All Property Week articles in 20 September 2019
View all stories from this issue.
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OnlineGrosvenor increases the number of affordable homes in Bermondsey BTR scheme
Grosvenor has increased the amount of affordable housing in its Bermondsey BTR scheme after the project was called in by the Mayor of London.
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OnlineTrump gets approval to build 550 homes at Aberdeenshire golf resort
The Trump Organization has won planning approval to build a scheme featuring 550 homes and holiday villas at the US president’s golf course in Aberdeenshire.
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OnlineLandsec’s Portland House plan approved
Westminster City Council has approved Landsec’s plans for Portland House, Bressenden Place.
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OnlineTerms agreed for Blackpool Central scheme
The developers behind new theme park Blackpool Central have agreed terms with Blackpool Council, paving the way for the first two phases of the scheme.
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OnlineIntergenerational app combatting loneliness wins at 2019 RESI Hackathon
A UCL undergraduate, who created an innovative app to combat loneliness, won the top prize at the 2019 RESI Hackathon.
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OnlineLloyds extends Custodian REIT’s RCF
Custodian REIT has had its revolving credit facility (RCF) with Lloyds Bank increased from £35m to £50m for a three-year term.
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OnlineCubex gets green light for next phase of Finzels Reach
Bristol City Council has approved Cubex’s £140m plan to regenerate a former fire station headquarters into a mixed-use scheme.
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OnlineStrattoOpencell announces new hire
StrattoOpencell has appointed Tony Lander as head of real estate.
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OnlineStrettons hires new director
Strettons has expanded its valuation and advisory services department by appointing Andrew Balcombe as a director.
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OnlineFlexible workspace makes up 35% of London’s commercial transactions
Over the past year flexible workspace has made up 35% of commercial property transactions in London, according to a new report by The Instant Group.
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OnlineWarehouse REIT buys Middlepoint Esate for £15.5m
Warehouse REIT has acquired the Midpoint Estate in Middlewich, Cheshire for £15.5m, reflecting a net initial yield of 6.6%.
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OnlineTarget Healthcare REIT raises £80m
Target Healthcare REIT has raised £80m through a share placing to help fund its expansion plans.
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OnlineCapital & Counties makes progress in Earls Court talks
Capital Counties has made progress in talks to sell its Earls Court business, but if negotiations fail to progress it will press ahead with its demerger plans.
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NewsMason Owen names Bainbridge and Williams as associate partners
Mason Owen has named two new associate partners at the firm: surveyor Allie Bainbridge and IT manager Mike Williams.
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NewsSainsbury’s announces store closures
Sainsbury’s has announced that it will close between 10 to 15 supermarkets and up to 70 Argos stores.
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OnlineFine Grain Property acquires Wespark Shannon business campus
Irish business park operator and investor Fine Grain Property has purchased Westpark business campus in Shannon for more than €50m.
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OnlineL&G Edinburgh BTR scheme wins planning approval
The Legal General-backed Skyliner Build-to-Rent (BTR) scheme in Edinburgh has won planning approval and is expected to rise on Leith docks by 2022.
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NewsHeineken sells 150 pubs to Admiral Taverns
Heineken has sold 150 pubs in England, Scotland and Wales to Admiral Taverns.
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OnlineAviva and TFL team up to deliver mixed-use building opposite Liverpool Street station
Aviva Investors and Transport for London (TfL) have agreed to build a new mixed-use retail and office building at 1 Liverpool Street, opposite the new Liverpool Street Elizabeth line station.
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OnlineEDGE AI and Abricko partnership promises new investment platform
A new partnership between proptech firms EDGE AI and Abricko promises to give the industry a new automated AI-assisted investment management platform.
