All Property Week articles in 19 February 2016 – Page 6
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News
Thames Gateway development to grow
Standard Life Investments will invest a further £18m in its Thames Gateway Park scheme in Dagenham, to fund three new speculative industrial units.
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MarketsRoyal Sands hotel nears start date
Construction of Royal Sands (pictured), a hotel and apartments scheme at the foot of Ramsgate cliffs, is a lick of paint away from starting.
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Markets
Harbert and Liberty clinch first lettings deal for Kings Hill office
It has been a few months since Harbert Management Corporation bought an 80% share in Kings Hill, West Malling.
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InsightThe high-end new-build market is experiencing some lows. Time to mention the ‘C’ word?
Crash. It’s an emotive word. And one that’s guaranteed to push you off a few Christmas card lists.
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NewsMiddle Eastern buyer nets Kinnaird House
A private Middle Eastern investor is under offer to buy Kinnaird House, just off London’s Pall Mall, for around £85m, bucking the trend of falling demand for UK real estate from the region.
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InsightNew mayor must show London is open for business
Whatever the colour of the rosette, the challenges the next mayor of London will face are as diverse and complex as the city itself.
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Insight
Build-to-rent can be a national hit this year
Many are hailing 2016 as the year of build-to-rent. We’ve seen major announcements from L G, M G and Grainger (05.02.16).
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NewsGeorge Capital heads to Cardiff as momentum builds
George Capital has completed the acquisition of Windsor Court in Cardiff for £12.72m as it looks to double the size of its portfolio to £50m this year.
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News
Hammerson boss votes yes to staying in EU
Hammerson’s chief executive David Atkins has said that he is in favour of the UK remaining in the EU - but that Brexit is unlikely to be as damaging for Hammerson as it could be for some other property companies.
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NewsSilver lining in financial market turbulence for property borrowers
Swap rates in the UK have plummeted, giving real estate borrowers the chance to hedge against an interest rate hike at minimal cost.
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NewsBumper payday for big propco bosses
The average pay of chief executives at the UK’s eight biggest listed property companies has almost doubled in five years, and the gap between the best- and worst-paid bosses has ballooned, new research reveals.
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NewsCity building a bellwether for property price increases
In a vivid illustration of how steeply property values have risen in the City of London, Palmhurst Group has paid £8.45m for a building it bought 20 years ago for £720,000.
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MarketsQuinn on course to build homes and sports hub in Herne Bay
Mark Quinn drives his Range Rover over the verdant grass punctuated with clusters of mature trees on the outskirts of Herne Bay.
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MarketsTaylor Wimpey marches on with Folkestone barracks resi project
Shortly after Christmas, Taylor Wimpey began work on the first of eight separate residential sites within Folkestone’s Shorncliffe Garrison - a barracks since the Napoleonic wars - with an archaeological dig.
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InsightTechnology is key to attracting new breed of occupiers
Economic and political impacts remain somewhat uncertain - the economies of Portugal, Ireland and Spain are on the up, while BRICS nations are stalling.
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ProfessionalC&W recruits Ian Thompson as PSAT associate director
Ian Thompson, a chartered surveyor and former director of the South West Regional Development Agency, has been appointed as an associate director in Cushman Wakefield’s (C W’s) UK public sector advisory team (PSAT).
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MarketsAshford council looks to kick-start development
No one can recall when the last speculative office was built in Ashford.
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ProfessionalLandmark Investments Group appoints non-exec chairman
Landmark Investments Group has appointed David Lathwood as non-executive chairman. He will provide strategic advice as the company expands its activity, particularly looking at opportunities in the residential and commercial sectors.
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NewsStudent housing float on AIM is delayed
The flotation of a new student housing company on the AIM stock exchange has been delayed after a turbulent spell in global equity markets.
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NewsAdelie gets go-ahead for resi scheme
Adelie Estates will develop a new residential scheme at 13-14 Buckingham Gate in Westminster, after acquiring the site from Banda Property for around £17m.
