All Property Week articles in 15 October 2021
View all stories from this issue.
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OnlineBrownfield sites can deliver more housing but longer-term approach needed
On 12 October, the government announced that approximately £58m of the Brownfield Land Release Fund has been allocated to local authorities to deliver housing on underutilised public sector land.
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OnlineReform of business rates relief must not be delayed any longer
Chancellor Rishi Sunak has alluded that he might not give a comprehensive response to the consultation on business rates reform when he gives his Budget next Wednesday, but might “tinker with the system” – on the grounds that he has not yet had time to give the question proper consideration.
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NewsBelfast’s Montgomery House hits the market
Belfast office building Montgomery House has hit the market.
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NewsThomas returns to Shelley Sandzer as director of agency
Richard Thomas has returned to UK leisure and property agency Shelley Sandzer as director of agency.
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NewsPrimary Health Properties to buy Irish care centre for €10.1m
Primary Health Properties is to acquire the Clonbrusk Primary Care Centre, Athlone in County Westmeath, Ireland for €10.1m.
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NewsMaslow Capital supports resi development with £26.7m loan
Maslow Capital has completed a £26.7m development loan to support Meadow Partners’ residential scheme in Willesden Green, North London.
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NewsOctopus Real Estate and Homes England launch £175m Greener Homes Alliance
Real estate investor Octopus Real Estate has partnered with Homes England, the government’s housing delivery agency, to create the Greener Homes Alliance.
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NewsABTA sells former London office to CBRE IM for over £18m
ABTA has sold the freehold interest in its former offices at 68-71 Newman Street, London to pension fund clients of CBRE Investment Management for a price understood to be over £18m.
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NewsIlke Homes secures East Sussex site to deliver 140 modular homes
Ilke Homes has secured a 12.4-acre site in Hastings, East Sussex where it plans to develop up to 140 modular homes.
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NewsInspired Villages hires Legal & General’s Halliwell as CFO
Inspired Villages has hired Stephen Halliwell as its new chief financial officer.
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NewsAPAM puts Aberdeen office up for sale for £19.5m
APAM has instructed Knight Frank to market Talisman House in Aberdeen for £19.5m.
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NewsJoseph Homes’ resi development in Southwark gets green light
Joseph Homes has secured approval from the London Borough of Southwark to develop 25-33 Parkhouse Street, which will see part of Burgess Business Park redeveloped into 109 homes.
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NewsHines acquires 1.8-acre central London site
Hines has completed the acquisition of 18 Blackfriars Road, a 1.8-acre development site in central London.
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NewsAEW UK declares interim dividend as NAV nudges up
AEW UK REIT posted a rise in net asset value (NAV) in the three months ended September 30.
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NewsHUB and Smedvig agree £155m funding deal with Get Living for Maidenhead development
HUB and Smedvig have agreed a £155 million deal with build-to-rent operator Get Living to forward fund the first phase of a scheme in Maidenhead town centre.
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NewsCommercial property investment in Scotland generates £1.2bn in 2021
Commercial property investment volumes in the first three quarters of 2021 generated £1.2bn, 21% higher than volumes recorded across the same period last year, according to data from Knight Frank.
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NewsNetwork Space completes £1.5m industrial purchase
Network Space Investments has completed an off-market purchase of a single-let industrial building at South Lancs Industrial Estate, Makerfield, for £1.5m.
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NewsUrban Logistics snaps up two assets for £15m
Urban Logistics has acquired two logistics assets for £15m, reflecting a 6% net initial yield.
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NewsInspired Villages snaps up Hampshire site for second net-zero scheme
Inspired Villages has acquired a site for its second net-zero retirement community in Hampshire.
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NewsCanada Life Asset Management forward-funds £75m Birkenhead regeneration scheme
Wirral Growth Company has secured a £75m loan from Canada Life Asset Management to forward-fund two new grade-A office schemes in Birkenhead.
