All Property Week articles in 29 July 2022
View all stories from this issue.
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Online
Good mobile network coverage of vital importance when leasing space
A LinkedIn poll by Property Week on behalf of independent owner and operator of wireless communications infrastructure – Shared Access – has revealed the importance placed on mobile connectivity when it comes to weighing up factors involved when leasing space.
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Insight
How to breathe life into high streets again
Can our local and regional shopping centres thrive again? The closure of many high street names over the past few years has changed the look and feel of many shopping centres and streets, leading to a depleted offering – and plummeting footfall.
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Insight
Now is the time to check business rate liabilities
With a global pandemic accelerating structural changes, particularly in retail, business owners have been hit hard. As the extended rating list cycle is coming to an end, there is a closing window to mitigate against complex business rate liabilities.
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News
Mailbox REIT delivers upbeat outlook despite BBC exit
Mailbox REIT said in its second quarter trading update that it was optimistic about its prospects because of a shortage of prime space in Birmingham, despite the departure of anchor tenant, the BBC, from its development in the city centre.
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News
Development expert Crusz joins Old Park Lane
Investor and developer Old Park Lane Management Limited (OPLM) has hired Sam Crusz as a development manager from project management firm Opera, where she was an associate for 11 months.
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News
Socius and Railpen gain consent for Cambridge mixed-use scheme
Railways pension scheme investor Railpen and developer Socius have received planning approval from Cambridge City Council for Devonshire Gardens, a £165m sustainable scheme in the centre of Cambridge.
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News
British Land beefs up leisure line up at Regent’s Place in west London
British Land has signed tenants for nearly 30,000 sq ft of food, leisure and wellbeing space at its Regent’s Place scheme in west London, including a 19,000 sq ft letting at 1 Triton Square to the Gym Group, which will open a flagship gym.
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Online
Empiric appoints new chief financial and sustainability officer
Empiric Student Property has appointed Donald Grant as chief financial and sustainability officer.
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Online
Tritax reveals robust half-year figures
Tritax Big Box REIT has posted a 9% rise in net tangible assets (NTA) during the six months to the end of June.
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Online
NTA nudges up at Target Healthcare
Care home group Target Healthcare has revealed that net tangible assets (NTA) nudged up 0.4% during the three months to the end of June.
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News
Custodian REIT sells Milton Keynes industrial unit for £8.5m
Regional specialist Custodian REIT has sold a 44,187 sq ft warehouse and distribution unit in Milton Keynes for £8.5m.
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News
Bloom and Angelo Gordon purchase Park Royal industrial estate
Urban industrial developer Bloom and investor Angelo Gordon have purchased a prime industrial estate in Park Royal, west London, from Schroders Capital for an undisclosed amount.
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News
Arora Group purchases Crawley’s County Mall shopping centre
The Arora Group has completed the purchase of its first shopping centre, County Mall, in Crawley, West Sussex.
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News
Melburg snaps up 110,000 sq ft Bekaert HQ in off-market transaction
Melburg Capital (Melburg) has announced the acquisition of the Bekaert manufacturing HQ, a 110,000 sq ft industrial asset located on Park House Road, Bradford, in an off-market transaction.
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News
PGIM Real Estate and Osborne buy BTR site in Reading
PGIM Real Estate and Osborne Developments have acquired a site in central Reading for a build-to-rent (BTR) housing development.
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Insight
What makes the perfect hybrid model for flexible working?
Since the easing of lockdown, we have found ourselves in a new phase of the ever-evolving employment cycle: trying to readjust our office habits after working from home for nearly two years.
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Online
Taylor Wimpey reports 16% leap in profit for first half
Housebuilder Taylor Wimpey hiked profit forecasts to the top of full year estimates after a strong first half in which it beat housing completion targets.
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Online
Activist investor repeats calls for Purplebricks chairman to quit after poor annual figures
Activist investor Adam Smith has repeated his call for Purplebricks chairman Paul Pindar to quit after the property portal reported a pre-tax loss of £34.8m in its annual results.
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Insight
A walk through King’s Cross
Walking through King’s Cross today, I pass office workers eating lunch by the water in Pancras Square, children playing on the grass in Lewis Cubitt Park and visitors relaxing by steps to the Regent’s Canal.
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Insight
Non-bank lenders have key role in solving housing crisis
The UK property market faces unique challenges. A shortage of affordable housing, combined with macroeconomic pressures such as supply-chain issues and the impact of the UK’s withdrawal from the EU, has led to house prices reaching a record average of £278,123, according to Halifax’s House Price Index. The only way ...