All Property Week articles in 20 November 2020 – Page 5
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Mike Ashley warns EWM administrators against “unfair” deal
Mike Ashley’s Frasers Group has warned administrators to Peacocks, Jaeger and Edinburgh Woollen Mill that they should avoid giving a preferential deal to former owners.
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Senior living investment forecast to hit £1.5bn this year
The UK senior living sector has seen a bumper year of investment in 2020, with a forecast of £1.5bn in total expected by the end of the year.
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AustralianSuper broadens global investment team
AustralianSuper has strengthened its global investment team with several new hires as the fund positions itself to identify new international opportunities.
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Mileway signs up two occupiers at Boston Park
JLL has secured two lettings totalling more than 50,000 sq ft at Boston Park in Haydock on behalf of last mile logistics real estate company, Mileway.
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Inland Homes reveals plans for over 1,700 homes across South East
Inland Homes has revealed its plans to build over 1,700 homes across the South East.
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London office construction plummets 50%
Starts on London office construction projects have plummeted 50% as developers predict office demand will plunge in favour of homeworking.
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Boutique Workplace Company signs for two new sites through landlord partnerships
The Boutique Workplace Company is to open two new offices after signing a partnership with a private landlord.
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Arlington expands At Oxford Business Park
Arlington has continued to consolidate its ownership at Oxford Business Park by acquiring Spires House, a 49,421 sq ft multi-let office building from Harbert European Real Estate.
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Whitbread submits plans to convert central London police station into Premier Inn hotel
Whitbread has submitted plans to convert the Grade II listed Snow Hill Police Station in Farringdon into a 220-bedroom hub by Premier Inn hotel as it continues to expand in the capital.
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James Thornton steps down as Mayfair Capital CEO
Mayfair Capital Investment Management’s chief executive and co-founder, James Thornton, will be stepping down from his role at the end of this year, with executive director Giles King taking his place from January 1 2021.
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Care home operators resilient despite pandemic challenges
The UK care home sector has adapted well to the challenges posed by the pandemic, resulting in a positive trading performance, according to the latest research by Knight Frank.
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Southampton Leisure World application submitted
Sovereign Centros has submitted an outline planning application for Leisure World in Southampton - one of the city’s most significant regeneration projects in over two decades.
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Harworth buys Merseyside business park for £26m
Harworth Group has paid £26m for Saturn Business Park in Knowsley, Merseyside in an off-market deal.
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Tritax launches first sterling green bond from a UK REIT
Tritax Big Box REIT has priced £250m of unsecured green bonds under the company’s £1.5bn euro medium term note programme.
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NAV dips at LXI, but investors benefit from dividend payout
LXI REIT has posted a dip in net asset value for the six months to the end of September, but investors will still benefit from a dividend.
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Clarks CVA passes amid criticism
Clarks CVA has passed successfully despite fierce operation from landlords.
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Helical exchanges contracts on Manchester’s Powerhouse Portfolio
Helical has exchanged contracts on The Powerhouse Portfolio to sell to real estate funds Alternative Advisors SA and XLB Property.
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George Osborne criticised for putting “image over cost” in search for security centre
Former chancellor George Osborne and senior GCHQ officials have been criticised for putting “image over cost” when securing the headquarters for the National Cyber Security Centre.
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Propertyshe Perspectives: Silver Anniversary, making WFH work, sustainable solutions for cities, Guy Grainger’s new ESG role, Alchemists & Magicians wanted, flying cars and broadband as a human right
Congratulations to Property Week on 25 years of the Annual Property Awards which we celebrated digitally this week. Some of us dressed in silver to mark this landmark anniversary as we concocted cocktails, enjoyed some musical entertainment and exchanged messages with others on our virtual table.
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Disqualified developer jailed after scamming £91,000
A disqualified developer has been jailed for 27 months after scamming £91,000 from his clients and splashing the money on gambling and holidays.