All Property Week articles in 2 August 2019
View all stories from this issue.
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Insight
Freeths think tank: how proptech can unlock the future
Before the summer break, Property Week assembled a panel of property experts at Freeths’ head office in London to discuss the findings of the third annual Power of Proptech survey.
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Online
RESIcast: Lenders need to understand the operation game
Shifting sands of service-driven property – particularly across residential – have changed the game for real estate lenders. In our property podcast, leading institutions including Barclays, LaSalle and AEGON explain how the financiers are evolving.
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Online
Packaged Living gets green light for £75m Milton Keynes BTR development
Packaged Living, the Palmer Capital-backed build to rent developer has received planning permission for the £75m development of 294 apartments at Avebury Boulevard and South Fifth Street.
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Online
Law firm Kingsley Napley moves to Shoreditch
A seven-storey office building on Bonhill Street in Shoreditch, London, has secured law firm, Kingsley Napley, as its principal tenant.
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Online
Double hire for Arlington
Business space and logistics specialist Arlington has strengthened its team with the appointment of Tim Gardner and George Wilson.
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News
Convene signs lease for 102,000 sq ft of 22 Bishopsgate
New York flexible workspace provider Convene has signed the lease for its first office in Europe at AXA IM’s 22 Bishopsgate, as tipped by Property Week last year.
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Online
M&G Real Estate buys Edinburgh office building
M G Real Estate has bought Edinburgh office building Exchange Plaza for £54m on behalf of an international investor.
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Online
Goldman Sachs buys Croxley Park in £400m deal
Goldman Sachs has bought Croxley Park business park from Columbia Threadneedle for a price believed to be around £400m, Property Week can reveal.
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Online
Are lenders tarring retail assets with the same brush?
If you believe everything you read, the rise of online shopping, an oversupply of retail space, and the demise of a long list of household name brands means the end of physical retail as we know it.
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Online
LondonMetric scoops up publisher John Wiley & Sons warehouse for £18m
LondonMetric has purchased a south coast regional distribution warehouse in Bognor Regis for £17.8m, reflecting a NIY of 9.0%.
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Online
Tritax Big Box reports slower growth
Tritax Big Box has reported a slowdown in NAV and rental growth in half-year results.
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Online
Falling transaction volumes and accounting changes hit Savills profits
Savills has reported a 9% fall in underlying profit before tax caused by the implementation of new accountancy rules and the slowdown in transactional volumes in the UK and a number of overseas markets.
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Online
Assura raises £107m in debt via private placement
Healthcare REIT Assura has raised £107m of debt through the issue of privately placed notes with a weighted average interest rate of 2.3%.
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Online
Derwent sells Buckley Building for £103m as NAV and rents edge up
Derwent London has announced the sale of The Buckley Building for £103m alongside half-year results that show steady growth in NAV and rents.
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Online
RESIcast: Fast-tracking factory-built modular homes
Factory-built homes mimicking the car industry could well be the future, but right now, offsite manufacturing only accounts for a small proportion of housing delivery. Our property podcast asks how we can look to a future of faster delivery where no one mentions the word “prefab”.
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Online
Paul Patenall begins BCO presidency
U+I director Paul Patenall has taken his place as the new president of the British Council for Offices (BCO).
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Online
Glenny boosts residential division with senior hire
Glenny LLP has appointed Michael Donohoe as divisional partner to its residential development team.
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Online
Threat of no-deal Brexit speeds withdrawals from UK property funds
The threat of a no-deal Brexit sped outflows from the UK’s property funds in July during the race to replace former prime minister Theresa May, according to Calastone’s Fund Flow Index.
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Online
Network Space Developments sells Manton Wood site
Network Space Developments has sold a 63-acre industrial development to a major logistics business understood to be DHL.
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Online
Almost half of new central London office space already pre-let
High occupier demand is continuing to put pressure on new central London office space, according to Gerald Eve.