All Property Week articles in 4 March 2022 – Page 4
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9 in 10 SME’s demand sustainable flex space
Around 90% of UK small businesses cite having a sustainable office as one of their top priorities, according to new research.
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AI proptech firm appoints chief technology officer
Recognyte, an AI data technology provider, has appointed Miguel Mendao as its new chief technology officer, Property Week can reveal.
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ASK provides £22.5m to H.I.G. Realty Partners for London lab build
ASK Partners has handed H.I.G. Realty Partners £22.5m to build the latter’s life sciences portfolio in London, Property Week can reveal.
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IM Land strengthen planning and technical team
Two new appointments have been made to the planning and technical teams of IM Land, the strategic land arm of Solihull based IM Properties.
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OakNorth provides £40m loan to social housing group
OakNorth Bank has agreed a £40m loan to Grosvenor Hill Social Impact Group, a newly formed social impact fund, to build a portfolio of social housing.
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BNP sells Kensington hotel for private client
BNP Paribas Real Estate has sold The Exhibitionist hotel in South Kensington, London, on behalf of a private trust client for £10.6m to an undisclosed buyer.
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Round Hill appoints Dass to capital markets arm
Round Hill Capital appointed Rajit Dass as senior vice president within the capital markets group.
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Maven joins forces with Kosy and Puma on Brighton co-living scheme
Maven Capital Partners has entered a partnership with Kosy Co Living and Puma Property Finance to build Brighton’s first purpose built co-living development.
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Henry Boot and GMPF launched £66m spec scheme in Manchester
Henry Boot has launched a £66m speculative office development in Manchester alongside its 50-50 joint venture partner, Greater Manchester Pension Fund (GMPF).
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Workspace sells East London industrial scheme
Workspace Group has sold Highway Business Park in Limehouse, East London, and an adjoining property owned by Canada Life Investments for £23.7m.
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Westbrook forward purchases £172.5m industrial portfolio
Westbrook Partners has agreed to forward purchase two urban logistics portfolios for £172.5m from Chancerygate and Bridges Fund Management.
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Alternative Income REIT provides positive half-year update
Alternative Income REIT has posted a rise of 6.7% in net asset value (NAV) for the six months for 31 December 2021.
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Watkin Jones acquires giant Bristol PBSA site
Developer and operator Watkin Jones has acquired an 819-bed student accommodation scheme in Bedminister, Bristol from local developer Deeley Freed.
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The emerging low build agenda at a time of change
Construction Declares. Architects Declare. Engineers Declare. The ‘low build agenda’. Growing numbers of design and construction professionals before the pandemic were already re-evaluating their objectives and professional paradigms in response to the Climate and Biodiversity Emergency.
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Agents cut ties with Russian partners
Two of the world’s biggest property consultancies have severed ties with their Russian partners, Property Week can reveal, as the situation in Ukraine continues to deteriorate.
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Octopus set to ink deal for prime Brighton offices
Renewable electricity provider Octopus Energy is set to take up to 80,000 sq ft at the Edward Street Quarter development in Brighton, Property Week can reveal.
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Newcore secures planning for Ascot life sciences centre
Newcore Capital Management has secured planning consent to develop a 105,000 sq ft life sciences centre adjacent to Imperial College London’s campus at Ascot.
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Council backs plans for 1,000 homes in new Cambridgeshire town
South Cambridgeshire District Council has given the green light to the final phase of the Northstowe development in Cambridgeshire.
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M&G bolsters resi team with Savills recruit
M&G Real Estate has hired Teresa Cheng, formerly with Savills corporate finance team, as an investment manager in its residential team.
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Hong Kong investor buys BBC fund’s City office for £46m
The BBC’s pension fund has sold a 35,400 sq ft office building in the City of London to Hong Kong investor Chevalier International Holdings for £46m, reflecting a 4.3% yield.