All Property Week articles in 24 July 2020
View all stories from this issue.
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NewsArrowXL takes 85,000 sq ft at Enfield Distribution Park
Home delivery specialist ArrowXL has agreed a 10-year lease with asset manager Aberdeen Standard Investments (ASI) for an 85,000 sq ft unit at Enfield Distribution Park in north London
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OnlineOakland Holdings secures refinancing for Merchant Square in Belfast
Oakland Holdings has secured a refinancing for Merchant Square in Belfast.
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OnlineHenderson Park sells Dublin office asset for €94m
Henderson Park has agrees to sell a Dublin office block for €94m (£84.9m).
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OnlineEx-Brockton Capital execs launch Tokoro Capital with €100m in commitments
Two former Brockton Capital executives have launched a new real estate investment manager, which has just closed a fund with €100m (£90.4m) in capital commitments.
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OnlinePlanning application submitted for Edinburgh’s New Town Quarter development
Plans for one of the largest Edinburgh developments of recent years have been submitted.
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OnlineTradeRisks arranged £90m private placement for PBSA refurbishment
TradeRisks arranges £90m private placement for refurbishment of Kingston University student accommodation.
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OnlineCadogan portfolio suffers £580m value decline
Cadogan’s portfolio value slid by almost 10% in 2019, as troubles in the retail sector dented the historic London landlord.
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OnlineLarge companies now account for more than half of WeWork’s core revenue
Companies with over 500 employees accounted for more than half of WeWork’s core revenue for the first time in the second quarter of 2020.
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OnlineJohn Lewis looks to transform department stores into housing
Department store chain John Lewis is looking into repurposing some of its former stores to create mixed-use affordable housing.
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OnlineTui to close more than 166 high street shops
Tour operator Tui will close 166 high street stores across the UK and Republic of Ireland, as the firm said Covid-19 has accelerated the shift to online.
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OnlineRise in staycations major boost for ‘coast and country’ hotels
The vast numbers of UK holidaymakers opting for a staycation this summer is a trend set to continue in light of current international travel restrictions, according to Savills.
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OnlineASK Partners provides £25.5m loan against London residential development
ASK Partners has provided a £25.5m senior loan to private real estate investment firm Meadow Partners, secured against a completed residential-led development in Maida Vale.
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OnlineHotter Shoes to permanently close 46 stores as CVA gets green light from creditors
Creditors have approved footwear retailer Hotter Shoes’ company voluntary arrangement (CVA), meaning it will now shed its store portfolio from 61 stores to just 15.
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OnlineRDI creates new store for H&M to expand its presence in Harrow
Income-focused UK REIT RDI has signed a 10-year lease with H M for a new 9,500 sq ft store at St. George’s shopping centre in Harrow, north west London.
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OnlineL&G moves to turnover rents for retail and leisure tenants
Legal & General has developed a new turnover rent based commercial leasing framework that will be available to existing and future occupiers.
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OnlineLynda Shillaw to join Harworth as chief executive
Land regenerator Harworth has announced the appointment of Lynda Shillaw as its next chief executive, effective 1 November.
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NewsOrbit and ilke reveal plans for 25 affordable, modular homes
Modular housing company ilke Homes and developer Orbit Homes have revealed plans for 25 factory-built affordable homes in Wellesbourne, Warwickshire.
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OnlineTorus and Mulbury unveil plans for £69m Flowers Lane site in Crewe
Residential developer Mulbury and North West regeneration group Torus have submitted a planning application to build 400 new homes in Leighton, Crewe.
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OnlineMaven Capital Partners acquires Edinburgh site for 120-bed PBSA development
Property and private equity manager Maven Capital Partners has purchased a site in Edinburgh for the development of a 120-bed purpose-built student accommodation (PBSA) asset.
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OnlineGoogle reiterates commitment to the ‘landscaper’ development despite encouraging post-2020 homeworking
Google has reiterated its commitment to its new central London headquarters, despite allowing all of its employees to work from home until July 2021.
