All Property Week articles in 22 January 2021 – Page 2
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News
Lomond leads four purchases following merger
Lettings agency Lomond has acquired four firms to add to its recent announcement of its merger with Linley Simpson.
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St. Modwen selected as development partner for Cheltenham mixed-use project
St. Modwen has been chosen by Midlands Land Portfolio, the property development arm of Severn Trent, as its development partner for a 154-acre site to the west of Cheltenham.
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News
M7 acquires £300m warehouse portfolio
Pan-European investor and asset manager M7 Real Estate has completed the acquisition of a portfolio of 19 UK retail warehouses valued at just over £300m.
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Online
How the pandemic was an unexpected boost for the North East housing market
A decade after the North East saw a record low number of new homes being built, housebuilding in the region is positively booming.
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South East office take-up jumps in Q4
The South East office market enjoyed a much-needed uptick in take-up during the final quarter of 2020.
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PFM Intelligence Group acquires retail proptech firm CoreTech Solutions
Technology and communications company PFM Intelligence Group has acquired CoreTech Solutions for an undisclosed sum.
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Online
Plans unveiled for £200m Sheffield science and research hub
The Olympic Legacy Park in Sheffield is set for a £200m investment boost.
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News
Private equity firm Permira set to save Paperchase
High street stationery firm Paperchase is expected to be sold in a pre-pack administration deal as early as today to lender Permira Debt Managers, according to Sky News.
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News
Green owes creditors over £750m
Phillip Green’s Arcadia Group owes creditors, including landlords, more than £750m, according to reports filed by administrators Deloitte.
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News
Government to consult on rules for REITs
The government has drawn up a consultation document on a post-Brexit reform to the investment industry, including improvements to tax rules for multi-asset funds and REITs.
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News
LondonMetric snaps up two warehouses for £13m
LondonMetric has bought two urban logistics warehouses in London and the West Midlands for £13.2m, reflecting a combined net initial yield of 4.7%.
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News
Warehouse REIT spends £80.2m on acquisitions
Warehouse REIT has acquired 11 assets for £80.2m at an average net initial yield of 6.3%, as the industrial sector continues to attract investors with rental growth and secure income.
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Online
New City of London tower gets green light
The City of London is set to receive a new tower after plans for 55 Gracechurch Street were given the go-ahead.
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We must future-proof our communities for the sake of our older generation, says Centre for Ageing Better chief executive
Dr Anna Dixon of the Centre for Ageing Better discusses the urgent need to create accessible housing options for later living and the resulting benefits to the community.
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Online
JLL to pay back all furlough money
JLL is set to repay all of its furlough money and salary cuts received from the government during the pandemic.
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Online
Valor acquires five logistics hubs for £50m-plus
Valor Real Estate Partners has completed on five separate logistics acquisitions across Greater London for a total of more than £50m.
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News
Oxford Properties completes M7 purchase
Oxford Properties, the real estate arm of Canadian pension fund OMERS, has completed its purchase of pan-European investor and asset manager M7 Real Estate.
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Online
Mark Breuer joins Derwent London board
Derwent London has announced the appointment of Mark Breuer as an independent non-executive director.
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Online
LCR and Network Rail appoint agents to source residential opportunities
Savills has been appointed by LCR and Network Rail partnership to identify residential development opportunities around stations.
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St Modwen appoints Alison Nimmo as non-executive director
St Modwen Properties has appointed Alison Nimmo as non-executive director.