Anviksha Patel
Anviksha is a senior reporter at Property Week
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News£3.3m Orpington retail parade star lot at Allsop commercial auction
The freehold of a retail and residential parade in Orpington, Kent was the star lot at Allsop’s first ever September commercial auction, selling for £3.3m against a guide price of between £3m and £3.25m.
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BidX1 achieves 90% success at September auction
BidX1 has sold 45 properties from its 50-lot catalogue at its 23 September online auction, reflecting a 90% success rate.
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Acuitus raises £24.4m in September commercial auction
Acuitus attracted a 95% success rate at its 24 September auction from the sale of 37 properties from a 39-lot catalogue, raising a total £24.4m.
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Singaporeans take £40m Glasgow office
Singapore-based Elite Partners Capital has acquired Glasgow’s 150 Broomielaw from a Jersey trust for approximately £40m.
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Allegra and Moorfield on care home team-up
CEOs of operator and fund manager explain the rationale behind the partnership
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Industry reacts to government office U-turn
The industry has reacted with anger to the government’s abrupt U-turn on its ‘back to work’ plan – as many property agencies vowed to keep their offices open regardless.
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Colliers tips EMEA investment market volumes will double in Q4
Investment volumes in the EMEA real estate market could double in Q4 compared with the numbers registered in Q2 and Q3 thanks to improved market sentiment and delayed deals from earlier in the year finally concluding, according to a capital market expert at Colliers International.
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Green light for Castleford shed redevelopment
Leeds-based developer Eshton has received planning permission for two industrial units totalling 10,400 sq ft in Castleford, West Yorkshire.
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Watson launches public consultation for Bolton canal redevelopment
Developer and contractor Watson is holding a public consultation on its plans to redevelop a disused canal in Little Lever, Bolton into up to 300 homes.
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Crown Estate portfolio drops 1.2% in value
The Crown Estate’s portfolio valuation decreased by 1.2% to £13.4bn in the 12 months to 31 March.
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Altus Group CEO to retire
Proptech firm Altus Group’s chief executive, Robert Courteau, has announced his retirement. He will step down from the board on 30 September and remain in a consulting role.
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Strettons raises £16m at September livestream sale
Strettons sold 40 out of 48 lots at its 16 September live-streamed sale, achieving an 84% success rate.
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UK care home occupancy showing resilience
The UK care home sector is recovering following the initial impact of Covid-19, according to a research report by Knight Frank.
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Birchgrove acquires Surrey site for 60 retirement living units
Retirement living developer Birchgrove has acquired a brownfield site in Godalming, Surrey for a 60-unit scheme.
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Radisson Blu Hotel Belfast and Lighthouse offices hit the market
The CBRE hotels division is looking for offers in excess of £16m for its 120-room Radisson Blu Hotel Belfast and a 60,000 sq ft Lighthouse office building adjoining the hotel.
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Blackbrook Capital hires new director of investments
European investment firm Blackbrook Capital has appointed Jon Strang as director in its investment team.
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Auction House London raises over £20m at September auction
Auction House London raised a total of £20.8m at its 15 September live-streamed sale, achieving a 80% success rate.
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Grosvenor signs first ‘green’ lease with tenant
London landlord Grosvenor has agreed its first “green” lease with florist Pulbrook & Gould in a bid to reduce carbon emissions across Mayfair and Belgravia.
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Schroders to fund One Cambridge Square
Schroder’s UK Real Estate Fund has agreed the forward funding of £45m for the development of One Cambridge Square, a 99,743 sq ft office development in the urban quarter of Cambridge North.
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Canmoor lets 60,000 sq ft at Westway Park to NMIS and Boeing partnership
Investment firm Canmoor has let 60,000 sq ft at Westway Park in Renfrew, Scotland, to the National Manufacturing Institute Scotland (NMIS).
