All Property Week articles in 3 September 2021
View all stories from this issue.
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Online
Furniture manufacturer leases Chesterfield warehouse
Gallery Direct Group has leased the OrionOne warehouse at Markham Vale near Chesterfield from Aver Property, a joint venture between Ergo Real Estate and NFU Mutual.
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Miles Payne to join Cushman & Wakefield’s London capital markets team
Miles Payne, a senior director in BNP Paribas Real Estate’ London West End investment team, will join the Cushman & Wakefield London capital markets team as a partner next year.
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Office occupancy reaches highest level since pre-pandemic
Office occupancy has reached its highest level, at 87%, since March 2020, the last month before the pandemic forced people to work from home, according to data from Metrikus.
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Urban Splash’s turnover jumps 22%
Urban Splash Group’s turnover jumped 22% for the financial year ending 30th September 2020.
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Former Grosvenor director appointed to Merry Hill board
Former Grosvenor director Miles Dunnett has been appointed to the board of directors tasked with overseeing the regeneration of West Midlands shopping centre Merry Hill.
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Shaftesbury opens Whering pop-up in Carnaby
Shaftesbury has opened a pop-up for digital wardrobe app Whering at 5 Upper James Street, Carnaby, in London’s West End.
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Aberdeen city centre retail scheme fully let
Knight Property Group has signed Elvie Framing as the final tenant at its four-unit retail development at 13 Chapel Street, Aberdeen.
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Belfast retail schemes welcomes FitPink
Commerz Real’s real estate fund Hausinvest, has secured a letting to athleisure wear brand FitPink at its Victoria Square scheme in Belfast.
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Knight Frank adds three to its seniors housing team
Knight Frank has significantly bolstered its Seniors Housing offering, adding three new senior surveyors.
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Jenrick says some housing demand measures ‘actively counterproductive’
Housing secretary Robert Jenrick has acknowledged that measures intended to drive up housing demand are sometimes “actively counterproductive”.
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RICS directors wrongfully dismissed, Levitt concludes
An independent review into the Royal Institution of Chartered Surveyors (RICS) has found that four non-executives who raised concerns over an audit were wrongly dismissed.
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Longmartin welcomes Miscusi restaurant to Covent Garden
Longmartin Properties, a joint venture between Shaftesbury and the Mercers’ Company, has leased a 4,190 sq ft unit at The Yards, Covent Garden, to Italian restaurant Miscusi.
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First half earnings dip year on year at Capital & Regional
Capital & Regional posted earnings for the first half of 2021 of £2.3m, down from £4.6m in the first half of 2020.
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BMO Commercial sells London office building for £145.5m
BMO Commercial Property Trust has sold office building Cassini House at 57-59 St James’s Street in London for £145.5m.
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Jenrick rules out scrapping annual 300,000 home target
Speaking at this year’s RESI Convention in Wales, secretary of state for housing Robert Jenrick said the government had no plans to scrap its ambition to build 300,000 homes a year and that the target was “sensible” but “extremely ambitious”.
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Savills dismisses employee over racist tweet
Savills has “terminated” the employment of an employee who allegedly tweeted a racist remark in the wake of the Euro 2020 final.
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Secure Income REIT swings to profit in first half
Secure Income REIT posted a swing to profit for the first half of 2021, with the company expressing optimism about a post-pandemic recovery.
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Cairn Homes half-year profit jumps on strong demand
Cairn Homes posted a significant surge in earnings for the first half of 2021 as it increased its full-year profit expectations.
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Unite Group inks £450m sustainability-linked revolving credit facility
Unite Students has signed a £450m sustainability-linked unsecured revolving credit facility from HSBC, NatWest and Royal Bank of Canada.
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CBRE appoints new exec director of strategic development
CBRE has appointed Louise Wyman, former strategic director of growth and development at Manchester City Council, as executive director of strategic development.