All Property Week articles in 24 September 2021
View all stories from this issue.
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Online
LCR makes 10 new appointments
Government-owned regeneration company LCR has made 10 new appointments including two new regional directors, hired to extend its reach across the UK and facilitate the delivery of tens of thousands of homes.
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Investcorp acquires £32.6m of UK industrial assets
Investcorp has acquired seven UK industrial assets for £32.6m from Custodian REIT.
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RICS cuts ties with Fieldfisher and issues public apology to wronged NEDs
The Governing Council (GC) of the Royal Institution of Chartered Surveyors (RICS) has cut ties with its external legal advisors, set out details for a new independent review and publicly apologised to four non-executives who were wrongly dismissed.
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Palace Capital disposes of Circle Property holdings
Palace Capital has disposed of its entire shareholding in Circle Property.
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Savills brings Liverpool hotel to market
Savills has brought a hotel on 30 James Street to market.
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News
AEW UK secures approval from Bristol Council for Hengrove redevelopment
AEW UK Core Property Fund’s (AEW) outline application for the proposed redevelopment of Hengrove Leisure Park has been approved by Bristol City Council.
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North Star buys Sheffield site for resi scheme
North Star has bought a site in Sheffield city centre that has planning permission for more than 220 new homes and commercial space.
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M7 Real Estate plans to list £120m shed portfolio on IPSX
M7 Real Estate is planning to list a £120m warehouse portfolio on IPSX.
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Climate minister hints at inclusion of embodied carbon in Heat and Buildings Strategy
Embodied carbon will be factored into the government’s forthcoming Heat and Buildings Strategy, a government minister has suggested.
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The property finance market is embracing technological innovation
From land sourcing to valuations, from buying to renting, many segments of the real estate market have been dramatically overhauled by a new wave of tech innovation.
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Alternative Income increases dividend as NAV and annual profit improves
Alternative Income REIT posted a swing to profit for the year to 30 June 2021 as it credited its performance to a resilient portfolio and robust rent collection.
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Tritax Big Box raises £300m to fund acceleration of development programme
Tritax Big Box REIT raised £300m through the issue of 147.1 million shares at 204p each.
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Supermarket Income REIT plans £100m raise to fund investment
Supermarket Income REIT said it intends to raise £100m through the issue of shares at 115p each.
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Henley Camland reveals series of deals at Whitecliffe
Henley Camland, part of the Henley Investments private equity firm, has announced a series of deals at its largest project Whitecliffe.
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Morrisons goes to auction
Morrisons will go to auction this Saturday as the battle to acquire the ‘big four’ grocer draws to a close.
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Aberdeen raises £125m for logistics pipeline
Aberdeen Standard European Logistics Income said today that it has raised £125m of equity to invest in a “sizeable pipeline of investment opportunities”.
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LandAid partners with StreetSmart for the homeless
Two industry homelessness charities LandAid and StreetSmart have announced a new partnership, in which both groups will raise money for the unhoused over the winter period.
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Sencap gets planning permission for Manchester mixed-use scheme
Sencap has received planning consent for a mixed-use scheme in Chorlton, Greater Manchester.
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The Mall at Cribbs Causeway signs two new stores
The Mall at Cribbs Causeway in Bristol has signed two new tenants for its retail scheme.
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Surge in Next sales places ‘considerable pressure’ on its warehouses
Fashion retailer Next has said the surge in sales in its online business has placed “considerable pressure” on its warehouse facility, as the group raises its profit guidance to 10% up from 6%.