All Property Week articles in 19 March 2021 – Page 5
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Addington Capital lets three offices to DWP for job centres across the UK
Property investor and asset manager Addington Capital has let more than 26,100 sq ft of office space to the Department for Work and Pension (DWP) in three of Addington’s properties, two of which are in shopping centres.
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Local food operator announced for new gastro destination in Sheffield city centre
Milestone Group has been chosen to run Cambridge Street Collective, a food destination that forms part of the Heart of the City development programme in Sheffield, South Yorkshire.
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Senturion Key signs 10-year lease at Berkeley Square
Senturion Key, a creator of custom-made supercar key wristwear, is set to open its first London showroom at 8 Berkeley Square in Mayfair.
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Virgin Active braces for rent row with landlords
Virgin Active is reportedly trying to force though rent cuts and wipe out its unpaid rent bill.
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Café de Paris to reopen after being bought out
One of London’s oldest nightclubs, Café de Paris, has been acquired by nightclub operator Pacha Group.
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Decathlon signs for 35,000 sq ft Trinity Leeds store
Landsec has signed sports and lifestyle giant Decathlon UK for a 35,000 sq ft store at Trinity Leeds.
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Online sale tax decision pushed back
Chancellor Rishi Sunak is planning to delay any final decision on a UK online sales tax until the autumn.
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PGIM Real Estate enters JV with Elevation
PGIM Real Estate has entered a joint venture with specialist healthcare investment management firm Elevation, Property Week can reveal.
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OnTheMarket takes full ownership of proptech group Glanty
Property website OnTheMarket has exercised its call option to acquire the 80% of proptech group Glanty that it does not already own.
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Co-op to double franchise outlets
The Co-op has set out plans to double its franchise estate to 30 stores by the end of this year.
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Propertyshe Perspectives: Missing MIPIM this week, WeWork the film, the 15 minute city comes to Ipswich, IKEA assembles a city, World Happiness Report rankings 2021
As we inch towards our release from lockdown, it seems that our beleaguered hospitality sector is going to benefit from the huge pent up demand, with hotels and restaurants reporting that they have been inundated with bookings.
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West End businesses back £40m investment in the district
New West End Company has had its mandate renewed for another five years with more than 600 businesses from the London district committing to £40m of investment for the area in that time.
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L&G Affordable Homes pipeline nears £1bn mark
Legal General Affordable Homes has increased its development pipeline to 5,500 homes across the UK, hitting a gross asset value of almost £1bn.
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Bradda Capital seals £30m of deals for funds
Investment adviser Bradda Capital has completed £30m of deals for its two real estate funds.
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Davies Harrison instructed to sell Trafford Park shed
Pin Properties has mandated Davies Harrison as the sole agency to market two refurbished warehouses totalling 189,296 sq ft of in the heart of Trafford Park.
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Reach cuts office space as it moves to permanent WFH policy
Newspaper publisher Reach is planning to close its offices and make most of its employees work from home permanently.
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Luxury retailer Ralph & Russo falls into administration
British luxury fashion brand Ralph Russo has collapsed into administration.
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Cadogan prepares for store reopenings
Cadogan Estates has unveiled a series of initiatives as it prepares to reopen its south-west London neighbourhood post-lockdown.
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CMA demands housebuilders remove unfair ground rent terms
The competition watchdog is demanding that Countryside and Taylor Wimpey remove certain contract terms that mean leaseholders have to pay ground rents that double every 10 or 15 years.
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Lots with redevelopment potential feature in Bond Wolfe March sale
West Midlands-based auction house Bond Wolfe has unveiled a 226-lot catalogue for its March sale.