All Property Week articles in 17 February 2023 – Page 3
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OnlineInvestors favour ESG despite macroeconomic headwinds, survey finds
Some 88% of UK respondents to the latest Investors Intentions Survey by CBRE have affirmed that ESG criteria will continue to be adopted in all investment decisions this year.
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OnlinePwC’s audits of Intu Properties under investigation by FRC
The Financial Reporting Council (FRC) has launched an investigation into audits conducted by PwC of collapsed shopping centre owner Intu Properties.
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NewsCity of London investment volumes leap 55% after best January in seven years
Commercial property investment in the City of London increased 55% from the final quarter of 2022 to £572.2m in January – the best January turnover since 2016, according to Savills.
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OnlineLSL chairman steps down
Bill Shannon is set to step down as non-executive chairman of LSL Property Services at the estate agent group’s next AGM in May.
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OnlineCapReg makes non-exec board appointment
Capital & Regional has appointed Panico Theocharides to the group’s board as a non-executive director.
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NewsPlans for £35m resi scheme in Gloucestershire submitted
Premium housebuilder, Hayfield Homes, has submitted plans for a £35m sustainable residential scheme in a Gloucestershire village to Tewkesbury Borough Council (TBC).
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NewsCouncil calls action on Pinewood Studios' 1.4m sq ft expansion
Pinewood Studios in Buckinghamshire is set to become the biggest studio complex in the world, with a total of 51 purpose-built stages, after gaining planning permission to add 1.4m sq ft of extra space.
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NewsCity of London calls for Skyscrapers to dim their lights
Skyscrapers across the Square Mile could be told to dim their lights at night under proposals to cut light pollution and save energy.
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NewsFine Grain buys 220,000 sq ft site at Dublin’s Citywest campus
Irish real estate investor Fine Grain Property has acquired the 219,281 sq ft Waterside development at Citywest Business Campus outside Dublin from IPUT Real Estate and Davy Waterside Investment Fund ICAV for an undisclosed amount.
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NewsSavills hires JLL directors for industrial & logistics team
Savills has appointed Tom Shaw and Michael Alderton as directors in its industrial and logistics occupier advisory team.
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OnlinePurplebricks considers sale after issuing profit warning
Purplebricks is considering selling the beleaguered online estate agent to ‘better realise the potential of the group.’
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NewsNAV falls at SEGRO
Warehouse and industrial property developer SEGRO has reported an adjusted net asset value (NAV) per share decrease of 15% to 966 pence in its FY22 results.
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InsightSafe as houses?
The terrible aftermath of last week’s earthquake has been difficult to watch on our TV screens. The scale of the tragedy, which has claimed more than 40,000 lives in Turkey and Syria, is numbing. It is impossible to imagine how it feels to witness or experience such devastation first hand.
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NewsProperty Week Digital Edition – 17 February 2023
Avison Young UK executive chair Jo Davis on how the firm plans to build on its strengths and move into new areas under its transformation strategy – With sustainability high on the agenda, developers are seeing the social and financial value of converting heritage buildings into unique workspaces
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ProfessionalLeasehold reform debate rolls on
Housing secretary Michael Gove’s announcement that the government will pass further leasehold reform legislation before the end of this parliamentary session, which may include abolishing leasehold, has been met with outrage, applause and curiosity.
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NewsDaggers drawn over MoD homes
A High Court case brought by Guy Hands’ Annington Homes over the government’s bid to reclaim an £8bn portfolio of military residential properties is being watched closely by property lawyers, who say the outcome could have further implications for the Leasehold Reform Act (LRA) 1967.
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ProfessionalFearn vs Tate case ruling may change views on privacy rights
Supreme Court ruling could have wide-ranging ramifications on what developers can build and where.
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NewsBuild-to-rent one of the most in-demand property sectors
Savills survey reveals demand for rental homes is driving investment in BTR, which reached £4.3bn last year
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ProfessionalHow can rent review provisions help both landlords and tenants?
Rent review provisions allow both the landlord and tenant to agree on a new rent amount under an existing lease. Rent reviews will be conducted during preset intervals throughout the term and may be triggered by a landlord serving notice.
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InsightPushing the boundaries: interview with Avison Young principal and UK chair, Jo Davis
Avison Young UK is embarking on a major new strategy that it hopes will put it ahead of other advisory firms. Jo Davis, principal and UK executive chair at the business, tells Andy Hillier what it entails.
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