All articles by Lawrie Holmes – Page 4
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News
Caterham revs up for 54,000 sq ft at Railpen’s Dartford X
Pension manager Railpen has signed Caterham Cars, the lightweight sports car maker, for 54,000 sq ft of space across three sites at its Dartford X industrial park in Dartford, Kent, on a 12-year lease.
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RICS reports 12-month resi sales outlook returns to positive after a year
The 12-month outlook for expected sales returned to positive territory for the first time in a year in the RICS March residential market survey, offsetting short-term negative data on new buyer enquiries and agreed sales.
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HFD pays £4.5m for 36,000 sq ft industrial unit in Scotland
Commercial property firm HFD Property Group has bought a 36,055 sq ft unit at Hamilton International Park for £4.5m from Wemyss Properties, adding to its portfolio at the central Scotland business park that it has managed since 2008.
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Olympian Homes’ 46-storey east London tower gets green light
Developer Olympian Homes has gained consent from Tower Hamlets Council to build 795 co-living homes in a 46-storey building on the Isle of Dogs.
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Kajima hires Philip McLaughlin as project director in London team
Japanese investor, developer and manager Kajima has hired Philip McLaughlin as a real estate project director focused on logistics and student accommodation.
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Footasylum steps into larger store format for rollout
Footasylum, the streetwear and sportswear retailer bought by private equity firm Aurelius Group last year in a £37.5m deal with JD Sports, is aiming to open larger-format stores across the UK.
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Birmingham’s Star City placed up for sale for £65m
Real estate asset manager and developer Quadrant has placed major UK leisure destination Star City up for sale for a reported £65m, Property Week understands.
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Boxing brand UBX looks to clinch 250 clubs across UK
Australian boxing brand UBX and franchise investor Empowered Brands are aiming to roll out 250 boxing and strength training clubs across the UK over the next six to eight years as part of a £40m expansion plan.
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Green light for Capital 38’s £50m central London refurb
Capital 38 has gained planning permission for the refurbishment of an 86,000 sq ft office building at 21 Bloomsbury Street, near Tottenham Court Road underground station in central London.
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TCS confirms death of Dr Marjorie Ziff
Dr Marjorie Ziff, wife of Town Centre Securities founder Arnold Ziff and mother of the property investment and car parking operator’s chairman and CEO Edward Ziff, has died.
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Panattoni hires Scott Meakin as development surveyor in Manchester office
Panattoni, the US developer of industrial sites, has appointed Scott Meakin from rival Tritax Symmetry, the logistics development arm of Tritax Big Box REIT, as a development surveyor to work on projects in the north of England.
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Ilke buys Milton Keynes site from L&Q to build 140 homes
Modular housebuilder ilke Homes has acquired seven acres to develop 140 homes near Milton Keynes, Buckinghamshire, from L&Q Estates, for an undisclosed amount.
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PBSA market to reach £4.5bn by 2025, says SPG
The purpose-built student accommodation (PBSA) sector has bounced back from a pandemic-induced decline and will reach a value of £4.5bn in two years, according to Stripe Property Group (SPG).
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GII sells South Wales Airbus site to Kuwaiti family office
UAE investment firm Gulf Islamic Investments (GII) has sold Celtic Springs Business Park in Newport, South Wales, to Kuwaiti family office AW Properties for an undisclosed amount.
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Untold Living hires Amy Herbert as director of operations
Later living developer-operator Untold Living has recruited Amy Herbert, former director of nursing homes at the St Monica Trust, as director of operations.
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Kirsten Hald named UK regional rep to BPF Futures advisory board
Kirsten Hald, a surveyor in real estate adviser Colliers’ Birmingham office, has been selected to join the British Property Federation’s (BPF) Futures division.
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Property sector slams government’s net zero plans
Leading industry figures have warned the government’s plans for reaching net zero, as detailed in the report Powering up Britain, are not ambitious enough to meet the challenge of decarbonisation.
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HBD and Barnfield JV acquire Preston site for 800,000 sq ft industrial scheme
A joint venture (JV) between developers HBD, part of property group Henry Boot, and Barnfield Group, has acquired a 25-hectare site near Preston, Lancashire, to develop an 800,000 sq ft industrial and logistics scheme, for an undisclosed amount.
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Irwin Mitchell hires Tunningley as partner in construction and engineering team
Law firm Irwin Mitchell has appointed Robert Tunningley as a partner in its construction and engineering team, based in the firm’s Gatwick office.
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Landsec’s £1bn Finchley Road masterplan greenlighted
Property giant Landsec’s masterplan for its first mixed-use scheme – a £1bn development on the site of a car park at the 02 Centre in Camden, north London – has been approved by Camden Council.