All Property Week articles in 8 October 2021 – Page 3
View all stories from this issue.
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Online
PropCast: Co-locating homes and commercial space is prime for Londoners and Amazon deliveries
Public private partnerships are enjoying a resurgence with the co-location of housing alongside offices and last-mile logistics becoming an emerging solution for urban regeneration, experts have told PropCast.
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News
Chang named European ESG head at Hines
Hines has appointed Daniel Chang as head of environment, social and governance (ESG) for Europe.
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News
Chevalier acquires Hammersmith asset in £21m UK debut
Chevalier International Holdings has made its first UK real estate acquisition, paying £21m for 1-3 Hammersmith Broadway.
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News
Carlyle and ARA Dunedin acquire £102m UK logistics portfolio
A joint venture between global investment firm Carlyle and ARA Dunedin has acquired a portfolio of UK logistics assets from Moorfield Real Estate Fund IV for £102m.
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News
Rental growth and yield compression boost LXi REIT results
LXi REIT has been valued at £1.2bn ahead of the company’s half-year results to 30 September 2021, with the company posting strong figures due to rental growth and yield compression.
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Insight
New binding arbitration process will be crucial in resolving rent disputes
With many sectors still recovering from the impact of the pandemic, it is positive to see that levels of unpaid rent have fallen this quarter and a sense of normality is returning.
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News
OnTheMarket reports 46% increase in group revenue at HY results
OnTheMarket has reported a 46% increase in group revenue in its half-year results for the six months to 31 July 2021.
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News
Derwent reports 96% office rent collection in last quarter
Derwent London has received 96% of its September 2021 quarterly office rents, up 3% from collection rates reported in June 2021.
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News
United Trust Bank loans £10m for Kensal Views scheme
United Trust Bank has provided a £10m loan to Yellow Bricks Investment for its Kensal Views development in London.
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News
Tiger submits plans for Guildford co-living scheme
Tiger Developments has submitted a planning application to Guildford Borough Council for a purpose designed co-living scheme comprising 301 studios across four buildings, Property Week can reveal.
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News
Grosvenor set to hire offsetting adviser
Grosvenor UK & Ireland is on the verge of hiring an external offsetting adviser as part of its attempt to become “the UK’s first property company to be carbon neutral across all scopes by 2025”.
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News
Kirkland & Ellis relocates London office to 40 Leadenhall Street
Kirkland & Ellis has moved its 550-plus workforce from its current London office to 40 Leadenhall Street in the City of London.
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News
Omnicom to buy its London HQ for £440m
Omnicom is set to buy its own London headquarters on the South Bank, London, for £440m.
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News
Colliers reports 20.4% ethnicity pay gap
Colliers has reported a 20.4% average ethnicity pay gap in its first-ever report on ethnicity pay representation.
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News
Dandi appoints co-living operations manager
Co-living developer Dandi has hired Francesco Del Prete as operations manager.
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News
Savills hires Scottish investment associate
Savills has expanded its investment team in Scotland with the hire Alister Gibson as an associate based at the firm’s Glasgow office.
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News
Tommy Hilfiger leases shop at The Mall at Cribbs Causeway
The Mall at Cribbs Causeway has inked a deal with Tommy Hilfiger for a 2,650 sq ft space at the centre.
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News
Bristol city centre office take up plunges 15% from 2020 figures
Office take-up in Bristol city centre for 2021 to date has plunged 15% compared to the same period in 2020, according to JLL data.
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News
Ilke Homes inks 472-home deal with Places for People
Modular manufacturer ilke Homes has signed a two-scheme deal with placemaking organisation Places for People to develop 472 homes in Sussex and Exeter.
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News
Gloucester’s £107m tech hub will target ‘booming’ cyber industry
Reef Group and Gloucester City Council will target the “booming digital and cyber-technology industry” with The Forum, a £107m technology campus in Gloucester.