All Property Week articles in 21 May 2021 – Page 4
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Constraints and opportunities in a turbo-charged market
In 2008, I participated in my first Property Week Industrial Conference panel discussion at Celtic Manor. In my view we were at the top of a bubble market and I said so.
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PGIM Real Estate forward funds Brighton BTR scheme
PGIM Real Estate has made a second UK residential acquisition on behalf of investors in its European core strategy, committing to forward fund 135 private homes for rent in Brighton.
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Barberry completes sale of warehouse to Kent Foods
Barberry Industrial has completed the sale of a speculatively developed warehouse unit to Kent Foods for its new Midlands regional distribution centre.
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202 Kitchen secures first permanent site as it seeks national expansion
Hospitality brand 202 Kitchen is to open its first ever restaurant at Spinningfields in Manchester and is on the hunt for more sites in regional cities, Property Week can reveal.
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Wholesale retailer buys new Manchester HQ
Wholesale clothing supplier Whispering Smith has snapped up 274 Deansgate in Manchester for £6.35m for its new HQ.
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Local investor launches new initiative to save high streets
Property investor and developer, Sam Ginda, has launched Future High Street Living – a new company aimed at revitalising British high streets struggling in the wake of the retail crisis.
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Places for People launches pilot scheme to support charities and social enterprises
The pilot #SocialSpace initiative will run in Milton Keynes, Edinburgh and Leicester, offering local causes a package to help their organisations grow.
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Frasers Property Group secures trio of lettings
Frasers Property UK has secured a run of new tenants at its Chineham Park in Basingstoke.
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Fox Lloyd Jones and Knight Frank appointed to market £350m Leeds development
Fox Lloyd Jones and Knight Frank have been appointed to market CEG’s flagship Globe Point development within the Temple district of Leeds.
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BTR sector has strongest ever quarter for planning approvals
Almost 7,000 built-to-rent (BTR) planning applications were approved in the first three months of 2021 – the highest figure for any quarter on record.
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Logicor brings in Tom Blakely from DHL as director
Logicor has appointed Tom Blakely, DHL’s regional real estate manager, as director of asset management in the UK asset management team, Property Week can reveal.
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Investec takes new Guildford office
Investec has snapped up more than 8,000 sq ft for a new office space in Guildford.
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Frasers to swoop for Hugo Boss in £2.7bn takeover deal
Mike Ashley’s Frasers Group is eyeing a takeover of Hugo Boss after increasing its shares in the premium retailer earlier this year.
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Boots owner paid £488m dividend
Boots UK parent company paid a dividend of £488m to its US owner while the health and beauty retailer is understood to have withheld rent from landlords over the course of the pandemic.
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Clayton Square hits the market
Patrizia is selling Clayton Square in Liverpool with a price tag of £21m.
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ESH announces two new hires
Edgerley Simpson Howe (ESH) has appointed two new staff members to bolster both its investment and agency departments.
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British Land provides free theatre space to artists at Broadgate
New Diorama Theatre has joined forces with British Land to launch NDT Broadgate, a new artist development complex opening in the City of London in July.
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Helios and Northumberland Estates gain consent for mega-shed
Helios Real Estate and Northumberland Estates have been granted planning permission by Stockton Borough Council for a new 2m sq ft multi-level logistics building to be developed as part of the wider Wynyard Park scheme in the Tees Valley, north east England.
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Panattoni and L&G to develop industrial site in Basingstoke
Panattoni and Legal General’s Industrial Property Investment Fund (IPIF) are set to build three warehouses in Basingstoke.
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UK office occupancy hits 50%
Occupancy in UK offices hit 50% of pre-pandemic levels for the first time since March 2020 last week.