All Property Week articles in 9 February 2018 – Page 6
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News
Improbable growth prompts move to larger London HQ
The virtual simulation company has agreed to take 59,000 sq ft on fourth floor of 10 Bishops Square.
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Insight
Building momentum: Carillion won't be the only casualty if things don't change
To meet current housing demand, the construction industry must build double the amount of homes it is currently building.
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News
UK investor buys £20m office and retail building in the City
A UK private investor has acquired 16-18 New Bridge Street, in the City of London, from a private Middle Eastern vendor for just under £20m.
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News
Savills London kicks off 2018 with largest-ever catalogue
Auction house will offer 262 lots at its 13 February sale including eight properties in Wimbledon.
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Insight
Home truths: we need to improve housing to attract and retain talent
Launching Britain’s industrial strategy on the day of the royal engagement was the kind of misstep we have come to expect from today’s politicians.
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News
US PE firms make key senior appointments
US private equity firms Blackstone and Starwood Capital Group have both made key senior hires.
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News
Work.Life makes Manchester debut in Core
Co-working company Work.Life has opened its first site in Manchester after taking 12,540 sq ft of space in the Core building on Brown Street.
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Online
New bridging lender headed by ex-Fortwell Capital boss
A new real estate bridging lender has launched called Tuscan Capital – headed by Colin Sanders, the former chief executive of Christian Candy’s Fortwell Capital.
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Online
Lloyds backs Romulus with £80m 'green loan'
Property investor and developer Romulus has refinanced five West London assets with a new £80m loan from Lloyds Bank Commercial Real Estate provided through its Green Lending Initiative.
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News
SEGRO puts its hand in its pocket to help the needy
Homelessness is high on the social agenda, so we are pleased to see the success industrial property giant SEGRO has had in helping people get off the streets and back into work.
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News
Separated at birth: Tom Hanks and Gary Gibbons
With the release of the latest Oscar-nominated film, The Post, starring Tom Hanks, head of property management at London Clancy Gary Gibbons says he has received even more attention than normal.
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News
UK plc resilient despite ‘stretched’ commercial property valuations
Valuations in the commercial property market have become “stretched” but the UK economy is well placed to cope with a drop in prices, according to one of the Bank of England’s most senior figures.
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News
New Swiss Life fund snaps up two regional offices for £72m
Mayfair Capital Investment Management has acquired two regional office buildings for just over £72m for a new Swiss Life Asset Managers real estate fund.
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Insight
Ærium makes €140m acquisition in Frankfurt
Fund manager Ærium has acquired a prime office-led asset in Frankfurt from Aurec Real Estate Europe for €140m (£124m).
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Professional
Housebuilders don’t have any incentive to hoard land
Housing continues to occupy centre stage in the political agenda, supplanted only by the agonies of Brexit.
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Insight
City view: London will retain global appeal despite political and economic uncertainty
London is the ultimate global marketplace. Despite a number of political headwinds last year, the London real estate office investment market roared back to strength with a 33% increase (to around £17bn) in transaction volumes.
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Insight
Investors waking up to benefits of serviced offices
RDI REIT’s acquisition last month of a significant majority stake in a portfolio of four established high-quality serviced offices could indicate a sea change in how serviced offices are viewed as an investment opportunity.
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Professional
Refunds for businesses hit by ‘staircase tax’ are months away
I’ll be honest. I hadn’t expected the government to fully reverse the effects of the UK Supreme Court’s (UKSC) decision in Woolway v Mazars (2015) UKSC 53, which was dubbed ‘the staircase tax’ by the media.
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News
City of London moves to halt office-to-resi conversions
The City of London has become the latest council to consider scrapping office-to-resi conversions.
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Professional
Q&A: City of London’s chief planner on Bloomberg’s new HQ and the changing face of the Square Mile
Annie Hampson talks about her work with Bloomberg on its new London HQ, the artifacts discovered and her approach to planning.