All Property Week articles in 31 March 2017 – Page 6
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Information
Analysis of past cycles bodes well for central London offices
The central London office market won’t suffer the sharp falls in rents seen in previous cycles, according to analysis by CBRE that draws on more than 30 years of data.
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News
West Campus scheme in Aberdeen up for sale
M G has appointed Knight Frank to sell a 211,000 sq ft mixed-use office and industrial HQ development in Aberdeen, quoting an asking price of £38.75m.
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Insight
L&G racks up deals to expand BTR portfolio
Legal General’s £47.5m purchase last week of a site in Bath for the development of 171 homes for rent is just the start of a major acquisition push from the insurer this year, build-to-rent (BTR) fund manager Dan Batterton reveals.
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News
Student housing JV targets 10,000 beds in five years
Mayfair-based residential developer Southern Grove has teamed up with Bahraini investor Tadhamon Capital to launch a new student accommodation joint venture called Future Generation.
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Insight
New trade body claims short lets can ease housing crisis
A trade body representing short-term letting firms including Airbnb formed last week with the aim of “debunking myths” surrounding this fast-growing industry.
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Online
GPE lands record Soho office rent
Great Portland Estates has achieved a record office rent for London’s Soho letting out 6,825 sq ft at 30 Broadwick Street to Exponent Private Equity at £110/ sq ft.
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News
GPE raises £175m in US private placement at low 2.15% coupon
Great Portland Estates has raised £175m through the issue of seven year US private placement notes at a fixed rate coupon of just 2.15% as part of a refinancing that will significantly extend the company’s debt maturity and slash its average interest rate.
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Online
Roomzzz launches expansion plan
Aparthotel developer and operator Roomzzz has appointed agents at Christie Co with a mandate to expand its portfolio.
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Insight
Cannes serves up a classic
The property sector descended on Cannes Tennis Club earlier this month for the third annual Mipim Tennis Classic in support of LandAid.
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Insight
Placemaking key to thriving Scottish towns and cities
There has been a lot of talk about the growth of the nascent BTR housing market in Scotland in recent months, but very little about the importance of communities.
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Professional
Businesses must look seriously at their data compliance
Root-and-branch data protection reform is coming under the General Data Protection Regulation (GDPR). Even though this is European legislation, the UK government has confirmed that it will still become law. It takes effect on 25 May 2018, which is not as far off as it sounds.
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Insight
Upbeat mood will help us fix the housing crisis
With Brexit still rumbling on in the background, no doubt many were expecting political uncertainty to hang over this year’s Mipim like the rainclouds did last year. But as Property Week editor Liz Hamson noted, there was in fact a surprising sense of optimism along the Cannes beachfront.
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Online
Liz Peace favourite to become chair of Old Oak
Former chief executive of the British Property Federation Liz Peace is being lined up to chair the organisation overseeing the £10bn regeneration of Old Oak in West London, Property Week understands.
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Insight
At long last, the government is listening on Brexit
While the weather at this year’s Mipim conference in the south of France was lovely, particularly when compared with the cold and rain of a year ago, this year there appeared to be a heightened level of focus and seriousness.
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News
Panther shreds white paper
Panther Securities’ Andrew Perloff took aim at the housing white paper in the latest instalment of his legendary ‘Chairman’s ramblings’ last week.
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News
Property companies help rebuild a royal marine’s life
The Royal Marines Charity has teamed up with 14 property and construction companies including Patron Capital, Persimmon Homes and Howdens to design and build a bespoke house for a disabled royal marine.
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News
Separated at birth: Andrew Percival and Kelsey Grammer
Readers may have found quite a few humorous lines in PW’s interview with UPP’s Andrew Percival last week, maybe that’s down to the subject’s striking likeness to Frasier and Simpsons star Kelsey Grammer.
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Online
Costa Coffee buys Essex building for Europe's largest coffee roastery
Costa Coffee has bought what will become Europe’s largest coffee roastery, in Basildon, Essex, from Prologis for an undisclosed sum.
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Professional
Q&A: British Land realises benefits of opening up dialogue with suppliers and advisers
In what is believed to be an industry first, British Land recently organised a conference for its suppliers and advisers.
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Professional
People Moves: Capita Real Estate, Goodwin, Lodders and more
All the latest moves, appointments and promotions from across the property sector.