All Property Week articles in 26 May 2017 – Page 5
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News
Upcoming election fails to dampen demand at IAM Sold
IAM Sold raised a solid £28.9m in April, defying the usual slowdown in the run-up to a general election.
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News
Essex residential lots boost Strettons result to £12.7m
Strettons raised £12.7m at its April auction, boosted by two significant residential lots in Essex.
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Online
Henry Boot results to be 'comfortably ahead'
Henry Boot has predicted the group’s performance this calendar year will be “comfortably ahead” of expectations.
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Insight
Will Marks & Spencer’s online food offering be simply delicious?
Marks Spencer is considering whether to launch an online grocery service. This is a key moment in the evolution of online shopping in Britain.
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News
Great Portland prepares for the next development cycle
After several years of net selling, Great Portland Estates (GPE) is back on the lookout for buying opportunities in preparation for the next development cycle.
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Online
Unite fund acquires two assets for £56m
Unite Students Accommodation Fund has exchanged contracts to acquire two assets in Durham and Birmingham for £56m and sell another in central London for £42m.
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Online
Schroder REIT shares up
Shares in Schroder REIT were up 1.98% on Wednesday after the UK focused company reported strong annual results.
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Online
London portfolio boosts Helical's NAV
Helical has reported 3.7% year-on-year NAV growth in annual results underpinned by a sharp increase in the value of its London portfolio.
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Online
Artisan buys 22,000 sq ft Abbeyhill site & submits Canonmills plans
Artisan has bought the 22,000 sq ft Abbeyhill Industrial Estate in Edinburgh and followed it up by submitting planning permission for 180 apartments at its Canonmills Garden scheme overlooking the Water of Leith.
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Online
Urban & Civic posts continued NAV growth
Urban Civic has reported continued growth in net asset value (NAV) in half-year results and significant progress at its sites.
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Online
HCA-backed PRS REIT raises £250m
The PRS REIT has successfully raised £250m – with the Government’s Home and Communities Agency contributing £25m.
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Insight
Don’t gamble with the planning process
One thing is certain. The planning process is a gamble with a binary outcome - either developers achieve planning permission or they don’t.
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Insight
More PRS tenants are renting for longer
Tenants are renting for longer than ever because they no longer believe they will be able to buy a house of their own, reveals a new report from LSL Property Services.
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Insight
What needs to happen for modular to really take off?
Interest in modular construction is on the up. Housing minister Gavin Barwell has described it as “a huge opportunity to increase housing supply” and big names such as Berkeley Homes, Legal General and Urban Splash have made significant commitments in the past year.
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Insight
Slough Trading Estate: estate of evolution
At 97 years old and covering some 5.6m sq ft, Slough Trading Estate is one of the oldest and largest industrial business parks in the UK, and one of the biggest in single ownership in Europe.
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Professional
The Conservative manifesto unveils more changes to the business rates system
The Conservatives are planning further changes to the business rates system if they retain power in next month’s general election, the party’s manifesto has revealed.
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Information
Developers shy away from spec
A lack of institutional funding and Brexit jitters have held back speculative development.
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Information
Healthcare real estate investment activity picks up
Investment activity in the healthcare real estate market has picked up again this year following a relatively subdued 2016, according to CBRE’s latest market review.
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News
Wirefox to buy Glasgow’s Capella building
Wirefox, a Northern Irish investment company backed by Hong Kong equity, is set to continue its Scottish spending spree with the purchase of the 116,978 sq ft Capella building in Glasgow for about £45m, Property Week can reveal.
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News
Edinburgh office hits the market for £30m
The 58,000 sq ft Quartermile 2 office building in Edinburgh has been put up for sale with a guide price of around £30m.