All Property Week articles in 15 July 2022 – Page 3
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News
Palace Capital shareholders force company pivot, directors step down
An uprising from shareholders of Palace Capital has seen the company volte-face on a recent change in its primary strategy, a move that has triggered the resignation of three board members.
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News
Blackstone’s St Modwen closes £80m London logistics buy
St. Modwen has completed an £80m buy of Westlands industrial estate, Hayes.
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Diamond joins Etherden in leaving LXi REIT board
LXi REIT’s board reshuffles continue as Patricia Diamond steps down.
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Rangeford Villages makes two hires
Later-living developer Rangeford Villages is continuing to expand its senior leadership team with two key new hires this summer.
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Long Harbour, PSP Investments and Cadillac Fairview makes second BTR investment
Long Harbour, PSP Investments and Cadillac Fairview have agreed to forward-purchase a 204-unit BTR development in Tower Hamlets, London, for £110m.
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Regional REIT buys former online bank premises in Derby
Regional REIT has purchased the former home of the UK’s first online bank Egg Bank in Derby for around £20m.
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Firethorn appoints Glencar to build 94,000 sq ft speculative warehouse in Erith
Firethorn has appointed construction company Glencar to build a 93,984 sq ft last-mile logistics scheme in south east London.
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Standard Life bolsters business development team
Standard Life Home Finance has appointed Phil Beswick as business development manager.
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Appointment of Stoford lifts Stannah’s Hampshire scheme
Commercial property developer Stoford has been appointed to develop premises in Hampshire for international stairlift company and lift services manufacturer Stannah.
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Take-up hits six-year high in Bristol office market
Bristol recorded its highest half-year office take-up since H1 2016 in the first six months of this year, at 377,884 sq ft, according to Savills.
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Avant Homes acquires first West Midlands site for 184-unit development
Avant Homes has acquired a 20.9-acre site in Priorslee, Telford, to deliver a 184-unit residential site with a GDV of £85m.
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Brabners relocates to Manchester’s Barbirolli Square
Law firm Brabners has officially relocated its new Manchester office to 100 Barbirolli Square after completing its much-anticipated move from 55 King Street.
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News
Derwent London offloads Bush House for £85m
Derwent London has sold the South West Wing Bush House, a 103,700 sq ft freehold office building, for £85m.
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Insight
A Smart approach
Trevor Leitao is a Smart Building and Building Automation Consultant at chapmanbdsp, a building services and environmental engineering consultancy.
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Insight
What has WFH taught us about maximising the office?
We are now approaching six months since Covid work-from-home (WFH) guidance was scrapped and a hybrid working model of some degree is now ingrained in most companies.
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News
Iron Mountain signs for 312,000 sq ft at Symmetry Park Kettering
Data storage firm Iron Mountain has signed a lease with Tritax Symmetry to take 312,000 sq ft of logistics space at Symmetry Park in Kettering, Property Week can reveal.
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Ince adds three to London property team
International legal and professional services firm Ince appointed Tim Foley, David Sutherland and Sanna Mir to its London property team.
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News
Black Sheep Coffee to open outlet at Fleet Street
Black Sheep Coffee is set to open a new site at 173 Fleet Street in London’s EC4, signing a 20-year lease on the property.
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News
Industrials REIT closes £5.8m Reading site sale
Industrials REIT has completed the sale of Rose Kiln Court, Reading for £5.88m. The sale price represents a 2.2% discount to the 31 March 2022 valuation of £6.015m.
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Circle Property comes full circle in return to black post-pandemic
Circle Property has returned to profit for its latest financial year.