All Property Week articles in 19 August 2022 – Page 2
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Knight Frank launches Cheltenham new homes team
Knight Frank has added a Cheltenham new homes team to its residential development offer. The team is led by Sarah McKinnon, supported by Katy Reynolds, who were both previously at Savills.
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Karrev and Kinrise spend £42m on iconic Manchester building
Real estate fund Karrev and workspace provider Kinrise have paid £42m to acquire Sunlight House, a grade II-listed 1930s building in central Manchester, from investment giant abrdn.
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First specialist family rental housing site gets greenlight in Cambridge
Investment manager Apache Capital Partners has gained planning approval to develop in Cambridge what it claims is the UK’s first ever purpose-built, single-family rental housing scheme.
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Mayor of London refuses to call in redevelopment of former ITV studios
The Mayor of London has decided not to call in controversial plans to redevelop ITV’s former South Bank studios at 72 Upper Ground which were halted by Michael Gove earlier this year.
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RE Capital secures approval for 12-storey central London resi tower
Property investor and developer RE Capital has secured planning permission from Camden Council for a 12-storey residential development in the Fitzrovia area of central London.
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The Hook takes space at Seven Dials
Shaftesbury has announced the signing of art retail concept The Hook for its first central London showroom in Seven Dials.
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Longmartin Properties invests £4.5m in office space
Longmartin Properties, a joint venture between Shaftesbury and The Mercers’ Company, has undertaken a £4.5m investment in around 20,000 sq ft of high-spec office space at The Yards, in Covent Garden, across two locations, 14 Upper St Martin’s Lane and 10 Slingsby Place.
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Chinese group set to ‘revitalise’ iconic Daily Express building
Chinese Estates Holdings (CEH) is to spend around £429m to redevelop the former Daily Express building, one of Fleet Street’s most iconic buildings.
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Silbury agrees its largest loan for York resi scheme
Silbury Finance has provided a £73.8m loan to North Star Investment to fund the development of a residential-for-sale scheme in York.
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Europa appoints ESG director
Europa Capital has appointed Chris Miller-Jones to the newly created role of ESG director.
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Impact buys two Kent care homes for £14m
Care home group Impact Healthcare REIT has acquired two care homes in Kent for £14m that will be occupied by new tenant Belmont Healthcare.
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Circle sells £25m of assets
Circle Property has sold assets in Milton Keynes, Birmingham, and Staines for £25.23m.
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IQ Student Accommodation finalises £9.3m acquisition in Glasgow
AEW UK REIT (AEWU) has completed the sale of an office block in Glasgow for £9.3m to IQ Student Accommodation.
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Director of construction services companies banned for 11 years over loan claims
A Rotherham-based director of four companies that provided services to construction projects has been banned from acting for 11 years after overstating turnover to secure Covid-19 financial support.
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H1 demand for central London development sites up 143%, says Savills
Demand for development sites in central London led to a 143% spike in commercial and mixed-use land transactions in the first half of the year compared with the same period in 2021, Savills has said.
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Aitch Group in £100m South East buying spree
Commercial and residential developer Aitch Group is to spend £100m on acquiring property for the student accommodation, build-to-rent (BTR) and retirement living sectors in London and the South East by the end of the year.
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Manhattan Loft Corporation gets £80m refinancing for Stratford resi tower
Real estate investment manager Tristan Capital Partners has completed an £80m refinancing loan to Manhattan Loft Corporation for its development of a 42-storey residential tower in Stratford, east London.
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Moda scheme becomes tallest residential tower in Birmingham
Moda’s new 481-apartment scheme The Mercian has been completed, becoming Birmingham’s tallest residential tower.
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