All Property Week articles in 19 May 2023
View all stories from this issue.
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Insight
Reed Smith’s Katherine Campbell on why something needs to give for high street rates
More than 17,000 shops closed in the UK in 2022 – nearly 50% more than in 2021.
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Insight
Puma’s Eliot Kaye on opportunities for developers in the strong student market
In the not-so-distant past, a mention of student accommodation would bring to mind mouldy rooms, unreliable appliances and – worse – landlords who would take a month to send someone around to fix the boiler.
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News
Trio of deals at Frasers Logistics & Commercial Trust’s Connexion II park
Frasers Logistics & Commercial Trust has agreed a trio of deals totalling nearly 120,000 sq ft at Connexion II, Blythe Valley Park in Solihull.
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Insight
Savills’ Richard Rees on why delivering energy infrastructure is increasingly important
A strong national infrastructure system has many facets, from providing comprehensive education, social care and healthcare to keep people happy and healthy through to delivering roads, water and energy to support the functioning of society and economic growth.
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News
Carmen Ching becomes Salboy Group’s first head of sales
Nationwide property development and funding company Salboy Group has appointed Carmen Ching as its first head of sales, leading the group’s international sales strategy.
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News
Bristol housing supply 17,000 units short of 2040 target, says Gerald Eve
Supply in Bristol’s housing supply could fall 17,300 units short of 2040 targets due to failure to bring land forward, according to Gerald Eve.
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News
Wavensmere Homes strikes deal for Derby development plot
Birmingham-based housebuilder Wavensmere Homes have made a deal with Wilson Bowden Developments for one of the final plots of land within the revitalised Cathedral Quarter in Derby.
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News
Camden Council on the hunt for development partner for £500m scheme
The London Borough of Camden has launched its search for a development partner on a mixed-use scheme with an estimated gross development value (GDV) of £500m.
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News
Vodafone renews lease at global HQ in Paddington
Vodafone has agreed to renew its lease at One Kingdom Street in Paddington, extending its stay at its global HQ for another five years.
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News
Manchester City scores new club shop at Arndale
Manchester City has capped off its Premier League title win by unveiling a new club shop opening inside Manchester Arndale shopping centre.
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News
Conversion of London’s unused office space could create 8,010 new homes
Conversion of unused office space in London’s Central Business District (CBD) could create 8,010 new homes, according to a report by JLL.
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News
Bank ABC targets co-living with Canary Wharf and Croydon deals in the pipeline
Bank ABC has revealed plans to enter the co-living market with two major deals in the pipeline, in the Canary Wharf area and Croydon.
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News
Anna Hwang joins Placefirst as assets and strategy director
Build-to-rent (BTR) developer Placefirst has appointed Anna Hwang as its first assets and strategy director, as part of its growth strategy.
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News
Millennium Group, Allsop and MAPP open Singapore office
Millennium Group has opened a new office in Singapore, with the aim of strengthening its Asia alliance with UK-based firms Allsop and MAPP.
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News
Savills calls for lenders to be ‘bold’ in helping unviable assets towards net zero
Lenders have been urged to take control of commercial assets to aid environmental refurbishments in the secondary markets as prime assets look set to leave them behind
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News
Administrators called in to Canary Wharf’s 5 Churchill Place
A 313,000 sq ft office block in Canary Wharf has crashed into insolvency after the owners called in administrators in further dire news for London offices.
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News
Gove orders probe into ‘industrial-scale corruption’ at Teesside regeneration
Michael Gove has agreed to an independent investigation into the government’s flagship regeneration project in Teesside after claims of “industrial-scale corruption”.
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Online
CapReg shows improvement but footfall remains below pre-Covid levels
Shopping centre group Capital & Regional saw footfall during the four months to the end of April rise 4.8% compared to 2022, but it remains below pre-pandemic levels.
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Online
Workspace produces robust annual figures despite macroeconomic headwinds
Workspace Group has posted a 34% rise in rental income as the SME office space specialist avoided the sharp falls in valuations suffered by other property groups.
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News
Puma partners with Glenmore Group on £25m student accommodation project
Puma Property Finance is providing a development facility for Glenmore’s most recent purpose-built student accommodation (PBSA) project in Dundee.