All Property Week articles in 5 February 2021 – Page 2
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Savills raises £36.7m at first auction of the year
Savills raised a total of £36.7m at its first auction of the year as it capitalised on the rush to buy residential property before the stamp duty holiday is due to come to an end next month.
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Daily Mail to cut office space by a third
The Daily Mail and General Trust (DMGT) is set to slash the size of its office space by a third, Property Week understands.
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SIOR appoints Robert Thornburgh as global CEO
The Society of Industrial Office Realtors (SIOR) has named Robert Thornburgh as its new chief executive officer.
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Crossbay hires new head of asset management
Urban logistics platform Crossbay has announced Ben Ryan as its new head of asset management to focus on its single-tenant distribution portfolio.
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Prezzo to close sites in pre-pack deal
Cain International has bought restaurant chain Prezzo out of administration in a pre-pack deal.
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Double lettings at Old Trafford offices
London Scottish Property Investment Management has completed two office letting deals totalling 27,316 sq ft at Oakland House in Old Trafford, Manchester.
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Get Living launches funding round for east London community groups
Build-to-rent operator Get Living has launched a new round of funding to support community-led groups in east London.
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Shawbrook Bank expands lending team
Specialist lender Shawbrook Bank has recruited 20 new team members to further support brokers and clients in the lead up to the stamp duty deadline at the end of March.
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Clearbell acquires Southampton student halls from Optivo
Clearbell Property Partners III has acquired the Lucia Foster Welch student residence in Southampton from housing association Optivo for approximately £15m.
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Green & Partners appointed as Manchester Arndale leasing consultants
Green Partners has been appointed as the new leasing consultant at Manchester Arndale shopping centre.
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Woodland Group takes 195,000 sq ft at Doncaster’s iPort
Logistics firm Woodland Group has taken a 195,000 sq ft warehouse at iPort, Verdion’s logistics hub in Doncaster.
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Dune London launches CVA
Footwear retailer Dune London has launched a CVA, proposing that a number of its stores switch to turnover-based rents.
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Lendlease signs trio of tenants at Elephant Park
Lendlease has signed a trio of health and fitness operators at Elephant Park.
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Persimmon commits £75m towards cladding investigations
Persimmon has committed £75m towards re-cladding its homes to meet government safety guidance.
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Jenrick unveils developer taxes and £3.5bn fund to pay for cladding removal
Housing secretary Robert Jenrick is to introduce new taxes on developers and a £3.5bn fund to help cover the costs of cladding removal.
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Redrow rakes in £1bn in first half of FY
Redrow has posted £1bn in revenue for the first half of its financial year as the stamp duty holiday and the end of the last few months of the current help-to-buy scheme led to increased demand from home buyers.
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Grainger offers upbeat trading forecast
Grainger has posted a 2.4% rise in like-for-like rental growth during the first four months of its financial year.
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Tristan Capital Partners to offload trio of shopping centre assets
Tristan Capital Partners has kicked off a selling spree of some of its shopping centre portfolio.
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News
Blackrock’s Heathrow Logistics Park hits the market for £103m
Blackrock’s fully-let Heathrow Logistics Park has been brought to market with a price tag of £103m.
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OakNorth Bank loans Sherwood Oak Homes £12m for resi development
Sherwood Oak Homes has been loaned £12.6m from OakNorth Bank to help fund its 80-home development in Forest Town, North Nottinghamshire.