All Property Week articles in 17 September 2021 – Page 2
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Insight
Behaviour change is vital if we are to achieve net zero carbon
Next week, young climate advocates from across the world will take part in the Youth4Climate: Driving Ambition event in Milan, Italy (28-30 September).
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Insight
How will recent retail CVA rulings affect the landlord-tenant relationship?
Like numerous retailers over the last few years, Poundstretcher divided its property estate into three categories, A, B and C, by way of a company voluntary arrangement (CVA) launched in July 2020.
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Online
Urban Logistics completes six off market deals for £88m
Urban Logistics has paid £88m to acquire 771,748 sq ft of units in six off market deals.
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Online
Housing Growth Partnership launches new £300m fund
The Housing Growth Partnership has launched a £300m fund to support SME and regional housebuilders in the UK.
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News
Vistry acquires £215m Devon site for 726-home scheme
FTSE 250 housebuilder Vistry Group has acquired a site to deliver a residential scheme in Wolborough, Devon with a GDV £215m, Property Week can reveal.
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News
BioMed doubles portfolio with 800,000 sq ft of new space
Blackstone portfolio company BioMed Realty has said it plans to deliver approximately 800,000 sq ft of additional “high-quality” purpose-built lab space, following the acquisition of two new sites in Cambridge.
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News
Castleforge acquires Crowne Plaza Hotel in Edinburgh
London-based property firm Castleforge Partners has acquired Edinburgh hotel the Crowne Plaza Royal Terrace for an undisclosed sum.
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News
RPS names Faraz Baber as operational director
RPS, a global professional services firm, has named Faraz Baber as the new operational director for its Midlands and South East planning teams.
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News
M&G secures planning for 820,000 sq ft distribution warehouse
M&G Real Estate has secured planning permission for a three-unit 820,000 sq ft distribution warehouse at the 40-acre Brackmills Industrial Estate in Northampton, which it acquired in 2012.
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Online
Zorin Finance provides resi loan for Birmingham development
Zorin Finance has agreed a £10.5m development loan to help fund a Birmingham residential scheme by West Midlands developer Charles Jordan Homes.
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News
JD Sports to open at Cheltenham’s Regent Arcade
The site, which was formally occupied by the collapsed Topshop brand, is expected to open before Christmas.
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News
Five Guys opens new Basingstoke branch
US burger brand Five Guys is to open a 3,200 sq ft site at Basingstoke’s Festival Place, Property Week can reveal.
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News
SEGRO outlines plans for 1.85 million sq ft food manufacturing campus
SmartParc has chosen SEGRO as its development partner for a 1.85m sq ft “high-tech” food manufacturing and distribution campus planned for a 112-acre site at Spondon in Derby.
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News
Barnard Marcus raises £21.5m at two-day September auction
Barnard Marcus sold around half of the bumper 222-lot catalogue at its two-day sale on 14 and 15 September.
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Online
Workspace Group sells West End building for £92m
Workspace Group has sold 13-17 Fitzroy Street in the Fitzrovia district of London’s West End for £92m.
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Online
Stenprop changes name to Industrials REIT
UK REIT Stenprop, which specialises in ownership and operation of UK multi-let industrial (MLI) property, has changed its name to Industrials REIT.
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Online
Hines sells West End office building
Hines has sold a 20,000 sq ft West End office building to a joint venture between real estate investment manager Heitman and Greycoat.
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Online
REI swings back into half-year profit, but revenue dips
Real Estate Investors (REI), the Birmingham-based REIT, has seen pre-tax profits rise to £9m for the six months ending June 30, reversing a loss of £3.8m a year earlier.
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Online
Investec appoints new Channel Islands chief
Investec has appointed Jane Niles as head of real estate offshore within its corporate and family Office Team in the Channel Islands.
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News
Goya acquires Tottenham site for £90m scheme
Goya Developments has snapped up a four-acre site on Bull Lane in Tottenham for a logistics scheme with a GDV of £90m.