All Property Week articles in 19 April 2024
View all stories from this issue.
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NewsCanary Wharf Group’s property values fall with offices hit hardest
Canary Wharf Group saw a loss of circa £900m on its office estate.
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NewsWarburtons signs pre-let at Symmetry Park Biggleswade
The bakery brand has agreed a 25-year lease with Tritax Symmetry for 65,847 sq ft.
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NewsPPHE Hotel Group reports 11.9% leap in Q1 revenue spurred by higher demand
The firm’s Q1 trading updated also reported that its £300m development pipeline is nearing completion.
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NewsOver 22,500 London ‘beds-and-sheds’ homes delivered in five years
A total of 29,688 new homes could be delivered across the capital if schemes awaiting planning are approved.
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NewsTide gets nod for 400-home west London PBSA scheme
The tower in Ealing will include communal and commercial spaces with public realm enhancements to the local area.
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NewsKnight Frank reports 25% leap in Golden Triangle life sciences take-up
Around 186,000 sq ft of space in London, Oxford and Cambridge was let in Q1 2024.
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NewsIT and gaming firms take 47,000 sq ft at Native Land’s Arbor Bankside Yards
Sports betting and IT consulting firms will relocate their London headquarters to the development.
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NewsI-RES says outlook is ‘positive’ as strategic review advances
Review by Ireland’s largest landlord seeks ways to unlock value from the porfolio, including increasing revenue from car parking.
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OnlineHome completions at Persimmon fall 10%
Housebuilder posted drop in new home completions during the first three months of it financial year, but reported an improvement in sales rates and “firm pricing”.
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NewsCanary Wharf Group expands debt maturities as it secures £553m from lenders
The financing significantly increases CWG’s debt maturities and will support its drive to add more non-office space to the estate.
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OnlineNewRiver achieves record 98% occupancy during fourth quarter
The group completed 785,100 sq ft of lettings in the year to the end of March at an average 3.6% above estimated rental value.
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OnlineFT columnist Stevenson joins Workspace board
New non-exec director is an investment columnist and founder of news and analysis service ETF Stream.
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OnlineWarehouse REIT adds £1.4m to rent roll in fourth quarter
The company secured 22 deals in it fourth quarter at rents an average 28.6% above previous levels.
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NewsDemand for I&L space ‘holds firm despite tough market conditions’, C&W reports
Increase on Q1 2023 figure and the Q1 long-term average was laregly driven by a recovery in demand for mid-box space.
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NewsLPA urges next London mayor to ease planning constraints
The organisation has said London needs to “jump-start the economy” to assert itself as a world-leading destination for investment.
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NewsMP claims councils lack funding to fight unwanted developments at appeal
Matt Western, MP for Warwick & Leamington, told the House of Commons ”funding cuts” were skewing planning in favour of developers.
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NewsLabour claims delay on no-fault eviction ban “makes mockery” of Conservative promises
Minister said assessment of county court system must be published before ban could be enforced.
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NewsVita secures £90m construction loan to develop Manchester PBSA scheme
The funding, which has been provided by Cain International, will be used to develop more than 570 student beds.
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NewsApex Hotels snaps up 13th-century rural Scottish hotel
The hotel is Apex’s 10th location as the brand diversifies its portfolio with rural sites.
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NewsStoford and ICG get green light for London urban logistics scheme
MLM Crayford will deliver three new buildings ranging from 34,000 sq ft to 170,000 sq ft.
