All Property Week articles in 9 April 2021 – Page 2
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News
CPI and Aroundtown make £672m cash offer for Globalworth Real Estate
CPI and Aroundtown have offered to buy out Globalworth Real Estate for £672m (€774m), valuing Globalworth’s entire issued share capital at €1.6bn.
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Trowers & Hamlins appoints Tom Calnan to real estate team
Trowers Hamlins has hired Tom Calnan to join its real estate team in London.
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London has always bounced back from challenges, says Landsec chief
Covid-19’s impact on commercial real estate has been severe, but Landsec’s chief executive thinks the pandemic may act as a catalyst for positive change in the sector
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Catalyst and Swan secure planning approval for east London affordable-housing scheme
Catalyst and Swan Housing Association have been granted planning permission for their Blackhorse Yard regeneration scheme in Waltham Forest, east London.
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Dobrik & Lawton inks deal with Pollen Estate
Fashion house Dobrik Lawton has inked a deal with Pollen Estate to occupy space on the ground floor of 31 Savile Row.
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Pre-tax profits at Watkin Jones expected to be ‘slightly below’ last year
Watkin Jones has said its adjusted earnings before interest and taxes could be “slightly below” H1 2020.
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Symmetry Park first phase receives planning consent
Tritax Symmetry, Tritax Big Box’s dedicated logistics development company, has secured detailed planning permission for the first phase of Symmetry Park in Rugby, comprising 320,000 sq ft of logistics accommodation.
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Tokoro Capital secures 60% LTC debt facility for Paris office
Real estate investment manager Tokoro Capital, set up by Sanjay Sethi and Max Bassadone, has closed a 60% loan-to-cost senior investment loan from pbb Deutsche Pfandbriefbank.
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Cluttons appoints new head of project and building consultancy
Property consultancy Cluttons has hired Robert Burke to head its project management and building consultancy teams.
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CBRE placed on £470m Sheffield regen scheme
CBRE’s retail team has been appointed by Sheffield City Council and Queensberry as sole leasing agents on the Heart of the City scheme, a £470m regeneration project designed to transform Sheffield city centre.
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LandAid launches two summer fundraising events
LandAid has launched two virtual fundraising events for this summer to raise funds for local youth homelessness charities.
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Habinteg appoints Nick Apetroaie as CEO
Habinteg Housing Association has appointed Nick Apetroaie as the new chief executive, replacing Sheron Carter.
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Curchod & Co acquires London Clancy
Surrey-based commercial property firm Curchod Co has acquired Hampshire-based firm London Clancy in a bid to expand its South East operations.
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Whitbread to open two central London Premier Inns
Hospitality operator Whitbread is preparing to open two new Premier Inn hotels in Soho and Shoreditch, in central London.
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NewRiver mulls pub portfolio IPO
NewRiver is considering a potential initial public offering (IPO) of Hawthorn, its portfolio of over 700 pubs across the UK.
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Q4 2020 rebound for SME housebuilder lending
The lending market for SME housebuilders rebounded in Q4 2020 after dropping 30% year on year in Q2, data from a real estate finance advisor has revealed.
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GPE rental collections at highest level since pandemic began
Great Portland Estates (GPE) has collected 82% of March quarter rents, more than in all four previous quarters.
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Retail continues to drag on British Land rent collections
British Land has collected 76% of March quarter rents so far, with only just over half of retail tenants paying on time.
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Footfall up almost threefold on retail reopening day
Footfall was up 298.7% on Tuesday as non-essential retail reopened in England, compared with the same day last week, Property Week can reveal.
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No Chaos and Scum launch Covent Garden flagships
Independent skate shop No Chaos and cult brand Scum have launched flagship stores in Covent Garden.