All Property Week articles in 5 February 2021
View all stories from this issue.
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OnlineRetail planning applications plummet 22% in a year
Planning applications for new shops have fallen by 22% across England as a result of Covid-19.
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OnlineRICS asks for membership feedback
The Royal Institution of Chartered Surveyors (RICS) has asked its membership base for feedback as part of an internal review following a governance crisis that has rocked the organisation.
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OnlineRedOak Property agrees senior loan facility for student development
RedOak Property has agreed a £21.5m senior loan facility for its 330-bed purpose-built student accommodation development in Nottingham.
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OnlineWarehouse REIT acquisitions take portfolio to 8m sq ft
Warehouse REIT has acquired four warehouses in Liverpool for £35m.
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OnlineCentral London take-up climbs
Take up across central London reached 420,000 sq ft in January, the highest volume since July 2020.
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OnlineMarston’s private equity suitor walks away from takeover deal
US private equity firm Platinum Equity Advisors has walked away from a deal to take over pub group Marston’s.
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OnlineBirmingham city centre office block comes to market
A four storey office block in Birmingham’s city centre has come to market.
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OnlineIndustry bodies warn planning overhaul could destroy UK high streets
Leading industry bodies have written to housing secretary Robert Jenrick calling for him to reconsider his plans to extend permitted development rights.
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OnlineMJ Gleeson reports sharp rise in revenue
Housebuilder MJ Gleeson has reported a double-digit jump in revenue and pre-tax profit for the last six months.
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OnlineLXI REIT cheers annual dividend rise
LXI REIT is raising its targeted annual dividend, citing strong rent collection and rental growth.
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OnlineUnibail-Rodamco-Westfield freezes dividend for three years
Unibail-Rodamco-Westfield has decided to axe its dividend for the next three years.
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OnlineEaling Cross goes under offer to ARA Dunedin
Fund manager ARA Dunedin is under offer to buy Aviva Investors’ Ealing Cross office building, Property Week can reveal.
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NewsJames Andrew appoints new director and head of mixed-use management
James Andrew Residential has appointed Ben Martin as director and head of mixed-use management, overseeing its operations within the M25.
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NewsOver half of closures in the City were in hospitality and leisure
Last year, 54% of all closures in the City of London were hospitality and leisure units, of which 83% were national chains, according to new data.
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OnlineAnger over potential pulling of millions in green homes funding
Environmental bodies have slammed the government for saying it will not roll over the £2bn funding for green homes grant into the next financial year despite reports of delayed payouts.
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NewsCew Capital buys two mix-box industrial units in Buckinghamshire
Cew Capital has snapped up two mid-box industrial assets in Buckinghamshire for a total of £13m.
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NewsTrebor and Hillwood reveal speculative plans following pre-let
Trebor Developments and Hillwood have revealed plans to speculatively develop a 113,500 sq ft unit at Central Approach following its 108,000 sq ft pre-let to Oxford Instruments elsewhere on the park.
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OnlineLondon & Oxford fund acquires £128m prime City block
A London Oxford fund has acquired the shares in First King Properties, which holds the freehold of £128m office building on 75 King William Street in the City of London.
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OnlineLondonMetric signs up The Range at Leeds Shopping Park
LondonMetric has signed home and garden retailer The Range for a 35,000 sq ft store at Kirkstall Bridge Shopping Park in Leeds.
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OnlineRetail rent collection falls
Retail property rent collection has fallen compared to the previous quarter, while other markets have performed closer to pre-pandemic levels.
