All Property Week articles in 6 November 2020
View all stories from this issue.
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OnlineInvestors expected to increase allocation to social housing, but further education needed
Around 30% of European professional investors expect pension funds and other institutional investors to increase their real estate allocation to funds offering a social benefit, according to research by Alpha Real Capital.
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OnlineJLL: London office demand will remain strong
Demand for London office space will remain strong in the medium to long term, according to a new report from JLL.
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OnlineWest End investment turnover reaches £1bn for October
Investment turnover in London’s West End in October reached £1.09bn, spread across 10 transactions, according to the latest research from Savills.
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OnlineS&P downgrades Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield (URW) has been downgraded by credit ratings agency S P Global after shareholders rejected the group’s plans to raise capital.
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OnlineDTZ Investors Co-Living Fund enters into £32m development facility
The DTZ Investors Co-Living Fund (COLIV) has entered into a £32m development facility to construct a 222-unit co-living development in Harrow.
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OnlineTrio of lettings for Harworth Group
Harworth Group has completed three new lettings at Melton Commercial Park in Leicestershire.
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OnlineCapital&Centric reveals images for £60m Stockport plan
Capital Centric has revealed new images of its £60m plans to create a new mixed-use community at Weir Mill in Stockport town centre.
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OnlineUBS Asset Management acquires Sainsbury’s In Hinckley for £45m
UBS Asset Management’s (UBS-AM) Real Estate Private Markets (REPM) business has completed the acquisition of a Sainsbury’s supermarket in Hinckley, Leicestershire for £45m.
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NewsVistry Group to reintroduce dividend next year as house sales rise
Vistry Group has seen forward sales nudge up since June after strong demand from house buyers pushed up profit and prompted the group to reinstate dividend payments earlier than planned.
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NewsCanary Wharf Group announces next chief financial officer
Canary Wharf Group has hired Becky Worthington as its new chief financial officer.
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NewsUrban Logistics REIT sees profit soar as e-commerce boom continues
Urban Logistics REIT has had a bumper start to the financial year with significant rises in rental income and operating profit, and rent collection at 99% for 2020.
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NewsFORE Partnership achieves B Corp certification
Real estate investment firm FORE Partnership has become a B Corporation – a certification for businesses which meet certain social and environmental standards – and the firm has legally committed to pursuing purpose beyond profit.
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News“No objection” for planning permission for Bishopsgate Goodsyard
An outline application for a mixed use redevelopment in Shoreditch, east London has been met with “no objection” from Tower Hamlets council, according to council documents.
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InsightThe rise of build to rent
Given the current economic uncertainty, counter cyclical asset classes that suffer lower volatility will hold a stronger appeal for investors. With low interest rates and unstable stock markets, we are already seeing more investors diversify portfolios to allocate more to real assets and build to rent is an appealing option, ...
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NewsCGI Images of Edward Street Quarter’s office space released
Edward Street Quarter in Brighton, which aims to provide offices, homes, cafes, restaurants and leisure facilities, has released computer-generated images of how of its office interiors will look.
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NewsPublic Practice and RTPI join forces to call for proactive role for planning
The Royal Town Planning Institute has become an official partner of Public Practice, a not-for-profit company founded by the Greater London Authority.
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Online18-34-year-olds to drive new living real estate demands across European cities
18-34 year-olds will drive new living real estate demands across European cities, according to JLL’s latest European City Dynamics report.
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NewsFortwell Capital completes over £30m of lending to Tungsten Properties industrial schemes
Fortwell Capital has extended its lending to Tungsten Properties, a mid-box industrial and warehouse developer, to over £30m with the completion of a £3.7m development facility.
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NewsHomes England letter asks leaseholder to sell home with dangerous cladding at market rate
A leaseholder whose property has unsafe cladding has been told that he can only sell at “prevailing market value,” according to a letter from Homes England seen and reported by Inside Housing.
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OnlineColliers North America recovering from major cyber attack
Colliers had to shut down its IT systems in North America last week due to a major cyber attack, Property Week can reveal.
