All Property Week articles in 21 October 2022 – Page 2
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News
Lenders favour ‘crisis-resistant’ prime office and industrial property, report finds
Prime offices and industrial have proven the most “crisis-resistant” and are the property sectors that the most lenders are willing to finance at 95% and 85% respectively, according to the Bayes UK Commercial Real Estate Lending Report.
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News
Industry reacts: Michael Gove will ‘hit the ground running’ as he returns as housing secretary
Michael Gove has replaced Simon Clarke as secretary of state for levelling up, housing and communities, following the appointment of Rishi Sunak as prime minister.
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Online
OnTheMarket rewards agents with heavily discounted shares
OnTheMarket has applied to the London Stock Exchange for the admission of shares given to agents after signing long-term deals.
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News
Croydon Council approves £100m Selhurst Park expansion
The home of Crystal Palace FC is set to increase its capacity by 8,000, following approval by Croydon Council last week, four years after the scheme was first revealed.
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News
New office space standards set by BCO
The British Council for Offices (BCO) has set new standards for space in offices, following the pandemic and targets being set for net-zero carbon emissions.
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News
LH1 Global secures £100m residential development deal
International property consultant LH1 Global has brokered a residential development deal at South Bank Leeds with an estimated value £100m.
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News
Brighton and Hove development plan gets go-ahead
Brighton and Hove city councillors have approved plans for a new city development scheme despite backlash from protestors.
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News
Retrofitting can support UK net zero targets, says JLL
A report from real estate consultancy JLL has found that retrofitting offices and industrial buildings can deliver the required energy reductions to support the UK’s 2050 net-zero targets.
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News
‘High demand’ for space drives new lettings at Urban Logistics
Urban Logistics has told investors it can ride out the economic storm as demand for its assets remains strong.
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News
Industry reacts: prime minister Rishi Sunak a ‘step away from political instability’
Rishi Sunak is set to become the UK’s next prime minister after winning the Conservative leadership race.
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News
HBF says axing homes target may cost £17bn
Housebuilders’ body warns of blow to economy if annual 300,000 target goes
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Online
Singaporean buyer snaps up six apartments at One Bishopsgate Plaza
An unnamed Singaporean buyer has bought and simultaneously let six apartments at One Bishopsgate Plaza, with a total gross sales value of just over £9.5m.
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Online
Property bosses welcome opening of Crossrail’s Bond Street station
The property world has welcomed the open of the Elizabeth Line’s Bond Street station today, claiming it will bring a boost to developers in that area of west London.
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Online
Kirklees Council submits plans for £210m Huddersfield scheme
Kirklees Council has filed a planning application for Huddersfield’s £210m Cultural Heart development.
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News
Orchard Street completes R&D office space letting in Cambridge
Orchard Street Investment Management has completed its third letting at the recently refurbished Radio House office building in Cambridge to Micro Focus, the multinational software and IT business.
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News
Former Avant Homes boss launches new housebuilding venture
Former Avant Homes chief executive Mark Mitchell has returned to housebuilding with the launch of Honey, a company backed by private equity firm Alchemy Partners.
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News
Trio of office lets for ARRIVE MediaCity
MediaCity’s flexible workspace ARRIVE has secured three lettings covering more than 12,000 sq ft across its White and Blue towers in the Salford creative, tech and digital hub.
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Online
Law firm regulator warns on fees as rising interest rates deter homebuyers
The Council for Licensed Conveyancers (CLC) has urged law firms to stress-test their businesses for resilience to a significant fall in work volumes.
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News
Helical updates investors on first half performance
Helical has told investors it has enjoyed a “good first half” of the financial year in a trading statement ahead of its interim results.
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News
Buy-to-let companies doubled in five years, says Hamptons
Landlords moving properties from personal to company ownership to reap tax benefits has resulted in a doubling of buy-to-let companies in five years to over 300,000, according to the Hamptons Lettings Index.
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