All Property Week articles in 24 April 2020 – Page 2
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Custodian REIT slashes future dividend and withdraws from acquisition of two offices due to Covid-19
Custodian REIT has slashed its future dividend predictions and withdrawn from the acquisition of two regional offices on which terms had been agreed due to the coronavirus.
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Persimmon postpones dividend as sites begin to reopen
Persimmon’s sales figures remain strong as the housebuilder’s construction workers begin to return to work.
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Hammerson’s shareholders vote against director
Almost a quarter of Hammerson’s shareholders have rejected the re-election of Pierre Bouchut as a director at the business’s AGM today.
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Stock market summary: 28th April
The FTSE all share closed up 2% as Regional REIT sees a 13% jump in share price.
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Liverpool football stadium expansion postponed for a year
The expansion of Liverpool football club stadium has been paused for at least at least a year because of the coronavirus pandemic.
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Croydon council developer submits plan for 374 homes
Croydon council-owned developer Brick By Brick has submitted plans for 24 schemes comprising 374 homes on small sites in Croydon.
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New campaign calls on government to support retail and hospitality sector
Leaders and businesses from across the real estate sector have joined forces to launch the #RaiseTheBar campaign, which calls on the government to boost support for businesses in the retail, hospitality and leisure sector.
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Savills UK acts on £436m of land sales in first quarter
The development team at Savills UK acted on a combined £436.5m of land sales during the first quarter of 2020.
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Plans submitted for 129 apartments on Manchester canalside
CERT Property and Heatley Developments have submitted a planning application for a scheme comprising 129 apartments in Manchester’s Royal Canal Works.
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Countryside and Clarion Housing Group given green light for Ebbsfleet Garden City village
Countryside and Clarion Housing Group have been given planning permission for the first phase of a new village for Ebbsfleet Garden City in Kent.
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CBRE GI taps up Asda supermarket for £32m
CBRE Global Investors is poised to buy an Asda supermarket in Basingstoke, Hampshire, for around £32m.
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Supermarket Income REIT hits revised share placing target
Supermarket Income REIT has raised £139.8m in a new share placing after investor demand drove the business to up its target fundraise by more than £100m.
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L&G announces £150m first phase of Sheffield regeneration scheme
Legal General will spend £150m completing the first phase of a central Sheffield regeneration scheme.
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Former Hyde Group boss joins ReSI
Residential Secure Income (ReSI) has appointed former Hyde Group chief executive Elaine Bailey as an independent non-executive director of the company.
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Lok’nStore increases dividend as revenue jumps
Self-storage firm Lok’nStore announced an increase in its dividend as six month revenue jumped 5.3% in its interim results.
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Consent given for Tileyard Studios’ flex workspace expansion
Pilbrow Partners has received planning consent for a 70,000 sq ft flexible workspace scheme as an addition to Tileyard Studios.
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Greggs plans to reopen shops
Greggs plans to reopen 20 shops in the Newcastle area from next Monday, with more to follow across the country.
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Green light for St Modwen warehouse near Gatwick Airport
St Modwen has received planning permission for a 64,000 sq ft warehouse near Gatwick Airport.
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Travelodge landlords come up with alternative proposals
Landlords are coming up with alternatives to Travelodge’s proposed rent payment plan, tipped by Property Week last week .