All Property Week articles in 2 December 2022 – Page 4
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VideosPBSA Sector still on upward trajectory
CRM chief executive officer Richard Skeels explains why he believes the purpose built student accommodation sector has a strong future, despite current market challenges and the cost of living crisis.
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NewsHounslow 348-affordable homes development greenlit
Hounslow Council has given the go-ahead to a 348-home development scheme next to Hounslow West Tube station.
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NewsJLP enters BTR market in £500m JV with abrdn
Retail giant John Lewis Partnership (JLP) has entered the Build-to-Rent (BTR) in a £500m joint venture (JV) with insurer abrdn to build 1,000 residential Build-to-Rent (BTR) homes.
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NewsConygar submits plans for 249,000 sq ft Nottingham bioscience facility
The Conygar Investment Company has submitted a detailed planning application for a 249,000 sq ft bioscience facility containing laboratory and office space in Nottingham’s Island Quarter development.
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NewsChina’s Tower Bridge ‘super embassy’ plans thrown out
China’s bid to build Europe’s largest embassy, on the site of the old Royal Mint near Tower Bridge, has been thrown out by Tower Hamlets council.
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NewsOffice sector must change to reach net zero, warns BCO
Businesses will miss net zero targets if they do not fix the carbon footprint of their offices, the British Council for Offices (BCO) has warned.
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NewsGreater building powers for Cornwall in £360m devolution deal
Cornwall Council is set to gain greater control over building policy in a devolution deal announced by the Department for Levelling Up, Housing and Communities (DLUHC).
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NewsIndustrials REIT sees rent growth accelerate for H1
Industrials REIT saw its average passing rent increase by 29% on new lettings and lease renewals in the six months to 30 September 2022, the highest growth rate achieved to date.
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InsightWhy the PBSA sector is still on an upward trajectory
CRM Students chief executive officer Richard Skeels explains why he believes the purpose-built student accommodation sector has a strong future, despite current market challenges and the cost-of-living crisis.
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InsightYou win some, you lose some
This week started with relief that the nation hadn’t gone entirely crazy and voted rogue MP and former health secretary Matt Hancock winner of ITV show I’m a Celebrity… Get Me Out of Here! Instead, Lioness Jill Scott picked up the crown.
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NewsProperty Week Digital Edition – 2 December 2022
Mark Chivers talks to Lem Bingley about the mammoth task – and enormous portfolio – he faces as the government’s chief property officer - Soon to retire Connells chairman Stephen Shipperley reflects on how resi has evolved in his 45-year career - Good news for high street retailers
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NewsSalboy buys Boddington brewery site for £195m mixed-use scheme
Property developer and funder Salboy has acquired the former Boddington brewery site on the northern edge of Manchester city centre for a mixed-use scheme expected to generate £195m GDV, Property Week can reveal.
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NewsAbrdn European Logistics Income’s Q3 portfolio value up year on year
Abrdn European Logistics Income, an investment trust investing in European logistics real estate, has seen the value of its portfolio increase from €504m (£411m) to €807.4m in the 12 months to 30 September.
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NewsGlenbrook’s 500-flat BTR scheme in Leeds greenlighted
Leeds City Council has approved property investor Glenbrook’s plans to develop 500 build-to-rent (BTR) apartments in the city’s centre.
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NewsRussells launches 1.45 million sq ft Manchester industrial park
Developer Russells will start marketing space at 1.45 million sq ft industrial park HPARK in Heywood, near Manchester, in January.
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NewsMartin’s strikes £30m deal with Canada Life
London real estate firm Martin’s Properties has agreed a £26.9m refinancing deal with Canada Life Investments to bolster its strategy of developing and acquiring assets in South East commuter towns.
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NewsL&G and Vivid form joint venture to develop 1,000 modular homes
Legal & General’s modular housing arm is planning a five-year joint venture with affordable homes provider Vivid, initially worth £300m-plus, to deliver at least 1,000 new affordable modular homes across the south of England, Property Week can reveal.
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NewsQuestions over Qatari review of London investment
Qatar won’t sell its prize London real estate “under any circumstances”, market sources have told Property Week, after the Gulf state said this week that it was reviewing current and future investment in the capital.
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NewsKicking off Christmas
The festive season has begun, with a World Cup flavour to events in Surrey.
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NewsHSBC to close quarter of UK branches next year
Global banking giant HSBC will close 114 of its UK branches next year as the number of customers using them has fallen following the Covid-19 pandemic.
