Latest news – Page 16
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Nuveen sells Edinburgh’s OMNi retail and leisure asset for £64m
The mixed-use development includes a Vue cinema, a Wetherspoons and a Nandos.
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Shareholder Vision calls for I-RES to fund its campaign costs for EGM proposals
Ireland’s largest landlord called Vision’s request “highly unusual and inconsistent with good governance practice”.
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Survey: Help us measure progress in addressing diversity and inclusion in property
Property Week has recently launched its second annual Inspiring Diversity in Property (IDiP) sentiment survey.
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Majestic snaps up wine bar chain Vagabond from administration
Majestic plans to open more wine bars under the brand in the future.
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Priory secures double letting at 101 Old Hall Street Liverpool
Only 3,760 sq ft remains at the 136,000 sq ft, eight-storey Liverpool office building.
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House prices slip for first time in six months despite ‘signs of recovery’
Northern Ireland remains the strongest-performing region in the UK with house prices up by 4.3% annually.
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Double letting takes 22 Bishopsgate to 95% full
Only 70,000 sq ft remains available at the City office tower.
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Struggling flooring retailer Carpetright calls in restructuring adviser
The company said it was looking to make cost savings but not considering a Company Voluntary Arrangement.
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Hilton to open 100 NoMad hotels following Sydell takeover
The deal sees the firm enter the luxury lifestyle hotel market.
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Savills bolsters Chelmsford office with return of senior development director
Kibblewhite originally joined the agency in 1990 and spent 16 years working there.
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Berkeley hands over east London affordable homes to HARCA Poplar
The 62 homes comprise one- to four-bedroom properties and are part of the Poplar Riverside regeneration project.
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DLUHC expected to pursue more BSA repair bill cases
Lawyers say recent action against three firms is a “warning shot” for the industry.
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Second staircase guidance to boost resi development
“The sector can now hopefully move forward with clarity and deliver badly needed homes,” BPF director of policy, Ian Fletcher, said.
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Troubled Home REIT reduces debt further via ongoing asset sales
The value of Home REIT’s portfolio currently stands at £334.1m.
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Gateshead plans ‘urban community’ around Metrocentre
The shopping centre, the largest in the North East, has 400 stores and 2.1m sq ft of lettable space.
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Five independent ethical retail brands sign leases at Borough Yards
The brands will occupy Stonecutters Lane, the latest and final stage of the London dining and leisure destination.
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WeWork predicts $8bn in rental savings as it targets May to exit bankruptcy
The flexible office giant is aiming to emerge from Chapter 11 bankruptcy by 31 May.
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Travelodge to convert vacant east London office into hotel
Travelodge will repurpose Unex Group’s Gredley House in Stratford, east London.
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Savills IM secures £123m for first close of affordable homes fund
The investment will be used across a range of affordable and social rented homes.
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Gleeson Homes submits plans for 600-home Lincolnshire scheme
The residential development will comprise a mixture of two-, three- and four-bedroom properties.