All Property Week articles in 25 March 2022 – Page 3
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Insight
How is digital technology driving up quality to reduce waste in retail construction?
The last couple of years have been extremely challenging for the UK retail construction market, with a toxic mix of COVID, post-Brexit recruitment drains and inflation putting pressure on an already squeezed industry.
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Online
Canadian investment giant considers counterbid for McKay
Canadian investment giant Slate Asset Management may scupper Workspace’s takeover of McKay Securities after revealing it is considering a bid for the group.
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Online
Bellway faces macroeconomic and cladding challenges despite robust interims, claim analysts
Housing developer Bellway has posted a near 10% rise in half-year profit despite the ongoing impact of Covid-19 restrictions and rising material costs for the period.
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Online
Impact continues to see growth in care home sector as annual NAV rises
Impact Healthcare has posted a 2.6% rise in net asset value (NAV) for the financial year to the end of 2021.
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Online
NAV dips at Regional REIT
Net asset value (NAV) at Regional REIT nudged down during the year to 31 December, despite an increase in rent roll and portfolio valuation.
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Insight
Inflation-busting outlets will be retail’s shining light amid cost-of-living crunch
With the cost of living having recently rocketed by its fastest rate in 30 years due to soaring energy prices and rising inflation, millions are braced for what is being widely foreshadowed as the most financially bleak period in 60 years.
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Online
BossCast: Regal’s boss believes regeneration has to put communities first
Jonathan Seal, Regal London’s CEO, discusses the company’s unique approach to mixed-use development in the latest episode of BossCast, where the leading figures in global real estate share insight from their time at the top table with Blackstock Consulting founder Andrew Teacher.
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Online
ilke Homes’ to build 140 affordable homes in Hastings
Ilke Homes has been granted approval for 140 factory-built homes in Hastings, Kent.
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Online
Avanton plans £1bn BTR projects in London
Avanton is planning build to rent projects valued at around £1bn in London’s Old Kent Road and Wembley under its A:Living brand.
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Online
Aviva and Obayashi takes control of City of London scheme
Aviva Investors has completed a joint investment with Japanese construction group Obayashi Corporation to acquire the remaining 50% share in 20 Gracechurch Street in the City of London.
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Online
Strong rental growth set to continue in industrial and logistics sector
Rental growth in the UK industrial and logistics sector is set to continue to outpace both the office and retail sectors over the next five years, according to the latest research from Knight Frank.
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Online
Currys to vacate HQ in switch to flexible working for office staff
Currys has revealed it will switch to a hybrid working model for all corporate and commercial employees in the UK.
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Online
Oxford Properties buys seven logistics assets for £202.5m
Oxford Properties has acquired a portfolio of seven UK logistics assets from M&G UK for £202.5m. The deal was sourced through M7 Real Estate, which Oxford acquired in September last year to help accelerate its ambitions to build its European logistics portfolio.
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Online
BMO launches €800m European resi fund
BMO Real Estate Partners has launched a European residential fund targeting €800m (£666m) on investment.
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Online
Urban Logistics spends £72m on four deals
Last-mile logistics focussed REIT Urban Logistics has spent £72m on four assets in London, Warwickshire and Yorkshire.
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Online
Investec provides £11m loan on south-west London mixed-use scheme
Investec Real Estate has provided residential developer Style & Space with a £10.85m loan to fund the development of a mixed use residential and commercial scheme, in Earlsfield, south-west London.
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News
Arbitration bill ‘decisively deals with £7bn rent debt’ as eviction moratorium ends
Commercial landlords and tenants have broadly welcomed the end of the eviction moratorium as well as the introduction of an arbitration bill which has been described as “decisive government legislation to deal with the £7bn-plus rent debt accrued during the pandemic”.
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News
Masterchef judge to open Kensington restaurant
Celebrity chef Robin Gill has signed a lease to open a restaurant in Kensington.
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News
Trammell Crow Company receives green light for Sheffield shed
Trammell Crow Company (TCC) has received planning permission from Sheffield City Council to develop the former Betafence site at Shepcote Lane in Sheffield into a warehouse scheme.
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News
Knight Frank appoints new head of South East and Greater London offices
Knight Frank has appointed Roddy Abram as head of South East and Greater London offices.