All Property Week articles in 27 August 2021
View all stories from this issue.
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Online
The smart money is on residential development loans
More deals are going to be needed to meet the changing demands of the housing market.
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News
HUB and Bridges buy 1.25-acre Edinburgh site
Residential developer HUB and Bridges Fund Management have acquired the 1.25-acre Beaverhall House site in Canonmills, Edinburgh.
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News
Green London office buildings could achieve 12.3% rental premium
London office buildings that achieve the highest sustainability standards can achieve up to a 12.3% premium in rents, research from Knight Frank shows.
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News
McCarthy Stone secures £94m Homes England grant for affordable retirement schemes
McCarthy Stone has received £94m of funding from Homes England to develop 1,500 affordable shared-ownership retirement properties.
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News
Chancerygate and Bridges submit plans for Peterborough scheme
A joint venture between Chancerygate and Bridges Fund Management has submitted a planning application for a 200,000 sq ft roadside development in Peterborough, Cambridgeshire.
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News
LondonMetric buys Cardiff warehouse for £11.1m
LondonMetric Property has acquired a 119,000 sq ft urban logistics warehouse in Cardiff for £11.1m, reflecting a blended net initial yield of 5%.
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News
Barratt’s earnings rocket on strong housing demand
Barratt Developments posted a surge in profits for its financial year ended 30 June 2021 as it laid out plans to grow completions back to pre-pandemic levels.
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Grainger raises £209m to fund acquisitions
Grainger has raised £209m through the placing of 67.4 million shares at 310p each.
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Online
Melburg buys 350,000 sq ft multi-let industrial asset in Yorkshire
Melburg Capital has snapped up a 350,000 sq ft multi-let industrial asset in Wakefield, West Yorkshire, Property Week can reveal.
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Online
PBSA portfolio worth £84.1m hits the market
The Trium portfolio, a trio of PBSA assets in Durham, Southampton and Exeter, has been put on the market by Knight Frank on behalf of Maven Capital, IP Investment Management and Glenmore Group for £84.1m.
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News
St Modwen Logistics hires senior director
St Modwen Logistics has hired Mark Snow as senior director for logistics development with effect from 4 October.
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News
Shorea Capital acquires Old Street offices for £31.1m
Singaporean investor Shorea Capital has acquired 186-188 City Road, a multi-let office building in central London, for £31.1m for its London Office Fund.
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Online
Firethorn Trust acquires 21-acre Peterborough logistics site
Firethorn Trust has acquired Peterborough South, a 21-acre site speculative logistics site at Kingston Park in Hampton from O&H Properties.
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News
Next appoints SEGRO’s Soumen Das as non-exec director
SEGRO chief financial officer Soumen Das has joined Next as an independent non-executive director.
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News
Homes England names Abri as new strategic partner
Homes England has selected housing provider Abri as one of its strategic partners for the Affordable Homes Programme 2021-26.
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News
Derwent partners with ecommerce delivery group InPost
The Derwent Group has partnered with ecommerce delivery firm InPost, which will see the installation of InPost lockers across Derwent’s portfolio of shopping centres and retail parks in the north of England.
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News
Stephen McNally retires from Dalata
Irish hotel operator Dalata Hotel Group’s deputy chief executive officer Stephen McNally is set to retire from his executive role and the board.
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News
Busaba makes Welsh debut with Cardiff opening
Orchard Street Investment Management has signed a 4,000 sq ft letting with Thai restaurant chain Busaba at the Brewery Quarter, one of Cardiff’s leading leisure destinations.
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Online
Southworks smart office building opens doors
Work has completed on MiddleCap’s Southworks smart office scheme in south London.
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Online
Works begin at York business park
Work has begun on a 30,000 sq ft industrial and warehouse business park in Monks Cross, York.