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Digital Edition

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Property Week Digital Edition – 22 October 2021

2021-10-22T00:00:00+01:00

With hybrid working models seemingly here to stay, what are the implications for the future of the workplace? – Sunderland City Council’s Peter McIntyre on how the key Riverside scheme has thrived throughout Covid – Uncertainty over local plans after PM casts doubt on greenfield housing

All the content from the latest issue of Property Week

Rishi Sunak, November 2020

Mixed reaction from property industry to Sunak’s Autumn budget

Chancellor Rishi Sunak’s Autumn budget announcement this afternoon has received a mixed reaction from the UK property industry.

RI - WJ Conington Road - C03 M4637

Watkin Jones sells Lewisham BTR scheme to L&G for £130m

Developer/operator Watkin Jones has exchanged contracts for the forward sale of its build-to-rent scheme in Lewisham, south-east London to Legal and General Investment Management for around £130m.

New Chinatown Visual

Serious Fraud Office closes probe into North West property developments

The Serious Fraud Office (SFO) has closed its probe into three high-profile property developments in the North West due to “insufficient evidence to support a prosecution”.

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BrewDog unveils plans for flagship Waterloo site

Scottish brewery giant BrewDog intends to construct a new 26,500 sq ft flagship location at Waterloo.

Central London

Central London office lettings market returns to pre-pandemic levels

The central London office lettings market has returned to pre-pandemic levels, though the investment market is still 13% below the 10-year average.

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EuroFund launches UK arm

EuroFund, an international investment and real estate development group, has launched a UK arm.

Natasha Ryan

Savills appoints industrial & logistics associate director

Savills has added to its industrial & logistics team with the appointment of Natasha Ryan, who joins as an associate director.

SEGRO logo and graph

SEGRO snaps up Stratford site

SEGRO has bought a 1.7-acre site in Stratford, east London in an off-market transaction.

Construction

Built by Nature launches to accelerate timber construction

A new network and grant-making fund, Built by Nature, has launched ahead of COP26 to accelerate mass timber construction as a critical climate solution.

Knight Frank launches Capital House

Knight Frank markets £34m PBSA property in Southampton

Knight Frank has been instructed to market Capital House in Southampton, a student accommodation asset on behalf of joint venture partners Kier Property and Investec Bank.

Kennett Garden Village

Bellway selected to deliver Kennett Garden Village

The East Cambs Trading Company (ECTC) has selected Bellway Homes to deliver a 500-home scheme in Cambridgeshire.

Croydon panoramic

Outer London 20-minute neighbourhoods ripe for house price growth

Outer London neighbourhoods such as Croydon, Plaistow and Wood Green have the most potential for house price growth as the concept of 20-minute neighbourhoods gains attention from policymakers and developers.

One City Park, Bradford - Muse Developments.

Muse receives consent for Bradford office scheme

Muse Developments has received planning permission to deliver One City Park, a new office building in Bradford city centre.

Housing development

Aberdeen affordable homes go ahead after Holyrood rejects intervention

A housing scheme in Aberdeen providing more than 200 affordable homes has been given planning after it was referred back to the local council by the Scottish government.

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Dandara appoints new Scotland commercial director

Dandara East Scotland has appointed Jamie Scott to the newly created role of commercial director.

Cross laminated timber

Built by Nature launches to accelerate timber construction

A new network and grant-making fund, Built by Nature, has launched ahead of COP26 to accelerate mass timber construction as a critical climate solution.

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Clearbell lets 4,500 sq ft at Birmingham office

Real estate fund management and advisory business Clearbell has let 4,500 sq ft of office space at Edmund House, Birmingham, to training provider First Intuition.

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SREF opens new adventure park in Kent

Schroder UK Real Estate Fund (SREF) has announced plans to open a new Ninja Warrior UK Adventure Park in Kent at Chatham Waterside.

EDD Full team 3 (002) (r)

Eddisons adds five new hires to Sheffield team

Leeds-based property consultancy Eddisons has opened a new Sheffield office, featuring five more additions to its 13-strong team.

Housebuilding

​The timber building transformation is already under way

While Paris’s COP21 was a pivotal moment, hosting the first built-environment-focused day at a COP event, Glasgow’s Cities, Regions and Built day next month has confirmed our sector as one of the most critical for the climate’s future.

St. Enoch External

St Enoch Centre welcomes three new openings

Sovereign Centros has announced the opening of three new retail and food and beverage sites at its Glasgow shopping destination, St Enoch Centre.

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Fleet Street office development gets planning approval

A new office and retail development on Fleet Street has been granted planning permission by the City of London Corporation’s Planning and Transportation Committee.

London

Hogan Lovells in talks over 280,000 sq ft pre-let for London HQ

Hogan Lovells is in talks about a 280,000 sq ft pre-let at a Holborn site for its new London headquarters.

People

Frances Warner Lacey leaves CBRE for RX London

Frances Warner Lacey, head of CBRE’s City tenant advisory group, has left the agency for RX London.

Oxford Street

Ikea owners snap up former Topshop flagship for £378m

The owners of Ikea have purchased Topshop’s former flagship store on Oxford Street for £378m, creating a new central location for the Swedish furniture brand.

Ten Degrees Croydon 2

Greystar issued ‘alternations notice’ by fire commissioner on landmark modular scheme

Greystar has been issued an “alterations notice” (AN) from the commissioner of the London Fire Brigade (LFB) regarding its 100a George Street development – the tallest modularly constructed residential building in the world.

RICS flags

Q&A: RICS interim bosses talk about rebuilding trust post Levitt review

Following the biggest governance crisis the Royal Institution of Chartered Surveyors (RICS) has ever faced, Richard Collins and Nicholas Maclean have the unenviable task of rebuilding trust in the organisation.

RICS

RICS chief people officer departs following criticism in Levitt report

The chief people officer of the Royal Institution of Chartered Surveyors (RICS) has left the organisation.

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