All Property Week articles in 17 June 2022 – Page 2
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News
Kier Property and HGP form £80m resi joint venture
Kier Property and Housing Growth Partnership (HGP) have formed a joint venture that will see them develop around 2,000 new homes over the next five years.
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R&F secures £770m funding rescue package for One Nine Elms
Chinese developer R&F has agreed a £770m financing deal that will allow it to complete its £1bn One Nine Elms development on London’s South Bank next year.
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M&S blasts Gove for Oxford Street public inquiry
Marks & Spencer has lambasted housing secretary Michael Gove for ordering a public inquiry into the demolition of the retailers’ flagship Oxford Street store.
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GRE Finance hands Kingscastle £17.3m facility for portfolio buy
GRE Finance has seeded developer Kingscastle with a £17.3m loan, Property Week can reveal.
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Private equity firm takes floor at St James’s luxury office project
French private equity firm PAI Partners UK has signed for the third floor of new luxury office project 78 St James’s Street, Property Week can reveal.
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Springfield acquires rival Scottish housebuilder
Springfield Properties has acquired the Scottish housebuilding business of Mactaggart & Mickel for £46.3m.
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Berkeley Homes hails annual figures as profit passes £550m
Pre-tax profit at Berkeley Group rose 6.4% to £551.5m in the year to the end of April.
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Impact Healthcare turns to investors to help fund acquisitions
Impact Healthcare REIT seeking to raise funds from investors in order to help fund care home acquisitions.
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AEW UK REIT more than doubles annual profit
AEW UK REIT more than doubled pre-tax profit to £46.7m in the year to the end of March.
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Urban Splash JV told to hand over £8m to creditors
The firm leading the administration of the Urban Splash House group has reported that the collapsed business has half of the cash available to pay the £8.3m it owes to creditors.
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Alliance Investments unveils £28m Clapham resi plans
Manchester-based Alliance Investments, the sales arm of Property Alliance Group, has unveiled plans for its debut into the London property market with a scheme in Clapham.
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LFB launches investigation into cause of Shepherd’s Bush flat fire
The London Fire Brigade (LFB) is investigating the cause of a fire in a residential tower block in Shepherd’s Bush this morning.
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The Harvey Centre hits market for £24.5m
Addington Capital is looking to offload an Essex Shopping Centre at a guide price of £24.5m.
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Homes England appoints Eddisons to property services framework
Homes England has appointed property consultant Eddisons to its Property and Financial Professional Services Framework under Lot 1: Property Professional Services.
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KLM Real Estate promotes Jamson to partner
KLM Real Estate has boosted its retail advisory team with the promotion of Tom Jamson to partner.
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Notting Hill Genesis boss Davies to step down after 18 years
Notting Hill Genesis chief executive Kate Davies has announced that she is stepping down after 18 years at the housing association, sparking the search for a new leader.
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CBRE poaches rates expert Boateng from Montagu Evans
CBRE has appointed business rates expert Victoria Boateng as a senior director in its specialist rating investor team.
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CBRE IM lets Farringdon office refurb to tech firm
CBRE Investment Management has let 17,000 sq ft at The Buckley Building in Farringdon, east London to global HR technology firm HiBob, on a six-year lease.
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Network Space gets green light for Barnsley industrial scheme
Network Space Developments has been granted detailed planning permission for a 94,500 sq ft warehouse and office building at Ashroyd Business Park in Barnsley, South Yorkshire.
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Gravity reveals £10m new leisure concept at Westfield Stratford
Gravity Active Entertainment has announced a £10m investment into a new leisure experience at Westfield Stratford City, converting a 60,000 sq ft venue into a new go-karting concept.