All Property Week articles in 31 March 2023 – Page 2
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NewsGove “firing shots” at building material manufacturers
Industry experts have welcomed housing secretary Michael Gove’s ”recognition” that insulation suppliers should financially support building safety remediation work, but urged him to set requirements and regulation for them to do so.
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NewsCalls for government to find replacement scheme for Help to Buy
Property experts have called on the government to support SME developers and boost housing delivery after its Help to Buy (HTB) scheme officially ended last week.
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NewsLondon office investment rebounds after record lows
Investment in central London offices has rebounded in the first quarter of 2023 driven by an influx of Asian investment, with agencies forecasting a marked recovery after the lowest levels of investment on record at the end of 2022.
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NewsGovernment launches Older People’s Housing Taskforce
The government has launched its long-awaited Older People’s Housing Taskforce (OPHT) to help improve accommodation options for the elderly.
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NewsIlke buys Milton Keynes site from L&Q to build 140 homes
Modular housebuilder ilke Homes has acquired seven acres to develop 140 homes near Milton Keynes, Buckinghamshire, from L&Q Estates, for an undisclosed amount.
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NewsPBSA market to reach £4.5bn by 2025, says SPG
The purpose-built student accommodation (PBSA) sector has bounced back from a pandemic-induced decline and will reach a value of £4.5bn in two years, according to Stripe Property Group (SPG).
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NewsGII sells South Wales Airbus site to Kuwaiti family office
UAE investment firm Gulf Islamic Investments (GII) has sold Celtic Springs Business Park in Newport, South Wales, to Kuwaiti family office AW Properties for an undisclosed amount.
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NewsUntold Living hires Amy Herbert as director of operations
Later living developer-operator Untold Living has recruited Amy Herbert, former director of nursing homes at the St Monica Trust, as director of operations.
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NewsKirsten Hald named UK regional rep to BPF Futures advisory board
Kirsten Hald, a surveyor in real estate adviser Colliers’ Birmingham office, has been selected to join the British Property Federation’s (BPF) Futures division.
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NewsM7 Capital lends £7m to support prime Birmingham office asset acquisition
Real estate debt specialist M7 Capital (M7C) has provided a £7m loan to support Linden Hill Capital’s (LHC’s) acquisition of prime Birmingham office and retail building Maple House.
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OnlineSGS claims “significant progress” in turnaround of former intu shopping centres
Shopping centre group SGS has told investors it has made “significant progress” on its three-year business plan, which includes investment of more than £130m in its centres.
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OnlineM7 Regional E-Warehouse REIT post maiden annual results
M7 Regional E-Warehouse REIT has posted its maiden results following its listing on the International Property Securities Exchange.
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OnlineLSL appoints new chairman
LSL Property Services has appointed David Barral to become chairman following the impending retirement of Bill Shannon.
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OnlineSEGRO signs up Maersk at East Midlands logistic park
Industrial and logistics giant SEGRO has completed a pre-let deal with Maersk for a new warehouse at SEGRO Logistics Park East Midlands Gateway.
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NewsAIPUT plans Heathrow warehouse backed by £350m debt facility
Abrdn’s Airport Industrial Property Unit Trust (AIPUT) has submitted plans to develop an industrial unit at its Radius Park campus near Heathrow - its first project to be financed by a £350m debt facility from Wells Fargo Bank.
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OnlineTfL selects Barratt as JV partner on west London scheme
Transport for London (TfL) has appointed Barratt as its joint venture partner for its development of Bollo Lane in Acton and a range of other potential sites in west London.
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OnlineAsian investors driving central London office investment revival
Investment in central London offices has rebounded in the first quarter of 2023 driven by an influx of Asian investment, with agencies forecasting the start of a recovery after the lowest levels of investment on record at the end of 2022.
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OnlineRICS makes key sustainability and DEI appointments
Dr Louise Brooke-Smith OBE and Frank Hovorka have been appointed to the RICS board to lead new panels focusing on diversity and sustainability respectively.
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OnlineNAV slumps at UKCM due to outward yield movements
UK Commercial Property REIT (UKCM) has posted a slump in net asset value from £1.3bn to £1bn in the year to the end of December.
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OnlineAllsop’s City of London team hires Keogh as senior associate
Allsop has poached Alice Keogh from JLL to join its City of London leasing team, where she will become a senior associate.
