All Property Week articles in 20 January 2023
View all stories from this issue.
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VideosProperty Week in conversation with Benjamin Davis, CEO of Octopus Real Estate
Institutional investors increasingly want to know what their investments are achieving; the ability to do the right thing resonates.
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NewsHistoric England backs PJ Livesey’s York hospital development plan
Developer PJ Livesey Group’s submitted proposal to transform York’s former asylum, The Retreat, into apartments, has gained support from Historic England, the public body tasked with protecting England’s historic environment.
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NewsFive of 10 regional cities saw office rental growth in 2022
In 2022, five of 10 regional cities – Bristol, Leeds, Manchester, Newcastle and Sheffield – recorded rental growth for offices, according to Knight Frank’s report UK Cities – Looking Back Moving Forward 2023.
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NewsUK’s ‘first hybrid commercial estate agency’ launched
Former commercial property agency City & Counties Commercial has relaunched as Whozoo, to offer a platform connecting partner agents with clients buying, selling or developing commercial property in the UK.
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NewsMaersk takes 41,500 sq ft at Network Space’s Altrincham site
Developer, investor and manager Network Space has agreed a pre-let deal for logistics firm Maersk to take 41,500 sq ft of space at its Greater Manchester scheme.
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NewsPDSE buys east London mixed-use scheme for £12m
Asset manager and investor Addington Capital has sold a mixed-use scheme in east London to developer Property Development Solutions Europe (PDSE) for £12m.
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NewsAEW secures €375m to snap up repriced assets
Global real estate investment manager AEW has secured a new €375m (£330m) separate account investment mandate from Samsung SRA Asset Management to take advantage of repriced European assets.
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NewsSavills and Colliers named agents for Fawley Waterside
Developer and asset manager Long Harbour and Fawley Waterside, the firm behind the £2.3bn Solent-based town of the same name, have appointed Savills and Colliers as agents for a 1.5 m sq ft life science and tech-focused campus.
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NewsMorgan Capital gains Hanover Square renovation approval
Developer and asset manager Morgan Capital has gained planning approval to renovate the 25 Hanover Square office building in London’s West End.
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NewsJaynic gains consent for Bury St Edmunds sheds
West Suffolk Council has granted developer Jaynic Property Group consent to build two warehouses totalling 205,000 sq ft at Suffolk Park in Bury St Edmunds.
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NewsBLME pays £40.6m for National Crime Agency HQ in Warrington
Bank of London and The Middle East (BLME), a wholesale Sharia’a-compliant bank based in London, has acquired the National Crime Agency’s 136,444 sq ft headquarters building in Warrington, Cheshire, for £40.6 m.
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NewsArrow-Cerberus sells Corby warehouse for £30m
Leftfield Advisors has purchased a 248,000 sq ft logistics warehouse in Corby from Arrow Capital Partners for around £30m.
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OnlineFoxtons expected to reveal strong 2022 figures, but cautious on current year
Foxtons, the London estate agency firm, has told investors that it expects 2022 revenue and profit to be ahead of expectations.
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OnlineDexters pays £29m for Marsh & Parsons
London estate agent group Dexters has agreed a £29m deal to buy Marsh & Parsons from LSL Property Services.
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OnlineEquities analyst Alastair Stewart on the adage of buying on the rumour, selling on the good
There’s an old stock market adage, dating to less assiduously policed times: buy on the rumour, sell on the news. At least when it comes to good rumours.
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NewsLandsec reports cities could become unliveable in 10 years without planning reform
UK Urban spaces are at risk of becoming unliveable within 10 years unless “meaningful policy reforms are taken”, according to a report from property giant Landsec.
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NewsIndustry reacts to RICS survey housing market projections
The housing sector has given an update to projections for the market in 2023, following the recent RICS residential survey, which showed further declines in demand from both housebuyers and renters.
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NewsJLL’s head of proptech in APAC on why brokers will always survive disruption
The head of proptech for JLL in the Asia-Pacific region, Jordan Kostelac, speaks to Andrew Teacher about the area’s unique lessons for real estate and why we’re aiming at the wrong targets when it comes to moderninising the sector.
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NewsClimbing experience signed for Landsec and Invesco’s Wandsworth shopping centre
Indoor climbing concept Parthian Climbing is to open a 25,000 sq ft operation at Landsec and Invesco’s Southside Shopping Centre in Wandsworth.
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NewsInland Homes looks to dispose of ‘strategic land’ following ‘disappointing’ year
Housebuilder and land trader Inland Homes has sold its greenfield strategic land option portfolio after revising pre-tax loss expectations for last year from £37m to more than £90m.
