All Property Week articles in 6 August 2021 – Page 8
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Online
Gatehouse and TPG form £500m build-to-rent JV
Gatehouse Bank has launched a £500m joint venture with TPG Real Estate Partners to develop up to 2,500 suburban, purpose-built family rental homes across the North and Midlands.
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Online
Post-Covid recovery begins as property values rise
Capital values increased 1% across all UK commercial property in July 2021, according to the latest CBRE Monthly Index.
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Online
LondonMetric sells Leeds retail park
LondonMetric has sold a retail park in Leeds to a UK institutional investor for £25.2m.
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News
Katherine Croom appointed managing director of Sorbon Estates
Sorbon Estates has appointed Katherine Croom as managing director.
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News
JLL brings Margate portfolio to market
JLL is marketing a portfolio of buildings for sale, including an historic amusement park, in the seaside town of Margate.
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Online
How to navigate escalating ground rents
The issue of ground rents payable on leasehold properties has become a growing concern as many rents continue to increase, with some even doubling every 10 years, a rate that is higher than inflation.
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Insight
Why a sustainable Olympic Games must re-conceptualise the built environment
The Tokyo Olympic Games opened on 23 July, with the guiding principle for the event to “be better, together – for the planet and the people”.
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Morrisons takeover bid hits £6.7bn
The takeover battle for Morrisons is heating up as the Fortress-led consortium increased its bid for the supermarket chain to £6.7bn.
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Hammerson’s urban shopping centres could have only 50% retail space
Hammerson’s urban shopping centres could have as little as 50% retail space under plans to redevelop them for other uses.
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Propertyshe Perspectives: Human skills key to hybrid working, balancing needs of clients and workforce, the art of dealmaking, Shaftesbury’s Least proptech landmark, Mishcon achieves B Corp status
With the gradual return to the office, we will find out soon enough how well our businesses can adapt to hybrid working.
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Tritax Big Box produces bumper H1 results
Tritax Big Box REIT produced strong H1 results, reporting a 19.1% increase in operating profit at £84.1m for 2021 from £70.6m recorded in H1 2020.
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News
Jaynic pre-lets shed to Hermes at Suffolk Park
Jaynic has pre-let a warehouse at its 2m sq ft Suffolk Park logistics and business scheme at Bury St Edmunds, Suffolk, to parcel delivery company Hermes.
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Regal London submits planning for £270m mixed-use Wembley scheme
Regal London has submitted a planning application for a mixed-use development on Fulton Road in Wembley, north-west London, with a GDV of £270m.
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South East office investment activity strongest since 2013
South East office investment had its strongest quarter since 2013, data from Knight Frank has revealed.
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Deka buys Dublin retail and office building from Aviva for £21m
Deka Immobilien, on behalf of its open-ended real estate fund Deka-ImmobilienMetropolen, has bought a retail and office building in Dublin from Aviva for £21.22m.
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John Forrester appointed CEO of C&W
Cushman Wakefield’s (C W’s) global president John Forrester has been appointed chief executive with effect from the start of next year.
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Grosvenor to expand UK regional footprint with £300m investment strategy
Grosvenor Britain Ireland has launched a new investment team with £300m of equity to expand its regional footprint.
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News
Vegan pizzeria signs Manchester lease
Vegan pizzeria chain Purezza has signed a 10-year lease on an 8,000 sq ft unit in Manchester’s Northern Quarter.
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News
Welcome to the new WFH
I was sure that after 16 months of not being able to take foreign holidays (or domestic ones easily), the whole industry would decamp for at least a fortnight this summer as parts of the market hardest hit by the pandemic picked themselves up off the deck with a view ...
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Insight
How to manage the return to the office
Editor: With Freedom Day now behind us, there is no question that the Covid blues seem to be clearing. Most eager for a return to normality is the office sector, with many operators welcoming staff back to the physical workspace with open arms.