All Property Week articles in 6 November 2020 – Page 2
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Online
Octopus Real Estate completed £15m care home forward funding
Octopus Real Estate has completed a forward funding deal for the construction of a 60-bedroom care home in Winchester.
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News
Lord Hodgson criticises balance of power in planning legislation
House of Lords Committees have criticised the government for its growing use of skeleton legislation and the shift in power from Parliament to the executive, with one chair citing planning legislation as an example.
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News
More2life creates new operations director role
Equity release lender more2life, which is part of Key Group, has promoted Steve Dodd to its newly created role, director of operations.
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Online
Flexible workspace firm x+why makes two new hires
Flexible workspace provider x+why has made two new hires as the company looks to scale up nationwide in 2021.
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Online
Canon searches for 90,000 sq ft European HQ
Canon is on the hunt for 90,000 sq ft of office space for its new European headquarters.
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Online
Firethorn Trust secures £32.73m in construction debt for Bedfordshire logistics park
Firethorn Trust has secured £32.73m of construction debt for the development of Ascent Logistics Park, a 24.5-acre speculative industrial site in Leighton Buzzard, Bedfordshire.
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Green light for Gateshead’s £260m regeneration scheme
Gateshead council has approved plans for a £260m regeneration development which will create 2,000 jobs in the region.
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Octopus Real Estate promotes Peter Hornett to head of residential credit
Real estate lender and investor Octopus Real Estate has appointed Peter Hornett as head of residential credit.
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Just over 72% of commercial rents paid since September Quarter day
The collection of rent due on commercial properties in the UK is continuing to mirror what was witnessed in the early stages of the pandemic, according to the latest research from Remit Consulting.
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62% of consumers plan to spend the same or more this Christmas
The UK economy will receive a significant boost from consumer spending this Christmas, according to research from CACI, the consumer and location intelligence specialist.
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Online
Praxis Real Estate recruits investment specialist
Praxis Real Estate has signalled its intention to ramp up its acquisition programme by recruiting investment manager Michael Glaser to its deals team.
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RESI Convention 2020 - Day One Round-Up
Digital technology is transforming the housing industry and has also transformed the RESI Convention. Due to Covid-19, this year’s event is online-only, and delegates embraced the chance to network virtually, using RESI’s engagement platforms to connect with peers and view the innovations showcased by convention partners.
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Online
Hill and Marshall announce second phase of £550m new community in Cambridge
Hill Group and Marshall Group Properties will deliver 1,300 homes – the second phase of is £550m new community in Cambridge.
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Workspace profit plummets as Covid-19 hit occupancy rate
Workspace swung to a first-half loss and has postponed a decision on its full-year dividend as the office space provider was hit by a rise in customers vacating and downsizing due to the Covid-19 pandemic.
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Hammerson investors offered shares in place of cash dividend to preserve cash
Hammerson has proposed an interim dividend of 0.2p a share and a scrip alternative of 2p a share to meet its obligations as a real estate investment trust (REIT).
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Online
GPE takes retail hit and warns pandemic impact is not over
Great Portland Estates (GPE) saw the value of its estate plummet by £175.1m in just six months, following a sharp fall in its retail properties and the first Covid-19 lockdown.
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Panattoni signs three tenants at Panattoni Park Nottingham
Panattoni has leased all three commercial units at its 55-acre park in Nottingham.
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Newland Homes promotes two senior team members
Newland Homes has promoted two senior members of the team as the South-West based housing developer continues to expand its operations.
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Online
University students to be offered Covid tests ahead of Christmas holidays
Students in England are to be given Covid tests in the hope they will be able to return home for Christmas as PBSA operators warn they have seen large numbers of students already leaving their accommodation to go home early.
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Online
Oxygen selects the Welcome team to manage 450,000 sq ft at two City properties
Oxygen Asset Management has selected Welcome to manage two of its properties in the City of London.