All Property Week articles in 5 November 2021 – Page 3
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News
CBRE UK advisory business lowers ethnicity pay gap
CBRE’s UK advisory services arm has reduced its ethnicity pay gap (EPG) by 0.9% since its last report in 2019.
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Online
Native Land submits plans for Guildford mixed-use scheme at former Debenhams
Native Land has submitted plans for its net zero carbon mixed-use scheme at a former Debenhams store site in Guildford.
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Online
OakNorth Bank funds £20.2m Yorkshire care village
OakNorth Bank has provided a £20.2m loan to Park Lane Healthcare for a new care village in Pocklington, Yorkshire.
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Insight
Former England footballer Luther Blissett on why social housing is vital to the future of UK communities
In response to the growing need for quality, affordable housing, Watford Community Housing and Watford Borough Council are delivering a £15.2m programme of 56 new homes for social rent, helping to address the shortage of affordable housing in Watford and improve social inclusion.
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News
Firethorn acquires 24-acre industrial site in Barnsley
A new 24-acre industrial site in Barnsley has been acquired by Firethorn Trust as the real estate investor continues to grow its UK logistics portfolio.
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Insight
Green business rates and climate change adaptation
The business rates announcements made in the Autumn Spending Review did not go far enough for many. Rather than abolishing the system entirely, the chancellor instead opted to make it “fairer, more responsive and more supportive of investment” by introducing a number of additional reliefs.
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News
ABC Block Management expelled from industry body
Residential management firm ABC Block Management has been expelled from industry body the Association of Residential Managing Agents (ARMA) after a formal complaint by leaseholders and a property tribunal ruling.
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Online
The practical implementation of modular construction
Homes England’s recent allocation of funds under the Affordable Housing Programme will be music to the ears of many registered providers (RPs).
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Online
Pent up demand continues to boost Persimmon
Housebuilding giant Persimmon has told investors that sales in the current financial year are “well ahead” of 2019 and have returned to more normal levels when compared to a lockdown hit 2020.
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Online
Vistry set to post £345m profit for current year
Housebuilding giant Vistry has revealed rising sale rates and that it is on track to deliver full-year profit of around £345m.
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Online
Savills issues positive trading update
Agency group Savills has provided investors with an upbeat assessment of trading since the easing of Covid-19 lockdowns in the global markets in which it operates.
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Online
NAV rises at Warehouse REIT
Warehouse REIT has posted a sharp rise in net asset value (NAV) and revenue for the six months to the end of September.
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Online
Harworth sells Selby site for £54m
Harworth Group has agreed the sale of its Kellingley development site in Selby, North Yorkshire, to HPREF I Konect Investments for £54m.
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Online
Sirius expands German business park portfolio
Sirius Real Estate has paid €39.8m (£34m) for Oberhausen Business Park in north-west Germany.
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News
Major real estate agencies pledge to attend Mipim 2022
Several big-name real estate agencies have thrown their weight behind Mipim 2022 by signing up to attend the international event after attendance at this year’s event was sharply down on 2019 figures due to the pandemic.
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News
Two thirds of housebuilders report concern over supply-chain problems
Supply-chain issues and concern over land supply are threatening to impact the delivery of new homes in England, according to research by Knight Frank.
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News
Moda targets 5,000 single-family home pipeline with Ares
Moda Living and Ares Management’s joint venture into the single-family rental housing sector is targeting the delivery of over 5,000 homes with a GDV of £1bn by the end of 2025.
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News
Oxford Properties secures flagship letting at Berlin’s Sony Center
Oxford Properties has let its flagship restaurant and events space, the Kaisersaal at the Sony Center in Berlin, to international restaurant and events group Rhubarb Hospitality Company (RHC).
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News
Retail investments attract buyers at Allsop’s latest sale
Buyers at Allsop’s commercial sale on 2 November were attracted to “higher yields offered” on a number of retail investments.
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News
Acuitus sells 91% of November catalogue
Acuitus raised £16.5m at its 4 November sale from the sale of 28 properties in its 31-lot catalogue, achieving a 91% success rate.