All Property Week articles in 31 January 2020
View all stories from this issue.
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News
Capital & Centric buys site for new Manchester resi scheme
Manchester-based developer Capital Centric has bought a 20,000 sq ft site from Transport for Greater Manchester for a new residential scheme.
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Online
Total Developments completes trio of transactions
Industrial developer Total Developments has completed three transactions worth a combined £31.8m.
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News
Legal & General makes two appointments to future cities team
Legal General has appointed Jennie Hill as chief commercial director and Alexandra Brown as senior development manager to its future cities team, which focuses on regeneration and urban development.
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News
Allied Zurich sells Richmond office for £18.75m
Allied Zurich has sold an £18.75m office building in Richmond to Floreat, an investment company which acquires buildings on behalf of high net-worth individuals.
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Online
Supermarket property investment soars
Investment in supermarket property surged 80% to £1.78bn last year as confidence in the outlook for UK grocery retailers improved, according to Colliers International.
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Online
GPE signs £450m ESG-linked loan facility
Great Portland Estates has signed a £450m ESG-linked unsecured revolving credit facility with five lenders.
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Online
Owner of Mill Ride Golf Club may have property seized under unexplained wealth order
The Mill Ride Golf Club near Ascot may be seized after its owner Zamira Hajiyeva lost a bid in the Court of Appeal today to stop the UK’s first Unexplained Wealth Order (UWO).
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News
Frasers Property commits to net-zero carbon by 2050
Frasers Property UK has committed to net-zero carbon emissions by 2050 and will explain how it will achieve this by the end of the year.
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Online
Hammerson signs flagship store at Dundrum town centre
Hammerson have announced, on behalf of the Dundrum Partnership, that luxury retail shop Brown Thomas is to open its flagship store at Dundrum Town Centre in Dublin.
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Online
Legal & General appoints proptech firm Demand Logic to improve property portfolio performance
Proptech firm Demand Logic has been appointed to improve the performance of buildings across LGIM Real Assets’ property portfolio.
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News
Cubex pre-lets 74,000 sq ft of Halo to Osborne Clarke
Cubex has pre-let 74,000 sq ft of its speculative Halo development in Bristol to Osborne Clarke.
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Online
Over 25m sq ft of logistics take-up achieved in 2019
UK logistics take-up totalled 25.38m sq ft in 2019 - a 20% downturn on 2018, according to CBRE.
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Online
Just under £50bn of investment targeting commercial real estate in London this year
London’s commercial real estate market is set for an increase in investment as £48bn of global capital is targeting the city this year.
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Online
Urban&Civic appoint non-executive director
Urban Civic has appointed Bill Holland as non-executive director and will take on the role on 6 February.
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Online
Hines and QuadReal enter €1.25bn ‘living’ JV
Hines and QuadReal Property Group have entered into a €1.25bn joint venture partnership to establish a new living-focussed programmatic joint venture across continental Europe and regional UK markets.
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Online
Barratt reveals rise in first half profit as it returns more cash to investors
Barratt Developments revealed a further extension to its capital return programme as it reported a rise in first-half profit and revenue after completing its highest number of homes in 12 years.
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Online
First half profit falls at Redrow as chairman announces departure
Redrow has posted a 15% fall in first-half profit after revenue dropped 10% as the housebuilder completed fewer homes.
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Online
Urban Exposure lends £43m to kickstart 470-home Derby development
A joint venture of BBS Capital, Wavensmere Homes and Cedar Group has secured £42.9m of development finance from Urban Exposure to fund a 474-home scheme in Derby.
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Online
Richards appointed City of London’s interim planning chief
The City of London Corporation has appointed Gwyn Richards, currently assistant director of design, as its interim chief planning officer.
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Online
Landlords eye up Forever 21
Landlords including Brookfield Property Partners and Simon Property Group are bidding $81m for collapsed fashion retailer Forever 21.