All Property Week articles in 17 August 2018
View all stories from this issue.
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OnlineAster unveils plans to develop 400 affordable homes in Oxfordshire
Housing association Aster Group has announced plans to will deliver 409 new affordable homes across seven sites in a £1.15bn investment programme in Oxfordshire.
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OnlineGreen light for BBRE office conversion of Manchester listed buildings
Manchester City Council has granted planning and listed building consent for investor Boultbee Brooks Real Estate (BBRE) to convert the Grade II Listed 77-79 Mosley Street and 14-16 Princess Street into a new mixed-use building.
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NewsCMA launches probe into Sainsbury’s and Asda's merger
The Competition and Markets Authority has launched its official investigation into the proposed merger between Sainsbury’s and Asda.
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NewsLupa Land and Urban High acquire prime Birmingham PRS site
Lupa Land and Urban High Developments have completed the acquisition of the Kent Street Baths site in Birmingham from The Gooch Estate, paving the way for a 406-unit private rental sector (PRS) development.
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OnlineDeka exchanges on £86m Cursitor acquisition in Midtown
Deka Immobilien has exchanged on its £86m acquisition of the Cursitor Building in Chancery Lane from Aberdeen Standard Investments.
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NewsKhan approves L&Q’s Brentford scheme following call-in
Mayor of London Sadiq Khan has approved L Q’s 441-unit residential scheme in Brentford, north London, which was refused planning permission by Hounslow Council earlier in the year.
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OnlineHeartbeat UK speeds into Redditch as first tenant at Velocity 42
St Francis Group and the Richardson Family have signed retail display manufacturing specialist, Heartbeat UK as the first occupier at its new 20-acre business park development in Redditch, West Midlands.
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Online€20bn real estate fund assets to hit market in next decade
More than 90 European closed end non-listed real estate funds are scheduled to terminate in the next 10 years bringing €20.9bn of assets to the market by 2027 according to the latest INREV Funds Termination Study.
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NewsHansteen shares fall after half year results
Hansteen’s share price fell 5.6% on Wednesday to 99p after the company said it expects to be a ‘net seller for the foreseeable future’.
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OnlineKorean fund agrees £1.2bn Goldman HQ sale and leaseback
Korea’s National Pension Service has agreed a £1.16bn sale and leaseback deal with Goldman Sachs to acquire the bank’s new London headquarters.
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OnlineCairn completes €350m debt refinancing
Irish housebuilder Cairn Homes has completed a debt refinancing of its existing €200m (£179.7m) senior debt facility into a new €277.5m term loan and revolving credit facility with Allied Irish Banks, Ulster Bank Ireland and Barclays Bank Ireland.
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NewsCivitas secures £37.6m social housing portfolio
Civitas Social Housing has completed the purchase of a portfolio of social housing properties for £37.6m.
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NewsCrosslane acquires half-acre student accommodation site in Dublin
Crosslane Student Developments has acquired a half-acre site in Stoneybatter, Dublin with existing planning consent to develop a 99-bed purpose-built student accommodation scheme.
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OnlineSchroder secures €20m Dutch logistics assets
Schroder European REIT has exchanged on the acquisition of three industrial assets in the Netherlands for €19.8m (£17.8m), reflecting a combined net initial yield of 6.5%
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OnlineInland Homes enters social housing sector
Housebuilder Inland Homes has become one of the first listed companies to be registered as a for profit provider of social housing by the industry regulator.
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NewsCampus Living Villages and Equitix to deliver Bristol University student accommodation
A joint venture between Campus Living Villages and Equitix has been appointed to deliver approximately 1,200 new bed spaces at Bristol University over the next five years.
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NewsMace’s 200,000 sq ft office plans for Cambridge Science Park approved
Mace’s plans for a 200,000 sq ft commercial development on the site of Cambridge Science Park have been approved by South Cambridgeshire and Cambridge City planning authorities.
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OnlineFormer Staples chain Office Outlet confirms store closures and CVA
Office Outlet, the stationery retailer formerly known as Staples, has confirmed plans to launch a company voluntary arrangement (CVA) including store closures. The proposals will also see the retailer request rent-free periods from landlords.
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NewsGLN agrees £230m refinancing for UK assets
Global Net Lease, a real estate investment trust, has entered into a £230m refinancing as it closes its share offering.
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OnlineFarm Group signs as first occupier for Allied London's ABC Buildings
Post-production company The Farm Group has signed for a 25,000 sq ft facility to become the first tenant at The ABC Buildings within Allied London’s Manchester scheme Enterprise City.
