All articles by Jamie Bennett-Ness – Page 15
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News
Cala Homes acquires £50m GDV residential development site in Ascot
Housebuilder Cala Homes has bought a prime residential development site in Ascot, Berkshire with a gross development value of over £50m.
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News
Khan says Sunak’s private sector plans for HS2 Euston ‘verging on fantasy’
London mayor Sadiq Khan has said Rishi Sunak’s plan to get private developers to pay for the final leg of HS2 from west London to the Euston terminus is “verging on fantasy”.
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News
Wimbledon tennis expansion plans agreed in face of opposition
Merton Council has approved controversial plans to expand the Wimbledon tennis championship site in south west London despite local opposition branding it an “aggressive, inappropriate commercial development”.
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Insight
Q&A: Hines duo discuss the firm’s new European HQ in London
Ross Blair and Robbie Pitman on why the investment giant became the main tenant of its own Covent Garden scheme.
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News
Gove gives developers 30-month second staircase grace period
Housing secretary Michael Gove has laid out a two-and-a-half-year transition period for the implementation of second staircases in new residential developments, in a bid to provide developers with clarity over their schemes.
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News
Canary Wharf owners inject £400m into repositioning plans
The owners of Canary Wharf Group (CWG) have committed £400m of fresh capital to invest in the east London financial district, which has suffered from waning office demand and the loss of key tenants in recent months.
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News
Edinburgh’s Argyle House office block sold to PGIM for £38m
PGIM Real Estate has acquired Edinburgh’s landmark Argyle House from global real estate investor Kennedy Wilson in an off-market deal understood to be worth around £38m.
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News
Hines’ Soho Square office scheme rejected in ‘clear signal to investors’
Hines’ plans for a major mixed-use development in London’s Soho have been rejected by Westminster City Council, with the planning committee voting against recommendations for approval.
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News
Central London records highest take-up of the year as active demand grows
Central London office take-up reached 2.2m sq ft at the end of Q3, the highest quarterly take-up of the year so far, while active office demand in central London is surging ahead of the long-term average, according to new research from Savills.
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News
WeWork president and COO Anthony Yazbeck leaves company
WeWork’s president and chief operating officer Anthony Yazbeck has reached an agreement to leave the company.
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News
Yahoo moves into Dublin’s tallest office tower
Tech giant Yahoo has signed for 35,703 sq ft at Dublin’s tallest office building, Tristan Capital Partners’ The Exo, in the city’s largest office leasing deal in the second half of the year.
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News
CBRE says obsolete office conversions offer lifeline for London residential market
Converting London’s secondhand, vacant office stock could plug an urgent housing shortfall in the capital, creating an estimated 28,000 new homes, CBRE has calculated.
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News
Impact Hub London Euston to open affordable workspace for local community
Social enterprise organisation Impact Hub London has signed a deal with British Land to open its second site in London’s Knowledge Quarter offering affordable workspace for under-served local communities.
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Online
RICS publishes new ‘evolution’ of UK valuation rules
The Royal Institution of Chartered Surveyors (RICS) has introduced new mandatory rotation rules for valuations after publishing an updated UK segment of its ‘Red Book’ master document for the profession globally.
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News
Feldberg signs 15,000 sq ft of deals at west London Regal House office scheme
Feldberg Capital, formerly Brunswick Property Partners, has signed new deals totalling over 15,000 sq ft at its recently refurbished Regal House office building in Twickenham, west London, Property Week can reveal.
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Online
High Court quashes developer’s planning permission in housing crisis-hit town
A local social enterprise developer with planning permission for a housing development in Frome has successfully challenged Somerset Council’s consent to a larger rival scheme in the High Court.
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Online
RICS elects Maclean to senior vice president
Nicholas Maclean has been elected as the next RICS senior vice president for the institution’s 2024 presidential team.
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Online
Knight Frank to cut up to 3% of UK workforce
Global real estate adviser Knight Frank has opened a consultation that could lead to up to 3% of it staff, or around 90 people, being made redundant.
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Online
UK real estate delivers second-weakest half year of new loan origination since Brexit
UK real estate lending fell by nearly a quarter in the first half of 2023 compared with the first half of last year, making it the second weakest half year of loan origination since pre-Brexit, as interest rate rises and falls in property values took their toll.
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Online
Longfellow launches first phase of Cambridge life sciences campus
Longfellow Real Estate Partners has unveiled its plans for CamLIFE, a 42-acre parkland campus in Cambridge with 170,000 sq ft of lab space in its first phase.