Latest news – Page 27
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Places for People acquires Rosewood Housing
The affordable homes provider was previously owned by housing developer Inland Homes.
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BRE urges government to develop ‘micro’ investment zones and adopt AI
In its 2024 manifesto, the BRE has called for a white paper on new building standards.
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Abercrombie & Fitch to set up shop on Oxford Street
The retailer has signed a multi-year lease for two floors in the mixed-use retail and office building.
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Abu Dhabi sovereign wealth fund shelves Liverpool One sale
Landsec was reportedly close to concluding a £350m for ADIA’s stake in the shopping centre.
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TCS posts fall in portfolio value but NAV nudges up
The firm said the reduction was primarily due to market sentiment around the macroeconomic outlook adversely affecting valuation yields, especially in offices.
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PRS REIT doubled profits in six months to December 2023
The firm put the growth down to the number of completed and let homes, as well as increased rents.
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Custodian shareholders back API merger
Property analysts said Urban Logistics REIT’s rival bid for API “may end up being jilted, and that may be no bad thing”.
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Private equity taking growing chunk of London capital market, reports Colliers
Low competition and dropping price expectations are leading the trend, the firm said.
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Stoford secures tenant for Warwickshire manufacturing unit
Opus International Products has signed a 10-year lease for Unit F at Leamington Spa business park.
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Regal London acquires Camden site of decade-old £100m resi scheme
The 184-home scheme was originally rejected by the local council in September 2014.
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WeWork delays filing annual report
The troubled flexible office firm filed for Chapter 11 bankruptcy in the US late last year.
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Former IPSX CEO Clarke sets up advisory firm
The IPSX started winding down last year after failing to find investment.
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Starbucks partner signs lease at Prologis Park Hemel Hempstead
Food Service Logistics has agreed a 15-year lease at the 161,134 sq ft distribution centre.
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RICS launches UK residential retrofitting standard
The standard, which will come into effect from the end of October, is designed to help members advise their customers on retrofitting options.
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Regal London signs Epson UK for 30,000 sq ft pre-let at Watford scheme
The grade-A The Clarendon Works office scheme will open in Q3.
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ESTAMA UK wins contracts to manage three more shopping centres
Addition of Birchwood, Weston, and Byron Place shopping centres take the number of assets the firm manages to 17.
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Aviva Investors expands LTAF range with Climate Transition Real Assets Fund
Investors want “investments that deliver long-term performance and are aligned with net zero commitments”, the firm said.
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Tristan Capital Partners secures £47m Westfield Stratford office refinancing
Leumi UK and Delancey Real Estate provided loans to refinance One Stratford Place.
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Penn Elcom launches flat pack self-storage system as industry tops £1bn
DIY assembly system allows users to create units of any size.
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UK Apartment Association rebrands in rental sector expansion
The Association for Rental Living will represent all institutionally backed, purpose-built rented sectors.