All Property Week articles in 2 October 2020 – Page 2
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92m sq ft warehouse space needed by 2024 to meet demand
The growth of ecommerce could drive demand for 92m sq ft of warehouse space across the UK by 2024, according to analysis from Knight Frank.
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Greene King to close 79 pubs due to curfew
Greene King is closing 79 pubs, around one third permanently, blaming the “tightening of trading restriction for pubs”.
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DeVono Cresa director appointed as SIOR Europe president
The European chapter of the Society of Industrial Office Realtors (SIOR) has appointed Paul Danks as its next president.
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Victor Klein of Lee Baron passes away
Victor Klein, a senior surveyor at Lee Baron, has passed away aged 75.
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31-storey residential development in Liverpool gets green light
Planning permission has been granted for Patagonia Place, a 31-storey residential development at Liverpool Waters.
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September commercial rent collections reach just 50% at seven-day mark
On average 50% of commercial rents in the UK have been collected by landlords since the 29 September rent quarter day, according to updated figures from Re-Leased.
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GLP lets 275,000 sq ft Stoke-On-Trent development to AO Logistics
Logistics investor and developer GLP has let a 275,000 sq ft unit at G-Park Stoke, in Stoke on Trent, to white goods delivery provider AO Logistics.
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Clarks to axe stores as it nears CVA
Clarks is preparing to close dozens of its stores as part of a rescue deal.
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Investcorp sells £53.5m industrial portfolio to Mileway
Investcorp has sold a portfolio of seven core-plus UK industrial assets to Mileway for £53.5m as it mulls switching its focus to core industrial assets in the UK.
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Audley CFO to retire
Luxury retirement living operator Audley Group’s chief financial officer Jon Austen will step down from his role this December.
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Urban&Civic set to resume dividend
Urban Civic is expecting to resume its dividend payout for the full year due to improved performance in the last quarter, according to its trading update.
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Planning greenlight for RPMI Railpen and Wrenbridge Dartford warehouse
RPMI Railpen and Wrenbridge have received planning permission for a 185,000 sq ft warehouse development in Dartford.
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Leeds developer loses £10m of property due to money laundering charge
A Leeds businessman has surrendered almost £10m of property after settling an Unexplained Wealth Order (UWO) from the National Crime Agency (NCA).
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Fiera Real Estate collects 93% of rents for September quarter
Fiera Real Estate (FRE) UK collected 93% of rent in the six days since the September rent quarter day.
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Prologis signs lease with Cygnia Logistics at Northampton logistics park
Prologis UK has signed a 15 year lease with 3PL e-commerce specialist, Cygnia, for a building on Prologis Park Pineham in Northampton.
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Sovereign Centros appoints leasing and asset manager
Sovereign Centros has hired Zayna Over as leasing and asset manager to work across the company’s retail, leisure and development projects.
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Investec backs Fairway Capital’s London resi strategy
Investec Structured Property Finance had agreed a £34.5m loan to Fairway Capital for the acquisition and redevelopment of nine luxury homes in Prime Central London.
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Sirius produces upbeat half-year update
German business park group Sirius Real Estate has told investors it collected 97.2% of rent in the six months to the end of September.
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Assura prepares GP surgeries for combined impact of flu and second wave of Covid-19
Primary care investor Assura has said it is preparing for the “combined challenges of winter flu and Covid-19” in a half-year trading update to investors.
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Industry panel weighs up timing of planning reform
Planning reforms should have been introduced 10 years ago, according to panellists at a Landmark online event today.