All Property Week articles in 26 February 2021 – Page 2
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Urban Logistics provides £23m forward funding for logistics assets
Urban Logistics is pumping £23m of forward funding into two development sites.
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Persimmon returns to pre-Covid build levels and commits to 2019 dividend level
Housebuilding giant Persimmon saw profit drop by a quarter last year as the pandemic affected the number of new houses it could build.
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“Green premium is clear” - Aviva Investors ESG boss tells property podcast
The finance community must work hand-in-hand with Government if Britain is to make good on its climate pledges, Aviva Investors head of ESG has told Britain’s leading property podcast.
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LabTech appoints John Perkins as retail asset manager
LabTech has appointed John Perkins as a retail asset manager for the firm’s 580,000 sq ft Hawley Wharf retail and leisure development in Camden, as well as its other Camden schemes.
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OakNorth Bank completes £10m investment facility with L1 Capital
OakNorth Bank has completed a £10m investment facility with investment manager L1 Capital.
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UK’s ‘first LGBT+ retirement community’ to open this year
In a UK first, Tonic Housing is opening an LGBT+ retirement community in Lambeth, south London, later this year.
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Mayor of London intervenes over Hondo Brixton office tower
Mayor of London Sadiq Khan has taken over as the local planning authority on a Hondo planning application for a 20-storey office tower in Brixton, south London.
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Pluto Finance targets £600m in new lending
Specialist residential development lender Pluto Finance is targeting £600m in new lending over the course of this year, following the repayment of £300m from its loan book in the past six months.
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Aldi eyes more London stores
Discount supermarket chain Aldi is to inject £22m into its expansion plans as it looks to open new sites or upgrade existing stores across London and the M25 this year.
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Gerald Eve appoints Bobby Barnett as partner
Gerald Eve has appointed Bobby Barnett as a partner in the firm’s capital markets team.
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Hortons’ Estate to develop new retail park in Sandwell
Hortons’ Estate has received planning approval to deliver a 65,000 sq ft retail park in Oldbury, Sandwell.
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BCLP advises KKR on £291m PBSA sale to Greystar
Law firm BCLP has advised investment firm KKR on a £291m sale of student accommodation assets to Greystar.
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Cripps Pemberton Greenish elects Mike Scott as senior partner
Mike Scott has been promoted to a senior partner at Cripps Pemberton Greenish.
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ING and LBBW refinance 110 Bishopsgate
ING and Landesbank Baden-Württemberg (LBBW) have completed a £400m, five-year loan refinancing at 110 Bishopsgate in the City of London.
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Student accommodation letting activity down 5%
Student accommodation lettings for the 2021-2022 academic year are down by 5% year on year, according to StuRents.
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Barings appoints JLL to Landmark’s leasing team
Barings Real Estate has appointed JLL to the leasing team of its 180,000 sq ft Landmark development in Manchester.
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Hadley appoints David Montague as non-executive director
Hadley Property Group has appointed David Montague as a non-executive director.
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QSix appoints ex Heylo CEO to lead affordable home ownership business
QSix has appointed Nick McAlpine-Lee to establish and lead its new affordable home ownership business.
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Hillview acquires two out-of-town offices for new £300m office fund
Hillview Real Estate has acquired two out-of-town office investments in Watford and Birmingham for £18.25m for Hillview Partners Property Fund III, its £300m value-add regional estate fund.
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Précis Capital launches resi fund targeting £1bn annual investment
Lending platform Précis Capital Partners has launched a multi-billion pound residential development fund backed by TowerBrook Capital Partners.