All Property Week articles in 27 November 2020
View all stories from this issue.
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OnlineSir Philip is no good guy, but he’s not the only one to blame for the High Street apocalypse
We have all missed something about this devastation strewn across our High Streets this week, and for the past few years for that matter.
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OnlineDerwent exchanges contracts for £170m London retail and office complex
Derwent has exchanged contracts to sell its 192,700 sq ft freehold interest in Johnson Building, 77 Hatton Garden and 5-7 Cross Street EC1 to Eurazeo Patrimoine.
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OnlineTextile manufacturer takes 75,000 sq ft at Kingsway Business Park
Textile manufacturer Cleland McIver Lifestyle has expanded its footprint at Kingsway Business Park with the acquisition of a 75,131 sq ft industrial unit.
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OnlineIndustrial take-up set to exceed 50 million sq ft for 2020
Take-up of industrial warehouse space for 2020 is set to exceed 50 million sq ft, a record year for the sector, according to data from Savills.
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OnlineUK’s largest stove and fireplace manufacturer signs up to Skypark in Exeter
St. Modwen and Devon County Council have secured a 15-year lease with Stovax Heating Group – trading as Stovax Gazco – to occupy a 196,037 sq ft manufacturing unit at the Skypark development near Exeter.
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OnlineShaftesbury selects trio of agencies to advise on retail leasing
Shaftesbury has appointed Hanover Green Retail, Cushman Wakefield and Nash Bond to advise on all aspects of retail leasing across its portfolio.
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OnlineTrebor and Hillwood submit plans for 540,000 sq ft Peterborough scheme
Trebor Developments and Hillwood have submitted planning permission for a 540,000 sq ft industrial scheme in Peterborough.
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OnlineFirstPort snaps up resi management arm of Chamonix Estates
Residential property service provider FirstPort has acquired the residential management arm of Chamonix Estates.
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OnlineInvestment volumes to return to pre-Covid levels by 2022, CBRE predicts
Investment volumes are expected to return to pre-pandemic norms by 2022, according to CBRE.
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OnlineCountryside’s row with shareholder breaks out into open
A row between housebuilder Countryside and its third largest shareholder has broken out into the open.
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OnlineAberdeen Standard Investments completes £26m SONIA-linked loan
Aberdeen Standard Investments’ (ASI) commercial real estate lending team (CREL) has completed a £26.15m loan to facilitate the purchase of ten retail warehouses by M7.
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OnlineZara debuts new 37,000 sq ft concept store at Bluewater
Zara has opened its 37,000 sq ft new concept store at Landsec’s Bluewater shopping centre.
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OnlineIWG issues £350m in convertible bonds
Flexible workspace firm IWG has announced a £350m convertible bond issuance.
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NewsOuternet London announces three-year partnership with Realife Tech
Mixed-use West End development Outernet London has enlisted Realife Tech to provide technology concierge services when the scheme opens next winter.
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OnlineSainsburys and Morrisons pay back £714m in business rates relief
Two more supermarkets have agreed to pay back the business rates relief granted by the government earlier this year, after Tesco handed back £585m.
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OnlineSt Modwen sells £96m in assets since July
St Modwen has sold £96m in assets since July, bringing the total disposals for the year to £154m.
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NewsRESI Awards 2020 winners revealed
The best and most innovative of the residential property sector have been crowned the winners of the long-awaited RESI Awards.
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OnlineLandlord takes back the keys of Evans Cycle store
LondonMetric has reclaimed an Evans Cycles store following a dispute over the lease.
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OnlineCountrywide rejects £82m takeover offer from Connells
Estate agency group Countrywide has rejected an £82m takeover approach from rival Connells.
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NewsLandsec 370,000 sq ft London office development greenlit
Landsec has secured planning permission for Timber Square, a proposed 370,000 sq ft office development on Lavington Street, London.
