All News articles
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OnlineChair of RICS investigation resigns
The chair of an independent probe into corporate governance practices at the Royal Institution of Chartered Surveyors (RICS) has resigned.
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Landsec CEO Mark Allan: Let’s get cities full again
It feels like Britain will be a happier place in the coming weeks. As lockdown restrictions continue to lift, it will feel very special to do many of the things we used to take for granted.
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Oxford and LCP mull purchase of £1bn West Midlands Interchange
Oxford Properties and Logistics Capital Partners are considering buying West Midlands Interchange, an upcoming 734-acre logistics scheme with a gross development value of more than £1bn.
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BPF urges landlords to take part in MHCLG eviction ban consultation
The British Property Federation (BPF) is launching a “call for arms” urging landlords to submit evidence to the government’s consultation on commercial eviction bans.
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HDH announces raft of promotions
Retail property consultancy, Harper Dennis Hobbs (HDH), has announced a number of promotions.
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Soho House plots £2.12bn float with US filing
Private members club Soho House has submitted a confidential filing for an initial public offering (IPO) in New York, according to Sky News.
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Covid costs commercial landlords £5.34bn in lost rent
Commercial landlords have lost £5.34bn in rental income over the first 12 months of the pandemic, according to research by Remit Consulting.
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McCarthy Stone receives £200m in forward funding deal
McCarthy Stone has received £200m in forwarding funding from a new joint venture to develop 650 retirement homes.
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Scoop appoints architect to ‘future proof’ Stirling shopping centre
Asset manager and developer Scoop has appointed POD Architects to help it find new uses for vacant units at The Thistles Shopping Centre in Stirling.
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Macquarie loans Aerium £106m for Herbal House refinancing
Macquarie Capital Principal Finance has loaned Aerium Finance £106m to refinance Herbal House in Farringdon.
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Prologis buys back former Arcadia DC for boohoo letting
Prologis has bought back the former distribution centre it developed and sold to Arcadia in 2017, and leased it to boohoo.
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Tritax to develop 550,000 sq ft Glasgow shed for HarperCollins’ relocation
Tritax Symmetry has agreed terms with HarperCollins to develop a 550,000 sq ft warehouse near Glasgow for the publisher’s relocation.
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First look at new Frasers store
The UK’s first new Frasers store will open its doors to the public next week.
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Frasers anticipates £200m hit on property values
Frasers Group has warned it could take a hit “in excess of” £200m on its properties due to covid restrictions, double its estimate in February.
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Hibernia announces net zero carbon commitment by 2030
Hibernia REIT has committed to becoming a net zero carbon business by 2030.
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Shock as Scottish first home fund runs out of steam
Housing leaders have expressed disappointment after the Scottish government’s £60m scheme to help first-time buyers has closed applications just five days after reopening.
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Loungers extends credit facilities ahead of café re-openings
Bar and café owner Loungers has waived covenants and extended its revolving credit facilities with two of its banks by 12 months in anticipation of food and beverage businesses re-opening on next week.
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Cinema sector must adapt to survive say experts
Partnerships between studios, exhibitors and property owners will be “more vital than ever” coming out of the pandemic, according to industry experts.
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TCC hires Forster to head UK logistics expansion
US developer Trammell Crow Company (TCC) has hired former DHL director Mike Forster to spearhead its expansion into the UK logistics market.
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BentallGreenOak snaps up Metropolitan REEM
BentallGreenOak acquires firm to create platform with $55bn of managed assets.
