All Property Week articles in 4 October 2019
View all stories from this issue.
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OnlineEsther McVey “hardening stance” on using green belt land
Housing minister Esther McVey has written to the leader of Broxtowe Borough Council to remind him that the National Planning Policy Framework “is clear that Green Belt should only be altered in exceptional circumstances” following the submissions of the borough’s local plan.
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OnlineLaSalle plans to raise €1bn for debt fund
LaSalle Investment Management is gearing up to launch its latest debt fund later this year with a target capital raise of €1bn.
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OnlineNew government hubs in Birmingham and Peterborough
A major new government hub is set to be developed by LaSalle Investment Management and Evenacre in Birmingham.
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OnlineHammersmith and Fulham Council green lights CPO plan at Earls Court
Hammersmith and Fulham Council has approved plans to push ahead with a compulsory purchase order on part of the Earl’s Court development site.
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OnlineFairway Capital to raise £120m to target prime London resi
Boutique investment firm Fairway Capital is looking to raise £120m for a new fund that will invest in the prime central London residential market.
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OnlineMeadow Partners wins planning for Tolworth Tower scheme
Meadow Partners has received planning permission from Kingston Council for the 261-flat Tolworth Tower build-to-rent scheme.
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Rate hike on PWLB loans to councils
The government has hiked the interest rate available on loans from the Public Works Loan Board in a move that is likely to dampen councils’ appetite to invest in commercial real estate.
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OnlineIWG buys The Clubhouse out of administration
Flexible office giant IWG has acquired The Clubhouse out of administration.
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NewsHarper Dennis Hobbs appoints new head of leisure
Harper Dennis Hobbs has appointed Simon Carson as its new head of leisure.
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NewsAgent P: The Savoy
8:30pm, 11 October, Gondoliers Room, The Savoy: This is the life! GBH’s best Asian client has gathered the development team that managed to jam an extra 1,400 homes on brownfield land just inside the M25, bought five years ago with outline permission for 5,000 units, for a no-expense-spared dinner.
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OnlinePi Labs makes three hires ahead of new proptech fund launch
Proptech venture capital firm Pi Labs has hired three tech and engineering experts to assist it in picking the startups to back in its third fund.
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Barclay family mull Ritz sale
The billionaire Barclay family is weighing up a potential sale of the Ritz hotel in Piccadilly.
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NewsDSV becomes second major occupier at IM Properties Appleby Magna development
Freight forwarder DSV will join Jaguar Land Rover at IM Properties 238-acre Appleby Magna development in North-west Leicestershire.
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OnlineSurvey finds real estate finance sector starting to embrace tech
A survey of senior real estate finance professionals has found that the industry is making progress to embrace technology but that overreliance on Microsoft Excel remains a key challenge.
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OnlineLinks of London enters administration
British jewellery chain, Links of London has fallen into administration putting 350 jobs at risk.
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OnlineBCO introduces free student membership
The BCO has made its membership free for students in a bid to encourage young talent in the property industry.
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OnlineHartnell Taylor Cook launches cost consultancy department
Commercial property consultancy Hartnell Taylor Cook has launched a cost consultancy department, which will work across its London and Bristol offices.
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OnlineASM Global signed as venue operator for Gateshead Quay Complex
Venue management and services company ASM Global has been signed as the operator for a new £260m arena, conference and exhibition centre in Gateshead Quays.
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OnlineIrish government increases stamp duty on commercial property
The Irish government in its 2020 budget has increased stamp duty on commercial property from 6% to 7.5%, taking effect immediately. Stamp duty was trebled from 2% to 6% just two years ago.
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OnlineHays acquires all 555 Thomas Cook stores
Hays Travel has acquired all 555 Thomas Cook stores around the UK out of liquidation, providing re-employment opportunities for former staff of the bust travel group’s retail operations.
