All Property Week articles in 23 March 2018
View all stories from this issue.
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VideosTravel retail review: Simon Black
Property Week speaks to the director of Harper Dennis Hobbs’ travel retail team, Simon Black, about the travel retail ‘growth bubble’ away from wider retail struggles and whether airports and rail stations can continue their growth as retail destinations.
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NewsSecretary of State signs off Dunsfold Park development
Dunsfold Park’s planning application to build 1,800 homes at the Dunsfold Aerodrome has been approved having been called in by the secretary of state for housing, Sajid Javid.
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OnlineGreen light for Audley to develop debut Mayfield scheme
Audley Group has received planning permission from Watford Borough Council to develop the first site for its new mid-market offering, Mayfield Villages.
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OnlineMcKay cancels last remaining interest rate swap
McKay Securities has announced the cancellation of the group’s last remaining interest rate swap at a cost of £13.4m and a £10m increase to its existing debt facility with Aviva Investors.
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OnlineGovt shrinks estate further to secure £620m in capital receipts
The size of the government’s estate fell for the eight consecutive year in 2017, according to the annual State of the Estate report.
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NewsTrio of fashion retailers land at Coal Drops Yard
Coal Drops Yard has announced a trio new of fashion retailers have signed to open stores at the site when it launches later this year including a debut permanent store for Form and Thread.
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OnlineCollective instructs agents to review options for Old Oak
The Collective has begun a strategic review of its options for the Old Oak scheme after doubts were cast over the sale to Red Door Ventures, Newham Council’s private build-to-rent development company.
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OnlineHMRC confirms New Bailey for Manchester hub
The Government Property Unit (GPU) has confirmed New Bailey as the location for the first phase of its Manchester office hub signing a 157,153 sq ft lease to be occupied by HMRC.
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OnlineGet Living unveils plans for £180m Leeds BTR scheme
Build-to-rent operator Get Living has unveiled plans for a £180m BTR scheme on a five-acre site at Globe Road in Leeds.
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NewsTaunton council reveals plans for town centre redevelopment
Taunton Deane Borough Council has revealed its plans for a mixed-use redevelopment scheme in the centre of the Somerset town.
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NewsWestbourne gets green light for Regent’s Park resi scheme
Westbourne Capital Partners has achieved planning consent for a 28-unit residential scheme in Regent’s Park, as well as 42 affordable homes in St John’s Wood.
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OnlineMeininger makes Scottish debut with L&G developed hotel
LGIM Real Assets has announced plans to develop a new hotel in Glasgow city centre which has been pre-let to Meininger Hotels on a 25-year lease for its Scottish debut.
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NewsFdR in discussions for £750m Principal Hayley portfolio
Foncière des Régions is in exclusive discussions to buy the 14-asset Principal Hotels Company from Starwood Capital, which is believed to be worth around £750m.
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NewsPRS REIT posts maiden results following £250m IPO
PRS REIT has posted its maiden results since its IPO last year reporting a net asset value of £245.5m.
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OnlineCity Hall development lead joins L&Q to spearhead new homes drive
Housing association and developer L Q has appointed the Greater London Authority’s executive director of development Fiona Fletcher-Smith as its new group director for development.
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OnlineInland reveals plans for its biggest scheme yet at former Tesco HQ
Inland Homes has submitted a planning application at Cheshunt Lakeside in Broxbourne, Hertfordshire, for up to 1,853 homes and around 190,000 sq ft of commercial, retail, community, leisure and education space.
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OnlineFTSE returns above 7,000 as trade war fears ease
The FTSE 100 bounced back from 15-month lows on Tuesday as fears of a global trade war eased and shares in McKay Securities jumped almost 11% on news of a major letting.
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OnlineStudent Roost founding chief exec to step down
Student Roost has appointed Nathan Goddard as its new chief executive taking over the role from founding chief Tim Butler.
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Cushman seeks advisors as it tees up IPO this year
Cushman Wakefield has kicked off a bid to float on the New York Stock Exchange in a move that could see the firm become one of the world’s largest listed property agencies.
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OnlineHondo emerges as Brixton Markets owner after Market Villages flips pre-emption rights buy
US investor Hondo Enterprises has emerged as the ultimate buyer of Brixton Markets after Market Villages flipped ownership of the leasehold having exercised its pre-emption rights.
