All Property Week articles in 15 January 2021
View all stories from this issue.
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Insight
What role do department stores have in repositioning our high streets for the future?
The collapse of BHS gave the market a stark warning of what could happen to the brand that time forgot. Four years later a quarter of the stores remain vacant and with a tranche of department stores likely to follow, is repurposing the answer?
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Insight
‘Manchester is prime for investment’
According to predictions made in CBRE’s 2021 UK Real Estate Market Outlook, the office market is set to pick back up, with a focus on redesign, premium collaboration spaces and Grade A space proving more popular than ever and we can report that UK office yields will remain stable despite ...
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Online
RICS relents to independent review amid governance crisis
The Royal Institution of Chartered Surveyors relented to industry pressure last night, approving an independent review as it battles a corporate governance crisis.
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Online
JLL’s head of retail investment launches new business
JLL’s head of retail investment Nick Hart is launching a specialist coffee shop called H’ARTISAN in partnership with global cycling brand RCC (Rapha Cycling Club) Partner Cafe.
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Online
First Base appoints new head of sales and lettings
Mixed-use developer First Base has appointed Cian Finucane as its head of sales and lettings, where he will lead on its retail and leisure offer, including food beverage, for Edward Street Quarter in Brighton and Soapworks in Bristol.
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Online
New £17.5m deal for Hartpury University and College
Hartpury University and Hartpury College have entered into a £17.5m deal with Cityheart and a UK investment fund for a development in Gloucester city centre.
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Online
TfL’s Bollo Lane development gets go-ahead
A new development by Transport for London on Bollo Lane, Acton has been given the go-ahead by Ealing Council.
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Online
Kajima Properties makes new hire
London-based property investor, developer and asset manager Kajima Properties has appointed Lucas Kester as an investment surveyor for its European portfolio, with a predominant focus on logistics assets.
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Online
Aberdeen office market sees Q4 uptick in take-up
The Aberdeen office market saw a 26% increase in take-up for the final quarter in 2020 compared with the five year average.
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Online
Auction House London unveils first catalogue for 2021
Auction House London has unveiled a 114-lot catalogue for its first auction of the year.
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Online
Galliard Homes subsidises stamp duty for extra six months
Galliard Homes will subsidise a six-month extension to the stamp duty tax across developments in London.
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Online
Richardson and Ask Real Estate secure £57m funding for Leeds BTR scheme
Richardson and Ask Real Estate have secured £57m in funding for the development of a new build-to-rent (BTR) scheme in Leeds city centre.
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Online
MEAG takes 6,932 sq ft at 3 Noble Street
MEAG, the asset management arm of Munich Re and ERGE, has secured its first letting at LDN:W in the City of London.
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Online
Countryside grows completions but order book dips
Housebuilding giant Countryside Properties completed 17% more homes in the first three months of its financial year.
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Online
IWG’s recovery delayed by ongoing pandemic restrictions across the globe
Workspace group IWG has told investors its “anticipated recovery” from Covid-19 will be delayed as restrictions and lockdowns continue in many of its markets across the world.
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Online
NewRiver collects 70% of rents in latest quarter
NewRiver REIT has so far collected 70% of current quarter rental payments, slightly up on the same point in previous quarters since the Covid-19 pandemic struck.
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Online
RDI collects 77.6% of UK retail rents since pandemic struck
RDI REIT collected 57.4% of rents across its UK portfolio for the first quarter of 2021, while 93.5% of rents from the German portfolio were received.
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News
Watchdog warns of “additional risks” from BBC’s sale and leaseback strategy
The BBC faces financial risks from the complex nature of its sale and leaseback strategy, a Whitehall spending watchdog has warned.
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News
Retirement Villages Group sets 2030 net zero carbon target
Retirement Villages Group (RVG) has set out its new sustainability strategy, aiming to achieve net zero carbon by 2030.
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Online
Altus Group appoints new global president of property tax business
Altus Group has promoted Alex Probyn as its global president of its property tax business.