All Property Week articles in 20 January 2023 – Page 3
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OnlineDowning Living secures £227m loan for Manchester scheme
Real estate lending platform Precede Capital Partners and global financial services group Nomura have provided a £227m development loan to Downing Living.
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OnlineAvant Homes set to develop £60m Derbyshire scheme
Avant Homes has acquired a 28-acre site in Holmewood, Derbyshire, to deliver 247 new-build homes with a gross development value (GDV) of around £60m.
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OnlineBirmingham’s Mailbox slumps in value
Mailbox REIT has revealed a sharp fall in the valuation of its Birmingham office-led asset.
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OnlineUrban Logistics spends £48m on five last mile assets
Urban Logistics REIT paid out £48m on five acquisitions that include four assets in the Columbia Threadneedle Street Portfolio.
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OnlinePHP buys Irish healthcare property group
Primary Health Properties (PHP) has acquired Irish property management business Axis Technical Services for an undisclosed sum.
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NewsGovernment hands out £2bn in levelling up funds amid claims of unfairness
The government has released more than £2bn in long-awaited levelling up funding to over 100 projects across the UK.
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NewsJewish Care campus plan receives funding from Lord Sugar and Ronson families
Lord Alan Sugar’s family, alongside Dame Gail Ronson and family, have made “game changing” pledges to the Jewish Care organisation to help fund its new Essex campus development.
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NewsAgents launch £750m+ development opportunity in Kensington
Heythrop College, a 2.7-acre site in Kensington, has been put up for sale as a £750m-plus GDV development opportunity by Knight Frank and Savills.
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OnlineChorley super prison decision delayed three months
A decision by levelling-up secretary Michael Gove on whether to build a super prison at Chorley, Lancashire, has been delayed three months.
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NewsHousing market continues to weaken says RICS
Falling house prices and buyer demand continue to drive down the number of home sales being agreed, according to the latest RICS residential market survey.
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OnlineGAIL’s opens Manchester site in northern expansion
Artisan bakery GAIL’s has signed a 10-year lease with DTZ Investors to open its first Manchester outlet, taking 3,847 sq ft at 16-18 King Street, following the launch of its first northern England site in Wilmslow.
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OnlineSantander UK takes space at Barings RE’s Manchester Landmark
Real estate investment manager Barings Real Estate has secured Santander UK, a subsidiary of Spanish bank Banco Santander, as tenant for 14,012 sq ft across the eighth floor of its Landmark office development in Manchester city centre.
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OnlineBravissimo hires Four & Co to advise on property deals
Lingerie group Bravissimo has appointed adviser Four & Co to work on property deals as it looks to grow across the country.
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OnlineCircle to return capital to investors
Circle Property, the office investment and redevelopment specialist, has launched a capital reduction programme with a first return of capital to shareholders to take place in March.
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NewsHUB promotes Manston to development director
Residential developer HUB has promoted Victoria Manston to development director, overseeing the full development process across the firm’s projects.
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InsightWhat lies ahead for housing?
This week has served up plenty of food for thought on housebuilding, and a dog’s breakfast of industry reactions that run from bleak pessimism to blithe optimism.
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OnlineProperty Week Digital Edition - 20 January 2023
Lendlease submits £3.5bn vision for London’s Silvertown; Demand in less affluent areas found to be driving growth in rental market; BPF chief executive Melanie Leech on how the organisation aims to aid the industry by strengthening key relationships with the public sector and government
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InsightDundee council's leader on Scotland’s one-stop shop for inward investment
Given the political uncertainty and rising costs, there is a concern that the UK is becoming less attractive to foreign investors. However, Scotland is leading the rebound in inward investment activity.
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ProfessionalIs it time to serve notice on the Landlord and Tenant Act?
PLA calls on its 1,500 members to review whether new commercial legislation is needed.
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MarketsA northern retail powerhouse
Fenwick’s £40m refurb is just one of several Tyne & Wear retail revivals.
