All Property Week articles in 6 January 2023 – Page 2
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Winkworth issues upbeat trading update
In a trading update after the end of its financial year on 31 December, estate agency group M Winkworth has told investors it enjoyed a “buoyant level of activity” despite the hiatus in the property market provoked by the mini-Budget last September.
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SEGRO buys Slough shopping park
SEGRO has paid Royal London Asset Management £120m to acquire the Bath Road Shopping Park in Slough, Berkshire.
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Barratt warns of ‘marked slowdown’ in housing market
Barratt Developments has warned investors of a “marked slowdown” in the housing market in a trading update for the half year to the end of December 2022.
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Amazon earmarks three UK fulfilment centres for closure
Amazon has announced plans to close three of its 30 warehouses in the UK, affecting 1,200 jobs.
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Hospitality sector demands government action to stem closures
Hospitality sector leaders have called on the government to provide more support to prevent further closures in the light of a forthcoming reduction in energy bill support.
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Unite snaps up £73m east London office building for large PBSA scheme
Unite Students has bought an office building in Stratford for £73m and is set to convert the east London site into a 716-bed purpose-built student accommodation (PBSA) development.
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Anthony appointed as The Hill Group HR director
The Hill Group has appointed Victoria Anthony as HR director.
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Greystar buys landmark Croydon site
Build-to-rent operator and developer Greystar has acquired Guildhouse Rosepride’s One Lansdowne Road site in Croydon, previously earmarked for one of the UK’s highest buildings, for an undisclosed amount.
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Energize Games picks Islington Square site for UK launch
Energize Games has signed a 10-year lease on 7,800 sq ft at Cain International’s mixed-use Islington Square development in north London, for the UK launch of its immersive gaming concept.
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Britain becoming less attractive to foreign investors, trade body warns
Britain has become less competitive and less attractive to foreign investors after a year of political strife and amid soaring energy costs, manufacturers have warned.
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Yari Investments borrows £18m to build London co-living units
Development finance lender Maslow Capital has provided Yari Investment with a £18.1m loan to fund the construction of 121 co-living units in High Street, Feltham, London.
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The Portman Estate appoints Dunlop as head of commercial property
The Portman Estate has appointed Chris Dunlop, a former member of its graduate programme, as its head of commercial property.
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Aitch Group achieves £100m of annual site and resi sales
Aitch Group has reported £100m of site and residential sales across its London portfolio during 2022.
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Unite Students reveals Q4 2022 fall in values
The value of Unite Students’ two portfolios fell in the final three months of 2022, the group has revealed in a trading update to investors.
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Impact buys care home portfolio for £56m
Impact Healthcare REIT paid £56m for a portfolio of six care homes owned and operated by Morris Care.
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Legal & General expands suburban BTR business with 107 new homes
Legal & General’s Suburban Build-to-Rent business (LGSBTR) and Cala Homes have agreed an exchange of 107 homes at Buckler’s Park in Crowthorne, Berkshire.
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Colliers appoints Howley as chief financial officer to boost strategy development
Colliers has appointed Jean Howley as Europe, Middle East and Africa (EMEA) chief financial officer (CFO) to accelerate strategy development and implementation.
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NPPF to make housebuilding harder as LAs given more reasons to reject schemes
Even those who eat, drink and sleep property would have surely had little appetite to fully consume the government’s 15-chapter consultation on the National Planning Policy Framework (NPPF) when it was published so close to the end of the year.
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ESTAMA UK appoints Conway as asset manager
Andrew Conway has joined ESTAMA UK as an asset manager, working with the team managing the Signal and Torbay Council portfolios.
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Former Avant Homes boss applies for Honey’s first resi scheme
Recently launched housebuilder Honey has submitted plans for a £14m development in South Normanton, Derbyshire, consisting of 50 two-, three- and four-bedroom houses.