All Property Week articles in 23 October 2020
View all stories from this issue.
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Anchor Hanover snaps up two sites for new homes
Specialist care and housing provider Anchor Hanover has acquired land in Chelmsford and Uxbridge for the delivery of more than 150 new homes for over 65s.
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General Projects launches SME workspace in London’s Royal Docks
General Projects has launched Expressway, a small and medium enterprise workspace and light industrial hub in the Royal Docks area.
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Linkcity appoints Really Local Group to bring new entertainment venue to Canning Town
Cultural infrastructure developer Really Local Group has been appointed by developer Linkcity to bring forward Canning Town’s first cinema in Hallsville Quarter, Property Week can reveal.
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More business rate appeals filed in last six months than in previous three years
More business rate appeals were filed in the six months to 30 September this year than in the three years to 31 March 2020.
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Howard De Walden appoints Colliers to leasing team
The Howard de Walden Estate has appointed Colliers to its retail and leisure leasing team.
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Scottish government throws out Edinburgh luxury hotel plans
Scottish government ministers have thrown out an appeal for a 150-room luxury hotel in Edinburgh, claiming it would result in “considerable damage” to a location within the city’s UNESCO World Heritage Site.
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The office market outlook shows some positive signs
Can we be optimistic about the future of the office when homeworking continues to be our modus operandi with no end currently in sight?
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Hines appoints WeWork executive Ronen Journo as European head of operations
International real estate firm Hines has appointed WeWork executive Ronen Journo as European head of operations and senior managing director.
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Government launches rapid review into Croydon spending
The government is to conduct a rapid review into the London Borough of Croydon after a Public Interest Report raised serious concerns about the council’s financial management and commercial property spending.
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Grosvenor to invest in businesses across its estate
Grosvenor Britain Ireland has set up a fund to take stakes in retailers and restaurant operators to help them grow in a post-Covid world.
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Panattoni lets 117,000 sq ft Basildon warehouse to housing association
Developer Panattoni has agreed a 15-year lease with Swan Housing Association for its 117,000 sq ft speculative development in Basildon.
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Custodian REIT collects 88% of Q3 rent
Custodian REIT has collected 74% of rent due for the final quarter of the year and 88% of rent due for Q3.
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Supermarket Income REIT buys £53m Newcastle Sainsbury’s
Supermarket Income REIT has bought a Sainsbury’s supermarket in Heaton, Newcastle upon Tyne from the National Farmers Union for £53.1m, reflecting a combined net initial yield of 4.1%.
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Blackstone buys £473m Prologis portfolio
Blackstone has bought Prologis’ Platform portfolio for £473m in the largest UK warehouse investment sale on record.
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Moda Living and Apache appoint managing director of Moda Life Management
Moda Living and Apache have appointed Richard Smith as the managing director of Moda Life Management, the operational arm of the JV’s £2.5bn portfolio.
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78% industry worry market is in “downturn phase”
78% of the commercial property industry believes that the market is currently in a “downturn phase”, according to Royal Institute of Chartered Surveyors’ (RICS) Q3 2020 UK Commercial Property Survey.
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£600m in three years raised for Scotland’s life sciences sector
Over £600m has been raised for life science companies headquartered in Scotland in the last three years, according to data from Pitchbook and Savills.
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Five of UK housing’s biggest names to debate Covid-19 impact
Five of the biggest names in UK housing will be taking part in a special CEO debate on the impact Covid-19 on the sector at this year’s virtual RESI Convention on 10-11 November.
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First Base and Railpen acquire site for 250,000 sq ft mixed-use scheme in Cambridge
Developer First Base and RPMI Railpen have bought a three-acre site in Cambridge city centre with plans to develop a 250,000 sq ft mixed-use scheme.
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Stock market weekly: w/b 19 October
NewRiver and Hammerson see big rises in share price for the week beginning 19 October.