All Property Week articles in 25 November 2022 – Page 2
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News
SEGRO launches community investment plans
Warehouse giant SEGRO has launched community investment plans it claims will provide economic and social benefits for thousands of people in the communities closest to its operations.
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News
Home REIT delays annual results release
Home REIT has delayed the release of its full-year results for the period to 31 August 2022, due today, following criticism from investigative financial research group Viceroy Research.
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News
Overseas investment into London ‘solid but challenging’
London’s appeal to overseas investors remains solid, but the UK’s economic troubles are bringing “challenges”, property experts have told Property Week.
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News
Mortgage approvals decline ‘no cause for alarm’
The Bank of England (BoE) Money and Credit statistics have revealed mortgage approvals for house purchases decreased by 10%, from 66,000 in September to 59,000 in October.
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News
Greenlight for Freshwater’s 11-storey Croydon office tower
Developer Freshwater has been given the go-ahead to build a 175,000 sq ft office scheme opposite East Croydon station.
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News
Government launches £1bn ECO+ home insulation scheme
The government has announced a £1bn scheme to improve energy efficiency in British homes and save households an estimated £310 a year on energy bills.
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News
Urban Logistics signs up 2Excel for 56,000 sq ft Peterborough shed
Last mile-focused specialist Urban Logistics REIT has let a 56,385 sq ft warehouse unit in Peterborough for 15 years to logistics and road haulage group 2Excel Logistics.
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News
Aviva Investors invests £80m in social housing provider CKH
Aviva Investors, the global asset manager of insurance giant Aviva, has undertaken an £80m placement in Cross Keys Homes (CKH), a social housing association based in Peterborough.
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News
Shaftesbury enjoys post-pandemic bounce back
West End landlord Shaftesbury has experienced a sharp post-lockdown bounce back with net tangible assets (NTA) and property values rising in the year to the end of September.
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Online
Crown Estate strikes 25,000 sq ft office deal in London’s West End
The Crown Estate has completed a 25,000 sq ft office letting to private equity firm Bregal Investments at its AirW1 development on Air Street in London’s West End, Property Week can reveal.
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Online
LendInvest seeks £300m for new fund
LendInvest is to launch an open-ended fund seeking to raise £300m, with more than £200m in capital already committed from investors.
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News
Quarter of UK homes for sale see asking prices reduced
Zoopla, the online real estate platform, said 25% of UK homes for sale have reduced asking prices, with one in 10 homes seeing a price reduction of 5% or more since September 2022.
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News
Milligan shifts to ‘new breed’ of developer with leadership restructure
Developer Milligan has unveiled a major leadership restructure which sees founder John Milligan named as executive chairman and Stuart Harris replacing him as chief executive.
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News
Plans revealed for 800,000 sq ft Edinburgh office development
Plans have been put forward for one of Edinburgh’s biggest-ever office developments, featuring more than 800,000 sq ft of workspace and the largest electric car charging hub in Europe.
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News
Levelling up minister to step down as MP
Levelling up minister Dehenna Davison has announced she will be stepping down as an MP at the next general election.
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News
Cluttons appoints Kevin Scully as partner
Kevin Scully has joined Cluttons as partner, taking responsibility for commercial valuations in the North East.
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News
Colliers downgrades its 2022 total returns forecast
Colliers has downgraded its 2022 total returns forecast from 5.9% to -5% amid downgraded GDP predictions, higher gilt rates, base rate uplifts and accelerated outward yield movements.
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Online
JLL and Industrials REIT scoop Proptech gongs
JLL and Industrials REIT were among the key winners of the 2022 UK PropTech Association (UKPA) Awards held in London last week.
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News
Planning permissions for housebuilding at lowest rate in seven years
Planning approvals granted for homes in England are at their lowest rate since March 2015, according to data from real estate adviser Savills.
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Insight
Harris Associates’ Jonathan Harris on why previously ‘too hot’ sectors are now ripe for investment
Despite the volatility experienced within the property industry due to the uncertainty of the UKs political and economic status, this as an opportune moment to invest into UK real estate.