All Property Week articles in 25 September 2020 – Page 2
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New homes delivered through PDR must meet space standards
All new homes in England delivered through permitted development rights (PDR) must meet the nationally described space standard, the government has announced.
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Peter Freeman named as government’s choice for Homes England chair
Peter Freeman, co-founder of Argent, has been named as the government’s chosen candidate for the three-year role of chair of Homes England, the government’s housing delivery body.
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JLL launches service to help clients achieve net-zero ambitions
JLL has launched a net-zero carbon end-to-end service to help property investors and occupiers transition to become net-zero carbon organisations.
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Just over 12% of retail rents collected on September quarter day
UK retailers have paid just over 12% of rent for the last quarter so far, with commercial landlords scraping in just over 22% at quarter rent day on 29 September.
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Sir David Adjaye OBE to receive 2021 Royal Gold Medal for architecture
Sir David Adjaye will receive the Royal Institute of British Architects’ 2021 Royal Gold Medal, one of the world’s highest honours for architecture.
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Quarterly housing starts and completions lowest since record began
Q2 2020 saw the lowest number of new-build homes started or completed in England since records began in 2000, according to housing-supply figures from the ministry of Housing, Communities and Local Government.
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1.5-acre former BT depot site in east London sold to Taylor Wimpey
Telereal Trillium has sold Hackney TSCV, a 1.5-acre former BT depot site on Fish Island in Hackney Wick, to Taylor Wimpey.
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Government green homes scheme launches
Residential landlords and homeowners can now apply for a Green Homes Grant voucher as part of a £3bn plan by the government to improve the sustainability of homes.
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Avison Young cities index warns of slowdown in recovery
A new index measuring the economic activity of cities has found that the UK has significantly slowed down in its recovery after reaching a peak earlier this month.
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Prologis buys 4.5 acres of land for Croydon expansion
Prologis has bought 4.5 acres of land next to Prologis Park Beddington Lane in Croydon with plans to expand the industrial park.
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Three Mercure hotels up for sale
Mercure hotels in Worcestershire, West Yorkshire and Staffordshire have been brought to market with Colliers advising on behalf of owner Jupiter Hotels.
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Hardwicke Chambers takes 21,000 sq ft at One Gray’s Inn
Barrister firm Hardwicke Chambers has signed to take all the office space – 21,000 sq ft – offered at One Gray’s Inn in Holborn.
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Investment growth in UK manufacturing will cause a ripple effect on warehouse demand
Every £1bn UK manufacturing investment will require an additional 175,000 sq ft of warehouse space as a result of the ongoing pandemic, according to a report from Savills.
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Azora invests in Fifth Wall proptech fund
Madrid-based private equity real estate manager Azora has become latest global investor in Fifth Wall’s new European real estate technology fund.
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Mitsubishi Estate brings forward £250m Croydon scheme
Mitsubishi Estate has agreed a £250m funding package with mixed-use developer Menta to bring forward its regeneration project in Croydon.
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LGIM Real Assets receives forward funding for £81.5m Glasgow mixed-use scheme
LGIM Real Assets’ build-to-rent (BTR) fund has received forward funding for an £81.5m mixed-use regeneration scheme in Candleriggs Square, Glasgow.
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Inland Homes finalises two land sales
Brownfield developer and housebuilder Inland Homes has sold two parcels of land in the South East.
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Offr appoints UK head of agency
Proptech company Offr has hired Peter Everett as its new head of agency in the UK.
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Online
Grosvenor appoints a new head of investment
Grosvenor Britain Ireland has appointed Rachel Dickie as executive director of investment.
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Quadrant partners with AIMCo to acquire Nine Elms Park site
Quadrant has teamed up with Canadian institutional investor AIMCo to buy a site with planning permission for a 12-storey office development in the north-west corner of Nine Elms Park in Battersea.