All Property Week articles in 15 October 2021 – Page 5
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Online
LondonMetric spends £20.2m on London logistics assets
LondonMetric Property has paid £20.2m for two last-mile logistics assets in London.
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Online
Home REIT adds 1,850 beds to homeless accommodation portfolio
Home REIT has spent £166.4m on 23 portfolios comprising 366 properties located across England and Wales.
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News
UK PBSA operators warned of reliance on international students
The UK PBSA sector has been warned not to be over reliant on international students taking rooms following a drop in visas issued to Chinese students and fewer EU students, Property Week can reveal.
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Online
How to demonstrate real confidence in a development appraisal
Confidence is a big part of being a property developer. But having confidence in yourself isn’t enough. You need to convey that confidence to others too, so they’re eager to come along for the ride – including lenders.
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Insight
Freehold networking forum reaches 10 years
It is amazing that it only became illegal to discriminate against people identifying as lesbian, gay or bisexual in the workplace in 2003. Until Employment Equality (Sexual Orientation) Regulations became law in the UK, you could effectively be sacked for being gay, while trans people did not receive protection until ...
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News
Broker says post-Covid market conditions may benefit London restaurateurs
Restaurateurs looking to open outlets in Mayfair have a “rare opportunity” to acquire a location in the area due to weakened post-Covid market conditions, according to London restaurant property broker Dean Gambles & Co.
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News
JLL makes two central London office promotions
JLL has promoted Jeremy Attfield to head of City agency and client strategies, and Chris Valentine to head of central London office agency.
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News
BidX1 sells 88% of October auction catalogue
Online auctioneer BidX1 has sold 88% of its 16-lot catalogue, raising £2.5m.
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News
Bury Council forms JV with Muse for regeneration scheme
Bury Council has formed a joint venture with Muse Developments for the regeneration of Prestwich village, Manchester.
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News
Kent plot sells for almost eight times its guide price at McHugh & Co sale
A 6,500 sq ft plot of land in Rainham, Kent sold for £112,000 – way above its £15,000 guide price – at McHugh & Co’s latest sale.
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News
Gravis Capital seals deal to buy The Collective assets
Gravis Capital’s GCP Asset Backed Income Fund, a lender to co-living brand The Collective, has signed a deal to acquire the assets of the struggling firm following its recent collapse into administration, Property Week understands.
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News
Glenny makes raft of promotions
Glenny has promoted Aaron Stovell and Alasdair Lowe to divisional directors, while Jeffrey Prempeh and Jon Fields have been promoted to senior associate.
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News
LGIM Real Assets sells West End office to KGAL for £56m
Legal & General Investment Management (LGIM) Real Assets has sold West End office building101 St Martin’s Lane to German asset manager KGAL Investment Management for £56m.
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News
UK logistics vacancy rate hits all-time low
The UK logistics sector vacancy rate has fallen to an all-time low of 1.53%, CBRE has revealed.
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News
Civitas declines to comment on short-seller’s letter
Civitas Social Housing has declined to comment on a letter issued by a short-seller in response to its market update published on Monday.
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News
Lothbury to expand One Stanhope Gate
Lothbury Investment Management, on behalf of Lothbury Property Trust, has gained planning permission from Westminster Council for an extension and alterations to Mayfair office building One Stanhope Gate.
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News
Investment in senior housing market surges 73%
Investment into the senior housing market has leapt 73% in the first nine months of the year compared to the same period in 2020, data by Knight Frank has revealed.
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News
Cushman & Wakefield makes 64 UK and Ireland promotions
Cushman & Wakefield has made 64 promotions across its UK and Ireland teams.
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News
Landsec collects 85% of rent for September quarter day
Landsec has collected 85% of rent owed for the September quarter day.
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News
Tavis House secures £18.8m funding for shed scheme
Tavis House has secured an £18.8m funding package for an industrial scheme.