All Property Week articles in 18 March 2022
View all stories from this issue.
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NewsL&O’s City building gains retrofit planning permission
Planning consent has been awarded to retrofit 38 Finsbury Square, a post-modernist building on the City of London’s fringe owned by property firm London & Oriental.
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VideosClimate Crisis Challenge Lunch at MIPIM 2022
As part of the launch of the Climate Crisis Challenge campaign 2022, Property Week hosted a Climate Crisis Challenge lunch at MIPIM 2022. We were joined by some of our campaign partners and a number of contributing guests for an ‘’on the record’’ debate of current climate issues.
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InsightWhat impact will Leasehold Reform Act have?
We anticipate that the Leasehold Reform (Ground Rent) Act 2022 – now law but not yet in force – will be triggered and brought into force within the next six months. Effectively, this abolishes the ability to charge ground rents where developers are selling flats or houses on long leases.
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NewsVinci UK and St Modwen JV’s Nine Elms tower gets greenlight
Planning permission has been granted for a 26-storey residential tower in Nine Elms, south London, planned by VSM, a joint venture between builder VINCI UK Developments and developer St Modwen.
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NewsLuxury second homes marketing platform Pacaso lands in UK
US-based tech-platform Pacaso Global, which specialises in selling luxury second homes, has launched a UK operation.
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InsightRICS guidance on Japanese knotweed is welcome news for surveyors
RICS has just released its long-awaited guidance for surveyors on Japanese knotweed, with the apparent intention to limit the effect it has on the property market.
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InsightRegional hubs show how retail can reinvent itself
We know retail has to mix it up, but it does not have to reinvent the wheel. There are regional cities creating successful retail hubs that we can learn from. In various suburbs, clusters of independent retailers are performing well.
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NewsImmobel Capital hires Monica O’Neill as IR chief
Urban centre-focused investment manager Immobel Capital Partners has appointed industry veteran Monica O’Neill as head of capital and investor relations.
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OnlineCanada Life AM sells assets to cut retail and leisure exposure
Fund manager Canada Life Asset Management has sold three properties in Liverpool, Birmingham and Bury to reduce its exposure to smaller lot sizes in the retail and leisure sectors.
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OnlineHines expands with two appointments
Hines has appointed Leonora Downes to its asset management team and Nick Hopwood to its development team in the UK, as it seeks to grow coverage across the two areas.
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NewsPathways to Property Summer School to return as in-person event
Henley Business School is to host a return of the Pathways to Property initiative’s residential summer school as an in-person event, following virtual events during the pandemic.
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VideosClimate Crisis Challenge 2022 – Interview with UKGBC Chief Executive, Julie Hirigoyen
As part of the Climate Crisis Challenge, we sat down with UKGBC Chief Executive, Julie Hirigoyen to discuss best-in-class climate initiatives, the industry’s journey to net zero and what she’d like to see the sector achieve on climate by COP27. We are delighted to again collaborate with UKGBC on this ...
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NewsM&G Credit Income Investment Trust continues to meet targets with NAV rise in 2021
M&G Credit Income Investment Trust has recorded a slight rise in net asset value (NAV) for the 2021–2022 financial year.
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NewsStarwood European Real Estate hails 2021 ‘resilience’ despite mixed annual results
Starwood European Real Estate Finance (SEREF) has revealed a slight drop in net asset value (NAV) during 2021.
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NewsThe Arc sold for £13m
The Arc office building at the NG2 Business Park in Nottingham has been bought by a private buyer from Schroders SREIT in an off market transaction for £13m.
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NewsTLC takes space at 3 World Trade Center
TLC Marketing has taken space on the 50th floor of 3 World Trade Center in New York City.
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NewsBNP Paribas hires Greg Mansell as head of research
BNP Paribas Real Estate Investment Management UK has hired Greg Mansell to lead the firm’s research team and performance analytics in the UK.
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NewsPATRIZIA launches £75m fundraising for ESG-linked projects
PATRIZIA has gone to market to raise up to £75m from new and existing investors on behalf of its flagship UK Core balanced fund, PATRIZIA Hanover Property Unit Trust.
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OnlineSome £5bn invested into London offices since start of 2022, data shows
A “flurry” of institutional investor activity has seen £5bn of investment turnover in the central London office market since the start of 2022, according to property advisors Knight Frank.
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NewsIndustry gives mixed reaction to Sunak’s Spring Statement
The UK property industry has given a mixed reaction to chancellor Rishi Sunak’s Spring Statement, welcoming the cut to VAT but criticising its lack of announcements on business rates and the ’levelling up’ agenda.
