All Property Week articles in 3 December 2021
View all stories from this issue.
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News
Frasers Group posts rises in half-year sales
Frasers Group has reported a large rise in revenue and profits compared to last year according to its half-year results ending 24 October.
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News
Kinrise debuts in London and expands Leeds portfolio
Flexible workspace provider Kinrise has made its London debut by snapping up 49 East Road in Shoreditch, London, for £25m and has also bought another building in Leeds.
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News
CBRE appoints Fenn-Smith as MD of ESG
CBRE has appointed Kaela Fenn-Smith as managing director of sustainability services and ESG for the UK and Ireland.
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News
Mayfair Capital’s PITCH spends £35m on South East retail warehouses
Mayfair Capital’s Property Income Trust for Charities (PITCH) has completed £35m of retail warehouse acquisitions, comprising two parks in Bedford and Milton Keynes, increasing the fund’s weighting to the sector to 15%.
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News
Troubadour Theatres leases 150,000 sq ft at former Toys ‘R’ Us
Argent Related and Barnet Council, the joint venture delivering Brent Cross Town, has signed Troubadour Theatres to open Troubadour Brent Cross Studios early next year.
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News
PGIM and Osborne launch £250m BTR joint venture
PGIM Real Estate, on behalf of European Value Partners II, and Osborne Developments have entered a joint venture to invest in build-to-rent multifamily opportunities.
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Online
Take the Q4 Property Week Covid-19 sentiment survey
Property Week is launching its latest quarterly survey to gauge how the sector is currently feeling.
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News
Civitas records slight growth in NAV for half year
Civitas Social Housing increased its dividend payout as its net asset value creeped up in the six months ended 30 September 2021.
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News
LSL & Pollen Street’s joint venture completes buy of Lifetime Finance
Pivotal Growth, a joint venture established by LSL Property Services and Pollen Street Capital, has completed the acquisition of Scottish mortgage broker Lifetime Finance Group.
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Online
High street regeneration: Public space, data and flexible spaces are key, but mass resi conversions aren’t the answer
In the latest episode of PropCast, Anthea Harries, head of assets for Argent’s King’s Cross development, Ibrahim Ibrahim, managing director of Portland Design and Alex McCulloch, director at CACI discuss high street regeneration with Blackstock Consulting’s Anna Beketov.
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Insight
It will take decades for benefits of Leasehold Reform Bill to be felt
Last week, the second reading of the Leasehold Reform (Ground Rent) Bill passed unopposed. Referred to as ‘the appetiser’ by former housing secretary Robert Jenrick, it is the first of a two-part reform of leasehold.
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News
Prime minister introduces ‘Plan B’ Covid restrictions in England
Prime minister Boris Johnson has introduced ‘Plan B’ coronavirus restrictions in England, including asking workers to once again work from home if possible.
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News
John Lewis agrees deal to surrender lease on Sheffield store
John Lewis has agreed a deal to surrender the lease on its Barker’s Pool department store in Sheffield.
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News
Icon Outlet appoints new leasing director
Icon Outlet at The O2 has appointed Louisa Dalgleish as its new leasing director.
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News
ARA Dunedin amasses £3bn European portfolio with InfraRed acquisition
ARA Dunedin has completed its acquisition of the European real estate investment management business of InfraRed Capital, creating a £3bn European portfolio.
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News
Federated Hermes selects SOYO Leeds for Hestia residential platform
Federated Hermes has forward funded the next stage of Caddick Group’s SOYO neighbourhood in Leeds, which will be delivered under the company’s build-to-rent brand Hestia.
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News
Prologis Park Ryton welcomes Chinese eCommerce business
Prologis has agreed a lease with global ecommerce business Furnolic, the UK subsidiary of Ziel Group, for the latest unit at Prologis Park Ryton in Warwickshire.
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News
Edmond de Rothschild secures £25.9m Glasgow development for PRS fund
Edmond de Rothschild Real Estate Investment Management has secured a prime residential development site in Glasgow, its first investment in Scotland, for the Edmond de Rothschild Residential Investment Fund UK.
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News
Rexville Solutions agrees 10-year lease on 100,000 sq ft warehouse
Distribution firm Rexville Solutions has signed a 10-year lease for 100,000 sq ft at a Black Country industrial park.
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News
Aprirose completes sale of 127,000 sq ft North West industrial facility
Aprirose has completed the sale of a 127,000 sq ft warehouse at Haydock Industrial Estate to NFU Mutual for an undisclosed price.