All Property Week articles in 4 December 2020 – Page 5
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News
Oxford Properties in talks to buy M7
Oxford Properties, the real estate arm of Canadian pension fund OMERS, is in talks to buy pan-European investor and asset manager M7 Real Estate in a deal that could be worth close to £4.7bn.
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Online
Countryside and Places for People team up to deliver 10,000 homes
Countryside and Places for People have signed a national framework agreement that will see them deliver up to 10,000 homes in the next decade.
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News
New City skyscraper 22 Bishopsgate completes
Construction of new City of London tower 22 Bishopsgate has completed.
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News
Firethorn Trust on the hunt for 200 acres of land
Firethorn Trust is looking to snap up 200 acres of land as part of its future strategy.
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Online
Ann Summers confirms launch of CVA
Lingerie retailer Ann Summers has confirmed it is launching a CVA.
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News
Khan greenlights Goodsyard after years of controversy
Mayor of London Sadiq Khan has approved the revised plans for The Goodsyard, a controversial £900m mixed-use scheme in Shoreditch.
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News
Value of Stenprop’s multi-let portfolio soars 24%
The value of Stenprop’s multi-let industrial portfolio has soared 24% as the company says it is “not at all” worried about increased competition in the industrial market.
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Online
Overseas investor snaps up Bristol PBSA scheme for £39m
An SGX-listed company has bought a 301-bed PSBSA property in Bristol for £39.3m.
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Online
Colliers’ welcomes new head of Manchester
Colliers International UK has announced a change in leadership in the North West with the appointment of Dominic Pozzoni as its new head of Manchester, as Peter Gallagher takes on a client consultancy role to concentrate on some of their larger development projects.
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Online
Property industry gets behind Xmas Party Heroes initiative raising more than £1.2m
As companies switch to online virtual gatherings for 2020, donations via the Xmas Party Heroes campaign have so far reached more than £1.2m.
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Online
The Crown Estate pledges to become net zero by 2030
The Crown Estate has set out a target to become a net zero carbon business by 2030.
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Online
Mayfair Capital’s Property Income Trust for Charities snaps up logistics site for more than £10m
Mayfair Capital’s Property Income Trust for Charities (PITCH) has acquired a 108,000 sq ft logistics property in Stoke-on-Trent for £10.29m, reflecting a net initial yield of 5.10%.
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Online
Berkeley warns on impact of lockdowns and Brexit as half-year profit falls
Upmarket housebuilder Berkeley Group has posted a 16.6% fall in first-half profit as home sales were dented by the pandemic.
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Online
Landsec sells New Ludgate assets to Sun Venture for £552m
Landsec has sold a mixed-use scheme on a 1.5 acre site next to the Old Bailey in the City of London to Sun Venture for £552m
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News
Tomorrow’s world starts now
Well, that lockdown certainly ended with a bang. On the eve of the grand reopening of ‘non-essential’ stores, Philip Green’s Arcadia empire came tumbling down, and I’ll be damned if it didn’t just drag Debenhams down with it.
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News
Non-green schemes will be ‘uninvestible’
The real estate industry will be “fined into oblivion” and find itself “uninvestible” if it does not become low- or zero-carbon.
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Insight
Councils step up on regeneration
Shoosmiths and Property Week assembled a panel of experts from across the industry to discuss the growing role local authorities are playing in fostering regeneration in partnership with private-sector partners, and how this relationship can help deliver sustainable and vibrant town centres for the local population.
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News
Spin class: a retail domino effect
Arcadia, Debenhams, Divoc – what a week for business collapses. Three household names, although, tbh, Divoc is only a household name in two households – mine and Sophie’s.
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Insight
Industrial & Logistics sector looks set to buck the economic downturn
The responses to Property Week, Savills and Tritax Symmetry’s fourth annual market census, in association with Analytiqa, suggest the industrial and logistics sector is in good health and has a positive future outlook.
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News
Southern Grove makes BTR and co-living move
Residential developer Southern Grove plans to enter the build-to-rent (BTR) and co-living sectors with two new brands and a 2,000-home pipeline in the new year.