All Property Week articles in 21 January 2022 – Page 2
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NewsFirefly Capital hires associate director
Investor Firefly Capital has hired Henry Courtenay-Stamp as its new associate director of real estate.
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NewsLondon housing development pushes out 64.5m sq ft of industrial space
London has lost around a quarter (24%) of industrial floorspace over the past 20 years, equating to more than 64.5m sq ft.
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NewsCiti reveals £100m refurb of iconic Docklands tower
US investment banking giant Citi has announced plans to refurbish its iconic Citi Tower in Canary Wharf at an estimated cost of £100m, in what would be one of the largest single building refurbishment programmes ever undertaken in the UK.
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NewsEngineering company takes first floor at Bristol EQ development
Global engineering and consultancy firm Arup has confirmed it will take the second floor at CEG’s EQ development in Bristol.
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NewsOne quarter of estate agents not registered with HMRC for money laundering supervision
A quarter of UK estate agencies, representing more than 5,000 branches, have failed to register with HMRC for money laundering supervision, according to new analysis from property, legal and fintech firm Thirdfort.
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NewsM7 to float Bridgewater Place on IPSX
M7 Real Estate has purchased Bridgewater Place in central Leeds and has now unveiled plans for the proposed initial public offering of the property on the International Property Securities Exchange (IPSX).
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NewsAtria Watford adds Victoria’s Secret and expanded Next store
A new Victoria’s Secret has opened next to a larger Next store at shopping centre Atria Watford.
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NewsScotland planning framework ‘fails’ to cater to older people’s housing needs, says taskforce
The Scottish Housing with Care Task Force has urged ministers to consider the future housing needs of older people in its planning legislation.
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NewsCourt of Appeal rejects contractor’s £8m cladding claim
The Court of Appeal has rejected an appeal by contractor Mulalley & Co over a cladding claim involving one of the Hyde group’s largest high-rise residential developments.
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NewsM&G snaps up West End offices for £132m
M&G Real Estate has acquired Ryder Court, a grade-A office building in London’s West End, for around £132m in an off-market deal.
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NewsCamden ‘lifestyle’ hotel awarded planning permission
Pan-European investor and developer RE Capital has obtained planning consent from Camden Council for its new lifestyle hotel in Camden, London.
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NewsCommercial rent collection falls in December
Rent collection from UK commercial properties 21 days after the December quarter day was lower than in the previous quarter.
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NewsHealthcare property occupancy down almost 10%
Occupancy rates in the elderly care market have dropped 9.7% year on year in 2021, averaging 79.4%, according to the latest Knight Frank research.
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NewsKinrise starts refurb after £15m Leeds office buy
Kinrise has purchased 1-3 Trevelyan Square, a Leeds office building, for around £15m and is now beginning a comprehensive refurbishment.
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OnlineWhat are the issues to consider when developing on areas next to railways?
With the continuing pressure on supply for land for residential development, developers have to be more resourceful than ever.
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NewsFortress looks to offload 17 M&S stores
US investor Fortress is offloading 17 M&S stores across the UK for £70m, Property Week understands.
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NewsBridge Industrial snaps up South East office scheme
US developer Bridge Industrial has snapped up an out-of-town office park in Weybridge, Surrey.
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OnlineReal Estate Investors reveal “near normal” rent collection despite lockdowns
Real Estate Investors (REI) has told investors it achieved “near normal rent collection levels” in 2021, despite the impact of continuing Covid-19 lockdowns.
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OnlineWarehouse REIT updates investors
Warehouse REIT has completed 12 lettings and 10 lease renewals ahead of estimated rental value (ERV) during the period since the beginning of October last year.
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NewsHaddenham industrial estate sells for £14m
TPG Real Estate and 4th Industrial UK have bought a warehouse development in Haddenham, Buckinghamshire, from Tavis House Properties for just under £14m.
