All Property Week articles in 19 August 2022
View all stories from this issue.
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NewsSavills IM buys Pitmore for BTR roll-out
Real estate investor Savills Investment Management (Savills IM) has acquired build-to-rent (BTR) specialist Pitmore for an undisclosed amount alongside the launch of its UK residential and BTR offer.
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NewsUrban Logistics REIT splashes £90m on five warehouses
Last mile logistics-focused REIT Urban Logistics has acquired five warehouses across the UK for £90m at a blended net initial yield of 4.5%.
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NewsHeatwave and rail strikes hit London office occupancy, says essensys
Office occupancy in the capital fell by around a third during the Summer’s heatwave and rail strikes, according to research by commercial real estate-focused technology firm essensys.
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NewsWest End retail figures lobby PM candidates for lower business rates
Representatives of London’s West End retail hub have sent a letter to Rishi Sunak and Liz Truss, who are vying to be the UK’s next prime minister, asking them to help struggling businesses by lowering business rates.
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NewsMace to lead Moorgate Crossrail over-station development
Aviva Investors and Allianz Real Estate have appointed construction and consultancy company Mace as principal contractor at the partnership’s 101 Moorgate project in the City of London.
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OnlineInvestec lends Meadow Partners £11.2m for King’s Cross mixed-use acquisition
Investec Real Estate has provided Meadow Partners with a 36-month, £11.2m loan, to support its acquisition of a prime mixed-use building in King’s Cross in London.
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OnlineAviva Investors puts £72.5m into social housing with Peaks & Plains Housing Trust
Aviva Investors has completed a deal to provide £72.5m in funding to Peaks & Plains Housing Trust, a social landlord based in Macclesfield, Cheshire.
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OnlineFitch affirms Triple Point’s investment grade rating as portfolio aims for £1bn by 2025
Triple Point Social Housing REIT has been given a boost by ratings agency Fitch, which has affirmed the group’s investment grade status.
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OnlineWarehouse REIT sees ‘strong’ outlook for logistics despite headwinds
Urban and last-mile logistics specialist Warehouse REIT has told investors that the group’s confidence “remains strong” despite the “challenging macroeconomic backdrop”.
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NewsHargreaves Group signs two new tenants to its South East portfolio
Hargreaves Group has added two new tenants to its portfolio after a 50,000 sq ft letting double in the South East, Property Week can reveal.
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NewsWhitbread takes prime site on London’s Strand for £200m hub by Premier Inn hotel
Whitbread has acquired 5 Strand, a prime freehold property on the Strand in central London near Trafalgar Square.
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NewsOxitec announces Milton Park HQ expansion
Biotech company Oxitec has announced that it is expanding its HQ at Milton Park in Oxfordshire, doubling its size at the science park.
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NewsDanehurst sells 166-bed Surrey PBSA scheme
Danehurst Developments has sold its 166-bed, purpose-built student accommodation (PBSA) development in Egham, Surrey, for more than £34m.
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NewsCapricorn Financial Consultancy appoints new CCO
Jeremy Law has been appointed chief commercial officer (CCO) at Capricorn Financial Consultancy, where he will lead a team of 70 advisers across the UK, Hong Kong, Singapore and Dubai.
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NewsFiera Real Estate and Wrenbridge acquire Hemel Hempstead site
Fiera Real Estate and Wrenbridge have announced the acquisition of a 2.3-acre site in Hemel Hempstead, with a plan to develop a new 52,000 sq ft grade-A industrial warehouse unit.
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OnlineKosy Living expand with new senior appointments
Kosy Living has appointed two new senior staff members following a recent recruitment drive. Eve Thomson has joined the team as Head of Marketing and Adam Wilkinson as Head of Planning.
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NewsDublin logistics park goes on sale for €34m
Dublin Central Logistics Park has been put up for sale with a guide price of €34m (£28.64m).
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OnlineIWG appoints new finance chief
Flexible workspace giant IWG has appointed Charlie Steel as its new chief financial officer (CFO), following the resignation of Glyn Hughes.
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NewsLife Science REIT draws down £37m to develop Cambridge and London assets
Life Science REIT has drawn down £37.2m from its £150m debt facility with HSBC to fund the development of sites in Cambridge and London.
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NewsMetroCentre buys Gateshead former brewery for leisure development
The owner of the UK’s biggest shopping centre has acquired 13 acres of neighbouring land in Gateshead once used by a brewery to produce Newcastle Brown Ale, to develop leisure activities.
