All News articles
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OnlineMore than £3bn of rent lost since start of lockdown, research finds
More than £3bn of rent has been lost by property investors since the start of lockdown, according to Remit Consulting, in a situation which it said is unlikely to improve in the final quarter of the year.
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PRS REIT announces £50m additional development debt
PRS REIT has announced the approval of an additional £50m of development debt facilities with Barclays bank, taking its total to £450m.
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Pure Offices takes 30,000 sq ft at Edinburgh Park
Office centre provider Pure Offices has taken 33,000 sq ft at a newly refurbished space in Edinburgh Park.
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Eshton Group acquires new commercial unit in West Yorkshire
Eshton Group has acquired a 12,000 sq ft unit at the Dolly Lane site following several purchases in the West Yorkshire area.
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GLP raises £1bn in first close of European logistics fund
Logistics facilities provider GLP has raised €1.1bn (£1bn) in the first close of its pan-European logistics fund, GLP Europe Income Partners II (GLP EIP II).
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B&M to open up to 45 new stores as profits surge
Discount retailer B M is set to open up to 45 new stores later this year after profits and sales soared.
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Colliers announces appointment of Andrew Hallissey to EMEA Board
Colliers has announced the appointment of Andrew Hallissey to its EMEA Board
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SevenHomes annouce three new land team appointments
SevenHomes has announced the appointment of three new members on its land team to help drive business growth.
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Apache Capital disposes of Jersey office
Apache Capital has disposed of its only commercial property with the sale of a 45,000 sq ft office in St Helier, Jersey.
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Panattoni sells £200m Amazon shed to LGIM in largest ever warehouse deal
Panattoni has pre-sold a 2.3m sq ft warehouse at Symmetry Park in Swindon to Legal General Investment Managers (LGIM) for over £200m in the UK’s largest single-warehouse deal.
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PBSA market growth has shrunk by 2.6% in 2020
The UK PSBA market growth has shrunk to 2.6% in 2020, with 25,000 new beds added to the market in 2020 compared to 36,000 new beds in 2019, according to new data from StuRents.
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Savills IM hires new head of ESG
Savills Investment Management has hired Emily Hamilton as its new head of environmental, social and governance (ESG).
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Cluttons expands commercial valuations team with three hires
Cluttions has appointed Jonathan Rhodes, Paul Watling and Philip Cazenove to expand its commercial valuations team.
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Boutique bowling concept Lane7 to open at St James Quarter
St James Quarter has signed boutique bowling and gaming operator Lane7 at its shopping galleria.
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Retail rent arrears to exceed £2bn after third quarter
Retail property industry trade body Revo has warned that rent arrears could pass £2bn after today’s rent quarter day.
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Springfield hit by Covid-19 lockdown as annual dividend is halved
Springfield Properties has taken a £6m hit to full year profit following the delay of home sale completions during the Covid-19 lockdown.
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Landsec’s Deutsch takes finance role at Shaftesbury
Shaftesbury has appointed Alastair Deutsch as head of finance with responsibility for financial planning and analysis, strategic commercial insights, treasury, tax, investor relations and IT.
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St Modwen appoints Centrica executive as CEO
Sarwjit Sambhi has been appointed chief executive at St Modwen following the departure of Mark Allan to head up Landsec.
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Savills becomes latest valuer at IPSX
Savills has become the latest approved valuer to join the International Property Securities Exchange (IPSX).
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Proptech company Offr appoints UK head of agency
Proptech company Offr has appointed Peter Everett as head of agency in the UK.
