All Property Week articles in 17 September 2021
View all stories from this issue.
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News
Legal & General buys Kent site for modular scheme
Legal & General Modular Homes has acquired a site in Littlestone, Kent that has outline planning permission for the development of 80 homes.
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Civitas says short seller ShadowFall’s letter based on incorrect information
Civitas Social Housing said a recent letter published by short seller ShadowFall is based on inaccurate information.
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Supermarket Income REIT posts annual earnings growth
Supermarket Income REIT posted a rise in its earnings for financial 2021 as it expressed confidence in its performance post-pandemic.
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Home REIT raises £350m to fund further investment
Home REIT has raised £350m through the issue of 321.1 million shares at 109p each.
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StoreAway sets sights on expansion
Self-storage operator StoreAway has appointed GCW to help expand its UK portfolio, Property Week can reveal.
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ING Ventures invests in rent roll proptech specialist PRODA
Proptech firm PRODA has recruited a slew of investors in its latest funding round for its rent roll data processing software, Property Week can reveal.
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OakNorth Bank loans £10.6m to Hampshire housing developer
OakNorth Bank has provided a £10.6m loan to developer Nine Points Property to support its buy-and-build strategy, Property Week can reveal.
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Slough Borough Council mulls £200m real estate sale
Slough Borough Council has been advised to sell £600m worth of assets – up to £200m of which in land and property – to manage its balance sheet.
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PSBA and mansions top Savills October catalogue
Student housing and large mansions are set to be the star lots of Savills 5 October sale.
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Online
New non-exec director joins Tritax Big Box REIT
The board of Tritax Big Box REIT has appointed Wu Gang as a non-executive director of the company with effect from 1 October 2021.
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PGIM purchases Manchester Life BTR phase
PGIM Real Estate has purchased a 213-apartment rental development at Manchester City Council’s new neighbourhood Manchester Life.
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Legal & General appoints SME investment director
Legal & General Capital (LGC) has appointed Tanu Chita as investment director within its SME finance arm.
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AECOM moves to HFD’s 177 Bothwell Street
Global infrastructure consulting firm AECOM has taken 20,000 sq ft at HFD Group’s flagship 177 Bothwell Street in Glasgow, Scotland.
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Online
Network Space sets out plans for redevelopment of former Cartwright HQ
Network Space has revealed plans for the redevelopment of the former Cartwright headquarters on Atlantic Street in Altrincham, Greater Manchester.
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Online
Bartle resi site hits the market
A large-scale residential development with outline planning consent for up to 1,100 new homes in Lancashire has hit the market.
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Online
Swan Housing to appoint Pat Billingham as chair
Swan Housing Association has appointed Pat Billingham to take up the post of chair of the board with effect from 1 October 2021, when Swan’s existing chair Valerie Owen concludes her term of office.
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Online
Sacred Gin signs for Shoreditch shop
Boutique gin brand Sacred Gin has signed for a 1,000 sq ft retail unit at 149 Commercial Street in Spitalfields, London.
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Airbnb Europe HQ on sale for £35.7m
Airbnb’s EMEA office headquarters in Dublin, Ireland, is being sold by a fund managed by BNP Paribas Real Estate Investment Managers for €41.5m (£35.7m).
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Marshalsea in Dublin up for £20m price tag
Savills has been instructed to sell Marshalsea, an office property in Dublin, Ireland, with a guide price of €23.5m (£20.2m).
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Farringdon offices hit the market for £9.1m
Knight Frank and CBRE have been appointed by IV Real Estate to sell 14 Clerkenwell Close, a newly refurbished office building in Farringdon, for a guide price of £9.1m, representing a net initial yield of 4.9%.