All Property Week articles in 8 July 2022
View all stories from this issue.
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News
Homes England commits £28m to Manchester’s Ancoats regeneration
Manchester City Council (MCC) has secured £32.8m of funding for the final phase of regeneration of its Ancoats conservation area.
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Brookfield PE fund acquires Exeter PBSA property for £34m
Property development and investment company Uavend has sold a 268-bedroom purpose-built student accommodation property in Exeter to a private real estate fund owned by asset manager Brookfield for £34m.
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Wood takes senior role at CBRE in Oxford
Kevin Wood has joined real estate adviser CBRE as a senior director in the firm’s Oxford office.
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Pluto Finance appoints first regional lending director
Pluto Finance has made its third senior hire this year, appointing Evan Griffin as lending director, the specialist lender’s first regional lead, Property Week can reveal.
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iamsold reaches £1bn of property sales in 12 months
Online auction service iamsold has sold more than £1bn of property in a 12-month period for the first time, its owner iamproperty has said.
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Cushman & Wakefield makes 108 UK and Ireland promotions
US real estate services firm Cushman & Wakefield has revealed 108 promotions across a range of markets, service lines and functions based within the UK & Ireland.
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Goodman agrees Guenther Bakeries lease for Coventry distribution site
Guenther Bakeries UK, a subsidiary of US bakery products supplier CH Guenther & Son (CHG), has signed a lease with Australian property group Goodman for 106,000 sq ft of distribution space at Lyons Park, Coventry.
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Wates Group CEO David Allen steps down
Wates Group CEO David Allen, a key driver of the residential developer’s recent strong financial performance, has left the family-owned firm with the company declining to say why.
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Trebor mints £150m deal with Crown Packaging for Peterborough site
US packaging supplier Crown Packaging has acquired a 625,000 sq ft site from commercial developer Trebor Developments to make beverage cans at Delta Park Peterborough.
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London high-street knowledge platform Property X-Change launched
A number of London councils and property industry bodies have launched Property X-Change, a platform for bringing together property owners and those with fresh ideas to showcase how property can help create ‘high streets for all’ and revitalise London’s high streets.
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Redrow launches £100m share-buyback plan
Housebuilder Redrow will undertake a share-buyback programme in order to reduce the share capital of the firm.
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Online
Barrett bounces back from pandemic as annual profit set to exceed £1bn
Barratt Developments has hailed “an excellent performance” for the year to the end of June as home completions returned to pre-pandemic levels and profit heads to more than £1bn.
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Online
Kaye to tell investors Elizabeth Line will help mitigate economic woes
Helical boss Gerald Kaye will tell investors that the firm has enjoyed “a strong start to the financial year” at today’s annual general meeting.
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Online
TCS sells parking tech business for £20.7m
Town Centre Securities (TCS) has sold its YourParkingSpace (YPS) business to Flowbird SAS for £20.7m.
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Addington Capital make two appointments
Investment and asset management firm Addington Capital has hired Edgar Simmons and Jonathan Thorp, Property Week can reveal.
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Acuitus logs multi-million-pound headliner with timber yard sale
The £3.9m sale of a timber yard and warehouse in Lingfield, Surrey, headlined Acuitus’s 12 July online auction.
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Firefly Capital sells Greater Manchester’s Elms Square
Firefly Capital has sold its leisure-led mixed-use scheme Elms Square, in Whitefield, Greater Manchester for £8.8m.
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Keyland Developments offloads Wakefield East to private equity JV
Keyland Developments has completed the sale of its Wakefield East site in West Yorkshire to Opus North and Bridges Fund Management for an undisclosed sum.
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McLaren Property secures permission for 319-bed PBSA build
Nottingham City Council has given planning permission for McLaren Property to redevelop 77 Talbot Road, Nottingham, into a 319-bedroom student accommodation development.
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Residential development brewing at former Bass production site
The former Bass Brewery building in Burton upon Trent is on the market with full planning permission for residential development.