All Property Week articles in 18 December 2020 – Page 4
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BMO appoints former CapReg boss to board
The former boss of Capital Regional has joined the board of BMO Commercial Property Trust as an independent non-executive director.
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Shoe chain descendant criticises Clarks’ strategy
Struggling shoe chain Clarks failed to “move fast enough into the 21st century” and the family owners are “ultimately to blame” for the lack of investment in the firm’s future, a descendant of the family has said.
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Sirius completes £23.3m of German business park deals
Sirius Real Estate, the German business park group, has completed three deals worth €26m (£23.3m) for assets across three cities.
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BrewDog offers up closed bars for vaccination rollout
Craft beer giant BrewDog has offered up its closed venues to help with the rollout of Covid-19 vaccinations.
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Chris Grigg awarded CBE in New Year Honours
Former British Land chief executive Chris Grigg and has been awarded a CBE in the 2021 New Year Honours list.
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Blackstone completes £335m EPIC UK portfolio buy
Blackstone has snapped up EPIC UK’s portfolio of eight industrial assets for around £335m.
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Gleeson secures planning for 127 homes near Worksop
Gleeson Homes has secured planning permission for 127 homes near Worksop on a 10.5-acre site in Rhodesia.
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House prices reach six-year high
House prices in the UK reached a six-year high in 2020, data from Nationwide has revealed.
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Up to £830m to be invested in towns from the Future High Streets Fund
The government has allocated £255m from the £830m Future High Streets Fund to 15 areas in England.
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The Hut Group acquires £259m US skincare brand
The Hut Group (THG) has acquired American online skincare retailer Dermstore.com for $350m (£259m).
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London Square launches affordable arm
Residential developer London Square has launched a new affordable development division called Square Roots.
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Vector Capital debuts on AIM
Commercial lending group Vector Capital has launched on the Alternative Investment Market (AIM) of the London Stock Exchange issuing ordinary shares at 0.5p each.
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Supermarket Income REIT acquires Leicestershire Waitrose
Supermarket Income REIT has bought a Waitrose supermarket in Market Harborough, Leicestershire from Alpha Real Estate for £9.1m.
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Sadiq Khan proposes levy on developers
The Mayor of London has proposed introducing a levy on developers to raise funds to address building safety issues.
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Strongest Q4 in over a decade for Edinburgh housing market
Property values in Edinburgh climbed by 1.7% in the three months to December, marking the city’s strongest fourth-quarter performance in over a decade.
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Boxing Day blow for retailers
The annual Boxing Day sales bonanza fell flat this year, dealing retailers another blow as much of the UK high street remained closed in the wake of Covid-19 restrictions.
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Brexit deal prompts ‘relief’ in property market
A post-Brexit deal has been agreed between the UK and the EU in an 11 th -hour settlement covering £660bn of trade.
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Londoner exodus at its highest level in four years
The outmigration of Londoners purchasing homes outside of the capital has hit the highest level in four years, according to research by Hamptons.
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Avant Homes submits plans for Waverley scheme
Avant Homes has submitted a planning application to Rotherham Metropolitan Borough Council to build 144 homes in Waverley.
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HIG Capital snaps up Bloomsbury asset
Private equity firm HIG Capital has purchased Tavis House in Bloomsbury, home to charity Age UK, on behalf of one of its affiliates.