All articles by Hannah Brenton – Page 21
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Online
PRS needs planning change to take off
The private-rented sector will not take off until there is a planning change which levels the playing field with build-for sale, delegates at the Property Week Student Accommodation Conference 2014 heard today.
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Online
Regis appoints investment director
Ground rents investor Regis Group has appointed Topland’s Mark Snape as investment director.
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Online
Cushmans reshuffles London markets team
Cushman Wakefield is reshuffling its London occupier team with the promotion of George Roberts to head of London markets.
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Online
Ultra prime estate agent plans London expansion
Ultra prime estate agent Rokstone is expanding across London, having sold more than £350m worth of prime London residential property since launching a real estate division in 2011.
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Online
Tritax Big Box REIT raises £110m in placing
Tritax Big Box REIT has successfully raised its maximum target of £110m in a placing.
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Online
L&G buys £25m portfolio of care homes
Legal General Property has acquired a portfolio of three care homes from Bridge Ventures for £25.2m.
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Online
Songbird NAV jumps 19.2% following takeover approach
Songbird Estates has announced a 19.2% increase in its net asset value, following a takeover approach from Qatar Investment Authority and Brookfield Property Partners.
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Online
Aviva provides EPIC with £61m finance facility
Aviva Commercial Finance has provided a £60.65m five year 50% loan-to-value facility to property investor EPIC.
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Online
Essential Living wins £51m government funding
Private-rented sector developer Essential Living has secured a development finance deal jointly funded by the Homes and Communities Agency (HCA) and Royal Bank of Scotland (RBS).
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News
Oil giant sets office rent record in Mayfair
Trafigura is in advanced talks to secure prime space at 30 Berkeley Square at close to £150/sq ft, a UK office rent record.
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News
Venn powers up with HUB Hoola towers deal
Alternative lender Venn Partners has struck its largest development deal to date, backing HUB’s Docklands tower scheme with a £97.5m loan.
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Markets
BPF urges reform of council tax levies on purpose-built student housing
Council tax on purpose-built student housing is “clunky”, “messy” and fails to take into account the growth of direct-let halls, the British Property Federation (BPF) has claimed.
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Markets
Bullish new partnership aims to take lead in regional PRS
A £1bn private rented sector partnership has been created to target the UK regions — with four sites already in the pipeline for bespoke build-to-rent schemes.
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Online
Scotland plans ‘radical’ land reform
Scottish first minister Nicola Sturgeon has announced a “radical” land reform bill to curtail the power of large estates in the country.
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Online
AXA Real Estate appoints new board members
AXA Real Estate Investment Managers has appointed Isabelle Scemama and Laurent Lavergne to its management board.
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Online
Preferred bidder selected for giant Olympic Park PRS sites
Places for People and Balfour Beatty have been selected to develop a huge swathe of new homes in the Queen Elizabeth Olympic Park in east London, Property Week can reveal.
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Online
Hong Kong investor buys Oxford Street block for sub-3% yield
Hong Kong investor Emperor International Holdings has bought a prime retail investment on Oxford Street for £35m at a sub-3% yield.
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Online
Residential investor buys Battersea Homebase store for £200m scheme
Homebase has exchanged contracts to sell its store in Battersea to Marc Pennick’s Fifth Capital London for a £200m residential scheme.
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Online
Urban & Civic makes major Manchester foray
Regeneration specialists Nigel Hugill and Robin Butler are close to buying two major development sites in Manchester city centre.