All Property Week articles in 29 May 2020
View all stories from this issue.
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OnlineStock market summary: 4 June
Shaftesbury Group and Capital and Counties continued to enjoy gains in their share prices today in the week that Capco confirmed it is snapping up a stake in its fellow West End landlord.
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OnlineBoxpark on the hunt for new sites
Hospitality operator and developer Boxpark is on the hunt for more sites across the UK.
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NewsFrankie & Benny’s owner will permanently close up to 120 sites
Frankie Benny’s owner will not re-open up to 120 restaurants after the coronavirus lockdown has eased.
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OnlineNew Look negotiates for turnover-based rent
Fashion retailer New Look has started negotiating with landlords to switch to turnover-based rents.
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OnlineGreen light for Caddick Developments’ 180,000 sq ft Yorkshire industrial scheme
Caddick Developments’ 180,000 sq ft Yorkshire industrial scheme has been given the green light by Kirklees Council.
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OnlinePPHE raises £180m for art’otel in London
PPHE has raised £180m needed for its art’otel development on Old Street in London, providing further financial liquidity to the group.
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OnlineHomes England hands out £300m funding package to speed up delivery of 20,000 London houses
Homes England, the government’s housing agency, has agreed funding packages worth over £300m to accelerate construction at three major London housing developments.
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OnlineAXA IM - Real Assets completes forward purchase of Madrid portfolio
AXA Investment Managers - Real Assets has completed the forward purchase of a 919-unit affordable housing for rent portfolio in the Madrid region of Spain for €150m (£134m).
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OnlineHelical posts rise in values despite Covid-19 uncertainty
Helical saw a rise in valuations and returns in its full-year results today, citing the resilience of its office buildings in spite of disruption from the Covid-19 pandemic.
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OnlineBallymore snaps up Edgware shopping centre for £75m
Irish developer Ballymore is under offer to buy The Broadwalk shopping centre in Edgware for around £75m.
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NewsCapital & Regional to reopen retail at seven UK shopping centres
Community retail property REIT Capital Regional will allow retailers in its seven shopping centres to recommence trading from 15 June, as permitted by the government’s Covid-19 guidelines.
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NewsGreat Bear takes 334,760 sq ft facility at Central M40
Third-party logistics provider Great Bear Distribution has signed a 15-year lease for a 334,760 sq ft logistics facility at Central M40 (CM40) in Banbury, Oxfordshire.
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NewsIlke Homes signs £23m affordable housing deal
Modular housebuilder ilke Homes has partnered with affordable housing provider Stonewater in a £23m deal to develop 120 affordable homes in Herefordshire.
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NewsPhysical stores are ‘key driver’ for retail sector’s success
Physical stores remain the key driver for the success of the retail sector, according to the latest research report from CBRE.
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NewsFully online dispute resolution service launched
Six dispute resolution specialists have come together to offer a fully online service for mediation and arbitration of commercial and business disputes.
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NewsWykeland snaps up over 100,000 sq ft of retail space in Hull
Hull-based developer Wykeland has bought a 60,000 sq ft former Marks Spencer shop in Hull city centre from the retailer as well as a nearby 42,000 sq ft retail unit from a Jersey-based property fund.
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OnlineSavills predicts post-Covid-19 recovery for SLB deals – but not until 2021
Retail sale and leaseback (SLB) deals are expected to pick up across Europe after the Covid-19 pandemic has passed, according to a Savills report.
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OnlineGoodman sells 40,000 sq ft warehouse to Maxim Logistics Group
Developer Goodman has competed the sale of a 40,000 sq ft distribution warehouse to Maxim Logistics Group in Corby, Northamptonshire.
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NewsAviva Investors lets 197,000 sq ft distribution unit in Northampton
Aviva Investors has completed letting of a 197,000 sq ft distribution unit at Brackmills Industrial Estate in Northampton.
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NewsHarworth sells 16 acres of Midlands land to Redrow
Harworth has sold its first parcel of land at its Hugglescote Grange development in Coalville, Leicestershire, to Redrow Homes.
