All Property Week articles in 6 November 2020 – Page 4
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News
Plans submitted for £24m Rotherham development
Network Space has submitted proposals to Rotherham Borough Council for a £24m industrial development in the Yorkshire borough.
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News
Google-backed AI assistant Askporter partners with digital payments firm Stripe
Askporter, which offers an AI digital assistant for the property sector, has partnered with digital payments company Stripe to consolidate property transactions on one platform.
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Online
Dune London opens new store at The Boulevard Outlet in Northern Ireland
Footwear retailer Dune London is set to open its first outlet store in Northern Ireland.
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Online
SHW to move Brighton offices in quest for agile working
Surveying firm SHW is moving to Lees House in Brighton as part of a company-wide strategy to adopt agile working in its offices.
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Online
Stalled £50 million hotel development site at Plymouth Hoe brought back to the market
The waterfront site of a stalled £50m hotel development in Plymouth Hoe is up for sale again after the ending of an agreement between the council and the original developer.
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Westfield threatens tenants with legal action
Retailers have called out shopping centre owner Westfield for threatening them with legal action over unpaid rent as England enters a second lockdown.
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Online
Landlords criticise Clarks’ CVA
Landlords have criticised shoemaker Clarks over the alleged abuse of the company voluntary arrangement (CVA) process, according to The Sunday Times.
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Colliers reports 80% of rents collected a month on from September Quarter Day
Around 80% of overall commercial rents have been collected one month on from September’s Quarter day, according to Colliers International.
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John Lewis urges government to provide clarity on Christmas reopening
John Lewis is calling on the government to provided clarity on whether stores can reopen in time for Christmas following temporary closures in England due to a second national lockdown.
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National lockdown forces Harrods to renegotiate £200m credit facility
Harrods has renegotiated the terms of a £200m credit facility as the second national lockdown put the department store at risk of breaching covenants.
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Online
Accelerate Places sells lease on Manchester co-working space
Manchester co-working operator Accelerate Places has sold its lease and business in Manchester to Incspaces.
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Online
Connells takes aim at Countrywide with £82m bid
Troubled estate agent group Countrywide is in talks with rivals Connells over a potential takeover that would value the company at more than £82m.
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Urban Logistics goes on £33m warehouse spending spree across England
Urban Logistics has acquired five logistics assets for £33.1m across England, capitalising on the surge in online orders during the Covid-19 pandemic.
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Target increases cash line to £220m
Care home group Target Healthcare has increased its total borrowing capacity by £40m to £220m following new agreements with two of its banks.
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U+I development director steps down
U+I development director James Heather has left the business to pursue a “change in direction” in his career.
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Edinburgh Woollen Mill collapses into administration
Edinburgh Woollen Mill has been placed into administration while owner EWM Group continues trying to strike a rescue deal to save its other brands.
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Property funds see third-worst month of outflows
Property funds saw a slew of redemptions in the month of October, making it the third-worst month of outflows on record.
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Propertyshe Perspectives: Covid uncertainty, from Bookshop to cybercrime, Powerhouse Telemark and recycled fishing nets, the Dagwood happy ending, lessons from the Fire of London
Living in the time of Covid-19 entails much uncertainty. It’s difficult to make plans either for business or personally with so much change being rolled out on a daily basis.
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Online
BidX1 raises more than £17m at first November sale
Online auctioneer BidX1 raised a total of £17.3m at its auction this week after selling 32-lots from a 36-lot catalogue, achieving an 89% success rate.
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10 unmissable things to look out for at this year’s RESI Convention
This year’s RESI Convention is just around the corner and with people confined to their homes once again in the nation’s second lockdown, debate about the future of the UK’s housing market and stock has never been more timely or crucial.