All Property Week articles in 29 October 2021
View all stories from this issue.
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News
Luxury Essex later living firm hires manager
Luxury Essex later living operator Santhem Residences has appointed Kerri Brill as manager.
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Developers set for bidding war over Edinburgh BioQuarter’s £1bn expansion
Private developers have been invited to bid for a chance to help spearhead a £1bn expansion to the Edinburgh BioQuarter healthcare and life sciences complex.
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Bank of England keeps interest rates at record low
The Bank of England has voted to keep interest rates at their record low of 0.1%.
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Barings bolsters residential investing team
Barings has hired Ben Pile as its head of residential investing and asset management for Europe.
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Online
PITCH goes green with £42m sustainability loan
The Property Income Trust for Charities (PITCH) has secured a £42m, sustainability linked loan from Aviva Investors.
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Property firms back mental health charity art event
Works by professional artists and complete novices have been selected by a panel of celebrity judges for a London art exhibition, raising money for two mental health charities in the process.
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Kenji opens flagship store in Trafford Centre
Japanese-inspired lifestyle brand Kenji has opened a flagship store in Manchester’s Trafford Centre.
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Green Finance Commitments are Scaled Up - Property Week and UKGBC’s COP Round Up: Day 3
For UKGBC, the key announcements from COP26 today.
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Duck & Waffle makes Scottish debut at St James Quarter Edinburgh
Duck & Waffle has taken a major spot in Edinburgh’s St James Quarter, bringing the restaurant to Scotland for the first time.
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New RW1 fund acquires Marylebone office as it plots £500m spending spree
Native Land’s founders have launched a £500m investment fund to target central London commercial property projects under construction.
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UK care home sector rebounding from Covid-19 hit, Knight Frank reports
Rises in weekly fees across UK care homes suggest the sector is showing signs of recovery after its pandemic-induced slump, research by Knight Frank suggests.
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UK Commercial Property REIT snaps up £35m London office
UK Commercial Property REIT has exchanged on a £35m office building in West London that will offer an instant boost to its income.
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Custodian REIT increases target dividend as NAV rises
Custodian REIT posted a rise in its net asset value for the third quarter as it increased its target dividend payout by 10%.
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Empiric Student Property upgrades dividend payout as occupancy grows
Empiric Student Property said it expects to pay a dividend of at least 2.5p for the financial year 2022, ahead of guidance given in August of a minimum dividend of 1.5p per share per annum in 2022.
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Iconic Heal’s building snapped up for “radical reinvention”
General Projects has completed on the purchase of the iconic Heal’s building on Tottenham Court Road and intends to undertake a “radical reinvention” of the site.
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Mark Allen Group HQ up for sale
The office headquarters for publisher Mark Allen Group in Herne Hill, south London, is on the market after receiving approval to convert the premises into 17 homes.
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Almost £8bn set to pour into suburban BTR sector
Around £7.8bn is expected to be deployed into UK’s suburbs across the build-to-rent sector in the next five years, according to a report from Knight Frank.
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M&S launches optician’s service across UK estate
M&S has announced the rollout of a new opticians service in 55 stores across the UK over the next 18 months.
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Southern Grove Ealing project gets green light
Planning permission has been granted for a high-rise block of flats near West Ealing train station in west London, after the local council originally rejected the scheme.
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Yoo Capital acquires former West End theatre for around £30m
Investment management group Yoo Capital has acquired the former Saville Theatre on Shaftesbury Avenue in the West End of London for an estimated £30m.