All Property Week articles in 3 February 2023
View all stories from this issue.
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Insight
ULI Europe’s Lisette van Doorn on how real estate investors can speed up decarbonisation
The real estate industry has a major role to play in limiting further global warming to 1.5 degrees by 2050.
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Insight
LSL New Homes Financial Services’ Craig Hall on the Future Homes Standard 2025
In his November statement, chancellor Jeremy Hunt renewed the UK’s government’s focus on energy efficiency in the wake of soaring energy prices, triggered by the war in Ukraine and continued international pressure to meet green targets following COP 27.
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Insight
Huckletree’s Gabriela Hersham on connectivity, connection and the future of the office
It’s almost three years since the start of the first Covid 19 lockdown and for many of us, particularly those of us used to working in an office, it’s clear that the way we work has changed forever.
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News
Avison Young reappointed manager for Birmingham’s Brindleyplace
Real estate adviser Avison Young has been reappointed as the estate management team for Birmingham business, culture and leisure destination Brindleyplace by its owner Hines.
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News
Totaljobs takes 10,000 sq ft at Portsmouth’s Lakeside North Harbour
Recruitment firm Totaljobs has taken more than 10,000 sq ft to accommodate 150 staff at Portsmouth workspace provider Lakeside North Harbour.
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News
Infinium Logistics spends £28m on Banbury EV charging shed
Asset management and logistics solutions firm Infinium Logistics has acquired an EV-charging facility let to Amazon in Banbury for £28m from Paloma Capital.
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News
Puma backs UK’s first research centre focused on ESG in construction
London university UCL’s Bartlett School of Sustainable Construction has launched the UK’s first research centre focused on improving ESG practices in construction, sponsored by Puma Property Finance.
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News
Hines pre-lets three floors of Mayfair office building
Investor, developer and manager Hines has pre-let 14,250 sq ft of office space to an Asian multinational company at mixed-use development The Burlian in London’s Mayfair district.
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Online
UKGBC launches project to deepen understanding of commercial retrofit
UKGBC (UK Green Building Council) is launching a project to deepen industry understanding of the carbon and cost effectiveness of different retrofit measures for commercial property.
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News
Eutopia’s 315-home scheme in Gloucester approved
Developer Eutopia Homes’ proposals for a 315-home scheme in Gloucester with a £70m gross development value have been approved by the city’s council.
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News
House prices continue to slow in longest stretch since 2009
Nationwide’s latest house price index has revealed that UK house price growth slowed for five consecutive months from August 2022 to January 2023, the longest downwards stretch in 14 years.
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News
Labour shortages and inflation continue to slow BTR growth
Rising inflation and labour shortages are continuing to hamper UK build-to-rent (BTR) developments, according to research from the British Property Federation (BPF).
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News
RICS relaunches leadership hunt after failed attempt
RICS has launched a search for a chief executive officer after its hunt for a director-general failed to deliver a suitable candidate to head the institution.
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News
GPE completes £190m sale of 50 Finsbury Square
Great Portland Estates (GPE) has completed the sale of City office block 50 Finsbury Square to a subsidiary of German family office Wirtgen Invest Holding for £190m.
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Online
Bellway and Redrow echo housebuilder concerns over demand
Another two housebuilding giants reported on the impact of the economic downturn on Thursday, as both Bellway and Redrow on flagged persistent market challenges despite a slight pickup in activity in recent weeks.
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Insight
Peter Bill on artificial certitude, real estate certainty
Last week, Microsoft founder Bill Gates suggested the coming of artificial intelligence (AI) was “every bit as important as the PC and the internet”. So I decided to put the much-touted AI app Chat Generative Pre-trained Transformer (ChatGPT) to the test.
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News
New design panel launched to help ‘shape the future’ of Westminster
Westminster City Council is to launch a Design Review Panel that will provide independent expert advice for major developments within the central London borough.
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News
Culture is finally taking centre stage in BTR, says Assael Architecture
In this latest episode of PropCast, Russell Pedley, co-founder and director of Assael Architecture; Mark Davy, who founded the culture and placemaking consultancy Futurecity; and Marcus Foley, the founder of the international advertising consultancy Tommy, join Andrew Teacher to discuss the role and potential impact of culture in build-to-rent (BTR) ...
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News
Industrial capital values fall at record rate as economic pressure mounts
Industrial sector capital values plummeted 26% between June and December last year, after yields increased by more than 120 basis points, reversing compression to a record low in the middle of the year, data from MSCI’s UK Quarterly Property Index shows.
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Online
Dartford pub is star lot in Strettons’ February auction
A former pub in Dartford, Kent with potential for residential redevelopment is leading Strettons’ February auction tomorrow (9 February) with a guide price of £950,000.