All Property Week articles in 17 June 2022
View all stories from this issue.
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NewsEuropa Capital and Addington sell Lancelot portfolio for £10.6m
Pan-European real estate investment manager Europa Capital and UK investor and asset manager Addington Capital have sold a regulated London-focused residential portfolio to Mountview Estates for £10.6m.
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NewsBiotech firm swaps Cambridge for London’s White City life sciences campus
Life sciences and biotech firm Avacta Group has moved from Cambridge to London after acquiring office and lab space at the White City Campus.
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NewsGo ahead for Old Oak and Park Royal plans for 25,500 new homes
The planning inspector has approved The Old Oak and Park Royal Development Corporation (OPDC)’s local plan, paving the way for 25,500 homes to be built in the west London area.
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NewsPrologis under investigation for $26bn Duke Realty merger
Prologis is under investigation for a “possible breach of fiduciary duties” in its $26bn (£21.2bn) merger with warehouse developer Duke Realty, according to a note published by US law firm Lifshitz Law, which is carrying out the investigation.
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NewsURW inks deal to open The Ministry Shepherd’s Bush
Unibail-Rodamco-Westfield (URW) and Ministry of Sound Group have signed an agreement to open The Ministry Shepherd’s Bush, a new concept combining workspace, a multi-studio fitness offer and a rooftop bar and restaurant.
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NewsEuropa Capital & St Congar get go ahead for 880-home Hove scheme
Europa Capital, in partnership with UK property company St Congar, has secured outline planning consent to develop 880 homes alongside commercial and community spaces at Toads Hole Valley in Hove, East Sussex.
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NewsHillview Real Estate and Sh.i.r. Shlomo pay £12.6m for Leeds office building
Hillview Real Estate and Sh.i.r. Shlomo, a subsidiary of Israel’s Shlomo Group, have acquired a multi-let office building in Leeds’ financial district from Ardstone Capital for £12.6m.
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NewsStenn Technologies takes floor at Helical’s Old Street Tower
Helical has let a floor of The Tower, its mixed-use scheme at The Bower, Old Street in London’s Midtown, to digital financing platform Stenn Technologies.
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NewsOccupiers to reduce office space as ‘evolution’ continues, reports LSH
Property consultancy Lambert Smith Hampton (LSH) has highlighted a dramatic reduction in need for UK office space after a survey of occupiers revealed post-pandemic occupancy is still down significantly.
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NewsLaSalle appoints Hynard and Fauchille to new European asset management board
LaSalle Investment Management has promoted Katie Hynard to head of UK commercial asset management and Marc Fauchille to head of development and repurposing in Europe.
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NewsQ1 housing supply figures improve on previous quarter but show year-on-year fall
The Department for Levelling Up, Housing & Communities recorded an increase in supply of new housing from January to March 2022.
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NewsPLP leases Ellesmere Port unit to BargainMax.co.uk
Logistics developer and investment manager PLP has leased Unit 1 at PLP Ellesmere Port to games and toys online retailer BargainMax.co.uk.
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OnlineUrban Logistics produces strong annual figures
Urban Logistics has posted a 24% rise in net tangible assets (NTA) in what the company has hailed as a “transformational year”.
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OnlineGrainger splashes out £128m on third build-to-rent investment in Bristol
Grainger has exchanged contracts to forward fund and acquire the build-to-rent element of the second phase of Redcliff Quarter in Bristol in a deal worth £128m.
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NewsForsters to bring all staff under new Marylebone roof
Law firm Forsters will move to a new Marylebone HQ in late 2023.
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NewsPrimark to take new Salisbury retail space
Primark has today announced plans to open a new 29,700 sq ft store in Salisbury, Wiltshire.
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NewsAmazon Fresh makes debut out of London at Kent shopping centre
Amazon has opened its first Amazon Fresh store outside London in abrdn’s Bligh’s Meadow in Sevenoaks.
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NewsScarborough Group International files £26m child health centre plans
Scarborough Group International has submitted plans to Sheffield City Council for a new £26m global centre of excellence to improve child health at Sheffield Olympic Legacy Park.
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NewsFiera brings in £170m for new logistics development fund
Fiera Real Estate UK has raised around £170m of equity from investors for its new logistics development fund.
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NewsVertical farming company takes 70,000 sq ft at Newmarket Business Park
UK-based vertical farming company OneFarm has taken 70,000 sq ft of space at Newmarket Business Park in Suffolk.
