All Property Week articles in 4 December 2020 – Page 4
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UK property tax hits £91bn for first time
Tax revenues from property in the UK hit £91bn for the first time last year, according to the Organisation for Economic Co-operation and Development.
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Knight Frank appoints associate to Leeds resi valuation team
Knight Frank has appointed Aimee Howard as an associate in its residential development valuation and advisory team in Leeds.
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Burgers and furniture come to Clearbell’s Riverwalk Durham
Clearbell Property Partners has let two units at its retail and leisure scheme The Riverwalk in Durham to a burger restaurant and a furniture store.
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Commercial Park Group pours £200m into South East office trifecta
The Commercial Park Group, a partnership between Sir Robert McAlpine and the John Baker Group, has revealed plans to invest £200m in three offices schemes in the South East.
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ParkBee London appoints managing director
Digital car park operator ParkBee has appointed Angelique de Rauville as managing director for its UK business.
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Chancerygate and Bridges buy Edinburgh site for £25m shed scheme
A joint venture between Chancerygate and Bridges Fund Management has bought a 7.5-acre site in Edinburgh with plans to develop an industrial scheme with a GDV of £25m.
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Inspired Villages appoints Sonia Parol as design director
Legal General’s retirement housebuilder Inspired Villages has appointed Sonia Parol as design director.
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NHS eye screening specialist relocates to former Yorkshire silk mill
NPS Care, a diabetic eye screening specialist, has signed a lease for two new premises at a former silk mill in West Yorkshire.
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Lone Star ups offer for McCarthy & Stone to £647m
US private equity firm Lone Star has upped its offer for housebuilder McCarthy Stone, valuing it at £647m. The firm’s previous offer was £630m.
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Pressure growing on F&B retailers to pay back business rates relief
Pressure is growing on a number of F B retailers to pay back business rates relief after almost £2bn was given back to the treasury by a number of supermarkets.
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Ashley’s Frasers Group in talks to save Debenhams
Mike Ashley’s Frasers Group is in negotiations with administrators regarding a potential rescue of Debenhams.
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Homes England signs up to Building Safety Charter
The government’s housing delivery agency Homes England has become a registered signatory of the Building Safety Charter.
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Rothschild invests in supported living assets
Funding Affordable Homes (FAH) has completed the acquisition of two developments in the Isle of Wight and Rochdale for a combined £23m.
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Banks will soon become a lot less collaborative, warns Dentons
MondayWeek is a new podcast for the real estate sector, out every Monday, where we invite senior business leaders to analyse the big stories defining the week. In the second episode, Dentons’ head of UK real estate, Deepa Deb, discusses business rates, the ongoing cladding crisis and why CVAs are ...
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Connells makes increased firm offer for Countrywide
Connells has increased its offer for rival Countrywide by £30m to around £112m, turning up the heat in the battle for the UK’s largest estate agency group.
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CLS buys Berlin office scheme
CLS Holdings has paid Deutsche Investment KVG €43.5m (£39.6m) for an office scheme in Berlin.
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Warehouse REIT snaps up Milton Keynes industrial estate
Warehouse REIT has paid £17.5m for Granby Industrial Estate in Milton Keynes.
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Landsec buys City of London block for £87m
Landsec has paid PGIM Real Estate £87m to acquire 55 Old Broad Street in the City of London.
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Liverpool mayor arrested as part of property investigation
The mayor of Liverpool, Joe Anderson, has been arrested as part of an investigation into building and development contracts in the city.
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Propertyshe Perspectives: New concepts to repurpose our high streets and shopping centres, West End news, Crossrail 1 and 2, an inventive Hammersmith Bridge plan, the virtual RESI Awards 2020
It’s been a mixed week. There has been positive news in terms of the prospect of a vaccine on the horizon to combat Covid-19, but there has also been bad news with the collapse of high street stalwarts Arcadia and Debenhams and the potential loss of thousands of jobs.