All Property Week articles in 28 April 2017
View all stories from this issue.
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OnlineNorth West's Stakehill estate hits market for £44m
Commercial Estates Group (CEG) has put Stakehill Industrial Estate up for sale at an asking price of £44.25m, reflecting a net initial yield of 6.75%.
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OnlinePegasusLife secures planning for New Forest scheme
Retirement living specialist PegasusLife has secured planning approval on its first scheme in The New Forest on the site of the disused Watersplash Hotel in Brockenhurst.
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Online
Trio of lettings at University Green in Manchester
Bruntwood and The University of Manchester have announced lettings to The Co-op, Loungers, and Five Guys at the recently launched University Green development.
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OnlineNatWest launches automated lending process for small deals
NatWest is rolling out a new automated lending process that will give property developers and investors borrowing less than £2m a credit approved decision in as little as 45 minutes.
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OnlineGreen light for Telford in South Kilburn
Brent Council has given the go-ahead for the construction of 236 new homes in South Kilburn as part of a new development and sale agreement with Telford Homes.
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OnlineHammerson partners with Appear Here
Hammerson and Appear Here have launched Up Market – a new initiative designed to attract independent retailers to Hammerson’s shopping centres.
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OnlineHarworth enters logistics JV with pension fund
Harworth Group has entered into a joint venture with Lancashire County Pension Fund to develop the next phase of its Logistics North site near Bolton.
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OnlinePurplebricks reveals leap in instructions as CFO steps down due to ill health
Purplebricks Group, has revealed 83% year-on-year growth in house sale instructions in the second half of the year in a trading update ahead of its annual results.
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OnlineSigma reveals plans for £250m PRS REIT float
Sigma Capital has revealed plans to raise £250m for a residential REIT to be called The PRS REIT with backing from the Homes and Communities Agency (HCA).
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OnlineImpact completes £148.8m care homes deal
Impact Healthcare REIT has completed the acquisition of the Core Seed Portfolio and the Mulberry Portfolio (Seed Portfolio) for £148.8m.
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OnlineCanada Life provides £108m loans to CBRE GI
Canada Life Investments has completed two fixed-rate loans totalling £108m to CBRE Global Investors.
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OnlineGalliford Try’s shares plunge
Shares in Galliford Try plummeted 9.23% on Wednesday, after the construction group said it would take a £98m hit in its construction division because of a recovery from legacy contacts.
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OnlineCarter Jonas acquires planning & development consultancy
Carter Jonas has acquired an Oxfordshire planning and development consultancy, Kemp Kemp, based in Abingdon on Thames.
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OnlineSt Pancras signs up raft of new tenants
St Pancras International has announced a raft of new store openings at the station including Chanel, Calvin Klein, Ted Baker, Kikki K and Joe and the Juice.
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OnlineAitch appoints former Apprentice star as group marketing director
London based developer Aitch Group has appointed Jamie Lester, widely known for his appearance in the 2010 series of BBC’s The Apprentice , as group marketing director.
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OnlinePeel plots 800,000 sq ft Sheffield logistics park
Peel Logistics Property has acquired a 48 acre land site in Sheffield to develop an 800,000 sq ft logistics park.
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OnlineGazit-Globe launches US investment subsidiary
Gazit-Globe has announced the formation of a new subsidiary company, Gazit Horizons,to invest in US real estate.
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OnlineIPSX appoints four directors
IPSX Group has made four senior hires, including the appointment of Michael Higgins as non-executive chairman.
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OnlineWorld’s Biggest Property Bike Ride Blog: Wk 2
It’s that time of year again. The leaves are out, the birds are back, the evenings are drawing out and I’m dusting off the racer to get ready for another round of the World’s Biggest Property Bike Ride.
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OnlineIntu warns of “challenging” year as Brexit and BHS closures hit growth
Intu has warned it is facing a “challenging” year due to uncertainty surrounding Brexit, the group has stated in its latest trading update.
