All Property Week articles in 21 October 2022 – Page 3
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News
Impact Healthcare REIT sees increase in unaudited NAV for Q3
Impact Healthcare REIT announced its unaudited net asset value (NAV) reached £472m, as of 30 September.
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News
Scottish property management director ‘abused’ Covid-19 support package
The director of three Scottish property management companies has been disqualified for 12 years after he “abused” the Covid-19 Bounce Back Loan (BBL) scheme for personal gain, the Insolvency Service has said.
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News
Landlords forced to raise rent as mortgage rates rise
Two separate reports published this week have concluded landlords may be forced to raise their rents to prevent their properties from being un-mortgageable amid rising interest rates.
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News
Graphic Packaging takes Bristol warehouse
Real estate firm Mileway has let Titan, a newly refurbished 255,686 sq ft distribution warehouse in Yate, Bristol to US firm Graphic Packaging International.
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News
Manchester Arndale lands raft of new tenants
The Manchester Arndale shopping centre has announced a slew of retailers signing for space.
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News
Invesco and Related Argent bring forward £600m first phase of Brent Cross Town
Related Argent has partnered with Invesco Real Estate to bring forward the £600m GDV first phase of the £8bn Brent Cross Town in north London.
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News
Hospitality lost one venue an hour in Q3, says report
The speed of closures of hospitality sector premises – pubs, bars, restaurants, cafés and hotels – reached one every hour in the third quarter of the year, according to a report published this week.
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News
Svanström named as Rightmove CEO
Listed property portal Rightmove has appointed Johan Svanström as its next chief executive, replacing Peter Brooks-Johnson, who will retire after the company’s full-year results are announced in February.
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News
Mount Anvil and Catalyst get nod for 1,228-home Acton scheme
Ealing Council has approved developer Mount Anvil and housing association Catalyst’s application for an additional 238 homes at a regeneration scheme in Acton, west London, bringing the total number of homes planned for the site to 1,228.
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News
Custodian REIT flips Gosforth shopping centre
Custodian REIT has turned a £9.3m profit from the sale of a shopping centre in Gosforth, Newcastle upn Tyne, which it bought a year ago for an apportioned value of £8.975m as part of its £42m acquisition of DRUM Income Plus REIT.
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News
Harvey Nicks former London HQ up for grabs
Luxury retailer Harvey Nichols’ former HQ in west London is for sale with permission for complete conversion to residential.
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News
Dominus buys Tower Hamlets former DWP building for resi scheme
Property group Telereal Trillium has sold a residential development site in the London Borough of Tower Hamlets, east London, for £8.2m to Dominus Advisory.
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News
Property Week Digital Edition – 21 October 2022
Mount Anvil and Kew Gardens study aims to help developers improve the biodiversity of residential schemes - Housing secretary signals government will get tough on developers that fail to remediate unsafe cladding - Housing Hand COO on what the Rental Reform Bill means for PRS
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News
Sector lauds potential of Investment Zones
Property industry backs the scheme following two bid submissions this week.
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Insight
Hunt takes charge as Truss lingers
They say a week’s a long time in politics and boy, this has been one of those weeks.
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Professional
Let them eat cake…
…before they decide whether to buy one of Allison’s new Somerton homes
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News
Burning questions on rates
The response from shadow chancellor Rachel Reeves, after new chancellor Jeremy Hunt gave his “economic update” to the Commons on Monday, perfectly captured the calamity created by September’s mini-Budget.
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Insight
Conference season brings some joy
Editor: Kwasi Kwarteng’s Budget aside, the development sector might come away from the Conservative Party Conference with some reason to be cheerful, especially if recent soundings from the DLUHC team at fringe events come to fruition.
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News
Q&A: Housing Hand’s COO on Rental Reform Bill challenges
Graham Hayward discusses how the private rented sector can prepare for the passing of the bill next May
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Professional
Kew Gardens project aims to boost residential biodiversity
Five-year venture with Mount Anvil will study how to help developers create better habitats for pollinators.
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