All Property Week articles in 7 February 2020
View all stories from this issue.
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Online
We must ensure seniors have access to safe and appropriate care
The news that we will see a 70,000 shortfall in seniors’ homes over the next decade is a timely reminder that ‘generation rent’ is not the only age group facing a housing crisis.
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Insight
Yardi think tank: how we can tackle the climate crisis
Property Week and Yardi brought together a host of leading industry figures at The Office Group, The Shard in London to discuss what the property industry is doing to tackle the climate crisis.
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News
House of Fraser’s flagship Exeter outlet sold to Prydis
House of Fraser’s flagship Exeter city centre outlet has been sold to wealth management firm Prydis.
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Online
Planning approval granted for first phase of £1.4bn Manchester regeneration scheme
The first phase of a £1.4bn mixed-use scheme to regenerate Mayfield in Manchester has been unanimously approved by Manchester City Council.
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Online
NAO calls on government to review council property spending
The National Audit Office (NAO) has called on the government to review rules governing council borrowing and investment following a sharp increase in council spending on commercial property.
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Online
House by Urban Splash wins planning permission for Cambridgeshire scheme
House by Urban Splash has secured planning permission for a 406-home scheme in Cambridgeshire that will be built using modular construction.
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Online
McVey loses job as housing minister
Esther McVey has lost her job as housing minister in a cabinet reshuffle after just a matter of months in the role.
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Online
Clark steps down at The Crown Estate
The Crown Estate’s chief investment officer Paul Clark has stepped down after 12 years.
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Online
Grainger seeks £185m from placing
Grainger, the UK’s largest listed provider of private rental housing, is seeking to raise around £185m from a placing of almost 10 per cent of the company’s shares.
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Online
Resi appoints Sly as FD
Resi Capital Management Limited, the fund Residential Secure Income, has appointed James Sly as finance director.
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Online
URW posts fall in UK rental income and offloads stake in €2bn portfolio
Unibail-Rodamco-Westfield has reported a fall in rental income in the UK, in marked contrast to its performance in the rest of Europe and the US.
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Online
Court of Appeal again rules in favour of Tate
The Court of Appeal has rejected the appeal from the residents of the Neo Bankside development on London’s South Bank to have part of the Tate Modern’s viewing platform cordoned off.
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Online
Glasgow’s food and beverage sector slumps 15% in 2019
Take-up in Glasgow’s food and beverage market sank 15% in 2019, in a year which saw independent restaurants drive the sector, according to new data from Savills.
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Online
Wonderland Restaurants to launch new concept at 77 Bewer Street
The Crown Estate has announced Wonderland Restaurants, which has partnered with Warner Bros. Consumer Products and DC, will launch its new concept Park Row at 77 Brewer Street.
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Online
Investor confidence in proptech dips as startups hold steady
Investor confidence in proptech has waned slightly despite strong customer growth performance by the companies in their portfolios, according to MetaProp’s Year-End 2019 Global PropTech Confidence Index.
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Online
Investment in UK hotels increases by more than a quarter
Investment in the UK hotel sector in 2019 reached £6bn, an increase of 26%, according to the report ‘UK Hotel Capital Markets: Investment Review 2020’, published by Knight Frank.
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Online
Cushman & Wakefield expands Birmingham capital markets team
Cushman Wakefield has appointed Ned Jones to head its capital markets team in Birmingham.
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Online
Octopus Real Estate strengthens retirement team
Octopus Real Estate has appointed Marcus Adam as development director.
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Online
Hines secures London mixed-use scheme
Hines has bought a mixed-use retail and office scheme in the West End of London.
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Online
JP Morgan AM refinances City office with three banks
JP Morgan Asset Management has refinanced 10 Aldermanbury in the City of London with a trio of banks.