Latest news – Page 12
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SEGRO appoints Bond to lead Thames Valley and Heathrow teams
Bond will oversee a region with £5.3bn of assets under management for the industrial giant.
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CBRE strengthens lending team with OakNorth’s Kare
Kare will be responsible for executing and managing new development loans for CBRE.
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L&G acquires Cambridgeshire BTR scheme from Stonebond
The 41-unit development comprises 10 flats and 31 houses.
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Build-out rates decline as large housing schemes take over five years to deliver
A new study has analysed 297 sites across England and Wales delivering a combined 387,000 dwellings.
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Aviva Investors provides financing towards Velindre Cancer Centre in Wales
The project is being procured under the Welsh government’s mutual investment model, which has an emphasis on improving public services.
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DLUHC launches routine inspection regime for social landlords
The new rules will also require landlords to have an accurate record on the condition of every property.
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Morgan Stanley commits to Canary Wharf HQ until 2038
Landlord Canary Wharf Group will invest in a sustainability-led refurbishment of the offices.
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Moorfield strengthens board and origination team
The real estate investment manager has created the new role of executive chairman.
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Rickard becomes MD at Pocket as co-founder moves to chair company
Rickard has more than 20 years of industry experience and has been the developer’s chief financial officer for the past five years.
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Recievers called in to WeWork fund’s last London offices at 51 Eastcheap
The City block is entirely let to the troubled flexible office giant.
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CitizenM major shareholders tipped to retain stake if £3.4bn sale goes ahead
Dutch pension provider APG and Singaporean wealth fund GIC own major stakes in the firm.
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Mileway promotes Jones to UK managing director
He has extensive experience of industrial real estate across the UK and has been regional director for the North West and Yorkshire since 2020.
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New JV established to regenerate Bristol’s Temple Quarter
The new joint venture group, BTQLLP, plans to deliver approximately 10,000 new homes.
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Avant Homes Scotland acquires East Lothian site for 92 homes
If approved, work will begun on the Thistle Meadows development in May.
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CIBSE revealed as new administrator of NABERS UK
The energy performance rating tool has been searching for a new administrator since September, when the BRE said it would end its licensing agreement.
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Westminster approves Lazari’s Fenwick department store redevelopment plans
The scheme will greatly reduce retail space at the Mayfair site to allow for more office space.
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Newport power station acquired for conversion to battery energy storage plant
Buyer FPC Electric Land will create a 230MW facility at the former coal-stoking site.
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SEGRO grows food and drink customer base in west London
A snack manufacturer has taken space at Premier Park, while an existing customer has expanded at SEGRO Park Westway.
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Supermarket Income REIT secures increase to lending deal
The firm has increased its unsecured finance facility with Sumitomo Mitsui Banking Corporation.