All Property Week articles in 3 June 2022
View all stories from this issue.
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NewsSchroder REIT posts record NAV in latest results
Schroder REIT (SREIT) has posted its highest net asset value total return for the financial year to the end of March.
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NewsHotel investment scheme directors disqualified for total 25 years
The directors behind an £8.9m hotel room investment scheme have been disqualified from running companies for a total of 25 years, according to the Insolvency Service.
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NewsBNPPRE promotes McMahon to head of strategy
BNP Paribas Real Estate (BNPPRE) has confirmed Stephanie McMahon will become its head of strategy, while Vanessa Hale takes up the position of head of research and insights.
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NewsBruntwood Works submits plans for Pall Mall renovation
Bruntwood Works, the workspace, retail and leisure arm of Bruntwood, has submitted a planning application to redesign and revitalise the grade II-listed Pall Mall in the heart of Manchester city centre.
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NewsLendlease names Cseplo-Jeffrey as BTR ops director
Australian real estate giant Lendlease has appointed Valerie Cseplo-Jeffrey as its new build-to-rent (BTR) operations director, as it expands its BTR offer with its City Lights Point development in south London.
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NewsHelmsley Group’s York net zero hotel plan approved
City of York Council has approved plans for an 82-bedroom, city-centre hotel that developer and investor Hemsley Group said would be one of the first in the UK to generate net-zero greenhouse gas emissions.
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NewsMixed views on Right to Buy extension
The property industry has reacted with mixed views to the prime minster’s announcement that he will extend the Right to Buy scheme, where council tenants can buy their own homes.
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NewsRockstar Games invests in leisure experience group Broadwick Live
UK live experience provider Broadwick has received investment backing from global gaming giant Rockstar Games.
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NewsDawsongroup claims record price for £42m Milton Keynes site sale
Listed commercial assets supplier Dawsongroup has disposed of a 14.7-acre parcel of Bedfordshire land off the M1 for £42m, claiming a record price of £3m/acre for land outside the M25 classified as B1/B8 - offices linked to industrial and logistics/distribution.
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NewsCastle Green acquires Cheshire site for 108-home development
Residential developer Castle Green is believed to have paid around £25m for a 43-acre site at Daresbury Park, Cheshire from Marshall CDP, which secured outline consent for 305 homes there in 2020.
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NewsGrosvenor launches biodiversity strategy
Grosvenor Property UK (GPUK) is rolling out a biodiversity strategy that it claims will create significant biodiversity net gain across the firm’s UK’s portfolios.
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NewsUnite Students announces ‘for good’ tranche of future annual profits
PBSA operator Unite Students has committed to donating 1% of annual profits to social initiatives.
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NewsRetal Urban Development sets for £1bn IPO listing
Retal Urban Development has completed its offering period to individual investors as part of its IPO journey.
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NewsPret A Manger secures 4,109 sq ft at The Avenue in the West End
AshbyCapital, the property investment advisory company, has let 4,109 sq ft of space at The Avenue development in London’s West End to Pret A Manger.
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NewsChancerygate and Northwood team up for Manchester logistics site
Chancerygate and Northwood Investors have formed a joint venture (JV) to build a 131,000 sq ft logistics site at Trafford Park, Manchester.
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NewsHuawei to downsize in move to new Thames Valley Park HQ
Chinese tech giant Huawei Technologies is under offer to take around 30,000 sq ft for a new base at Thames Valley Park, downsizing from its current 140,000 sq ft Reading home.
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NewsEdinburgh’s economic growth threatened by lack of new office space
A lack of new office space in Edinburgh could damage the city’s future economic growth, according to Knight Frank.
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NewsGary Neville and Betfred founder to deliver central Manchester hotel
Gary Neville has partnered with the property developer owned by Betfred founder Fred Done to build a 40-storey tower at his St Michael’s scheme in Manchester city centre.
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NewsCole Waterhouse secures site for 300,000 sq ft logistics scheme in Salford
Cole Waterhouse has purchased land to build a 300,000 sq ft logistics site next to the AJ Bell Stadium in Salford.
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Gerald Eve adds to national planning and development team
Gerald Eve has appointed Sean Rooney as associate and Mark Balaj as senior planning consultant in its planning and development team.
