All Property Week articles in 19 March 2021
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Aston Martin snaps up land at Silverstone
Aston Martin’s Formula 1 team has bought a parcel of land next to Silverstone Race Circuit to build a new base and factory.
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Acuitus raises £22.2m at March auction
Acuitus raised 22.2m at its second auction of the year this week, selling 30 lots and achieving a success rate of 86%.
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Landlords collect 21% of commercial rent on March quarter day
Property owners collected just 21% of commercial rents due on March quarter day.
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Retail outperforms office sector for first time in almost four years
UK retail property recorded its first positive rolling quarterly return since October 2018 in February – the first month in almost four years retail did not underperform compared to other property sectors, according to Gerald Eve’s latest monthly In Brief report.
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Santander to close over 100 branches and move head office out of London
Santander is planning to close 111 of its branches and move its headquarters to Milton Keynes as part of an overhaul of its UK business.
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Starbucks franchisee 23.5 Degrees opens 80th store
Starbucks’ first UK franchised business partner, 23.5 Degrees, will open its 80 th store tomorrow in King’s Lynn, Norfolk.
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Property Week reveals Industrial & Logistics event agenda
Property Week has revealed the agenda for this year’s Industrial Logistics Conference Showcase.
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Amazon Fresh eyes Islington site for third UK store
Amazon Fresh is poised to move into the grade-II listed The Mall building in Islington, north London.
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London tops ranking of global warehousing costs
Warehouse space in London is the most expensive in the world, according to new research from Savills.
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Network Space acquires Liverpool Sovereign Distillery site
Network Space has acquired the 28-acre Sovereign Distillery site in Huyton, Liverpool for an undisclosed amount.
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Plans filed for £160m office scheme at 7 Millbank
Proposals for a £160m redevelopment of Westminster House at 7 Millbank have been submitted to Westminster City Council.
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Government to rule out swathe of business rate appeals
The government has announced that it will legislate to rule out Covid-19 related material change in circumstances (MCC) business rate appeals, prompting a wave of shock and frustration from business rate experts.
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Blackstone snaps up InfraRed portfolio for £250m
InfraRed has sold a portfolio of last-mile logistics assets in the UK and France to Blackstone for £250m.
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Technologywithin appoints business development director
Technologywithin, a tech provider to the UK flexible workspace and CRE sectors, has hired Edward Crabtree as director of business development.
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Savills to offload trio of shopping centres
Savills has been mandated to sell a trio of shopping centre assets, Property Week can reveal.
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BentallGreenOak logistics fund nets €695m at final closing
BentallGreenOak has announced the final closing of its European Core+ Logistics Fund with €695m (£598m) in commitments from more than 20 global institutional investors.
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London + Regional gets go ahead to redevelop Newham industrial island
London + Regional has received planning permission for the industrial redevelopment of Albert Island in Newham.
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Marandi and Reuben appointed co-chairs of Centrepoint’s growth board
Centrepoint has appointed British entrepreneur and investor Javad Marandi and financier Jamie Reuben as co-chairs of its growth board, Property Week can reveal.
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Armstrong International poaches senior real estate headhunter
Armstrong International has expanded its real estate team, hiring Ben Ingram as an executive director.
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LGBT+ later living scheme to be delivered in Manchester
Specialist care and housing provider Anchor Hanover has been selected by Manchester City Council as development partner to deliver an LGBT+ later living housing scheme in the city, Property Week can reveal.