All Property Week articles in 28 April 2023 – Page 2
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OnlineGPE snaps up two London offices for £53m
Great Portland Estates (GPE) has paid £53m for two central London freehold buildings to add to its flex office portfolio.
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NewsDyson to invest £100m in Bristol tech centre
British technology and engineering company Dyson is believed to be planning to invest around £100m in a research and technology facility in Bristol.
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NewsI&L conference: I&L set to outperform forecasts
The industrial and logistics (I&L) sector is on course to outperform forecasts over the next year as the UK recovers from the economic downturn, experts speaking today at Property Week’s Industrial & Logistics Conference & Showcase said.
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NewsDLUHC response shows Treasury does not trust it to spend money, committee chair claims
A ministerial statement from levelling-up minister Dehenna Davison has failed to refute claims that the Treasury no longer trusts her department to spend money without approval following a Treasury financial ‘power play’.
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NewsIndustry split on potential return of Help to Buy
Potential plans to relaunch the Help to Buy (HTB) scheme ahead of the next general election have divided industry experts.
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NewsPlans submitted for Liverpool Street station £1.5bn regeneration
Shard developer Sellar, MTR Corporation and Network Rail, have submitted a joint planning application to the City of London Corporation for their £1.5bn redevelopment of Liverpool Street station.
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OnlineGovernment launch of new fund vehicle proposals to boost real estate investment
Plans for a new type of investment fund unveiled in a government consultation last week could unlock “hundreds of millions” for UK real estate, according to property finance experts.
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NewsPlanners seek clarity from Berkeley’s High Court challenge to Gove
Planning experts have said Berkeley Homes’ High Court challenge to housing secretary Michael Gove’s rejection of its housing scheme in Kent is needed to clarify the “relationship between subjectivity and policy”.
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OnlineNTA edges up at Target Healthcare
Care home group Target Healthcare’s net tangible assets (NTA) nudged up in the first quarter of 2023 to 103.4p per share, up from 103p at the end of December, as the group continued with disposals and re-leasing properties.
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OnlineFCA to consult on stock exchange listing rules
The Financial Conduct Authority (FCA) has published proposed changes to rules on listing companies, which it hopes will make regulation easier to understand, more effective and competitive, after a raft of businesses snubbed the UK’s leading public market.
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OnlineBarratt tells investors it is set to meet full-year forecasts
Barratt Developments has said its annual adjusted profit before tax will be in line with expectations at around £880m, despite a sharp fall in reservations and forward sales.
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NewsThreat of Brixton Academy closure a ‘wake-up call’ for venue operators
The potential closure of iconic south London music venue Brixton Academy has been called “a stark wake-up call” for all leisure and venue operators, after the Metropolitan Police called for it to lose its licence following a fatal incident.
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NewsGreystar snaps up Quintain PBSA development at Wembley Park
Greystar Real Estate Partners has acquired a 770-bed, purpose-build student accommodation development at Wembley Park in north London from Quintain for an undisclosed fee.
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NewsPlanning granted for UK’s first women-only tower block
Developer L&Q and Women’s Pioneer Housing, a housing association focused on housing single women, have gained planning permission to build the UK’s first women-only tower block.
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NewsFootasylum to open Oxford Street flagship store in H2
Streetwear and sportswear retailer Footasylum is to open a 20,000 sq ft flagship branch at 73-89 Oxford Street in central London in the second half of this year, as part of its national roll-out of a larger store format.
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NewsJones Hargreaves hires Wales in Manchester
Commercial building, project and sustainability consultancy Jones Hargreaves has appointed Alan Wales as senior associate partner in Manchester.
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News‘Golden Triangle’ life sciences Q1 property investment hits £500m record, says Knight Frank
Life sciences real estate investment within the ‘Golden Triangle’, the area spanning London, Oxford and Cambridge, reached £496m in the first quarter of 2023, according to Knight Frank.
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OnlineAviva launches largest long-term asset fund
Aviva Investors has launched a long-term investment fund with an initial £1.5bn portfolio of assets seeded by Aviva UK Life.
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OnlineBTR development growth slows
The growth in the number of build-to-rent (BTR) homes in planning, under construction, or completed has slowed, according to analysis from the British Property Federation (BPF).
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NewsApsley and Galliard JV secure forward funding for 628-home Birmingham BTR scheme
A joint venture (JV) between Apsley House Capital and Galliard Homes forward funded a 628-home build-to-rent (BTR) scheme in Birmingham, for an undisclosed amount.
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