All Property Week articles in 21 February 2020 – Page 2
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OnlineNew managers appointed for AEW UK Long Lease REIT
The board of directors at AEW UK Long Lease REIT has appointed both a new investment manager and fund manager just under a year after the company’s future was thrown into doubt by the collapse of its largest tenant.
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Native Land gets permission for 109 extra homes and new hotel at Bankside Yards
Developer Native Land has been given the green light to build 109 more homes than initially planned at its Eastern Yards site in Bankside, London, in addition to a new hotel.
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Proptech firm Bricklane doubles size of portfolio by buying 74 rental homes
Proptech investment platform Bricklane has more than doubled the size of its portfolio with the acquisition of 74 rental properties worth a combined £13.6m.
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Eden Farm bites at Butterfield Business Park with 73,000 sq ft pre-let
Eden Farm, the national food wholesaler specialising in ice cream and convenience frozen food, has agreed to a 73,000 sq ft pre-let at HBD’s Butterfield Business Park in Luton.
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OnlineParagon completes doubling of Bristol office team within first 14 months
Consultancy Paragon has hired Ian Truscott as a building surveyor, completing the doubling of its Bristol office team within its first 14 months of operation.
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OnlineTravelodge hires new property director
Travelodge has appointed Steve Bennett as its new property director.
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OnlineU.S. proptech Voxel Worlds opens European branch in Ireland
Washington D.C. architectural visualisation proptech Voxel Worlds has opened an office in Ireland as it seeks to woo European clients.
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OnlineUK leading Europe’s proptech sector as tech giants position proptech solutions
The UK is leading proptech investment into Europe and has attracted five times more investment than Germany, according to a new report by the University of Oxford.
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OnlineManagement fee for Secure Income REIT to be cut
The fee Prestbury charges for managing Secure Income REIT is to be reduced to reflect an increase in its surplus cash, following a £347m portfolio sale.
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OnlineGovernment names building owners with no plans to remove unsafe cladding
The government has begun naming building owners and managers without a plan to remediate unsafe cladding on at least one of their buildings, as part of its post-Grenfell screening programme.
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OnlineCroydon council set to greenlight world’s tallest modular building
Tide Construction’s plans for the world’s tallest modular building have been recommended for approval by Croydon council officers.
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NewsMoorgarth lets 14,000 sq ft of flexible workspace at Broad Street Mall
Asset manager Moorgarth has let 14,000 sq ft of space at Broad Street Mall in Reading to flexible workspace operator Co-Space on a 10-year lease.
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OnlineCF Commercial hires Ben Reeve as full-time retail and leisure consultant
CF Commercial (CFC) has hired Ben Reeve as a full-time consultant to work alongside its retail and leisure agency team.
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OnlineAxa spends £80m on Dublin office
AXA Investment Managers - Real Assets has bought La Touche House office building in Dublin’s financial centre.
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OnlineTed Baker to sell its London HQ
Struggling fashion retailer Ted Baker is selling its Ugly Brown Building HQ in London, in an attempt to strengthen its balance sheet amid its accounting crisis.
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OnlineDalata posts rise in revenue and profit in 2019
Ireland’s biggest hotel company Dalata Hotel Group has reported rising revenue and pre-tax profit for 2019.
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OnlineDerwent cuts net zero emissions target by 20 years as it reveals solid full-year figures
Derwent London has issued a challenge to the property industry on environmental standards by vowing to become net zero on carbon emissions by 2030, 20 years ahead of its previous target of 2050.
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OnlineHammerson set to slash 2020 dividend as NAV plunges
Hammerson shareholders are set to suffer a sharp dividend cut this year, as the retail landlord revealed it is to rebase the payout “to a sustainable level”.
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NewsMcGregor takes 40,000 sq ft at St. Modwen Park Doncaster
European haulage firm McGregor has taken 40,000 sq ft at St. Modwen Park Doncaster on a three-year lease.
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OnlineA tipping point for proptech?
Not a week goes by without a proptech survey, article or conference opining on the opportunities and challenges that technology presents to property investors, developers and occupiers. Picking out the critical issues from the maelstrom of information that is out there can be challenging, but there are a few consistent ...
