All Property Week articles in 22 May 2020 – Page 2
-
Online
Aviva Investors appoints head of transactions for European real estate business
Global asset management group Aviva Investors has appointed a new head of transactions for its European real estate business.
-
Online
Supermarket Income REIT forms JV to acquire stake in Sainsbury’s store portfolio
Supermarket Income REIT has formed a 50:50 joint venture with the British Airways Pension Fund to snap up a 25.5% stake in one of the UK’s largest supermarket portfolios.
-
Online
British Land’s portfolio value tumbles by £1.2bn
British Land has reported a £1.2bn slump in the value of its property empire as the Covid-19 pandemic takes its toll on the group’s embattled retail portfolio.
-
Online
David Atkins to step down as Hammerson chief executive
The chief executive of Hammerson has announced he is stepping down after ten years at the helm.
-
News
Major commercial agencies return to work
A number of leading property agencies have reopened their offices, with others preparing to do so in the coming days.
-
Online
Whitbread gets green light to rebuild popular Bristol hotel
Premier Inn owner Whitbread has secured planning permission to rebuild its Cribbs Causeway property after a fire in July 2019 damaged the 177-bedroom hotel and restaurant.
-
News
Industrial take-up could slump by 47% in 2020
UK industrial take-up for 2020 could slump by as much as 47% compared to 2019 if business circumstances are not back to normal by the end of the year.
-
News
Government launches £1bn fund for unsafe cladding removal
The government has launched a £1bn fund for the removal of unsafe non-ACM cladding on high-rise residential buildings.
-
Online
UK’s top hotel groups have 44% more debt than during credit crunch
The UK’s top 30 hotel groups have debt levels 44% higher than they had during the credit crunch, making it more challenging for the sector to weather the Covid-19 storm without help from the government, according to law firm Boodle Hatfield.
-
News
James and James completes letting at Liberty 196
E-commerce fulfilment services company James and James’s has signed the lease for Liberty 196, after Property Week last week revealed the letting deal was back on the table .
-
Online
Bleckmann confirms 186,000 sq ft letting
Bleckmann has confirmed it has taken a 186,000 sq ft unit at Gazeley’s Magna Park Lutterworth, as reported by Property Week last week.
-
Online
Grainger announces first chief information officer
Grainger has announced the appointment of Paul Glibbery as its new chief information officer.
-
Online
UK care home sector to face a “national bed crisis”, says Knight Frank
The UK’s care home sector is hurtling towards a “national crisis” with around 6,500 care homes, equating to 140,000 beds, are at risk of closure over the next five years, according to research from Knight Frank.
-
Online
Former Downing Street heavyweight joins Arcadis
A former planning minister and Downing Street special adviser has been appointed as a non-executive director of Arcadis, the design and consultancy group for natural and built assets.
-
Online
London office leasing slides but legal sector remains active
Take-up of office space in Central London slumped 66% in April compared to last year, as the Covid-19 pandemic took its toll on leasing deals.
-
Online
Imperial College ThinkSpace's I-HUB signs up Quell Therapeutics
Quell Therapeutics has taken 11,000 sq ft of bespoke laboratory and office space at the Translation Innovation Hub (I-HUB) on Imperial College’s White City Campus.
-
Online
Deliveroo teams up with industry experts to navigate recovery of restaurant sector
Food delivery service Deliveroo has teamed up with industry experts to accelerate the recovery of the restaurant sector.
-
Online
L&G completes the sale of London retail asset for £25m
Legal General (L G) has completed the sale of 36-46 St John’s Road near Clapham Junction for £25m, on behalf of its BMW (UK) Trustees fund.
-
Online
Reditum Capital arranges £10m bridging loan for The High Street Group
Reditum Capital has arranged a £10m bridging facility with The High Street Group for the development of a prime residential project in the centre of Newcastle.