All Property Week articles in 6 January 2023 – Page 5
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Gove accuses housing providers including Birmingham and Lambeth of failing residents
Housing secretary Michael Gove has attacked 14 social housing providers including Birmingham City Council and Lambeth Council for failing residents.
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News
DLUHC unveils £1.4bn North East devolution deal
A devolution deal for the North East, including a £1.4bn investment package over 30 years, has been presented by the government.
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Industrial honeymoon forecast to end with ‘unprecedented’ sale price fall
After years of growth, industrial sales prices per square foot are set to drop 2.7% on average in Q1 2023, according to forecasts from Robert Irving Burns (RIB).
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Impact Healthcare REIT expands revolving credit facility with Virgin Money
Impact Healthcare REIT has agreed an increase in the size, an extension to the term and a reduction in the margin of its revolving credit facility (RCF) with Clydesdale Bank, trading as Virgin Money.
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Founders of LGBT+ property network Freehold receive New Year Honours
The founders of LGBT+ property networking forum Freehold are to receive MBEs after being named in the New Year Honours list for 2023.
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Shop closures up 50% in ‘brutal year’, says CRR
The Centre for Retail Research (CRR) has said 17,145 shops closed in the UK in 2022 in what it described as a “brutal year” for the retail sector.
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London 2022 office leasings up 24% but lag long-term average, says Knight Frank
London office leasing volumes reached 10.9m sq ft in 2022, up almost a quarter on the previous year, Knight Frank has reported.
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ADG’s plans for Peterlee retail centre submitted
Yorkshire developer Almscliffe Dhesi Group (ADG) has submitted plans to Durham County Council for a 13,027 sq ft retail centre on the outskirts of Peterlee, County Durham.
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Home REIT suspends trading in shares as audit continues
Home REIT has announced a temporary suspension of trading on the London Stock Exchange due to a delay in publishing its annual results, after investors and short sellers raised questions about its valuations, rent collection and business model.
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