All Property Week articles in 23 April 2021
View all stories from this issue.
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NewsNewcore Capital secures £22m facility from Rothschild & Co
Social infrastructure investor Newcore Capital Management has secured a £22m senior debt facility arranged by Rothschild Co for its £150m value-add fund.
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OnlineJLL confirms new Docklands office
JLL is set to take 38,000 sq ft at 20 Water Street, Wood Wharf to house its Docklands office.
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News3DApartment adopts new Matterport service
Apartment search platform 3DApartment has adopted Matterport Capture Services, a new service by the proptech giant.
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NewsSmyth Toys in Corby warehouse play
Smyth Toys has leased a 248,000 sq ft warehouse on Midlands Logistics Park in Corby, Northamptonshire.
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OnlineInvestors show growing appetite for food sector
The food sector has become “the new core” in retail property investment, according to a new Savills report.
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OnlineGreen light for 605,000 sq ft phase of PLP scheme
Industrial and logistics developer PLP has secured planning consent for the next phase of speculative development at PLP Bessemer Park, Sheffield.
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OnlineLiverpool leads in PBSA beds race
Liverpool has added the highest number of new purpose-built student accommodation (PBSA) beds of any city during the 2021-22 lettings cycle, according to new data from student accommodation search platform StuRents.
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OnlineUnite signs renewable wind power deal
Unite Students has committed to one fifth of its annual electricity coming from renewable wind power for the next five years.
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OnlineWHSmith set to open 100 new travel shops
WHSmith has said it plans to open 100 new travel stores after securing £325m in convertible bonds to fund its growth plans.
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OnlineMPs double down on calls for greater cladding funds
Parliament’s housing committee has made fresh calls for the government to recommit to the principle that leaseholders should not have to pay for the removal of unsafe cladding from their homes.
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OnlineHarrod’s luxury beauty store opens in Milton Keynes
H beauty, Harrods’ luxury beauty concept, has opened a 29,000 sq ft store at centre:mk in Milton Keynes, Buckinghamshire.
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NewsVirtual planning meetings must end next week, court rules
All virtual planning meetings must end next week, the High Court has ruled.
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NewsCovent Garden’s Verve building receives Fortwell loan for refurb
Specialist lender Fortwell Capital has completed an £18.75m value-add loan to refinance and refurbish the Verve building in Covent Garden, London.
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NewsDrug developer leases 62,500 sq ft of lab space at Loughborough Science Park
A drug developer has leased 62,500 sq ft of laboratory and office space at Charnwood Campus in Loughborough, Leicestershire, as part of its growth ambitions.
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NewsFirst Base secures planning for £175m Bristol mixed-use scheme
First Base has secured planning permission for a £175m mixed-use scheme in Bristol on the site of the grade II-listed Soapworks building.
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NewsClimate crisis: Head of ASI’s European logistics fund aims for ‘future fit’ portfolio
The head of Aberdeen Standard Investments (ASI) European logistics fund said he wants a “future fit” carbon neutral portfolio following the release of a positive set of results for the fund.
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OnlineBritish Land and Landsec offer up moratorium proposal
Two of Britain’s biggest landlords have joined forces to put forward their own solution to the current moratorium on enforcement action and accrued arrears.
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OnlineNursing home portfolio snapped up in first deal for £125m partnership
Allegra Care and Moorfield have inked the first acquisition in their newly-formed £125m nursing home partnership.
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OnlineUnibail-Rodamco-Westfield posts revenue slump
Unibail-Rodamco-Westfield (URW) has posted a sharp drop in revenue and warned that restrictions from Covid-19 have been “longer and tougher” than originally expected.
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NewsHuckletree hires financial director
Creative workspace Huckletree has hired Yvonne Eruteya as its new financial director.
