All Property Week articles in 4 September 2020 – Page 4
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Commercial Property values fall in August says CBRE
The CBRE Monthly index reported an overall decline in commercial property value for August, with Industrial being the only individual sector reporting a growth.
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LCP appoint new joint managing director
LCP has promoted investment director James Buchanan to joint managing director.
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Apex Airspace appoints ex chief executive of Kier Group as chair
Apex Airspace has appointed former Kier Group chief executive Haydn Mursell as its new chairman.
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MDSR snaps up shopping centre portfolio for £80m
Israeli investor MDSR has bought a portfolio of three shopping centres from RDI REIT for around £80m.
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Rangeford Villages seeks new land for expansion
Rangeford Villages is looking for land to develop into retirement living schemes.
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Bond Wolfe to sell more than 200 lots at September auction
Birmingham-based auction house Bond Wolfe has released a 214-lot catalogue for its September remote-bidding sale.
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Vistry Partnerships and Clarion Housing announce JV
Vistry Partnerships has signed a £40m development agreement with Clarion Housing to boost the number of affordable homes in Sherford, Plymouth.
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Green light for Covid-19 vaccine manufacturing centre
Vale of White Horse District Council has granted planning permission for a specialist facility that will house the UK’s Vaccines Manufacturing and Innovation Centre (VMIC).
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Google pulls out of 200,000 sq ft Dublin office deal
Google has walked away from plans to take just over 200,000 sq ft of office space at the Sorting Office in Dublin’s docklands.
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Schroder REIT embarks on share buyback
Schroder Real Estate Investment Trust is embarking on a share buyback programme.
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Vistry rebounds from lockdown profit slump
Housebuilder Vistry expects a strong recovery in profit over the second half of 2020 after swinging to a £12.2m loss in the first six months of the year.
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Jenrick releases details of £12bn affordable housing programme
Housing secretary Robert Jenrick has released details of how the £12.2bn affordable housing programme announced in March’s budget will work.
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Glenny promotes John Baker to equity partner
Property consultancy Glenny has promoted John Baker to equity partner.
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Acuitus unveils largest catalogue of the year
Acuitus has unveiled a 55-lot catalogue comprising a mix of industrial, retail and office assets ahead auction on 23 September.
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Long Harbour forward funds £156m BTR scheme with Berkeley Square
Long Harbour has completed a £156m forward funding deal with Berkeley Square Developments for a build-to-rent scheme in Tottenham Hale.
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ING to roll out PRODA proptech software across its real estate finance teams
London based proptech start-up PRODA has successfully concluded a proof of concept with real estate lender ING.
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Prologis bid on Renault Western Avenue site rejected
Renault has rejected Prologis’s offer to buy the car manufacturer’s 92,000 sq ft showroom on Western Avenue in London, following reports that it was the frontrunner for the 5.45-acre site.
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Hurstwood submits planning for £35m Lancaster industrial scheme
Hurstwood Holdings has submitted plans for the partial redevelopment of Lune Business Park in Lancaster to create a £35m industrial scheme.
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Aberdeen Standard snaps up Birmingham B&Q for just under £20m
Aberdeen Standard has bought a B Q in Halesowen, Birmingham for £19.5m, reflecting a net initial yield of 7.5%, Property Week can reveal.
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Arrow Capital buys Crawley development site for £8.9m
Arrow Capital has bought a four-acre site in Crawley from Clearbell Property Partners for £8.9m with plans to develop an urban logistics scheme.