All Property Week articles in 30 July 2021
View all stories from this issue.
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NewsWork starts on Inspired Villages Hampshire scheme
Specialist later living developer Castleoak has begun construction on a retirement village near Chandler’s Ford, Hampshire, for later living operator Inspired Villages.
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OnlineAlantra advises Oakland Care on new financing package
Alantra, the independent global mid-market investment banking firm, has advised Synova and Oakland Care on a new five-year financing package.
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OnlineShaftesbury utilises Least for digital leasing deals
Shaftesbury has completed two digital end-to-end commercial leasing deals, using software from proptech start-up Least.
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OnlineIndian street food eatery Mowgli makes London debut
Mowgli Street Food, the Indian home-cooking and street-food inspired eatery, has signed for its debut London site at 5 Charlotte Street in Fitzrovia.
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OnlineAltrincham’s Rackhams building set for redevelopment
Bruntwood Works and Trafford Council have revealed redevelopment plans for the former Rackhams building in Altrincham town centre in Greater Manchester.
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NewsHammerson posts £396m loss, but CEO confident of ‘pathway’ to value
Hammerson has posted a total comprehensive loss for the first half of this year of £395.6m, but the retail landlord maintains that there is “a pathway to create sustainable value”.
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OnlinePrivate equity firm acquires stake in AXA life sciences platform
Real estate private equity firm Madison International Realty has invested in AXA IM Alts’ European life sciences platform.
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NewsSavills August sale raises just over £20m
Savills’ latest auction on 4 August raised £20.1m, selling 49 – or 74% – of its 66-lot catalogue.
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OnlineVTS expands UK team with six new appointments
Asset management platform VTS has made six new appointments after growing its office space at 58-59 Great Marlborough Street.
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OnlineFrasers’ Ashley to hand reins to future son-in-law Michael Murray
Frasers Group has said Michael Murray will succeed Mike Ashley as chief executive on 1 May 2022.
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OnlineHines adds three new hires
Hines has hired an asset manager, an associate and an analyst to its UK team.
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OnlineLandsec welcomes ProCook to White Rose centre following strong year of leasing
Landsec said kitchenware brand ProCook has opened a 2,786 sq ft store in White Rose shopping centre, Leeds.
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OnlineING completes £177m refinancing of Notting Hill Gate Estate
ING has completed the refinancing of Notting Hill Gate Estate in London, on behalf of leading UK asset manager Frogmore and its joint venture partner Morgan Stanley.
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NewsSavills confident on annual performance as half-year earnings rocket
Savills posted record earnings for the first half of 2021, crediting strong trading in the less transactional service lines, improving transactional markets and cost management for its performance.
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NewsFirefly Capital sells NHS-tenanted Kilby House
Firefly Capital has sold the long leasehold of Kilby House in Liverpool for £7.75m, reflecting a net initial yield of 8%, Property Week can reveal.
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Online‘Spring in the step’ of London office market in Q2 2021
There was “a spring in the step” of the central London office market in Q2 2021, according to DeVono Cresa, with more businesses committing to new office space as plans to return to workplaces took shape.
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NewsWestminster council offers refunds for Marble Arch Mound attraction
The entry fee for the West End’s newest tourist attraction, the Marble Arch Mound, is being scrapped this month and refunds are being offered after visitors reported being “disappointed”.
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NewsAviva Investors and PSP snap up Hoxton Campus
Aviva Investors and Canadian pension investment manager Public Sector Pension Investment Board (PSP Investments) have acquired Hoxton Campus.
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NewsSavills appoints sustainable design director
Savills has expanded its new Savills Earth team with the hiring of Dan Jestico, who joins as a sustainable design director.
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NewsOld Park Lane Management gets green light for 7 Millbank office development
Old Park Lane Management (OPLM) has received planning consent from Westminster City Council for Baola Properties to create an office development in Westminster.
