All Property Week articles in 28 October 2022 – Page 2
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Silbury Finance provides £22m for Hove residential facility
Silbury Finance has provided a £22m senior debt facility to Stonegate Homes for the development of a 100-apartment scheme in Hove, East Sussex.
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McLaren Property expands Leeds team
National developer McLaren Property has expanded its team in Leeds with the appointment of Paul Middleton.
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Orchard Street launches £400m social and environmental property investment fund
Orchard Street Investment Management, a UK-focused commercial property investment manager, has launched its inaugural impact fund Orchard Street Social and Environmental Impact Partnership (SEIP).
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Bloom secures planning for Greenwich ultra-urban development
Planning consent for a sustainable warehouse development in Greenwich, London, has been granted to the ultra-urban industrial investor and developer, Bloom.
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Impact Healthcare extends lending with HSBC
Impact Healthcare REIT has secured a £25m extension of its revolving credit facility (RCF) with HSBC UK Bank.
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IPSX bolsters team with two hires
Real estate stock exchange IPSX has made two appointments to its origination and capital markets teams as the group seeks to attract real estate asset owners and investors.
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Target reveals first interim dividend despite flat quarterly figures
Care home operator Target Healthcare has reported that the value of net tangible assets (NTA) remained flat in the three months to the end of September.
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Plans revealed for giant film and TV studio in Bedfordshire
Developer VERB and film studio operator Quartermaster have drawn up plans for a 1.75m sq ft flexible studio on space acquired near Stewartby in Bedfordshire.
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Panattoni kickstarts build of UK’s largest-ever speculative warehouse
Logistics real estate developer Panattoni has begun development of what it claims is the UK’s largest speculative building in Avonmouth, near Bristol.
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Knight Frank puts £20m price tag on former Earl’s Court hostel
Barkston & Courtfield Gardens hotel, a former hostel in Earl’s Court, west London, has been put up for sale for £20m by consultants Knight Frank on behalf of LPA (fixed charge) receivers.
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Gerald Eve names Julia Chowings as Birmingham office co-head
Julia Chowings has joined Jon Ryan-Gill as co-head of property consultancy Gerald Eve’s Birmingham office.
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Housing prices starting to dip
Statistics released this week have shown signs that house prices are starting to dip, according to industry experts.
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Property Week’s WorkSpace Conference rearranged for 21 November
Property Week’s WorkSpace Conference & Showcase will now take place on Monday 21 November to avoid planned rail and tube strikes.
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Ingenious RE loans £26m for east London cinema conversion
Ingenious Real Estate (Ingenious RE) has loaned £26m to the owner of the former Boleyn Cinema site in East Ham, London, to develop it into a mixed-use scheme featuring 88 apartments, commercial space and a gym.
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Home REIT acquires over 1,500 properties in past financial year
Home REIT, which invests in accommodation to tackle homelessness, said it acquired 1,528 investment properties in its last financial year to 31 August and a further 220 since then.
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Gleeson Homes signs up to NHQB’s Code of Practice
Midlands and North-focused housebuilder Gleeson Homes has signed up to the New Homes Quality Board’s (NHQB) Code of Practice.
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Activist investor calls for stability as Purplebricks CFO departs
Activist investor Adam Smith has called for stability at UK-based, tech-led estate agency Purplebricks, as chief financial officer (CFO) Steve Long departs the company.
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IWG posts sharp rise in quarterly revenue
Flexible workspace giant IWG has revealed that it delivered a 25% year-on-year growth in revenue during the third quarter to the end of September.
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Shaftesbury and Capco issue trading updates ahead of £3.5bn merger
Shaftesbury and Capital & Counties (Capco) have both released trading updates ahead of their £3.5bn merger.
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LondonMetric completes £28m of sales
LondonMetric Property has sold two assets for £28.2m, reflecting a blended net initial yield (NIY) of 4.6%.