All Property Week articles in 24 June 2022
View all stories from this issue.
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OnlineKorean car maker parks in Berkshire with new HQ deal
Korean car manufacturer Genesis has opened its first UK headquarters after agreeing a lease on offices in Maidenhead, Berkshire.
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OnlineHines sets net-zero goal across all its buildings by 2040
Hines has set a target of net-zero operational carbon by 2040 without purchasing carbon offsets.
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OnlineCapitalRise structure £15.6m loan for Surrey housing development
CapitalRise has provided a £15.6m loan for the acquisition and development of five luxury houses on a 27-acre gated site in Farnham, Surrey, Property Week can reveal.
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NewsSingapore investor buys £130m Gloucester Business Park from Brookfield’s ARC
Brookfield’s Advanced Research Clusters (ARC) has exchanged on the sale of Gloucester Business Park to Singaporean investor Straits Real Estate in a deal worth around £130m.
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OnlineManchester leaders to press government on ‘cut-price’ overground HS2 station
More than 50 political and business leaders are to lobby the government next week to reverse its decision to rule out an underground HS2 station in Manchester.
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OnlineHBD reveals new Birmingham apartment scheme
Developer HBD has revealed plans for its newest project in Birmingham, a 420-apartment scheme alongside a double-height winter garden, called ‘Neighbourhood’.
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OnlineHarris Associates announces global expansion with Edmund Tie
Property investment agency Harris Associates has announced it is expanding globally via a strategic partnership with consulting firm Edmund Tie. The move will give the agency a presence in several key Asian markets.
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NewsDominvs secures approval for 837-room two-hotel scheme in Nine Elms
Wandsworth Council’s planning committee has approved developer and investor Dominvs Group’s plans for a two-hotel scheme in Nine Elms.
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NewsGreen light for 1.4 million sq ft Sussex science park
A 1.4m sq ft science and technology Park at Burgess Hill in mid Sussex has been allocated in the area’s approved local plan.
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NewsCabot Square acquires majority stake in housebuilder Chartway Group
Cabot Square Capital has acquired a majority shareholding in Chartway Group, one of South-East England’s partnerships-based housebuilders.
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NewsUK BTR investment volumes leapt 11% in first half of 2022
Investment in the UK build-to-rent (BTR) sector in the first half of this year totalled £1.76bn, up 11% from the same period in 2021, research from CBRE has found.
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NewsEuro Pool system takes 10-year lease on Doncaster distribution facility
Reusable packaging company Euro Pool Systems has signed a 10-year lease agreement with Verdion for a 116,791 sq ft distribution facility at iPort, Doncaster.
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ProfessionalKnight Frank’s head of London sales steps down
Knight Frank’s head of London sales James Clarke will be stepping down from the role following a recent diagnosis of motor neurone disease.
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OnlinePIC and Octopus form retirement living JV
Pension Insurance Corporation (PIC) has committed up to £200m to a joint venture that will fund the development of around 10 new retirement communities across the UK in its first investment into the sector.
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OnlineInland Homes produces mixed half-year figures
Inland Homes has posted a rise in revenue for the six months to the end of March, but losses increase on the same period last year.
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OnlineCivitas produces solid annual figures
Civitas Social Housing has posted a 1.8% rise in net asset value (NAV) for the year to the end of March.
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NewsSchroder REIT disposes of industrial unit 33% ahead of book value
Schroder REIT has sold Southlink, a 26,975 sq ft single let industrial asset in Portsmouth for £6.5m, reflecting a net initial yield of 3.2%.
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NewsPaddington PBSA scheme hits the market for £55m
The University of London has placed a student accommodation scheme Lillian Penson Hall in the heart of Paddington on the market for £55m.
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NewsSalford’s Middlewood Locks granted £30m from Levelling Up fund
Homes England has agreed a £30m loan from the Levelling Up Home Building Fund to continue the Middlewood Locks regeneration project in Salford.
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NewsLush freshens up with new flagship store in Glasgow
Old Park Lane Management (OPLM) has leased a flagship Buchanan Street retail unit in Glasgow to British cosmetic retailer Lush.
