All Property Week articles in 24 November 2023 – Page 4
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News
Former C&W head of hotel transactions rejoins CBRE
Global real estate adviser CBRE has appointed Rob Seabrook from Cushman & Wakefield as an executive director in its hotels capital markets team.
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Videos
Aldermore: Living sector offers opportunities for investors
John Carter, commercial director for Commercial Real Estate at Aldermore, spoke with Property Week to discuss the effects of the macro-economic environment on the sector.
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Insight
REdirect’s Stephanie Feigenbaum on what the UK proptech sector can learn from the US
Investment in the UK’s proptech sector is growing. Currently valued at more than £14bn, the sector is forecasted to reach around £71bn by 2032, as the number of start-up firms continues its upward trajectory to compete with the other 800-plus proptech companies operating in the market.
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Insight
LandTech’s Harry Quartermain on why measuring planning authorities is meaningless
The saying goes, ‘you can’t manage what you can’t measure’, and this is particularly apt when it comes to planning authorities’ performance.
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News
Property Week Digital Edition – 24 November 2023
How Seville’s efforts to become more sustainable and reach carbon neutrality by 2030 could provide an example for other European cities - Ofgem plans to power up delayed developments by changing rules on grid connection - Key takeaways from first remediation order granted under the Building Safety Act
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News
Savills’ second November auction raises £60m with year-to-date takings up 25%
Savills auction on Tuesday (21 November) was its highest-grossing of the year to date, raising £60m from the sale of 150 properties and representing a success rate of 75%.
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News
Peel Waters submits plans for 108,553 sq ft Salford I&L development
Peel Waters, Peel L&P’s waterfront development arm, has submitted plans for a 108,553 sq ft logistics and industrial development in Salford.
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News
London retail rents approaching pre-pandemic levels
Retail rents in London’s most popular shopping destinations are approaching pre-pandemic levels as the sector displays resilience in the face of inflation, high interest rates and falling consumer expendable income, according to Cushman & Wakefield’s 2023 ’Main Streets Across the World’ report.
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Online
NewRiver submits application for Essex resi scheme as occupancy hits record high
NewRiver REIT is seeking planning permission to demolish its shopping centre in Grays, Essex and develop a mixed-use scheme with 850-plus homes, which it plans to forward sell.
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Insight
Runway East’s Natasha Guerra why EPC and flexible workspace make great bedfellows
The prospect of more office buildings becoming obsolete as Energy Performance Certificate (EPC) rules change in the next few years is understandably making landlords nervous, but flexible workspace could provide a solution.
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News
Self-storage racks up strong results and investor interest
Solid Big Yellow and Lok’nStore results reflect sector’s resilience and countercyclical qualities for investors.
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Insight
Strike while the London iron is hot
Editor: Uma Rajah makes a compelling case for why ‘the capital always bounces back’ when it comes to prime central London (PCL) residential property. And the prime commercial market also now presents huge opportunities following the price corrections of the past 12 months.
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News
Ofgem’s energy grid review to kick zombies out of the queue
Experts welcome regulator’s plan to make it quicker for schemes to connect to grid by culling unviable projects.
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Professional
Going west in search of routes into a more diverse industry
Real Estate Balance regional forum saw South West professionals debate ways to make property more inclusive.
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News
Q&A: Marcus Geddes on the evolution of central London
The WPA chair discusses how shifting trends in the retail and office sectors are shaping Westminster.
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Professional
Q&A: Five minutes with Ben Chislett, group chief operating officer at LCP, part of M Core
Ben Chislett, group chief operating officer at LCP, part of M Core, on how he got started in the property industry, his top film and radio picks, his best and worst purchases and the superpower he wishes he had.
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Insight
WeWork’s failure was predictable but avoidable
Editor: The failure of WeWork, wounded by the hubris of its co-founder Adam Neumann and propped up by SoftBank until its losses were unsupportable, was entirely predictable to those of us old enough to recall Mark Dixon in his heyday building his vehicle, Regus.
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News
Forgotten but not gone: what’s not in the Autumn Statement
Every Budget or Autumn Statement is notable for the measures not announced as much as those presented at the despatch box.
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Professional
Key takeaways from the first Building Safety Act remediation order
The First-tier Tribunal’s recent decision to grant a remediation order for 2-4 Leigham Court Road, a former office block in south-west London converted to flats, has provided much-needed guidance on the interpretation of provisions under the Building Safety Act (BSA) 2022.
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News
Autumn Statement: ISAs to include LTAFs and open-ended property funds
The government is expanding the Innovative Finance ISA from April to include Long-Term Asset Funds (LTAFs) and open-ended property funds with extended notice periods, according to today’s Autumn Statement.