All Property Week articles in 23 July 2021 – Page 4
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Online
Schroder European REIT collects 94% of Q3 rent
Schroder’s European REIT collected 94% of rent owed for the June quarter.
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Online
Admiral Taverns to buy NewRiver’s Hawthorn Leisure business for £222m
NewRiver REIT has sold its Hawthorn Leisure pubs business to Admiral Taverns for £222.3m.
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News
Unite submits plans for eco Paddington scheme
Unite Students has submitted plans for its first “fully net zero carbon” student accommodation scheme in Paddington, London, Property Week can reveal.
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News
Old House Group secures loan for Belgravia resi conversion
Old House Group has secured a £6.4m loan from CapitalRise to fund a luxury residential conversion in Belgravia, London, Property Week can reveal.
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News
Bond Wolfe raises £29m at July sale
Birmingham auction house Bond Wolfe has raised £29.3m at its 21 July sale, selling 222 properties from a 231-lot catalogue.
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News
Two former care homes with ‘redevelopment potential’ tops Savills August catalogue
A duo of former care homes in Wendover, Buckinghamshire have topped Savills latest catalogue for its August sale.
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News
Upper Trinity Street signs up Museum of Youth Culture
Cole Waterhouse has signed the first occupants at the £260m Upper Trinity Street (UTS) mixed-use scheme, including the world’s first Museum of Youth Culture.
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Professional
Green light for JTP and Joseph Homes’ 1,500-home Gravesend scheme
JTP and Joseph Homes have been given the go-ahead to develop a 1,500-home mixed-use scheme in Gravesend.
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News
Frontier Estates secures consent for Haywards Heath care home
Frontier Estates has received approval from the Mid Sussex planning committee for a 67-bed care home in Haywards Heath.
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Professional
WMCA signs 5,000 ‘low energy’ homes deal with St. Modwen
The West Midlands Combined Authority (WMCA) has signed a partnership deal with property developer St. Modwen to build 5,000 low-energy homes on disused industrial land over the next decade.
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Professional
Native Land makes ‘fossil fuel-free’ pledge at £2.5bn Bankside Yards scheme
Native Land has pledged to make its £2.5bn Bankside Yards scheme the “UK’s first fossil fuel-free major mixed-use development”.
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Professional
UK retail property investment could reach highest level since 2017
Investment in the retail property market for the whole of 2021 could exceed £6bn, the highest level since 2017, Knight Frank has forecast.
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Professional
Regal London acquires Hackney plot for £65m mixed-use scheme
Regal London has snapped up a plot of land in Hackney, east London for a residential-led, mixed-use scheme with a GDV of £65m.
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Professional
WeWork hands over WeLive
WeWork has handed over management of its US WeLive co-living centres to the owners of the two buildings where the brand operates.
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News
Ted Baker signs for ‘gorgeous’ new HQ
Ted Baker has signed a pre-let for 30,000 sq ft of office space for its new global headquarters at 101 Cleveland Street in the heart of Fitzrovia.
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News
Town Centre Securities reaches agreement on 91% of rent due
Town Centre Securities (TCS) has reached an agreement on 91% of rent due for Q2 2021 across its portfolio in England and Scotland.
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News
Workspace hires former Schroders global head of real estate in non-executive role
Workspace Group has hired Schroders former global head of real estate, Duncan Owen, as non-executive director, joining Workspace’s audit and nominations committees.
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News
Morrisons takeover deal fees to hit a reported £312.5m
The £6.3bn takeover of Morrisons by American investment firm Fortress could mean a £312.5m payday for the bankers and advisers working on the deal.
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News
Shed investment sees Harworth’s EPRA NDV ‘materially ahead’ of forecast
Harworth has said EPRA NDV as of 30 June 2021 will be materially ahead of the current analyst consensus for 31 December 2021 due in part to part to the buoyancy of the sheds sector.
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Insight
‘Pingdemic’ causes more construction turbulence
Editor: With an increasing number of construction workers having to isolate due to being pinged by the Covid app, the industry could be in for a rough month or so until the guidance changes in mid-August.