All Property Week articles in 9 September 2022
View all stories from this issue.
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News
Wrenbridge & Bridges get green light for 700,000 sq ft of net-zero carbon logistics space
A joint venture between Wrenbridge and Bridges Fund Management has secured planning permission to develop 700,000 sq ft of net zero carbon logistics space across three locations in the South East, with support from GLP.
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Guildford grade A office block acquired by Martin’s Properties
London property company Martin’s Properties has acquired Bishops Wharf, a multi-let grade A office building in Guildford, Property Week can reveal.
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Glenhawk agrees £200m senior funding line with NatWest
Glenhawk, one of the UK’s fastest growing specialist lenders, has agreed a £200m senior funding line with NatWest Markets (NatWest) to support its ambitions to lend £1bn per year by 2024.
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Barings forward funds logistics asset in the North West
Barings, one of the largest diversified real estate investment managers, has completed a deal to forward-fund Omega Business Park in in Warrington, Cheshire, on behalf of it pan-European logistics joint venture.
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Amro buys Sutton office for £170m BTR scheme
Amro Partners has acquired a 200,000 sq ft office building in Sutton for its next build-to-rent project, taking its total transactional volume since its launch in 2012 to over £1bn.
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Green light for CIT’s London Bridge office redevelopment
Southwark Council has approved developer CIT’s plans for a 520,000 sq ft office block in London Bridge.
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Civitas continues to search for solution to discounted NAV
Civitas Social Housing, the care-based and healthcare REIT, has said it is performing in line with expectations in a trading update ahead of its annual general meeting on Thursday.
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ONS records big jumps in house prices and resi rents
House prices have grown by their largest amount in almost 20 years, while residential rents have also risen sharply, official data has revealed.
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Dublin’s Buswells Hotel up for sale for €22m
The Buswells Hotel in Dublin has been placed on the market with a guide price of €22m (£19m).
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Supermarket Income REIT buys Tesco in Llanelli for £66.8m
Grocery property investor Supermarket Income REIT (SUPR) has purchased a Tesco store in Llanelli, South Wales, for £66.8m from M&G.
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Online
A 360° Insight Into The Residential Property Sector
360 service, 360 products, 360 sustainability, 360 innovation. LOFT has provided a 360 solution for residential interiors for 20 years.
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ReSI strikes £50m deal to acquire HSPG’s shared ownership pipeline
Retirement living group Residential Secure Income (ReSI) has agreed deal for an option to buy the entire shared ownership pipeline of social impact real estate firm HSPG.
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Redrow delivers annual results ahead of pre-pandemic levels
Housebuilding giant Redrow has posted a record annual underlying profit following the end of Covid lockdown restrictions and the release of pent-up demand from home buyers.
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Purplebricks makes board appointments as it prepares to face activist investor at AGM
Purplebricks has appointed two experienced property executives to its board as it attempts to fend off an attack from an activist investor.
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Climate-wreckers will be out of business in 10 years, says KPMG boss
In an uplifting episode of PropCast, Richard Threlfall sets out the pressures that will force businesses to act on the climate crisis, as well as the opportunities and challenges created by the infrastructure of the future.
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The Cornish Bakery appoints KLM Real Estate to support expansion
One of the largest independent bakery brands in the UK, The Cornish Bakery, has appointed KLM Real Estate to help deliver on its ‘ambitious’ UK-wide expansion plans.
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Kajima and Bartra secure financing for €100m Irish resi scheme
Japanese real estate firm Kajima Corporation and local joint venture (JV) partner developer Bartra have secured a green finance loan from Allied Irish Bank (AIB) for a residential scheme in Belmayne, Dublin.
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Home REIT spends £57.4m on 158 properties
Home REIT, which funds the acquisition and building of homes for homeless people, has acquired 158 properties across England for £57.4m.
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Avison Young’s ESG consultancy team makes two hires
Real estate adviser Avison Young has appointed Dr Eime Tobari as ESG social value director EMEA and Emily Huynh as ESG associate director EMEA.
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Troon International makes 10 appointments globally
Golf and golf-related hospitality management company Troon International has made 10 appointments across Europe, North America and Asia.