All Property Week articles in 23 October 2020 – Page 2
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Colliers upbeat amid falling revenues
Colliers’ revenue fell by 6% relative to the same quarter last year according to its Q3 report, but the company expects its full year results “to be stronger than previously anticipated”.
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Bruntwood Works signs six businesses to Manchester flexible workspace
Bruntwood Works has welcomed six new businesses to Blackfriars, its new flexible workspace in Manchester.
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ilke Homes secures Northamptonshire development site
Modular housing company ilke Homes has secured a nine-acre site allocated for residential development in Rushden, Northamptonshire.
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Wroxall Abbey Hotel & Estate secures new tenant
Savills has agreed a new 100-year lease at Wroxall Abbey Hotel Estate in Warwickshire on behalf of a private client to Trinity Hotel.
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Cambridge’s smallest pub gets a new landlord
Cheffins has recently let St Radegund pub to Coldchain Bars on behalf of Cambridge United Charities.
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Heathrow Logistics Park fully let through double deal
Global investment manager BlackRock and property developer Graftongate have secured two lettings deals to take its Heathrow Logistics Park scheme to full occupancy.
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Future of three London LGBTQ+ venues uncertain
The future of three venues central to London’s LGBTQ+ nightlife remains uncertain as their owner has said the pubs will remain closed while restrictions are in place.
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Frontier Development Capital raises £75m for new debt fund
Alternative fund manager Frontier Development Capital (FDC) has closed its latest fund with £75m in commitments.
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Fresh Property Group appoints new CEO
Fresh Property Group has hired Jeremy Fletcher to take over as its new chief executive as Rebecca Hopewell leaves for retirement.
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John Lewis Oxford Street office conversion granted planning permission
The John Lewis Partnership has been given permission from Westminster City Council to convert almost half of its flagship Oxford Street department store into office space.
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M&G buys Fleet Place House for £111.7m
M G Real Estate has bought Fleet Place House in the City for £111.7m on behalf of an Asian investor.
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Trimont forms investor relations and reporting team
Trimont real estate advisors has created a global investor relations and reporting team, in a commitment to data reporting and technology.
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CEBR’s Vicky Pryce to discuss roadmap to economic recovery at RESI Convention
With the full picture of the economic impacts of the Covid-19 only just starting to emerge, attendees of this yea’s RESI Convention will be taken through a comprehensive forecast of what the picture looks like for businesses, regions and consumer confidence on the other side of the pandemic.
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Impact Healthcare REIT pays dividend after receiving 100% rent
Impact Healthcare REIT will pay an interim dividend of 1.57p per share, after receiving 100% of rent due at the beginning of October.
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Landsec appoints Grainger’s CFO
Landsec has appointed Grainger’s chief financial officer to the same role.
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S&P Global Ratings publishes first ever ‘Green Financing Framework Alignment Opinion’
S P Global Ratings has published its first ever ‘Green Financing Framework Alignment Opinion’ (GFFAO), for the Hong Kong-based real estate firm CIFI Holdings.
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Whitbread’s revenue plummets 77%
Whitbread’s statutory revenue for H1 this year has plummeted 77% compared to the same period last year due to the forced closure its hotels and restaurants during lockdown.
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Keepmoat Homes secures bid 425-home Weston-super-Mare scheme
Keepmoat Homes has secured its bid for a 425-home scheme at Parklands Village in Weston-super-Mare following a year-long process from North Somerset Council.
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Alternative Income REIT says Glenstone’s bid for shares “undervalues” firm
Alternative Income REIT has responded to a cash tender offer from Glenstone Property, saying the price offered “significantly undervalues” the company.
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Green light for visitor centre that will showcase Elizabethan theatre remains
A new visitor centre at The Stage in Shoreditch that will showcase the remains of the Curtain Playhouse, where Shakespeare performed, has been given the green light.