All Property Week articles in 4 March 2022
View all stories from this issue.
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NewsClearbell and Barwood Capital sell Thatcham warehouse to Fiera
Clearbell Property Partners III LP (Clearbell), a fund managed by Clearbell Capital LLP, and development partner Barwood Capital has sold a warehouse in Thatcham, Berkshire, for £10.9m to Fiera Real Estate.
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NewsKelvin Properties secures approval for Paisley DWP resi conversion
Renfrewshire Council has approved an application by developer Kelvin Properties to build 67 apartments on the site of a former Department for Work and Pensions (DWP) office in Paisley, Scotland.
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NewsBroadwick Live to open Royal Docks cultural venue
Events and venue operator Broadwick Live Group has leased 55,000 sq ft of space from ingredients giant Tate & Lyle in London’s Royal Docks to create a culture and music centre.
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NewsOTPP and Stanhope join Oxford college to launch £700m global innovation district
A joint venture (JV) featuring Cadillac Fairview, the real estate arm of Ontario Teachers’ Pension Plan (OTPP), and developer Stanhope will invest £700m into a 939,000 sq ft innovation development called Oxford North.
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NewsBarings makes £71m City office building purchase
Real estate investment manager Barings has purchased an 82,000 sq ft office building in the City of London from German asset manager DWS for £70.65m.
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NewsSavills ‘accelerating’ out of pandemic with record profits in 2021
Savills’ chief executive said the business had “accelerated out of the pandemic” after reporting record revenue and profits in its annual results for 2021.
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NewsOxford University gets green light for humanities building
Oxford University has gained planning permission to develop a humanities building on a 1.4ha site in the centre of the city.
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NewsCBRE promotes Marius Schöner to key residential operating role
Marius Schöner, an industry veteran with 26 years’ experience, has been promoted to head of CBRE Investment Management’s EMEA residential operator division.
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OnlineGiles Mackay: Hometrack founder’s new “iBuyer” UPSTIX could be housing’s Cazoo moment
Giles Mackay has a strong claim to being the forefather of proptech in the UK. Following a triumphant track record in structured finance, performance marketing and founding the housing analytics company he sold to Zoopla.
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NewsSecure Income REIT extends leases with Merlin
Secure Income REIT has extended its leases with attraction company Merlin by 35 years to 55.5 years.
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NewsCaffè Nero to launch Stansted flagship in expansion drive
Coffee shop chain Caffè Nero is to open eight stores and will consider acquiring new sites in the coming months.
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NewsAbramovich property sales on hold after sanctions imposed
Sanctions have been placed on Russian oligarch Roman Abramovich, putting the billionaire owner of Chelsea FC’s reported asset sales on hold.
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NewsSERE announces 0.8% NAV uptick
Schroder European Real Estate Investment Trust (SERE) has seen a modest rise in net asset value for fiscal-2021, alongside its first dividend for the current year.
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NewsUK’s highest gym launches at Landmark Pinnacle
The UK’s highest gym, at 571 ft in the sky, has launched to residents at Landmark Pinnacle, the UK’s tallest residential tower in Canary Wharf, London.
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NewsPrimary Health Properties hits 26-year dividend growth streak in FY-2021
A strong set of full-year results for Healthcare-focused REIT Primary Health Properties (PHP) has secured the company’s 26th consecutive year of dividend growth.
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NewsIndustrial activity broke ‘every conceivable record’ in 2021, says LSH
Activity in the UK industrial and logistics sector in 2021 broke “every conceivable record”, according to Lambert Smith Hampton.
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NewsGoya acquires Swanley site for £60m scheme
Goya Developments has acquired an eight-acre site in Swanley with plans to build a 160,000 sq ft industrial scheme with a GDV of £60m, Property Week understands.
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NewsLewisham Council to up home-building credentials through in-house arm
Lewisham Council is set to launch its first shared ownership development in Deptford through its Lewisham Homes housebuilding division.
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NewsSt Edward Homes and Guildford Borough Council greenlight town-centre regeneration project
St Edward Homes and Guildford Borough Council have exchanged contracts on the first stage of a partnership to develop the latter’s town centre.
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NewsPressure mounting on JLL to cut ties with Russian partners
Pressure is mounting on JLL to cut its ties with its Russian partners after Avison Young, CBRE, Colliers Savills, and Knight Frank all confirmed that they were suspending their Russian operations.
