All Property Week articles in 19 February 2021 – Page 3
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Sheffield tower set to receive green light for extra floors
Hallam Towers in Sheffield is expected to receive planning permission to add an additional two floors to the 15-storey tower.
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London office leasing market plummets by 56% in 2020
Leasing across the Central London office market was down by 56% (6.5m sq ft) in 2020, compared to 2019.
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Study Inn expands portfolio with £25m Exeter development
Student accommodation developer and operator, Study Inn, is set to open a £25m development in Exeter in September 2021.
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Top Labour MPs accuse government of ‘recycling’ green homes cash for cladding removal
Senior Labour MPs have accused the government of “recycling money” by announcing it would scrap the £2bn green homes grant on the same day it announced a £3.5bn fund for cladding removal.
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C&W expands Leeds office agency team with new hire
Cushman Wakefield has expanded its office agency team with the hire of Sam Jamieson.
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UK residential transactions soar amid stamp duty holiday
The number of UK residential transactions was up 24.1% in January 2021 compared to January 2020, according to new data.
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Alpha Real Capital hires Phil Redding as senior adviser
Alpha Real Capital has hired Phil Redding as a senior adviser.
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Shawbrook Bank provides Ingenious Real Estate Finance credit facility
Ingenious Real Estate Finance has secured a £25m revolving credit facility from Shawbrook Bank to support its development and bridging finance portfolio.
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What can the property sector expect from the spring Budget?
With the country still grappling with Covid-19 and UK borrowing set to reach its highest level since the Second World War, the chancellor is left in the unenviable position of needing to reduce the UK’s significant deficit while supporting UK business.
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Issa brothers looking at Caffe Nero’s debtpile
The billionaire Issa brothers have reportedly approached Caffe Nero’s lenders with a bid to acquire some of the firm’s debt.
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Edmond de Rothschild REIM raises £216m for European fund
Edmond de Rothschild Real Estate Investment Management (REIM) has raised an initial €250m (£216m) for its new European real estate debt fund.
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Halfords CFO joins British Land board
British Land has appointed Halford’s chief financial officer Loraine Woodhouse as a non-executive director.
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Springfield bounces back from first lockdown to deliver strong first half figures
Scottish housebuilder Springfield Properties has posted a 42% rise in pre-tax profit for the six months to 30 November following a rebound in activity after the ending of the first Covid-19 lockdown last June.
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Irish property investment more than halves in 2020
Investment in Irish commercial real estate more than halved in 2020 compared to 2019, data from Savills reveals.
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Government reveals ‘roadmap’ out of lockdown
The government has revealed a “roadmap” out of lockdown which sets out when certain businesses will be allowed to reopen, subject to infection rates continuing to fall and vaccination roll-out continuing as planned.
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Flexible foodhalls can ‘lead’ local economy recovery
Flexible foodhalls are capable of leading high street and local economy recovery post-covid, according to a new report by P-Three.
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Aviva Investors appoints Daniel McHugh as CIO
Aviva Investors has appointed Daniel McHugh as chief investment officer of its £47.3bn real assets business.
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CBRE becomes largest shareholder of US co-working company
CBRE has become the largest shareholder of US co-working company Industrious in a $200m (£142m) deal.
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Jenrick commits to Wolverhampton MHCLG HQ
Housing secretary Robert Jenrick has committed to a second headquarters for the Ministry of Housing, Communities and Local Government (MHCLG) in Wolverhampton.
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Green light for St Francis Group’s 29-acre Birmingham shed scheme
St Francis Group has received planning permission for a 29-acre industrial scheme in Birmingham.