All Property Week articles in 17 February 2023 – Page 2
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Online
Earls Court regeneration relaunched with revamped masterplan
The developer behind the Earls Court regeneration scheme in west London has unveiled a new masterplan for the 40-acre site that includes the creation of 4,500 homes and a city park.
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Online
Rival urges call-in for MSG’s Stratford Sphere as Gove considers scheme
Rival arena operator AEG Europe has urged Michael Gove to call in the controversial plans for the MSG Sphere in Stratford, east London, after it emerged that the housing secretary has pressed pause on the planning application to consider the proposals for the entertainment venue.
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Online
NAV and profit falls at PHP
Net asset value (NAV) at Primary Health Properties (PHP) fell 3.5% in the 12 months to the end of December as yields moved out during the year.
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Insight
Shore Capital Markets’s Clive Black on when incapability rules
Even Scottish satirist Armando Iannucci, writer of the Whitehall TV farce The Thick Of It, would have struggled to have imagined the nature of the Truss-Kwarteng show.
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News
Industry Reacts: HMRC reports resi transactions fell in January
Provisional non-seasonally adjusted UK residential deals were down by an estimated 7% year on year in January, according to HM Revenues & Customs (HMRC).
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News
Related Argent expands in-house residential team to manage new London BtR portfolio
Related Argent is expanding its in-house residential team with over 50 new staff to manage its new London build-to-rent (BTR) portfolio comprising over 3,000 rental homes across developments in King’s Cross, Brent Cross Town and Tottenham Hale.
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News
Russia’s invasion of Ukraine marked ‘new era for real estate’
Russia’s invasion of Ukraine signalled a new era for commercial real estate, as the end of the low interest rate environment means investors no longer treat commercial real estate as a bond proxy, according to MSCI.
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Videos
Ditch short-term thinking, social value experts tell PropCast
Socius director Olaide Oboh and Savills Earth’s new director of social value Wesley Ankrah tell Montfort Real Estate’s Andrew Teacher that developers could play a critical role in supporting culture and youth development.
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Online
Aldi targeting empty London office blocks under new store expansion
Aldi plans to nearly double its 60-store-strong London portfolio as part of a UK expansion drive that will see it target empty office blocks and new housing locations.
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News
Film studio takes centre stage at UKCM’s Ventura Park
Commercial property REIT UKCM has secured 116,200 sq ft of lettings across two units at the 35-acre Ventura Park industrial estate in Radlett, Hertfordshire.
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News
Tritax Symmetry seeks further 930,000 sq ft of sheds at Biggleswade
Logistics developer Tritax Symmetry has submitted a detailed planning application for 930,000 sq ft of logistics space at Symmetry Park Biggleswade.
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News
SAV sells Northern & Shell building with planning for £85m BTR scheme
Investor and developer SAV Group has sold the 79,302 sq ft Northern & Shell Tower in Canary Wharf to developer Selsdon Way Development for conversion into an £85m GDV (gross development value) build-to-rent (BTR) scheme.
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News
Co-location sites set to house 30,000 new London homes
More than 30,371 new homes and around 4m sq ft of employment land are set to be developed in London on co-location sites combining residential and industrial use, according to planning consultancy Turley.
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News
Fattal checks in to Brighton’s Grand Hotel
Fattal Hotel Group, owner of Leonardo Hotels UK & Ireland, has acquired Brighton’s Grand Hotel from the Weston family that controls Associated British Foods, for around £60m.
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News
Smith Mordak named new UKGBC chief executive
UKGBC (UK Green Building Council) has appointed Smith Mordak, director of sustainability and physics at engineering consultancy Buro Happold, as incoming chief executive.
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News
Telford Homes names Chen Davison as COO
London-focused developer Telford Homes, a subsidiary of property giant CBRE, has appointed build-to-rent (BTR) veteran Lesley Chen Davison as chief operating officer.
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News
Firethorn launches new Living Platform with senior appointment
Real estate investor and developer Firethorn Trust has launched a new Living platform, which will be headed up by senior appointment Marcus Weeks.
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Online
Aitch Group secures £24.4m refinancing deal with Sirius
Boutique London property developer Aitch Group has completed a £24.4m refinancing deal for its Childers Street scheme in Deptford, south-east London, with Sirius Property Finance.
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Online
Springfield profit dips despite sharp rise in revenue
Profit at Springfield Properties dipped 5% in the first half of its financial year, despite a sharp rise in revenue.
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News
Kennedy Wilson signs lease agreements covering 37,000 sq ft at Manchester logistics park
International real estate investor Kennedy Wilson has secured around 37,000 sq ft of leases with five tenants at Towers Business Park in Manchester.
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