All Property Week articles in 23 September 2022 – Page 3
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Brookfield launches ARC Oxford in £1bn life science drive
Canadian private equity firm Brookfield has begun a new £1bn drive to create science-ready space in Oxford with the launch of ARC Oxford, the former Oxford Business Park.
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Investec provides £29m loan for industrial schemes in Peterborough and Aylesbury
Investec Real Estate has announced it will provide a 22-month senior development loan of £28.7m to industrial property developer Chancerygate to support the development of two industrial schemes.
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Catesby Estates appoints new land director for South of England
Catesby Estates has appointed Julian Wilkinson as area land director for the South of England.
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Hayes promoted to director of residential for Vita Group
Vita Group has bolstered its senior leadership team by promoting Russell Hayes to become director of residential.
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Amicala and Socius submit plans for 10-acre retirement development in Surrey
Amicala and Socius have submitted plans for a new retirement community at Members Hill in Weybridge, Surrey.
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Clearbell and Patrizia sell The Bower on Stockley Park to Sidra Capital for £74m
Clearbell Property Partners II and Patrizia have completed the £74m sale of The Bower in Stockley Park, West London, to Sidra Capital.
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Aviva to invest up to £110m in kerbside EV charging network
Aviva Investors is set to invest up to £110m in Connected Kerb, the electric vehicle (EV) infrastructure specialist.
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Investec agrees £28.7m loan to Chancerygate for two industrial developments
Investec Real Estate has provided Chancerygate with two 22-month senior development loans totalling £28.7m to support the construction of two industrial schemes.
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Sovereign Peveril JV submits plans for £500m Hertfordshire mixed-use scheme
Development joint venture Sovereign Peveril, the Borough of Broxbourne and Hertfordshire County Council have submitted planning for the £500m Brookfield Riverside development.
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Property podcast: AustralianSuper says climate change will have greatest influence on real estate values for the rest of our lifetime
AustralianSuper’s Head of European Property, Paul Clark, spoke to Blackstock Consulting’s founder, Andrew Teacher about establishing the Fund’s real estate presence in London and why working for organisations with purpose lends itself to long-term investment.
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Supermarket Income REIT checks out £84m supermarket deals
Supermarket Income REIT has paid CBRE Investment Management £84m for three grocery assets in Bristol.
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LXi cancels £500m Sainsbury portfolio buy due to ‘stock market volatility’
LXi REIT has cancelled its £500m acquisition of 18 Sainsbury stores due to “stock market volatility” just three days after agreeing the deal.
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Gilbanks to launch new flexible workspace at Aviva’s Manchester office
Luxury serviced office provider Gilbanks is set to launch a new 22,000 sq ft flexible workspace offering in Manchester’s central business district, Property Week can reveal.
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How to attract the best talent in a competitive market
With 69% of businesses around the world struggling to recruit the talent they need, it’s more important than ever to make your company as attractive as possible.
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Security threats to property and how to stay a step ahead
The threats faced by the property sector are varied and depend on a number of factors, including how good the security is. The pandemic has also reshaped some of these factors and changed threat levels.
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Abrdn’s AIPUT fund secures £350m debt financing
Asset manager abrdn’s AIPUT (Airport Industrial Property Unit Trust) fund has completed a £350m senior secured sustainability-linked credit facility that it said will enhance its responsible investing approach.
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Mace cuts gender pay gap, but ethnicity pay gap widens
Consultancy and construction firm Mace has revealed a 13.2% improvement in its median gender pay gap over the past year, from 36.4% to 31.6%.
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Mini-budget: Industry reacts to planning reform, tax cuts and investment zones
Chancellor Kwasi Kwarteng has said the government will introduce a planning and infrastructure bill to reform and “unpick the complex patchwork of planning restrictions and EU-derived laws that constrain our growth”, in a budget described by JLL UK chief executive Stephanie Hyde as “anything but mini” for real estate.
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CMA launches probe into GIC/Greystar’s Student Roost acquisition plan
The Competition and Markets Authority (CMA) has started an investigation of Singaporean investor GIC and US developer and manager Greystone Real Estate Partners’ bid to acquire Student Roost, the UK’s third largest purpose-built student accommodation provider.
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Derby retail hub announces trio of new lettings
Ted Baker, Søstrene Grene and 200 Degrees are the latest brands to join retail and leisure destination Derbion in Derby city centre.