All Property Week articles in 19 November 2021 – Page 2
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Aviva Investors and Packaged Living to deliver £200m single-family rental platform
Aviva Investors, the global asset management business of Aviva, has partnered with build-to-rent developer Packaged Living to create a single-family rental (SFR) platform of suburban homes across the UK.
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BNP Paribas loans £117.5m to French PBSA firm
French PBSA operator UXCO Group has been loaned €140m (£117.5m) from BNP Paribas to fund its ECLA campus in Paris.
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Metrocentre to install 3,500 rooftop and solar car port panels
Retail and leisure destination Metrocentre will install more than 3,500 rooftop and solar car port panels, to ensure a more sustainable future for the site.
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Savills Birmingham founder Barry Allen retires
Savills has announced that Barry Allen, founder of the company’s Birmingham office and former head of their Birmingham development team, has retired.
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Schroder REIT posts 9% increase in NAV
Schroder Real Estate Investment Trust (SREIT) has announced a 9% increase in NAV to £323.4m in its interim results for the six months to 30 September 2021, compared to £296.8m on 31 March 2021.
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M&S gets green light for Marble Arch revamp
Marks & Spencer has announced that it has received planning permission from Westminster City Council to transform its Marble Arch flagship site.
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Getir takes space at Slough Trading Estate
Grocery delivery firm Getir has signed a five-year lease for a unit at SEGRO’s Slough Trading Estate.
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Landsec close to agreeing £200m deal for Lendlease’s stake in Bluewater
Landsec is in talks to buy Lendlease’s 25% stake in the Bluewater Shopping centre in Kent for a knockdown price of around £200m, Property Week understands.
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Embodied carbon remains the elephant in the room
COP26 laid bare the acknowledgement of a climate emergency, with consequent declarations and legislation asserting political will, albeit not going far enough in some minds.
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Thackeray and Align Partners form £120m hospitality partnership
Thackeray Group and Align Partners have formed a £120m hospitality real estate partnership to undergo a hotel and leisure resort shopping spree.
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4C Hotel Group secures £52m loan for London scheme
4C Hotel Group has secured a £52m investment facility from OakNorth Bank for its latest hotel-led development in London.
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Ridge appoints three new partners to Bristol office
Property and construction consultancy Ridge and Partners has appointed three new partners in its Bristol office.
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Council throws out South Kensington station revamp
The royal borough of Kensington and Chelsea has refused planning permission for Native Land and Transport for London’s (TfL) joint venture to regenerate the area around South Kensington tube station.
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CBRE unveils redeveloped London HQ
CBRE has unveiled its new UK headquarters at Henrietta House in London following an extensive redevelopment programme.
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Auction House London releases December bumper catalogue
Auction House London has released a 176-lot catalogue for its 8 December sale.
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University of Glasgow seeks JV partner for mixed-use quarter
The University of Glasgow is on the hunt to find a strategic commercial partner to form a JV partnership to develop a new mixed-use quarter and innovation zone in Glasgow’s West End.
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Around 50 million sq ft of gigafactories needed by 2040 for EV production
The UK will require 50m sq ft of industrial and warehouse space by 2040 to deliver enough batteries for electric vehicle (EV) production, Savills has reported.
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Retail assets dominate Allsop’s final commercial catalogue of the year
Allsop has released a 161-lot catalogue for its final sale of the year on 8 December comprising 134 retail assets.
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Prime shopping centres marked as most attractive sector for 2022
Prime shopping centres are forecast to become the most attractive asset class due to its yield widening over the past two years, according to new research.
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HMRC to move 9,000 staff into 460,000 sq ft office in Newcastle city centre
HM Revenue and Customs’ (HMRC) are set to move into a 460,000 sq ft regional centre in Pilgrim’s Quarter, a new development in Newcastle City Centre.