All Property Week articles in 6 January 2023 – Page 3
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CBRE signs Direct Line for Valeo’s Liverpool office building
CBRE has secured the letting of almost 17,000 sq ft of office space to insurer Direct Line Group at Valeo Capital’s 1 St Paul’s Square in Liverpool.
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Goodman secures consent to create 1.2m sq ft Luton shed scheme
Developer Goodman Group has secured planning permission to redevelop a 60-acre brownfield site in Luton, Bedfordshire as a 1.2 million sq ft commercial park.
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Bywater and Ashmour to submit plans for Belfast student project
Bywater Properties and Ashmour Developments are set to submit proposals for a student accommodation development on a site in Belfast that was previously earmarked for offices.
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Revenue and profit rise at Montagu Evans
Montagu Evans has revealed a rise in both revenue and profit for the year to the end of March 2022.
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Edmond de Rothschild secures £42.25m loan for Birmingham BTR scheme
Edmond de Rothschild Real Estate Investment Management has secured a five-year, £42.25m development loan from Barclays to support its construction of a 406-unit build to rent (BTR) scheme in Birmingham’s Gay Village.
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Redrow wins consent for 205 East Sussex homes
Housebuilder Redrow has secured planning permission from Wealden District Council for 205 new homes in East Hoathly, East Sussex.
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Cairn reveals growing home sales as revenue rises
Revenue grew by 46% at Irish housebuilder Cairn Homes in 2022, the group has told investors ahead of its annual results.
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Plans submitted for £150m Brighton student accommodation development
A Brighton manor house will be converted into a ’pub hub club’ alongside accommodation for 566 students under a recently submitted £150m redevelopment plan.
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Worthing council buys Southern Water HQ site
Worthing Borough Council has spent £21.3m acquiring a 6.5-acre site in Durrington, West Sussex, which is long-let to utility firm Southern Water as its headquarters.
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Chester regeneration framework revealed
Plans to transform the area around Chester railway station have been kickstarted with the launch of a public consultation into the scheme.
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Liverpool business organisations join forces to promote city
Liverpool BID Company has signed an agreement with Liverpool Place Partnership as the city seeks to attract investment and promote opportunity within the city regionally, nationally and internationally.
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House prices fall again in December according to Halifax
The average UK house price fell for the fourth month in a row in December, according to Halifax.
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Glenveagh launches €60m share buyback programme
Irish housebuilder Glenveagh Properties has launched a share buyback programme to repurchase up to 10% of the group’s shares.
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PCH reveals plans for £33.5m Plymouth eco-friendly quarter
Housing association Plymouth Community Homes (PCH) has submitted plans to build 136 one-, two- and three-bedroom affordable homes in the city centre.
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Gowling hires Julia Dacre Field to lead new Leeds resi team
Real estate lawyer Julia Dacre Field has been hired by law firm Gowling WLG as a partner to lead its residential development team in Leeds.
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Merit reveals 43,000 sq ft factory expansion in Northumberland
Offsite engineering and construction firm Merit is to expand its huge Cramlington factory site in Northumberland by an additional 43,000 sq ft as part of its next phase of growth.
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M&S to take over former Debenhams store at Trafford Centre
Marks and Spencer (M&S) has signed up for a new 135,000 sq ft store in Manchester’s Trafford Centre, taking over the another of Debenhams’ former stores.
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Glenveagh to deliver fewer homes in 2023 due to Irish planning ‘gridlock’
Irish housebuilder Glenveagh has reported a 36% rise in revenue in 2022, but warned that it will complete a lower number of suburban homes than expected in 2023 due to the country’s planning system “gridlock”.
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Aviva sells Manchester’s Corn Exchange to Middle Eastern investor
Manchester’s historic Corn Exchange has been sold by Aviva to a private investor from the Middle East for around £43m.
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Sir James Wates to step down as chairman of Wates Group
Sir James Wates is to step down as chairman of the family-owned construction giant Wates Group in May.