All Property Week articles in 9 October 2020
View all stories from this issue.
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Online
John Lewis eyes up move into housing market
John Lewis has lifted the lid on its plans to push into the housing market this morning, announcing that it has identified a swathe of potential sites for residential use.
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Online
Henley snaps up Manchester retail park from M&G
Private equity investor Henley has acquired Regent Retail Park in Manchester for £16m from M G.
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UBS Asset Management buys Amazon logistics hub in Belfast for £27m
UBS Asset Management has acquired an Amazon logistics hub in Belfast for £27m, reflecting a net initial yield of 5.5%.
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BPF slams Edinburgh Woollen Mill for administration proposals
The British Property Federation (BPF) has condemned the administration proposals set out by Edinburgh Woollen Mill (EWM).
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News
Natwest puts Drummond House on sale
NatWest has put the former Royal Bank of Scotland offices in South Gyle, Edinburgh on the market for an undisclosed sum.
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News
Allsop unveils bumper residential and commercial catalogues
Allsop has unveiled two catalogues for its next commercial and residential auctions, with a combined total of 391 lots.
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Office activity improved from Q2 in Scotland
Take-up of office space in Edinburgh, Glasgow and Aberdeen continues to be impacted by the pandemic but has improved in Q3 compared with the previous quarter, according to the latest figures from CBRE.
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Scape launches Irish accommodation block
Student living specialist Scape has launched its first student accommodation property in Ireland.
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Real estate investment climbs to six-month high
Real estate investment hit a six-month high in September, with £3.2bn being transacted during the month, the highest figure since March 2020.
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ilke Homes selected to deliver Nottinghamshire site
ilke Homes is set to deliver up to 140 homes in Nottinghamshire after being selected by Nottinghamshire County Council to regenerate a brownfield site in Arnold.
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Barratt Homes to deliver over 300 homes at Linmere development
Barratt Homes will deliver more than 300 properties in the first phase of Linmere, in South Bedfordshire, the new development brought forward by the Houghton Regis Management Company (HRMC), a consortium comprising Lands Improvement, Aviva Investors, and the Diocese of St Albans.
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Aviva Investors reveals £10bn infrastructure and real estate drive
Aviva Investors is targeting £10bn of UK infrastructure and real estate projects over the next three years.
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Landlords attack Edinburgh Woollen Mills administration proposals
Landlords have reacted angrily to administration proposals outlined by representatives of Edinburgh Woollen Mill (EWM), Bon Marche and Peacocks, which are owned by billionaire Philip Day.
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Costa to roll out 25 more sites as part of expansion plans
Costa Coffee is to open 25 more sites across the UK despite the challenges caused by Covid-19.
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CRE lending sees steep decline, according to research from The Business School
Commercial real estate lending saw a steep decline in the first half of 2020.
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Puma Property Finance strengthens nationwide presence with manager relocation
Specialist development lender Puma Property Finance has strengthened its nationwide presence with the relocation of Paul Murphy to Manchester.
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Capital & Regional receives half of rent due at the end of September
Capital Regional has received 51% of rent due at the end of September, a rise from the 40% collected for the previous quarter.
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Hammerson collects 38% of fourth quarter rent
Hammerson has collected 38% of UK rent for the fourth quarter, with the group collecting 41%, despite 94% of the firm’s flagship tenants permitted to trade by the relevant local government.
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LondonMetric sells four retail properties for £22.2m
LondonMetric has sold four retail properties from its long income portfolio for £22.2m.
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GBK to close 27 restaurants as part of rescue deal
Gourmet Burger Kitchen (GBK) is to close 27 restaurants as part of a rescue deal funded by the Boparan Restaurant Group.