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Latest news – Page 8
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NewsUK faces ‘gigafactory gap’ which could see automotive industry ‘relocate to Europe’
The UK faces a growing ‘gigafactory gap’, with insufficient electric vehicle (EV) battery manufacturing capacity to satisfy demand as European competitors take control of the market, a cross-party House of Commons committee report has found.
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NewsOver 100 councils delay or fail to start projects supported by Levelling Up Fund
The National Audit Office (NAO) has revealed that 101 councils have delayed or failed to start projects that have been allocated money through the government’s Levelling Up Fund, due to rising costs and planning delays.
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NewsCushman & Wakefield to embed AI across CRE transaction process
Cushman and Wakefield has become the latest consultancy to deploy artificial intelligence (AI) at scale after announcing plans to embed it across its commercial real estate transaction process.
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NewsLandwood Group directors complete MBO
Five directors of Landwood Group have completed a management buyout to become the sole owners of the Manchester-headquartered property firm and are now planning to double the size of the business, PropertyWeek can reveal.
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News‘Remarkable’ growth of competitive socialising set to last, Savills reports
Competitive socialising in the UK is growing at a “remarkable” rate, according to research from Savills, which has labelled the sector as “the biggest development the leisure sector has seen in decades”.
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NewsJames Barrett joins BNP Paribas from Lifestory Group
BNP Paribas Real Estate has appointed James Barrett as national head of affordable housing based in the Bristol office to support the firm’s infrastructure and regeneration strategy.
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NewsMPs to investigate impact of built environment and planning on children’s wellbeing
Senior MPs have launched an inquiry aimed at exploring the impact of the built environment on children and young people’s health and wellbeing.
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NewsLandmark Space broadcasts deal for BBC’s Wogan House
Flexible workspace group Landmark Space has agreed a deal for Wogan House in Fitzrovia, home to the BBC Radio 2 and 6 teams.
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NewsOver 800,000 private renters at risk of eviction via Section 21 this winter
New research from Shelter has revealed 814,000 private renters in England, equivalent to one in 10, are at risk of losing their homes through Section 21 no-fault evictions this winter.
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NewsLondon Q3 housebuilding starts down 75% on past decade, says Molior
Construction starts for new London houses fell 74% in Q3 2023 compared with the previous decade’s quarterly average, according to research practice Molior London.
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NewsWandsworth Council blocks Wimbledon All England Lawn Tennis Club expansion plans
Wandsworth Council has unanimously rejected plans to nearly triple the size the Wimbledon All England Lawn Tennis Club grounds following a comprehensive campaign against the scheme.
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NewsUK Commercial Property REIT drops Picton merger
UK Commercial Property REIT (UKCM) has ended merger discussions with Picton because its largest shareholder, Phoenix Life, which controls around 43% of UKCM’s share capital, does not support the terms proposed.
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OnlinePanattoni appoints Preston to lead new investment management division
European logistics giant Panattoni has appointed logistics real estate veteran Nick Preston to diversify and increase its investor base as head of the newly created Panattoni Investment Management.
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OnlineUnite Students appoints Jessica Gallop as group people director
Student accommodation giant Unite Student has boosted its executive team with the appointment of Jessica Gallop as group people director.
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OnlineWorkspace value falls lead swing to loss, but trading improves
Workspace Group swung to a pre-tax loss of £147.9m compared to a profit of £35.8m a year before, as it posted a 10.2% fall in net tangible assets (NTA) and a 6.6% fall in the value of the portfolio in the six months to the end of September.
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OnlineShaftesbury scraps portfolio sale due to low bids
Shaftesbury Capital has scrapped plans to sell a portfolio of properties in London’s Fitzrovia district after bids fell short of expectations, according to a report.
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NewsGove’s decision to block M&S Oxford Street rebuild set for judicial review
The High Court has granted permission for M&S to apply for judicial review over Michael Gove’s decision to block the redevelopment of the high street giant’s Oxford Street store in London.
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NewsGovernment launches third investment zone in West Yorkshire
The government has launched England’s third investment zone, in West Yorkshire, in a bid to “unlock” £220m in investment.
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NewsLandsec gets green light for £500m City office development
The City of London Corporation has approved Landsec’s £500m plans to redevelop 55 and 65 Old Broad Street.
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NewsRegal London secures flex office provider for speculative Watford offices
Regal London has secured its first letting at its 173,000 sq ft speculative office development in Watford, signing flexible office provider YoooServ for 16,975 sq ft.
