All articles by Lawrie Holmes – Page 7
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News
Property and retail bodies call on government to stop town centre decline
Leading figures from the property and retail sectors are calling on central and local government to take action to address retail slowdown in town centres.
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LCBI reveals methodology for pan-European low carbon label
The Low Carbon Building Initiative (LCBI) has revealed the methodology for what it claims is the first pan-European low carbon label that will measure the carbon footprint of real estate based on a Life-Cycle Analysis.
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Increased staff travel accounts for 6.6% rise in carbon emissions at Vail Williams
Commercial and residential property adviser Vail Williams says a 6.6% increase in its 2021/22 carbon emissions to 160.6 carbon tonnes resulted from increased post-pandemic business travel.
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Cheyne Capital lends £123m to MARK for Borough Yards development
Alternative asset manager Cheyne Capital has loaned real estate investment manager MARK £122.8m to refinance borrowing on its mixed-use scheme Borough Yards in South London.
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Housing associations Network Homes and Sovereign merge to create 82,000 home group
The boards of housing associations Network Homes and Sovereign have agreed to merge and become a new housing association called Sovereign Network by October.
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St. Modwen buys 560,000 sq ft of sheds in Burton-on-Trent and Coventry
Developer St. Modwen Logistics, owned by private equity giant Blackstone, has acquired warehouse units in Burton-upon-Trent and Coventry.
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British Land and Australian fund hire Stanton Williams to design Canada Water building
A joint venture between property giant British Land and AustralianSuper, Australia’s largest superannuation fund, has appointed design studio Stanton Williams to design a 300,000 sq ft life sciences building in Canada Water, south London.
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AJC hires Hepple as head of strategic land
Dorset-based affordable housing specialist AJC Group has appointed Harry Hepple as head of strategic land, based at the firm’s Poole headquarters.
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Government pledges £42m to support building safety reforms
A funding package worth £42m to recruit and train 110 building control Inspectors and 111 fire inspectors has been unveiled as part of the government’s building safety reforms.
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Greenlight for Landsec’s £320m Southwark office development
Property giant Landsec has gained consent for its £320m redevelopment of Red Lion Court in Southwark, south London, into a 230,000 sq ft office-led scheme.
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Taylor Wimpey buys Henry Boot Milton Keynes site to build 1,855 homes
Housebuilder Taylor Wimpey has acquired a 342-acre site in Milton Keynes to build 1,885 homes from investor and developer Henry Boot for an undisclosed amount.
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Green light for JV’s 117,000 sq ft Battersea SME hub
A joint venture (JV) between developer The Linton Group and asset manager Henika Group has been given the go-ahead to develop a 117,165 sq ft co-working hub in Battersea, south London.
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Realstar makes hires to boost BTR team
Canadian real estate investor Realstar Group has appointed three members to its UK build-to-rent (BTR) team.
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Durkan hires Trenwith as group land director
London and South East-focused housebuilder and construction firm Durkan has appointed Stephen Trenwith as group land director.
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Prologis UK event raises awareness of logistics careers
Logistics real estate owner and developer Prologis UK has welcomed over 100 students to The Hub, a centre for logistics training and education at Daventry International Rail Freight Terminal (DIRFT), in a bid to raise awareness of careers in the sector.
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Online
PGIM RE buys North-west housing portfolio from Goldman Sachs AM
PGIM Real Estate, the property investment business of US asset manager PGIM, has acquired a portfolio of 918 single-family rental homes in Manchester and Liverpool from Goldman Sachs Asset Management.
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Online
High shed take-up giving way to sector rebalancing, says LSH
UK industrial and logistics take-up of 60.5m sq ft in 2022 fell short of 2021’s figure, but was still the second highest year on record, according to the latest report from Lambert Smith Hampton (LSH).
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Online
Knight Frank names Harley head of new ESG team
Property consultancy Knight Frank has created an ESG research team and appointed Flora Harley as head of ESG research to lead it.
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Barratt Developments invests £45m in timber plant to hit sustainability targets
Housebuilder Barratt Developments is to open a £45m timber factory to double the annual number of homes built using timber frames from 3,700 last year to around 8,000.
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Starbucks opening 100 UK stores this year
Starbucks, the world’s largest coffee chain, will open 100 new stores across the UK this year following a 37% increase in sales in this country to £449.3m.