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News
Investor Feldberg expands London team
Feldberg Capital has hired Kat Austreng as an associate director working out of its new London office as it continues to grow its UK business.
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News
A2Dominion and Thames Valley Police submit plans for 1,000 new homes at Bicester
Housing association A2Dominion in a joint venture with Thames Valley Police has submitted a planning application for the delivery of 1,000 new homes at North West Bicester in Oxfordshire.
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News
Allsop’s last auction of the year raises £58m to bring 2023 total to £880m
Auctioneer Allsop has wrapped up 2023 with £880m in sales after it raised £58m at its December residential auction.
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Insight
Prosperity Group greenlit for 146-home development in Birmingham
Residential developer and investor Prosperity Group has secured planning permission for the delivery of 146 new apartments in Birmingham’s Southside.
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News
HBD submits plans for 454,000 sq ft business park expansion in Luton
Property developer HBD, part of Henry Boot Group, has submitted an outline planning application for the next phase of Luton’s Butterfield Business Park with an additional 454,000 sq ft of new employment space.
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News
Mitheridge and Halcyon form JV to deliver 340-unit co-living scheme in London
Mitheridge Capital Management has completed the acquisition of a site comprising three warehouses in Hackney Wick, east London, to redevelop them into a 339-unit co-living scheme with a gross development value of more than £100m.
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News
Wilson Bowden gets green light for major Infinity Park Derby expansion
Developer Wilson Bowden has secured outline planning permission for a major expansion of Infinity Park Derby.
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Online
Midland Heart secures £200m of lending to modernise affordable homes portfolio
Midland Heart has secured a £200m funding deal to support its efforts to modernise its 35,000 affordable home portfolio.
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News
Network Rail buys 65 biodiversity units in Cambridge to deliver new railway station
Network Rail has acquired 65 biodiversity units across a 354-acre site from Cambridgeshire County Council to support the facilitation of a new railway station.
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News
Landsec submits second planning application for £45m Gunwharf Quays investment
Landsec has pushed forward its £45m investment programme in Gunwharf Quays in Portsmouth after submitting its second planning application of the year.
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News
Fiera and Cubex agree £9.4m development facility with Alpha Property Lending
Fiera Real Estate UK and Cubex have agreed a £9.4m development facility with Alpha Property Lending to part-fund the construction of its grade-A 94,000 sq ft logistics scheme, Swindon Trade Park.
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News
Barclays agrees to stay at Canary Wharf HQ until 2039
Barclays has agreed to extend its lease at One Churchill Place by five years in a vote of confidence in Canary Wharf’s struggling office market.
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News
West London Pasadena Distribution Centre let to Panalux
Royal London Asset Management Property has let Pasadena Distribution Centre in Hayes, west London, to film and television lighting equipment specialist Panalux.
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News
Waverley Castle Hotel in Scotland snapped up by Leisureplex Hotel Group
Waverley Castle Hotel in Melrose, Scotland, has been sold to Leisureplex Hotel Group in an undisclosed deal.
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News
Fareham and Chorley councils in special measures for poor planning performance
Fareham and Chorley councils have been placed in special measures over their poor performance on planning decisions.
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News
Wavensmere Homes on track to deliver 500 homes to hit £115m turnover
Residential developer Wavensmere Homes is on track to deliver 500 homes during 2024, which will result in a turnover of £115m.
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News
Government releases first tranche of £110m nutrient neutrality funding
The government has released the first tranche of £110m in funding to help local planning authorities, constrained by EU nutrient neutrality laws, build new homes.