All Property Week articles in 21 October 2022
View all stories from this issue.
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Online
Hargreaves Group snaps up Poole industrial park
Hargreaves Group has purchased Poole Trade Park, a 36,175 sq ft industrial asset in Dorset, Property Week can reveal.
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News
Lovell Partnerships appoints Phil Jones
Housing partner and construction company Lovell Partnerships has appointed Phil Jones as head of land and partnerships for its recently launched North East region.
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SPPARC to design new masterplan for Chatham Docks
Architecture studio SPPARC has been appointed by manufacturing conglomerate ArcelorMittal Kent Wire to design a new masterplan for Chatham Docks in Kent.
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Commercial real estate asset managers boost energy efficiency across portfolios
New research by Deepki has found that 80% of 250 European commercial real estate asset managers are accelerating plans to improve energy efficiency across their property portfolios.
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Plans revealed for Coventry logistics scheme
Real estate investment firm The Wigley Group has lodged plans with Coventry City Council for a £4.5m logistics scheme at Stonebridge Trading Estate in the Midlands city.
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The Portman Estate appoints Bruce Gillingham Pollard as advisers
The Portman Estate has appointed Bruce Gillingham Pollard to advise on its independent retail portfolio, Portman Marylebone.
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BPF launches Warehousing Board
The British Property Federation (BPF) has launched a cross-sector Warehousing Board to lead advocacy for the UK logistics sector.
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UK build-to-rent homes up 15% year on year
The total number of UK build-to-rent (BTR) homes, either in planning, under construction or completed, was up 15% between Q3 2021 and Q3 2022 from 209,313 to 240,202, according to analysis from the British Property Federation (BPF) in collaboration with Savills.
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Birmingham centre undergoes £52m resi development
Real estate investor The Riverlow Group has begun a £52m development of residential buildings in Birmingham’s city centre.
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Gary Neville’s Relentless Developments partners with MAPP
Gary Neville’s development company Relentless Developments has appointed MAPP to provide management consultancy advice on No.1 St Michael’s.
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Weston Homes welcomes 23 new recruits to its trainee and apprentice scheme
Weston Homes, a housebuilder and developer of homes in the South East, has welcomed 23 new recruits to its trainee and apprenticeship scheme.
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UK retrofits not on course to meet 2050 net-zero targets
The UK is failing to keep pace with the level of retrofits to reduce building emissions required to meet 2050 net zero carbon targets set out in the Paris Agreement.
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Online
Profit at M7 Regional E-Warehouse REIT rises despite valuation falls
M7 Regional E-Warehouse REIT saw a dip in net asset value (NAV) during the three months to the end of September.
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Online
PPHE Hotels beats pre-pandemic revenue
PPHE Hotel Group has told investors it achieved a sharp rise in revenue during the third quarter.
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News
Heritage body urges refit not demolition of M&S Oxford Street flagship store
SAVE Britain’s Heritage is urging Marks & Spencer (M&S) to retrofit its Oxford Street building, as opposed to demolishing and rebuilding it, as part of its plans to redevelop the site.
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Tristan Capital Partners pays £78m for Richardson Barberry’s Bristol logistics park
Joint venture developer Richardson Barberry has sold its prime logistics park development at Avonmouth, Bristol for £78m to CCP 5, a fund run by Tristan Capital Partners, ahead of starting phase two of construction.
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Cole Waterhouse paves way for Upper Trinity Street
Cole Waterhouse has acquired a key development site for an unknown price in Digbeth, Birmingham, which is expected to deliver a £260m mixed-use scheme with 943 new homes and a public park.
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Lane7 picks Middlesbrough site for next Level X centre
Bowling company Lane7 is working on a 66,000 sq ft site in Middlesbrough city centre to launch a family entertainment centre called ‘Level X’ in early January.
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HMRC issues £120,000 SDLT bill to Gü puddings founder
HMRC has served a £120,000 Stamp Duty Land Tax (SDLT) bill to Gü puddings founder James Averdieck after a misguided mix-use claim on his £3m country home.
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London office demand weakens in Q3 but spike expected in 2023
London office demand weakened in Q3, with take-up of 2.7m sq ft, a fall of 18% on Q2 and 10% below the five-year quarterly average, according to property consultancy Gerald Eve.