All Property Week articles in 7 October 2022
View all stories from this issue.
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News
Rental market in crisis according to SpareRoom data
New data published by SpareRoom, the UK based flat-sharing website, has revealed that rental supply in the UK has hit a nine-year low while rental demand is at an all-time high.
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News
Fabrix confirms January start for £180m rooftop forest building
Property developer Fabrix has revealed construction will begin in January on the £180m Roots in the Sky building containing what it claims is the UK’s first rooftop forest.
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News
Price growth on London properties paused
Price growth for residential properties in central London has paused, but high sales suggest continued demand despite the uncertainty in the economy, according to research from real estate adviser Savills.
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News
Sovereign spends £17.6m to develop Farnborough shopping centre site
Knight Frank Investment Management (KFIM), on behalf of Local Pensions Partnership Investments (LPPI), has sold the Princes Mead shopping centre site in Farnborough to Sovereign Housing Association for £17.6m, reflecting an 8% net initial yield.
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News
Redrow snaps up Deal site for £69m GDV resi scheme
Redrow has bought a 13.8-acre site outside Deal in Kent for the delivery of a new residential scheme with a GDV of £69m.
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News
Generation submits plans for 12-storey Salford resi scheme
Property developer Generation has submitted a planning application for a 12-storey residential building with a gross development value of £20m in Salford, Manchester.
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News
Market disruption shakes financial landscape with fall in Q3 volumes
£10.6bn of property assets changed hands during Q3 2022, marking a decrease of 36% on Q2’s total, according to a report by Lambert Smith Hampton (LSH).
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News
LondonMetric pays £5m for south London shed site
FTSE 250-listed REIT LondonMetric Property has acquired a prime warehouse site covering 23,344 sq ft in Forest Hill, south-east London, for £5m from two private landowners.
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Neglect of mid-box sector holding back jobs and growth, claims Savills
Under-supply in the small to mid-box industrial and logistics (I&L) sector is costing the English economy £480m GVA (gross value added) a year and holding back growth in regional hotspots, claims agent Savills.
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News
Knight Frank launches leisure team headed by John Rushby
Property adviser Knight Frank has hired new partner John Rushby to head its newly launched leisure team.
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Knight Frank hires three new partners for South East rural office
Property consultancy Knight Frank has appointed Jamie Evans-Freke, Rachel Patch and Isabel Swift as partners to oversee a new office in Horsham, West Sussex.
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Online
Workspace provides positive trading update
Workspace Group has told shareholders demand continues to be “resilient” despite the uncertain economic climate.
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News
Exclusive: CapitalRise reaches £200m prime property loan origination
Prime property finance firm CapitalRise has reached £200m in prime property loan origination, funding developments across London and the home counties to the value of over £640m.
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News
Grundfos calls for government to address holes in energy strategy
Advanced pump solutions and water technologies firm Grundfos has urged the government to overhaul the UK’s utilities infrastructure with energy-efficient improvements to tackle the energy crisis.
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News
Orion announces key lettings at Telford Centre
Owner of the Telford Centre, Orion Capital Managers, has announced a number of significant lettings, with the aim of helping footfall recover to near the levels of 2019.
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News
Glencar awarded Sheffield logistics development by Trammell Crow Company
Construction company Glencar has been awarded its second project in succession by developer and investor Trammell Crow Company (TCC) to build a 367,152 sq ft logistics development in Sheffield.
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News
London’s Selso building to undergo sustainable refurbishment
The City of London Corporation has granted J Safra Group permission to refurbish the Selso building, in a scheme led by sustainability.
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News
PLATFORM_ submits plans for 1,350 BTR apartments in Leeds
Build-to-rent (BTR) developer PLATFORM_ has submitted a planning application for a 1.3m sq ft mixed-use development on Sweet Street in Leeds.
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News
Lancashire council takes forward plan for new railway station
A new railway station is to be built in Preston subject to planning approval from Lancashire County Council.
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News
Mission Street and BentallGreenOak JV to create Cambridge science district
A joint venture between Mission Street and BentallGreenOak (BGO) is set to create a 23-acre science district at Coldham’s Lane in Cambridge