All Property Week articles in 22 July 2022
View all stories from this issue.
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RO Group agrees six-year lease with Berkshire free school
Langley Hall Primary Academy Trust, a free school in Berkshire, has taken a six-year lease for space at developer RO Group’s Waterside Court site in Langley.
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London the world’s most expensive warehouse location, says Savills
The UK capital has been named as the most expensive location globally to take warehouse space, with prime space costing $35 per sq ft, said Savills.
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Melburg sells Wigan industrial estate for £15m
Privately owned real estate investor and developer Melburg Capital has sold Swan Lane Industrial Estate in Wigan to a private family office for £15m.
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KanAm Grund Group gets green light for Princes Court City redevelopment
KanAm Grund Group has secured planning consent from the City of London for its first redevelopment project, at Princes Court in London.
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South-East office investment tripled to £1bn in Q2, says Knight Frank
Office investment across the South-East region increased 215% in Q2 2022 to £1.06bn, from £336m in the previous quarter, according to Knight Frank.
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Luxury brand Kiehl’s opens boutique at London Waterloo
Government-owned developer LCR has added beauty brand Kiehl’s to the roster of tenants at the Sidings, the new, 135,000 sq ft retail destination on the site of the former Eurostar terminal at rail station London Waterloo.
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London office leasing rebounded in Q2, says Cushman & Wakefield
Leasing activity in Central London offices in the second quarter of 2022 saw an increase of 66% on the same period last year, according to Cushman & Wakefield.
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Property podcast: Hyde Housing’s CEO welcomes landmark legal victory
In the latest episode of BossCast, Andy Hulme, CEO of Hyde Housing, talks to Blackstock Consulting’s founder Andrew Teacher about the housing association’s recent legal victory over a construction contractor, and how the property industry can do better on equality and diversity.
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Breezblok seals 15,500 sq ft lease at City building
Serviced office operator Breezblok has completed on a four-year lease agreement with owner Merton Holdings for 15,500 sq ft of space at John Stow House in the City of London.
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Red Engine injects £8.2m into State of Play Hospitality
Experiential leisure operator State of Play Hospitality has received a $10m (£8,2m) investment from Red Engine, its long-standing commercial partner and owner of the Flight Club brand.
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Primary Health Properties’ profits leap 50%
Primary Health Properties’ (PHP) profits have leapt 50% over the first half of 2022 compared to the same period last year.
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Tibbalds CampbellReith JV appointed to unlock Homes England Bedfordshire site
Homes England has appointed the Tibbalds CampbellReith JV to lead the development of its Houghton Regis housing project on the edge of Luton.
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Notting Hill Genesis to build 190-home East London site
The London Legacy Development Corporation (LLDC) has given Notting Hill Genesis the green light to develop 190 homes around Hackney Wick Station in east London.
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St Modwen Homes wins Stroud development work
St Modwen has won a contract from Stroud District Council to develop a waterside community.
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LendInvest backs Cambridge office project with £17m loan
LendInvest has provided a £17m development loan to finance a 30,000 sq ft office scheme in Cambridge, Property Week can reveal.
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UK resi investment falls 20% to £2bn in Q2
Investment in the UK residential sector was down a fifth to £2bn in Q2 2022 from the same period last year, according to data from CBRE.
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Gagné yields results from Hammerson’s strategy shift
Hammerson has beaten first-half forecasts with as chief executive Rita-Rose Gagné’s strategy shift resulted in a recovery in the retail property group’s fortunes.
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Segro continues to benefit from high demand and low supply of logistics space
Segro has reported a 10% rise net asset value during the first half of its financial year as the company continued to be boosted from high customer demand and low supply.
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BPF urges government to end 'downwards phasing' of business rates
The British Property Federation (BPF) is calling on the government to immediately reduce business rates for occupiers whose rents have fallen significantly and phase in increased rates for logistics sites.
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Hollis poll reveals key barriers blocking fresh talent joining the industry
A recent LinkedIn poll by Property Week on behalf of international real estate consultant Hollis revealed the main barriers to attracting future talent into the real estate industry.