All Property Week articles in 20 November 2020 – Page 2
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OnlineNewRiver intends to pay dividend next year
NewRiver REIT intends to pay a full year dividend in 2021 after posting half year results slightly ahead of analysts’ expectation.
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OnlineAbercrombie & Fitch to close London flagship store
Abercrombie Fitch will close its flagship store on Savile Row.
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Online100,000 sq ft co-living development announced in Brentford
A 271-apartment development, Vonder Skies in Brentford, has been given the green light
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NewsCheyne provides £84m loan for Paris suburb office space
Alternative asset manager Cheyne Capital Management has provided a around £84m senior loan to finance the refurbishment of a large office building in the outskirts of Paris, France.
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NewsTaylor Wessing sub-lets 14,700 sq ft in London to law firm
Taylor Wessing has agreed to sub-let part of its fifth floor offices at 5 New Street Square, London EC4 to law firm, McGuireWoods London.
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OnlineTreasury confirms local authority “debt-for-yield” loan ban
The Treasury has confirmed that it will ban local authorities from using taxpayer-funded debt to invest in properties purely for yield.
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NewsHyatt affiliate hotel opens in Nine Elms, London
A 203-room Park Hyatt London River Thames hotel is expected to open in 2022.
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NewsPlanning permission granted on £24m Edinburgh mixed-use development
Student accommodation developer Unite Students, partnered with Artisan Real Estate UK, has been granted planning permission for its mixed-use redevelopment in Abbey Lane, Edinburgh.
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NewsFirethorn Trust acquires Cheshire site for £80m shed scheme
Real estate investor and developer Firethorn Trust has purchased a 42.5-acre development site in Ellesmere Port, Cheshire with plans to build an £80m logistics scheme.
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OnlineSunak’s spending review reveals bleak outlook for UK economy
The UK is currently on track to reach the highest levels of borrowing seen in peacetime this year.
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News70% of industry believe tech will become more important for transactions
70% of the property industry expects tech to play a central role in future property transactions, a survey carried out by law firm Clifford Chance and Concrete VC has found.
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NewsOctagon Developments launches midmarket brand
Octagon Developments is launching Chancery, a midmarket brand for accessibly priced housing.
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NewsColliers International hires head of operational capital markets
Colliers International has hired Paddy Allen as a head of operational capital markets and a director in its national capital markets team.
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OnlineSirius Real Estate posts 5% growth in net asset value per share
German business park operator Sirius Real Estate has posted a 5% growth in net asset value per share, to 81.18c (72p), for the six months to 30 September 2020.
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OnlineMixed-use conversion of London department store set for approval
Wandsworth Borough Council is exepcted to approve developer W.RE’s plans to convert one of London’s oldest department stores into a mixed-use scheme.
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NewsCundall appoints former UKGBC net zero lead
Multidisciplinary engineering consultancy Cundall has appointed Richard Twinn to its UK sustainability team.
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NewsCapital raising by listed property companies reaches decade high
In the wake of the pandemic, 18 listed real estate companies raised £3.1bn in additional capital, the highest level since 2009 according to investment back Goodbody.
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NewsPhase two of Fenwick Estate rebuild approved
Lambeth Council has greenlit Home for Lambeth’s application to build 27 new homes at Fenwick Estate.
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NewsHarworth publishes plans for mixed-use scheme at flagship Waverley site
Leading regeneration firm Harworth Group has released its plans for a new mixed-use scheme at its flagship Waverley development in Rotherham, Yorkshire.
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NewsOne London Wall £480m sale completed
Brookfield Properties has completed the sale of One London Wall Place to Middle Eastern investors AGC Equity Partners for £480m, reflecting a 3.8% net initial yield.
