All Property Week articles in 2 June 2017 – Page 6
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Professional
New brownfield sites policy ignores real reasons behind low build rates
This month the government announced its latest measures to tackle the UK’s housing crisis. To unlock unavailable brownfield land, the new legislation will make brownfield registers and permission in principle obligatory for local planning authorities.
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News
Lots with trusted tenants prove popular at Allsop sale
Allsop raised £94.6m at its May commercial auction, with lots let to established tenants commanding the highest prices.
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News
John Lewis puts £31m Brighton site on block
John Lewis has put a Brighton property up for sale for 55% more than it bought it for two years ago after abandoning plans to develop a department store on the site.
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Online
Property Week launches Agency 2017
Property Week has launched its annual survey of property advisors for 2017.
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News
Wilko moves into former BHS retail unit in Swindon
UK Commercial Property Trust (UKCPT) has secured a letting for the majority of a former BHS retail unit in Swindon, Wiltshire.
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Information
Student accommodation rents continue to climb
Purpose-built student accommodation (PBSA) rents are up by 2.55% for the upcoming academic year, with the strongest growth coming at the more affordable end of the market, according to Knight Frank’s Student Property Index.
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Insight
A new Stanhope: David Camp interview
Few developers make their name with a single project. But that is exactly what Stanhope did when in 1986 it embarked on the development of 4m sq ft of commercial property on 29 acres of land at Broadgate, just north of Liverpool Street station in the City of London.
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Insight
Housing associations up the ante on back of M&A activity
Last week’s merger between AmicusHorizon and Viridian to form a new organisation called Optivo is just the latest in a long line of deals that show how ambitious housing associations are becoming.
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Online
Two founding directors leave Essential Living as M3 restructures developer
Two of Essential Living’s founding directors, have left the firm as part of a restructure by M3 Capital Partners, the build-to-rent developer’s main shareholder.
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Online
Warwick puts Castle House in Leeds up for sale
Warwick Capital Partners has brought Castle House in Leeds to the market with a quoting price in excess of £16.4m, reflecting a net initial yield of 8.25%.
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News
Sananes’ sporting legacy provides a Boost to charity
Metropolis is delighted to back Boost Charitable Trust’s launch of a sporting memorial fund for former UBS-CLOVA portfolio manager and 2012 PW Young Property Personality of the Year Sam Sananes, who sadly passed away earlier this year aged 39.
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Online
R55 Group given green light for 251-home redevelopment of Brent industrial unit
Developers R55 Group has been given the green light for the redevelopment of Minavil House, which will become the tallest building in Brent, north-west London.
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News
Acuitus sells prime lots in May
Acuitus’s latest auction raised £37.1m as investors’ interest was piqued by several high-value lots.
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Online
Cheffins secures record lettings at Quayside in Cambridge
Cheffins has let 13,000 sq ft to three tenants at the iconic Quayside office building in Cambridge.
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Insight
Schools shouldn’t be squeezed in
The government has made a commitment for 600+ free schools in the coming decade and developers are being encouraged to come up with innovative ways of squeezing these schools onto urban sites .
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Online
Unlocking the care crisis starts with the keys to retirement living schemes
It’s a common scenario up and down the UK: The family have fled the nest, perhaps even the grandchildren too,and a debate over what to do with the family home is now on the table. Wanting to downsize, they cannot find anywhere suitable that will cater for their aspirations ...
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Online
Telford Homes sees revenues rise in annual results
Telford Homes has reported a record revenue, up 19%from £245.6m in 2016 to a £291.9m in the year ending 31 March 2017.
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Online
Wirefox buys Glasgow multi-let office portfolio for £35m
Northern Irish investment firm Wirefox has bought a portfolio of nine out-of-town offices around Glasgow for £35m.
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Online
£50m residential scheme in Chilwell gets green light
A new £50m residential scheme in Chilwell, Nottingham, has just received planning permission from Broxtowe Borough Council.
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Online
CBRE appoints new head of industrial & logistics in Italy
CBRE has appointed Roberto Piterà as head of industrial logistics in italy, covering both advisory transaction services and capital markets.