All Property Week articles in 3 February 2017 – Page 4
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Insight
Why more PRS developers are buying from housebuilders
The trend of private rented sector (PRS) developers buying stock from housebuilders continued last week with Fizzy Living snapping up a block of 111 flats within Taylor Wimpey’s upcoming 500-unit development on Blackhorse Lane in Walthamstow.
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News
Hong Kong billionaire builds £390m stake in Shaftesbury
Hong Kong billionaire Samuel Tak Lee has established a substantial stake in Shaftesbury worth more than £390m after gradually buying up the company’s shares since the EU referendum.
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News
Minerva plans £700m debut Camden scheme
Affordable housing group Minerva Smart Cities is in negotiations with Camden borough council in London to build a £700m “meaningfully affordable” residential scheme.
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News
London's Oxford Street set to lose its Voice
Beleaguered music retailer HMV is set to exit its iconic Oxford Street store, bringing an end to its 96-year association with the street.
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News
City office scheme lets up at pre-vote rental levels
Tristan Capital and Addington Capital have fully let their City of London office scheme Randall House, achieving similar rents and terms as they did before the Brexit vote.
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News
Kier's London HQ up for sale
Kier Group has put its HQ office building in London on the market in a sale-and-leaseback deal for £92m.
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Insight
Is wait nearly over for housing white paper?
The housing white paper is finally set to be published on Monday - assuming it is not subject to yet another delay.
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Insight
REITs face a new reality as foreign capital evaporates
Festinger’s 1957 theory of cognitive dissonance notes that individuals seek consistency in their cognitions (beliefs) so they tend to twist facts to remove any conflict (dissonance). REITs now seem to be suffering from ‘valuation dissonance’ with low share prices and high portfolio valuations. But although they seem cheap, we don’t ...
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Insight
BTR lending market springs to life with landmark deals
The lending market for build-to-rent (BTR) development has seen a number of landmark deals that suggest lenders are finally embracing the asset class.
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Markets
Has Leicester’s football feelgood factor spread beyond the stadium?
Leicester City FC’s shock Premier League win will go down as one of the great feelgood sporting achievements in history. For a team tipped for relegation at the start of the season to have beaten 5,000-1 odds to claim the title was little short of a miracle.
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Online
Assura shares jump after trading update
Assura shares rose sharply on Wednesday after the company announced a 9% hike in its dividend and revealed significant progress in its acquisition plans.
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Online
Grafton's Nigel Kempner passes away
Nigel Kempner, the founder of Grafton Property Advisors and a leading figure in the West End property market, passed away yesterday at the age of 60.
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Professional
Uncertainty remains over garden villages and starter homes
Already this year, the government has announced the locations for 14 garden villages and bolstered affordable housing by stating that the first starter homes will be built across brownfield sites in 2017, through the first wave of 30 local authority partnerships established under the £1.2bn Starter Homes Land Fund.
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News
Prohibitive SDLT fuelling housing crisis - policy rethink required
Government policy on property and construction is exacerbating the UK’s housing crisis and a drastic rethink of tax policy – including a cut to SDLT as highlighted by your Call Off Duty campaign – could help the housing market to recover.
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Online
Telford Homes buys east London development site for £30.2m
Telford Homes has bought the former London Electricity Board Building in Bethnal Green, East London, for a £95m residential scheme.
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News
Going downhill fast? Good!
Investec and English cricket. BNP Paribas and the French Open. Now Delancey and British skiing?
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News
Oranges squeezed out by sharp business rates rise
Rates rises have claimed an unlikely victim among lovers of fruit diversity.
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Professional
People Moves: S Harrison, JLL, GVA, CityWest Homes and more
All the latest moves, appointments and promotions from across the property sector.
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News
Separated at birth: Adam Rosan and Tom Hardy
Tinker, Tailor, Soldier … er, consultant? The Cold War espionage thriller movie might not have had the same ring if KALMARs’ Adam Rosan had been cast in his job role, but he could easily have doubled in Tom Hardy’s role as Ricki Tarr.
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Professional
Q&A: Capita’s director of housing on the firm’s ‘centre of excellence’ for estate regeneration
Last week, Capita Real Estate and Infrastructure announced the creation of a new arm of the business dedicated to housing estate renewal. Capita’s establishment of the Estates Regeneration Unit followed hot on the heels of the publication of the national strategy for estates regeneration at the end of last year. ...