All Property Week articles in 4 September 2020 – Page 3
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Homes England enter joint venture with Invest & Fund
The government’s housing accelerator Homes England has entered into a seven-year partnership with Invest Fund.
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INREV hires director of research and market information
INREV, which is a European forum for investors in the non-listed real estate vehicles sector, has appointed Iryna Pylypchuk to the position of director of research and market information.
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UK Commercial Property REIT lets 377,000 sq ft at Magna Park
UK Commercial Property REIT (UKCM) has leased its 377,070 sq ft logistics unit at Magna Park in Leicestershire to pan-European distributor Armstrong Logistics.
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Hill Group appoints head of strategic land
Developer Hill Group has hired Matt Tunley as its new head of strategic land.
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Online
Pizza Hut next in line for CVA
Pizza Hut is expected to launch a company voluntary arrangement (CVA) this week joining the swathe of dining chains turning to insolvency measures to restructure their businesses.
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New Look fails to find a buyer as CVA vote looms
The future of fashion retailer New Look will depend upon landlords backing its CVA after a sale process failed to find a buyer for the business.
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Moorfield completes 325,000 sq ft lease renewal in Cheshire
Real estate fund manager Moorfield Group has agreed on a five-year lease renewal with sanitary product company Geberit UK at its distribution warehouse in Alsager near Crewe.
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McKay completes sale of 30 Lombard Street
McKay Securities has completed the £76.5m sale of 30 Lombard Street in the City of London to pan-European institutional fund REInvest after initially striking the deal nine months ago.
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Knight Frank launches auction business following July pilot sale
Knight Frank is set to formally launch its auction business following a pilot sale earlier in July.
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JD Sports boss defends withholding rent from landlords
The executive chairman of JD Sports has defended its decision to withhold rent from landlords as it reported group revenue was down just 6.5% year-on-year to £2.54bn.
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PLP lets first phase of Crewe logistics development to Brightstar
Logistics developer PLP has let the entire first phase of its PLP Crewe development to integrated solutions provider Brightstar.
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Assura Healthcare issues £300m social bond
GP surgery landlord Assura Healthcare has priced its first social bond, to raise £300m which will be used to invest in providing more fit-for-purpose primary and community healthcare centres.
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Location 3 Properties gets £24m forward funding for Kent industrial scheme
Location 3 Properties (L3P) has agreed a £24m forward funding deal with Federated Hermes on a 132,000 sq ft industrial scheme in Kent.
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Developer submits plans for 4,000-seat arena on Dundee waterfront
Northern Lights Arena Europe (NLAE) has struck an 18-month exclusivity agreement with Dundee City Council over developing the site close to the Slessor Gardens park and V A Dundee.
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Conservatives vote down Grenfell bill amendment
The recommendations made during the Grenfell inquiry to amend the Grenfell fire safety bill were voted down by a margin of 318-188 votes in the House of Commons last night.
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McCarthy & Stone prepares safety measures in case of second wave
Retirement living giant McCarthy Stone has said it could put all of its sites in a national lockdown in the event of a second wave of Covid-19.
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OakNorth Bank completes additional £20m loan-on-loan facility to Hilltop Credit Partners
OakNorth Bank have completed an additional £20m loan-on-loan facility to Hilltop Credit Partners.
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Bank of Scotland offices on the market for over £80m
The home of the Bank of Scotland in Edinburgh has been put on the market for over £80m.
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Online
Schroder UK Real Estate Fund gets the green light for UK home office hub
Schroder UK Real Estate Fund (SREF) has secured planning permission for its 1m sq ft Croydon development.