All Property Week articles in 4 November 2022
View all stories from this issue.
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Online
Home REIT suffers new tenant blow as it updates investors on review
Troubled residential group Home REIT has suffered another blow following news that its largest tenant has slipped into arrears four weeks after entering voluntary administration.
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News
Heritage body accuses M&S of defamation over Oxford Street enquiry
A row has broken out over M&S’s comments about evidence given by SAVE Britain’s Heritage trustees at the recently closed public inquiry into the redevelopment of the retailer’s flagship store on Oxford Street.
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News
RICS reports fall in residential new buyer enquiries for sixth successive month
Residential new buyer enquiries fell for the sixth successive month in October, according to the the latest Residential Market Survey from RICS.
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News
Student accommodation under pressure as students struggle to pay rents
Rent guarantor Housing Hand has warned unparalleled demand for university places and a lack suitable homes are creating pressure on the student accommodation market, with students struggling to pay rents and more of them failing referencing.
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News
F1 Arcade revs up Birmingham for second venue
F1 Arcade, the developer of a Formula 1-licensed leisure concept, has chosen Birmingham for the site of its second UK venue.
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Activist investor requests general meeting to oust Purplebricks chairman
Activist investor Adam Smith has stepped up his campaign to remove Purplebricks chairman Paul Pindar by requesting a general meeting and calling on shareholders to appoint Rightmove founder and industry veteran Harry Hill as chairman.
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News
New plans for Abri’s Poole affordable housing scheme submitted
Developer AJC Group has submitted plans with Bournemouth, Christchurch, and Poole (BCP) Council for the second phase of its £15m affordable housing scheme for Abri Housing Association in Poole, Dorset.
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News
Hastings arcade redevelopment site sold
A former amusement arcade and nightclub site in Hastings earmarked for a residential redevelopment has been sold to Oasis Developments Hastings for an undisclosed amount.
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News
Cushman & Wakefield appoints Nick Carvey as associate
Commercial real estate services firm Cushman & Wakefield has expanded its UK logistics & industrial team with the appointment of Nick Carvey as an associate.
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Industrials REIT takes 4,300 sq ft at Stockport Exchange
Stockport Council and developer Muse have signed a deal with multi-let specialist Industrials REIT, which will take 4,327 sq ft at business district Stockport Exchange.
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News
Trio of housing associations hire Strettons
Housing associations Notting Hill Genesis, Metropolitan Thames Valley Housing and Network Homes have appointed surveyor Strettons to provide property consultancy and valuation services for their affordable homes portfolios.
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News
Hamptons nets Wimbledon tennis accommodation provider
Estate agent Hamptons has acquired Wimbledon Accommodation, which provides places to stay for players during the tennis tournament, to boost its short-term lettings offer.
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News
Phase 2 consultation launched for £700m Oxford innovation district
Joint venture (JV) company Oxford North Ventures has launched a four-week public consultation on new designs for phase 2 of Oxford North, the city’s £700m innovation district, featuring three incubator and HQ laboratory buildings across 425,000 sq ft.
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News
The Langham Estate lets over 54,000 sq ft in London's Fitzrovia
The Langham Estate, which owns a central London property portfolio of around 13.8 acres, has let more than 54,000 sq ft of commercial space in Fitzrovia, with another 56,000 sq ft in legal process.
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Proptech investment 'reached a record $24bn' for 2021
The year 2021 saw the highest value of proptech investment on record to the value of $24bn, according to Hampleton’s H2 2022 M&A Market Report.
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News
Waypark Capital completes £15.4m of loans for UK offices
Waypark Capital, the recently launched commercial real estate lending platform, has completed over £15m of loans in two separate transactions involving UK office properties.
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News
Regional REIT’s retention for lease renewals remains high for Q3
Regional REIT has exchanged on 83 leases with new tenants totalling 221,446 sq ft and £3.8m per annum of rental income when fully occupied, since 1 January 2022.
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News
St. Modwen acquires 170,000 sq ft Hatfield warehouse for £50m
Logistics manager and developer St. Modwen has acquired a 170,000 sq ft cross-docked distribution centre for £50m in Hatfield, Hertfordshire.
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HJ Collection completes acquisition of four new sites
Property developer HJ Collection has expanded its portfolio with the acquisition of four new assets in Lowestoft, Ipswich, Stafford and Hanley.
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News
Taylor Wimpey sees increase in homebuyers cancelling purchases ahead of completion
Taylor Wimpey said the number of homebuyers cancelling purchases ahead of completion has jumped in the second half of the year to date.