All Property Week articles in 17 April 2020 – Page 2
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Owner of the Ritz is Qatari emir’s brother-in-law
The brother-in-law of Qatar’s ruler is the owner of the Ritz Hotel in London, it has emerged.
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JLL commits to cut carbon emissions by two thirds
JLL has committed to reducing its carbon emissions in line with the ambitions of the 2015 Paris climate agreement.
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Law Society calls for blanket extension to expiring planning permissions
The government should offer a blanket extension of six months to all planning permissions expiring in the next few months to streamline planning measures brought in because of coronavirus, the City of London Law Society has argued.
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MetaProp hires former head of real estate at Bill Gates Investments
Proptech fund MetaProp has named Maureen Waters as a new partner at the firm.
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GCW to advise on O2’s UK store portfolio
O2’s parent company Telefónica UK has appointed GCW to deal with all retail agency and lease advisory matters across its UK portfolio.
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Europa Capital appoints Sovereign Centros for Workington asset manager role
Europa Capital has appointed Sovereign Centros as strategic asset manager for the Washington Square shopping centre in Workington, Cumbria.
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Arcadis leads industry campaign to source PPE equipment for NHS
Design and consultancy firm Arcadis has collected more than one million items of personal protective equipment (PPE) for NHS staff from companies across the property industry.
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IPUT lets 325,000 sq ft unit to Dunnes Stores
IPUT has let a 325,000 sq ft logistics unit in Dublin to retailer Dunnes Stores on a 20-year lease.
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Clearbell lets 75,000 sq ft warehouse for industrial portfolio
Clearbell Property Partners has let a 75,000 sq ft industrial asset in Sheffield, Yorkshire, to concrete manufacturer Amber Precast on a 10-year lease.
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Hines sells Bishop’s Square to GLL Real Estate Partners
Hines Global Income Trust has sold Bishop’s Square in Dublin to GLL Real Estate Partners.
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Commercial property rent collection rates remain weak at 21-day mark
Commercial property rent and service charge collection levels have only increased marginally in recent weeks, according to a survey of more than 18,000 properties.
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NewRiver board takes 20% pay cut
The board of directors at NewRiver REIT will take a 20% pay cut which will be donated to its corporate charity partner The Trussell Trust.
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Warehouse REIT appoints regional director
Warehouse REIT’s external manager Tilstone Partners has hired Scott Edgar as its new regional director.
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SEGRO launches £10m centenary fund
SEGRO has launched a £10m communities fund to mark the firm’s 100-year anniversary.
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Patrizia appoints co-CEO
The pan-European property investment group Patrizia has appointed Thomas Wels as new Co-chief executive.
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Unite expects to take hit of up to £125m from health crisis
Unite Students is set to miss out on up to 65% of rental income during the summer semester after giving rent holidays to students who left their rooms to return to their families during the Covid-19 health crisis.
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Warning signs in debt market pre-Covid-19
The real estate debt market was experiencing a sharp slowdown and showing signs of weakness even before the Covid-19 outbreak hit the global economy, new research has found.
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Stock market summary: 21st April
Another day in the red for property stocks, with Shaftesbury losing nearly 9% in value.
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Plans for new sustainable office tower in London Bridge
EDGE has unveiled designs for its 250,000 sq ft office scheme at London Bridge.