All Property Week articles in 21 May 2021 – Page 3
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OnlineBritish Land reveals impact of Covid-19 on balance sheet
British Land has posted a 16.3% drop in the value of net tangible assets (NTA) for the year to the end of March despite the impact of the Covid-19 pandemic.
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OnlinePatron Capital launches £100m affordable housing JV
Patron Capital has launched a £100m affordable housing joint venture with Oak Housing and its shareholders Bmor and T B Capital.
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OnlineLeeds Pizza Express set for co-working conversion
Spacemade has been instructed to reposition a former restaurant in Leeds into a new co-working space, Property Week can reveal.
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OnlineCBRE hires Citigroup managing director as executive director
CBRE has appointed Julian Allen as executive director and head of real estate investment banking across EMEA.
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OnlineCBRE expands UK sheds team with hiring spree
CBRE has expanded its UK logistics team with a raft of new hires and internal promotions.
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OnlineMcCarthy Stone secures £200m of financing for rental portfolio
McCarthy Stone has secured £200m in financing for the development of its UK retirement living rental portfolio.
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OnlineRICS launches new global guidance for ‘Land Measurement’
New guidance on the measurement of land for development projects such as new housing and commercial development has been published by the Royal Institution of Chartered Surveyors (RICS).
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OnlineFiera appoints former BlackRock MD to independent director
Fiera Real Estate Investments has appointed Marcus Sperber to the board as independent director.
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OnlineRent collection remains subdued as restrictions ease
The rate of rent collection in the UK has failed to pick up despite restrictions on the economy continuing to ease.
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OnlineFortitudo announces buys 27,878 sq ft plot in Poole
Dorset-based developer Fortitudo has bought a 27,878 sq ft corner plot in Poole for a residential development.
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OnlineBattersea Power Station celebrates its long-awaited opening
Battersea Power Station’s developers opened the doors to its first ever residents last night, celebrating with a light show over the London landmark.
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OnlineRE Capital acquires £15m Albion House
RE Capital has acquired Albion House at 20 Queen Elizabeth Street in Southwark, London, from Peabody for £15.05m.
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OnlineEdmond de Rothschild funds £43m Rugby BTR development
Edmond de Rothschild Real Estate Investment Management (REIM) has agreed to forward-fund a build-to-rent development in Rugby for £43m.
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OnlineTechnology provides the key to realising real estate’s ESG goals
While terms like ‘innovation’ and ‘technology’ have risen to near-mythical status across much of the business landscape, the property world has been historically slower and more reticent to worship at the silicon altar.
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OnlineThe Hoxton expands with five more European hotels
The Hoxton is expanding its European portfolio with five more hotels set to open in Shepherd’s Bush, Barcelona, Berlin, Brussels and Vienna over the course of 2022 and 2023.
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OnlineLeumi UK signs £39m funding deal with Hamberley Care Homes
Boutique bank Leumi UK has completed a £39m deal with Hamberley Care Homes to finance the development of four high-specification homes in Dorking, Eastleigh, Keynsham and Bromsgrove.
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OnlineGerald Kaye predicts the ‘hotelification’ of the office
The boss of Helical has said the “hotelification” of the office sector is inevitable following the pandemic and the shifts in how people wish to work.
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OnlineShaftesbury boss upbeat despite half-year losses
West End property group Shaftesbury has said it is “well-positioned for gradual recovery and sustainable growth” despite suffering increased losses and value declines during the pandemic.
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OnlineLove to Rent launches build-to-rent awareness week
Build-to-rent marketing portal Love to Rent has launched its first build-to-rent customer awareness week, which aims to boost awareness of the sector and raise the profile of the UK BTR sector.
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OnlinePropertyshe Perspectives: Equiem to deliver Kings Cross app, the tech future of hybrid meetings, Gorillas changing the way ‘you do groceries’, podcast with Cushman & Wakefield’s George Roberts
The great British commute is now being named by many as a key deterrent to returning to the office.
