All Property Week articles in 16 December 2022
View all stories from this issue.
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InsightCanvas Offices’ Yaron Rosenblum on ‘office as a service’ as the landlord’s solution
Being a landlord isn’t what it used to be. Conventional wisdom has always found bricks and mortar to be a sound investment, but for the many commercial landlords whose buildings are lying empty, the situation can be a difficult one.
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NewsDLUHC launches NPPF consultation with focus on local plans
Incentives for more local authorities to adopt new-style local plans and the introduction of National Development Management Policies, to provide consistency for small and medium housebuilders, are among the proposals in the government’s long-awaited consultation to update the National Planning Policy Framework (NPPF), published yesterday.
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NewsSchroder European REIT refinances largest debt early
Schroder European Real Estate Investment Trust (REIT) has completed the refinancing of its largest debt €14m (£12.3m) loan due to expire next year, early.
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NewsSports Direct to take flagship Dublin store
Frasers Group has purchased the 200,000 sq ft Dublin Zara store, formerly home to Debenhams, for its Sports Direct brand.
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NewsLondon’s flexible offices ‘back to pre-Covid occupancy’, says Knight Frank
Occupancy levels across central London’s flexible office spaces have returned to pre-pandemic levels, according to a survey led by Knight Frank.
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NewsFlagship Homes 'monitoring development programme'
Housebuilder and manager Flagship Homes said it is “monitoring its development programme closely” as the number of new units it completed in the six months to 30 September fell to 259 from 302 in the same period in 2021.
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NewsSmaller student dwellings in demand in Q4, says StuRents
Demand for student accommodation was skewed more heavily towards smaller sizes in the fourth quarter of 2022 as more international students sought accommodation, according to data from StuRents.
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NewsCanary Wharf builder Albert Reichmann dies
Albert Reichmann, who along with his brothers Paul and Ralph ran developer Olympia & York, which built the first phase of London financial hub Canary Wharf, has died aged 93.
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NewsBRiCS’ 77-home community in Hampshire greenlighted
Builder BRiCS Development, backed by investor Omni Partners, has secured unanimous approval for a 77-home community in Hampshire with a £36m GDV.
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NewsBrownfield land for a million homes lying dormant, says CPRE
Countryside charity CPRE has identified brownfield sites that it says could support the development of over 1.2 million homes.
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NewsMission Street submits £100m Oxford life sciences facility plan
Developer Mission Street, backed by investor BentallGreenOak, has submitted plans for a £100m life sciences innovation and R&D facility across 16,992 sq m in Oxford.
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NewsKnight Frank London sells £855m of new homes in 2022
Property consultancy Knight Frank’s London arm said it has sold £855m of new homes for clients in the capital in the past year, a 12-month record for the firm.
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InsightDundee City Council’s John Alexander on sowing the seeds of success in Scotland
Throughout history, Scotland has been a centre for innovation, entrepreneurialism and business endeavour, its cities brimming with the ambition to prosper. Today is no different, despite the economic challenges of high inflation and weakened activity.
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InsightAviva Investors’ Daniel McHugh on why market repricing represents an opportunity for long-term investors
Events in commercial real estate over recent weeks have yet again reminded us that market cycles are long, but investors’ memories are short. Although history is not repeating itself exactly, we have been at this point in the cycle before and seen the same warning lights flashing.
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OnlineGRIF blames ‘challenges’ around Building Safety Act for delay in annual results
Ground Rents Income Fund (GRIF) has told investors its annual result will be delayed due to ‘challenges’ around the Building Safety Act.
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OnlineDerby kickstarts US pizza giant’s plans to retake slice of UK market
US pizza giant Little Caesars Pizza has opened a store in Derby, its first British store in more than two decades, and has further plans to roll out the brand across the UK.
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OnlinePubs raise glass to alcohol duty freeze
The government’s decision to freeze alcohol duty for another six months will allow £180m to be reinvested into the pub and brewery industry, according to the British Beer and Pub Association (BBPA).
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OnlineChelsea’s £50m bid for land reignites Stamford Bridge redevelopment plans
Chelsea Football Club’s stadium redevelopment plans have been reignited after the club submitted a £50m offer to buy a parcel of land next to Stamford Bridge.
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OnlinePortman Estate’s 450-home Beaconsfield scheme refused at appeal
A planning inspector has dismissed Portman Estate’s appeal against a council’s refusal of plans for a 450-home development in Beaconsfield, Buckinghamshire.
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OnlineWirefox acquires prime Belfast office building with retail offering
Wirefox, a Hollywood-based investment company, has snapped up a prime mixed-use building in Belfast city centre for an undisclosed fee.
