All Property Week articles in 31 July 2020
View all stories from this issue.
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Stock market summary: 6 August
Hammerson’s share price drops nearly 15% as it announces a share placing.
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MRI Software buys Housing Partners
Proptech business MRI Software has bought Housing Partners, a specialist technology partner for the social housing sector in the UK and Ireland.
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Nedgroup Investments launches two new share classes
Asset manager Nedgroup Investments has launched two new share classes for its global property fund due to increasing investor demand.
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Four new tenants takes St Modwen’s Chamberhall Business Park to 70% let
St Modwen has signed up four new tenants at Chamberhall Business Park in Bury, a month after completing the scheme.
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British Land submits revised proposals for Paddington tower scheme
British Land has submitted revised proposals for its redevelopment of 5 Kingdom Street in Paddington to the Mayor of London.
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GL Hearn poaches Kevin Farrow from Cushman & Wakefield
Farrow joined Cushmans in November 2018 after 12 years at CBRE working as a senior director.
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Royal Borough of Greenwich awards £300m modular homes contract
The Royal Borough of Greenwich has awarded A E Elkins what is believed to be the largest contract for modular council homes to date, worth £300m.
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Airview Park developer assembles team of planning and design experts
The developer behind a new business park next to Newcastle International Airport has appointed a team of planning, communications and commercial property experts for the site.
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Capreon completes Marylebone refurbishment
The real estate arm of Noé Group, Capreon, has completed the refurbishment of BMO Real Estate Partners’ former London office.
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Homes for Students reaches 25,000 bed milestone
Student accommodation operator Homes for Students has hit its 25,000 bed milestone.
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Green light for 5m sq ft London neighbourhood Thameside West
A new neighbourhood in Silvertown, east London, has been given the go-ahead by the Greater London Authority.
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Tritax makes first speculative letting at Symmetry Park to Butternut Box
Tritax Big Box has let a 151,388 sq ft warehouse in Doncaster to pet feed business Butternut Box.
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Planning for the future
The government’s latest steps in reorganising the planning system to accelerate delivery was heralded earlier this week, followed by more detail in its newly published planning reform paper.
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Tritax Big Box holds ‘cautious approach’ despite operating profit increase
Tritax Big Box REIT has reported a rise in operating profit and slight uptick in NAV in its half-year results.
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Buildots secures $16m in funding for AI developments
Artificial intelligence (AI) firm Buildots has secured $16m (£12m) in funding, allowing it to leverage the power of AI to track, analyse and provide data for construction project teams.
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Planning shake-up: Five things to take away from the government’s new reforms
After months of speculation, last night housing secretary Robert Jenrick announced his radical overhaul of the planning system.
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Savills reports 66% drop in underlying pre-tax profit
Savills’ underlying pre-tax profit dropped by 66% in the six months to 30 June.
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Appeals against business rates soar in wake of Covid-19 uncertainty
Over 2,000 non-domestic premises are challenging their business rates every day in England, according to data from the Valuation Office Agency.
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A quarter of FTSE real estate firms issue profit warnings in first half of 2020
Just over a quarter of FTSE real estate companies have issued profit warnings during the first six months of the year, according to EY’s latest Profit Warnings Report.
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Henderson Park sells 30-33 Molesworth Street to German real estate fund manager
Henderson Park has sold 30-33 Molesworth Street in Dublin to German real estate fund manager KanAm Grund Real Estate Asset Management.