All Property Week articles in 16 September 2022 – Page 2
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News
Henry Boot posts £39m half-year profits as it ‘de-risks’ for recession
Henry Boot has a “good chance” of returning to pre-pandemic profitability this year, its chief executive declared as he unveiled strong interim results on Tuesday.
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Online
Supermarket Income REIT posts strong full-year figures
Net tangible assets (NTA) Supermarket Income REIT leapt 64% for its financial year to the end of June.
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Online
LXi in talks to buy £500m Sainsbury supermarket portfolio in sale-and-leaseback deal
LXi REIT is in talks to buy 18 Sainsbury stores in a sale-and-leaseback deal reported to be worth around £500m.
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News
David Partridge to oversee UK’s first net zero carbon building standard
Related Argent chairman David Partridge has been appointed to oversee the development of the UK’s first net zero carbon building standard.
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News
Hibernia reveals 28% cut in carbon emissions
Dublin city-centre office specialist Hibernia Real Estate Group has achieved a 28% reduction in carbon emissions, according to its 2022 sustainability report.
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News
Gravity Media takes 50,000 sq ft at White City campus
Cadillac Fairview, the real estate arm of the Ontario Teachers’ Pension Plan, which owns White City Place in west London, has leased 50,000 sq ft of the WestWorks building there to Gravity Media.
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Insight
Without tackling property mismeasurement, we cannot meet net zero
Real estate currently contributes 40% of the world’s carbon emissions. As a result, the property sector’s ability to decarbonise is integral to the future sustainability of the planet. Most industry leaders recognise how high the stakes are, not just for the planet but for the future viability of the real ...
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News
Buckinghamshire business park scores tenant hat-trick
Liscombe Business Park has secured lettings with dental specialist Laboratory Arts, Martin Cook Electrical Services and a specialist storage facility.
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News
Taylor Wimpey gets go ahead for 110 homes near Guildford
Taylor Wimpey has gained approval to build up to 110 homes in a development called Ada Gardens at East Horsley near Guildford, Surrey.
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News
Telereal Trillium acquires Bedfordshire estate to build 4,000 homes
Lands Improvement, a strategic land developer owned by Telereal Trillium, has acquired an agricultural estate in Bedfordshire to build 4,000 homes.
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News
Ashby Capital and Native Land get greenlight for 70,000 sq ft Kings Cross lab site
Developer Native Land and real estate investor Ashby Capital have secured planning consent for 70,000 sq ft of lab-enabled workspace in the Knowledge Quarter in London’s Kings Cross area.
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News
Sports Direct founder Mike Ashley to step down from Frasers Group board
Mike Ashley is to step down from the board of Frasers Group, the owner of high-street brands including the Sports Direct chain the billionaire retail tycoon founded 40 years ago.
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News
Verdion to deliver 1.75m sq ft Doncaster spec logistics scheme
Logistics firm Verdion has announced a £300m GDV speculative development programme to deliver the final 1.75m sq ft of industrial space at iPort, its logistics hub just outside Doncaster.
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Online
Big growth in the small to mid-box market
Demand for small to mid-box warehousing has never been higher, despite serious economic challenges, explains Jason Rockett, MD of Potter Space.
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News
Result for Leicester City as stadium expansion gets green light
Leicester City Football Club has been given the go ahead to give its King Power Stadium a major make-over and develop a number of mixed-use assets on surrounding land.
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News
Half of resi developers believe biodiversity regulations will be ‘very challenging’
Fewer than one in seven residential developers believe mandatory biodiversity net gain (BNG) requirements are ‘comfortably achievable’ and three quarters believe it will hurt their profits, according to a survey by the Land Trust, Property Week can reveal.
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Online
Prioritising renewable energy
As an industry, we should all be alarmed that the built environment generates nearly 37% of all annual global carbon dioxide emissions, according to the UN’s Global ABC Status Report 2021.
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News
Despite the gloom, there are reasons for optimism
There’s a huge amount of pessimism surrounding the UK economy at present and understandably so.
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Online
Demand soars for speculative warehousing
Occupiers’ need to defend margins and increase operational efficiency has been driving strong take-up.
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News
Data is key to identifying the right opportunities
Investing in industrial property over the past year has been, as the saying goes, a little like shooting fish in a barrel. Occupier take-up reached record heights and average rental growth soared, helping maintain an insatiable appetite from local and global investors.
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