All Property Week articles in 23 September 2022
View all stories from this issue.
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News
Housebuilder stocks hit by market turmoil
A sharp fall in the share prices of leading housebuilders including Taylor Wimpey and Barratt Developments since Friday could precede an uncertain period ahead for the sector, say industry observers.
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News
Mitheridge and London Green reveal Lambeth mix-use plan
Real estate investor Mitheridge Capital Management and developer London Green have unveiled plans for a residential-led, mixed-use development in Lambeth, south London.
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Property Week to welcome trio of top-flight writers
Three experienced business journalists are to join the Property Week team in October.
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News
Canary Wharf Group secures £100m sustainability-linked credit facility
Developer Canary Wharf Group (CWG) has agreed a £100m sustainability-linked revolving credit facility as part of a wider financing deal with Deutsche Bank and Société Générale.
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QCP Real Estate spends £35m on Loughborough’s historic Falcon Works
Alternative investment manager Quilvest Capital Partners (QCP) has acquired Falcon Works, a 53-acre multi-let industrial estate in Loughborough, from industrial conglomerate Melrose for around £35m.
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MGAC|RLF hires Gilhawley as London office director
Project management consultancy MGAC|RLF has recruited Mark Gilhawley as a director in its London office to lead on hotel and hospitality projects in the UK and Europe, and support growth in North America.
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Camden Market owner LabTech welcomes Camden Coffee Roastery
LabTech, owned by Israeli billionaire Teddy Sagi, has added Camden Coffee Roastery to the roster of tenants at Camden market in north London.
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The Portman Estate becomes first to achieve B Corp certification
The Portman Estate, which comprises 110 acres of Marylebone in London’s West End, has been announced as the first such estate to become B Corp certified.
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St. Modwen hires James Cooper to head specialist transactions team
Logistics developer and manager St. Modwen, owned by private equity giant Blackstone, has appointed James Cooper as the head of transactions team focused on growth through investment in new opportunities.
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Online
GPE updates on leasing deals
Great Portland Estate has signed 38 new leases and added £10.3m in annual rent in the three months since the end of June.
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Microscope Ball raised a record amount for Muscular Dystrophy UK
After a cancellation in 2020 and reduced numbers in 2021, over 740 leading companies from the property industry made their way to the Hilton Park Lane for the sold out 38th Microscope Ball.
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News
Tritax Symmetry secures Yodel letting on Merseyside
Yodel Delivery Network has signed a 15-year lease with Tritax Symmetry to take the first speculative unit at Symmetry Park, Merseyside, to improve its distribution network across the North West.
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News
Kent distribution warehouse on the menu for Albion Fine Foods
The ingredients supplier has agreed a lease with warehouse developer Goodman for a 138,062 sq ft distribution centre at Crossways Commercial Park in Dartford, Kent.
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Springfield Properties puts pause on affordable-housing contracts
Scottish-based housebuilder Springfield Properties has suspended its affordable-housing contracts as it awaits clarification from the Scottish government about its rent-freeze policy.
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Share prices of property firms tumble amid mini-Budget turmoil
The share prices of major property firms have plummeted this week as investors reacted to the government’s controversial tax cuts, a run on the pound and a growing expectation of interest rate hikes through the autumn.
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St Helens town-centre regen gets green light
English Cities Fund will now draw up detailed designs for the town-centre masterplan
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News
Savills and CBRE appointed to sell 32 Wetherspoon pubs
Pub operator JD Wetherspoon has announced the appointment of Savills and CBRE to sell 32 of its pubs across England.
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News
Maybrook buys South West industrial sites for £5.5m
Maybrook Properties has completed the purchase of two industrial sites in the South West for a total of £5.5m.
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News
Cushman & Wakefield appoints new EMEA advisory lead
Michael Carson has been appointed as EMEA supply chain and logistics advisory lead at Cushman & Wakefield, where he joins from Libra Europe Consulting.
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Quintain raises £227m for build-to-rent development in Wembley
Quintain has secured a £227m financing deal to build 769 build-to-rent homes at Wembley Park in north London.