All Property Week articles in 3 March 2023
View all stories from this issue.
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Insight
Ascendix’s Wes Snow on which proptech trends will bring returns in 2023
While 2023 does not look like a perfect time to invest in real estate, the volatile macro-economic environment could hold attractive opportunities for proptech investors – if they look in the right direction.
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Insight
Ringley’s Kate Robinson the regulatory maze which could leave leaseholders out of pocket
Section 4 of the Building Safety Act requires an appointed person to ensure fire and structural safety for all buildings deemed high-risk. The government’s consultation proposes that resident management companies (RMCs) and right-to-manage companies (RTMs) appoint building safety directors in place of volunteers, if unable to designate someone that can ...
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Insight
Heart of London Business Alliance’s Ros Morgan gives her 10 reasons to be happy three years on from Covid
Almost three years since Covid-19 shut much of the world down, there are green shoots of hope among the West End’s businesses.
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News
AJC hires Hepple as head of strategic land
Dorset-based affordable housing specialist AJC Group has appointed Harry Hepple as head of strategic land, based at the firm’s Poole headquarters.
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News
Government pledges £42m to support building safety reforms
A funding package worth £42m to recruit and train 110 building control Inspectors and 111 fire inspectors has been unveiled as part of the government’s building safety reforms.
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News
Taylor Wimpey buys Henry Boot Milton Keynes site to build 1,855 homes
Housebuilder Taylor Wimpey has acquired a 342-acre site in Milton Keynes to build 1,885 homes from investor and developer Henry Boot for an undisclosed amount.
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News
Green light for JV’s 117,000 sq ft Battersea SME hub
A joint venture (JV) between developer The Linton Group and asset manager Henika Group has been given the go-ahead to develop a 117,165 sq ft co-working hub in Battersea, south London.
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News
Realstar makes hires to boost BTR team
Canadian real estate investor Realstar Group has appointed three members to its UK build-to-rent (BTR) team.
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News
Durkan hires Trenwith as group land director
London and South East-focused housebuilder and construction firm Durkan has appointed Stephen Trenwith as group land director.
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News
Prologis UK event raises awareness of logistics careers
Logistics real estate owner and developer Prologis UK has welcomed over 100 students to The Hub, a centre for logistics training and education at Daventry International Rail Freight Terminal (DIRFT), in a bid to raise awareness of careers in the sector.
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Online
PGIM RE buys North-west housing portfolio from Goldman Sachs AM
PGIM Real Estate, the property investment business of US asset manager PGIM, has acquired a portfolio of 918 single-family rental homes in Manchester and Liverpool from Goldman Sachs Asset Management.
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Online
High shed take-up giving way to sector rebalancing, says LSH
UK industrial and logistics take-up of 60.5m sq ft in 2022 fell short of 2021’s figure, but was still the second highest year on record, according to the latest report from Lambert Smith Hampton (LSH).
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Online
DTZ Investors snaps up Croydon retail park for £59m
DTZ Investors has bought Croydon’s Purley Cross Retail Park, where the main tenants are Aldi and M&S supermarkets, for £59m from Oval Real Estate.
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Online
Knight Frank names Harley head of new ESG team
Property consultancy Knight Frank has created an ESG research team and appointed Flora Harley as head of ESG research to lead it.
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Online
Hammerson CEO says group has ‘turned a corner’ as earnings leap 60%
Hammerson chief executive Rita-Rose Gagné has told Property Week the company has “turned a corner” after it posted a 60% rise in underlying earnings for the year to the end of December, which stood at £105m, ahead of guidance of “not less than £100m”.
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Online
Landsec launches £400m green bond
Landsec has launched a £400m green bond via Land Securities Capital Markets, the group’s first such fundraising.
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Online
Century Capital secures £100m funding
Century Capital has secured a £100m funding line from NatWest to increase the group’s lending programme.
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News
Planning application submitted for £100m MK resi scheme
Build-to-rent (BTR) developer and operator PLATFORM_ has submitted a planning application to Milton Keynes City Council for a residential-led development representing over £100m of investment.
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News
Moda enters PBSA market with 10,000-bed plan
Build-to-rent (BTR) developer and operator Moda Living is branching out into the purpose-built student accommodation (PBSA) market with plans to deliver 10,000 new student beds in five years.
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News
HelloFresh to occupy new distribution centre at SmartParc SEGRO Derby
SEGRO has announced that HelloFresh has signed to occupy a new 434,000 sq ft distribution centre at SmartParc SEGRO Derby, a 1.85m sq ft high-tech food campus, for an undisclosed fee.