All Property Week articles in 28 May 2021
View all stories from this issue.
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Online
Could cryptocurrency popularity show us the future of property investment?
It’s been a rollercoaster time for property. 2020 started with the ‘Boris Bounce’ in house prices, before the pandemic brought the biggest economic decline since the Great Frost of 1709.
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Pi Labs invests in AI retail tech firm
Pi Labs has completed its investment in the Series A fundraise for Adeptmind, an AI retail technology company creating advanced digital discovery solutions for retailers and shopping centres.
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GLP leases 278,000 sq ft logistics warehouse unit
Investor and developer GLP has leased a 278,000 sq ft logistics warehouse unit at its G-Park Doncaster development to a healthcare diagnostics company.
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RICS COO resigns unexpectedly
The chief operating officer of the Royal Institution of Chartered Surveyors (RICS) has resigned unexpectedly.
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University of Wolverhampton to use Matterport in architecture school
The University of Wolverhampton has selected Matterport to enhance its education programme in the school of architecture and built environment.
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Dan Bayley joins JLL as senior director
JLL has recruited Dan Bayley as a senior director in its Central London office markets team.
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Leisure hub opens at Glasgow’s St Enoch Centre
Sovereign Centros will unveil its new East End leisure hub at its St Enoch Centre in Glasgow this weekend.
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NewRiver REIT resumes dividends on ‘resilient’ annual performance
NewRiver REIT hailed a resilient performance for the 12 months to 31 March, resuming its dividend but posting widening losses.
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Fortwell Capital agrees £12.4m loan to Simply UK
Fortwell Capital has agreed a new £12.4m loan to care home developer and operator, Simply UK.
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Workspace swings into the red for first time in over a decade
Office space provider Workspace has suffered its first annual loss in more than a decade after posting a loss before tax of £235.7m in the 12 months to 31 March, swinging from a profit of £72.5m in the previous year.
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Home REIT acquires 47 properties with remaining IPO funds
Home REIT has acquired 14 separate property portfolios across England for £47.1m.
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Itsu picks Reading retail park for first out-of-town site
Grab-and-go food chain Itsu will open its first out-of-town restaurant at Reading Gate Retail Park, Property Week can reveal.
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Ballymore New Providence Wharf fire should be ‘wake-up call’ to others, LFB says
The commissioner of the London Fire Brigade (LFB) said the fire at Ballymore’s New Providence Wharf residential scheme in east London last month should be an “urgent wake-up call” to building owners and managers and called for a “culture change” in all those responsible for fire safety in high-rise buildings. ...
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Places for People and Ridgepoint Homes partner to deliver 200 homes
Places for People and Ridgepoint Homes have entered into their second site partnership and have secured reserved matters planning permission for 200 new homes in Oxfordshire.
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Goodman selected for 970,000 sq ft European port development
Property group Goodman has been chosen as the development partner for Green Dock, a flagship multi-modal logistics platform by HAROPA PORT at the Port of Gennevilliers, France.
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Construction work begins on Reading International’s Campus
Construction work has begun on Campus, the refurbished Reading International building being brought to market by Tristan Capital Partners and Alchemy Asset Management
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Ralph & Russo to offload White City HQ amid administration
Luxury fashion brand Ralph Russo is looking to dispose of its headquarters in White City, west London, following its recent fall into administration, Property Week can reveal.
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PLA members support ringfencing of commercial rent arrears
A survey of Property Litigation Association (PLA) members shows the majority believe commercial tenants should be given more time to pay Covid arrears where it is needed.
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Manchester Life Strategic submits planning application for urban mobility hub
Manchester Life Strategic Development Company has submitted a planning application for an urban mobility hub on behalf of Manchester City Council.
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Topland acquires 190,000 sq ft Birmingham warehouse
Topland, through Topland Vintage, has bought a distribution centre in Smethwick, Birmingham, from EY – as administrators of Spicers – for £15m.