All articles by Mitchell Labiak – Page 6
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News
Peter Mawson appointed chair of Henry Boot
Henry Boot non-executive director Peter Mawson has been appointed chair of the developer as the company announced the retirement of current chair Jamie Boot.
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CBRE ‘significantly outperforms’ pre-Covid peak
CBRE has boasted a “strong finish” to 2021 in which it “significantly outperformed” both the final quarter of 2020 and the pre-pandemic peak in the final quarter of 2019.
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Insight
Predicting the future
Predicting the future is a thankless task. In 2012, not even the best minds in the world would have been able to predict Donald Trump’s presidency, Brexit or a global pandemic.
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Lloyds commits to slashing office space by 30%
Lloyds Banking Group has committed to slashing its office footprint by 30% by 2024 as it embraces “hybrid ways of working and transformed workspaces”.
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Ho Bee Land exchanges contracts on The Scalpel purchase
Ho Bee Land (HBL) has exchanged contracts to buy City office tower The Scalpel – 16 months after Property Week revealed the building had been put up for sale.
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Fears mount over the escalating situation in Ukraine
Fears were mounting this week over the escalating political situation in Ukraine as the UK government imposed a raft of sanctions against Russia that could have major ramifications for the UK property industry.
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Two Chancery Lane offices on sale for £136m
Two separate office buildings on Chancery Lane in Holborn, London, have hit the market for a combined £136m, reflecting a surge in investor interest in the Midtown market, Property Week understands.
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Unite boasts ‘strong recovery’ as adjusted earnings surge 20%
Unite Students has said that last year marked a “strong recovery” for the business as it posts its full-year results for 2021.
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Capco posts return to operating profit for 2021
Capco posted a return to operating profit for the year to 2021 following its big operating loss for the year 2020.
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Insight
Hogan Lovells completes 266,000 sq ft pre-let for London HQ
Hogan Lovells has completed a deal to pre-let 266,000 sq ft of office space in Holborn for its new London HQ – as tipped by Property Week four months ago.
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Insight
The Scalpel to be sold in £820m deal
The Scalpel office tower in the City of London is in the final stages of being acquired by a Singaporean investor for around £820m – 16 months after Property Week revealed the building had been put up for sale.
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Bericote and Tritax secure planning consent for 388,000 sq ft of logistics space
Bericote Properties and Tritax Big Box have secured planning permission for 388,000 sq ft of logistics space at the former Littlebrook Power Station in Dartford, Kent, Property Week can reveal.
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Majority of property industry has ‘never heard’ of new housing minister
The vast majority of the UK property industry has “never heard” of the new housing minister Stuart Andrew, a Property Week survey has revealed.
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Over a third of property industry believes their employer has ‘minimum focus on ESG’
Over a third of UK commercial real estate professionals believe that their employer has a “minimum focus on ESG”, a survey has revealed.
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Amazon’s former UK CEO predicts online will account for half of all retail
The former UK chief executive of Amazon has said that online shopping will account for half of all retail.
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PGIM snaps up care home portfolio from LGIM for £70m
PGIM has bought a portfolio of six care home assets from LGIM for £70.2m.
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Insight
An American Invasion in the UK logistics market
They may be late to the UK logistics party, but three US-backed industrial developers are making a name for themselves in the market.
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News
US-based Trammell: ‘We’re going to park our tanks on your lawn’
US industrial developer Trammell Crow Company (TCC) has warned the UK industrial sector that it intends to “park [its] tanks on your lawn” as part of an aggressive European expansion campaign.
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Construction execs say ‘plan for net zero’
Majority believe regulations need to change to help the sector hit climate targets.
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Delivery of new builds plummeted last year
Analysis reveals the number of new homes built in 2021 fell 11% year on year.