All Property Week articles in 23 October 2020 – Page 4
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Q3 commercial rent collections reach 77% on day 21, according to research
Q3 commercial rent collections have reached 77% at the 21-day point, according to research from Cushman Wakefield.
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Inland Homes expects revenue of £135m
Inland Homes expects its revenue for the year to 30 September to be no less than £135m amid the “inevitable disruption” caused by the Covid-19 pandemic.
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Student accommodation developer Unite appoints new chairman
Student accommodation developer Unite has appointed Richard Huntingford as chairman, to replace Phil White who will step down on 31 March 2021.
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Urban Catalyst appoints Paul Shadarevian to board of new sister company
Urban Catalyst has appointed Paul Shadarevian to the board of its new sister company.
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Grosvenor appoints 360Retail on Liverpool ONE
Grosvenor has appointed 360Retail as lease consultants on Liverpool ONE.
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Big retailers insist on local lockdown clauses
Some big-name retailers are insisting on clauses in new leases which halve rent payments if a local lockdown forces the shop to close.
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Propertyshe Perspectives: Goodbye BST, Welcome collaborations and initiatives from Central London Alliance, City’s London Recharged report, MDRxTECH, and Grosvenor’s Power to Young People
The clocks go back this weekend so we’ll be waving a final goodbye to our British summer which has helped keep spirits up over the last few months.
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Wincanton leases 248,000 sq ft Bristol shed for Hinckley contract
Wincanton has leased a 248,000 sq ft industrial unit in Avonmouth, Bristol from Logicor as part of the logistics operator’s contract on EDF Energy’s Hinckley Point C nuclear power station.
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Birchgrove buys Banstead Place in Surrey
Retirement living operator Birchgrove has acquired Banstead Place in Surrey.
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Hammerson appoints new director of Ireland
Hammerson has announced Connor Owens as its new director of Ireland.
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Stenprop posts 58 new lettings in third quarter
Multi-let industrial firm Stenprop has posted 58 new lettings bringing in £1.48m a year of new rental income for the three months to 30 September.
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DAS UK relocates to Bristol’s Trinity Quay
DAS UK is relocating its Bristol offices to a 38,000 sq ft space at NatWest’s 2 Trinity Quay.
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Spacemade brings former Central Working operations head on board
Spacemade has appointed former Central Working director of operations Rowan Hartley as its new head of operations.
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WeWork appoints agents to boost corporate membership in London
WeWork is stepping up efforts to sign large corporates by appointing JLL and CBRE to help it broker deals for offices across London, Property Week can reveal.
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Newbury Showground owner in talks with Savills over potential sale
The owner of the Newbury Showground has brought in Savills to discuss the possibility of selling the 177-acre site in Berkshire after revealing last month its finances were “not in good shape”.
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Homeware and fast food tops retail sales in Q3
Fast food, homeware and jewellery sales are up in the first three full months since the reopening of the retail sector, according to data from Savills.
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Global Mutual and Savills take over Intu Braehead
Intu Braehead in Scotland will now operate under the management of Global Mutual and Savills.
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Empiric Student Property reports occupancy drop off and domestic student increase
Empiric Student Property has reported occupancy levels of 70% across its portfolio but has seen an uptick in domestic students living in its buildings in the 2020/21 academic year.
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Knight Frank identifies top five areas in the UK prime for major development
Surrey Heath, Tameside, East Hertfordshire, Fareham and Chesterfield are the top five areas across the UK which are prime for major development, according to research from Knight Frank.
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£1bn Kensington Forum regeneration given green light
The Greater London Authority has given Queensgate Investments and Rockwell the green light for the £1bn regeneration of Kensington Forum.