All Property Week articles in 18 December 2020 – Page 3
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OnlineVistry announces two senior promotions
Vistry Group has announced two senior promotions within its finance team.
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NewsTreasury unveils £4.6bn relief package for retail and hospitality
The Treasury has unveiled a £4.6bn relief package for retail and hospitality businesses affected by the third national lockdown.
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OnlineBPF demands CVA overhaul
The British Property Federation (BPF) has demanded urgent government support to halt “the abuse” of the CVA process.
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OnlineBest Western offers hotels to NHS for Covid-19 support
Best Western has offered its hotels to the NHS as Covid-19 hospital admissions continue to rise.
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OnlineHilltop funds Gage’s Taplow development
Hilltop Credit Partners has completed a £15m loan to Gage Properties for the acquisition and development of nine units within the Taplow Riverside development by Berkeley Homes in South Buckinghamshire.
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OnlineNext suffers additional £40m property hit as it forecasts store closures until end of March
High street fashion stalwart Next has increased its property impairment costs to almost £100m, as stores across the UK shut again due to the third national lockdown since the Covid-19 pandemic hit.
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OnlineBerkeley shakes up board with three appointments
Berkeley Group has appointed three new non-executive directors following the retirement of two board members.
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NewsEngland goes into toughest lockdown since March
England will go into the toughest Covid-19 lockdown since March with all non-essential shops and leisure facilities forced to close across the country.
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NewsHines buys Coventry shed in off-market deal
Hines Global Income Trust has bought a 147,000 sq ft warehouse outside of Coventry in an off-market deal.
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NewsCoalfield Regeneration Trust acquires Kellingley Colliery plot for shed scheme
The Coalfield Regeneration Trust (CRT) has bought three acres of land at Kellingley Colliery, Yorkshire from Harworth Group for a multi-let industrial scheme.
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NewsDelancey hires ex-JLL managing director
Delancey has hired ex-JLL managing director Zeynep Fetvaci as head of business development and investor relations.
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NewsPalm Capital appoints agents on 56,000 sq ft of Reading office space
Palm Capital has appointed Knight Frank and Vail Williams to market the remaining 56,000 sq ft of office space at Abbey Gardens in Reading.
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OnlineBond Wolfe Auctions announces new COO
Bond Wolfe Auctions has appointed Sue Randell to chief operating officer.
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NewsPrimary Healthcare Properties majority vote for Nexus takeover
Shareholders at Primary Health Properties (PHP) have voted overwhelmingly to acquire Nexus Holdings, a healthcare investment holdings company owned by PHP chief executive Harry Hyman.
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OnlineMike Ashley’s Frasers Group acquires fashion retailer Psyche
Mike Ashley’s Fraser Group has bought Teesside-based independent designer retailer Psyche for an undisclosed sum, which will secure the future of 58 staff and takeover of its physical and online business.
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NewsTesco and Boots offer to help with Covid-19 vaccine rollout
High street retailers Tesco and Boots have offered to help with the rollout of the two approved Covid-19 vaccines.
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OnlineAgents appointed to sell Green’s flagship Topshop store
Agents have been appointed to oversee the sale of Topshop’s flagship Oxford Street store following the collapse of Sir Philip Green’s retail empire.
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OnlineReSI buys 85 affordable homes in South London
Residential Secure Income (ReSI) has paid £29m for 85 homes that will be delivered as shared ownership.
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OnlineConnells wins battle for Countrywide as £134m takeover bid accepted
Connells has beaten off private equity firm Alchemy Partners to take over troubled estate agent group Countrywide.
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OnlineLord Sugar joins Caffe Nero landlord revolt
Apprentice star Alan Sugar has joined the landlord-led revolt against Caffe Nero’s CVA, according to Sky News.
