All News articles
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NewsQuintain and FORE Partnership sign up to new Healthy Homes Checklist
Ekkist, wellbeing consultancy for the built environment, has launched a new Healthy Homes Checklist, with developers Quintain and FORE Partnership among the first to sign up.
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Chancellor unveils £650m ‘war chest’ for life sciences sector
Chancellor Jeremy Hunt announced a £650m “war chest” alongside a promise to fire up the UK’s life sciences sector by shaking up planning rules and encouraging investment.
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Failed real estate investments leave Woking facing £1.9bn debt as government steps in
The government has stepped in to oversee Woking Borough Council (WBC) with the authority facing £1.9bn debt following a series of failed real estate investments.
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UK Biobank to develop new HQ at Manchester Science Park
UK Biobank is set to move to Bruntwood SciTech’s Manchester Science Park after receiving £127.6m research funding for the development of a new headquarters at the site.
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Picton Property outperforms MSCI UK Quarterly Property Index despite annual loss
Picton Property Income has reported an outperforming property portfolio relative to MSCI UK Quarterly Property Index for the year ended 31 March 2023, despite making a pre-tax loss of £89.5m, compared to a £147m profit for the year prior.
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UK Commercial Property REIT sells Wembley logistics asset for £74m
UK Commercial Property REIT (UKCM) has sold its 186,455 sq ft Wembley180 logistics asset in north London to registered charitable company Covent Garden IP for £74m, reflecting a net initial yield of 3.49%.
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Carmen Ching becomes Salboy Group’s first head of sales
Nationwide property development and funding company Salboy Group has appointed Carmen Ching as its first head of sales, leading the group’s international sales strategy.
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Bristol BTR supply 17,000 units short of 2040 target, says Gerald Eve
Supply in Bristol’s build-to-rent (BTR) market could fall 17,300 units short of 2040 targets due to failure to bring land forward, according to Gerald Eve.
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Wavensmere Homes strikes deal for Derby development plot
Birmingham-based housebuilder Wavensmere Homes have made a deal with Wilson Bowden Developments for one of the final plots of land within the revitalised Cathedral Quarter in Derby.
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Camden Council on the hunt for development partner for £500m scheme
The London Borough of Camden has launched its search for a development partner on a mixed-use scheme with an estimated gross development value (GDV) of £500m.
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Vodafone renews lease at global HQ in Paddington
Vodafone has agreed to renew its lease at One Kingdom Street in Paddington, extending its stay at its global HQ for another five years.
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Manchester City scores new club shop at Arndale
Manchester City has capped off its Premier League title win by unveiling a new club shop opening inside Manchester Arndale shopping centre.
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Conversion of London’s unused office space could create 8,010 new homes
Conversion of unused office space in London’s Central Business District (CBD) could create 8,010 new homes, according to a report by JLL.
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Bank ABC targets co-living with Canary Wharf and Croydon deals in the pipeline
Bank ABC has revealed plans to enter the co-living market with two major deals in the pipeline, in the Canary Wharf area and Croydon.
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Anna Hwang joins Placefirst as assets and strategy director
Build-to-rent (BTR) developer Placefirst has appointed Anna Hwang as its first assets and strategy director, as part of its growth strategy.
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Millennium Group, Allsop and MAPP open Singapore office
Millennium Group has opened a new office in Singapore, with the aim of strengthening its Asia alliance with UK-based firms Allsop and MAPP.
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Savills calls for lenders to be ‘bold’ in helping unviable assets towards net zero
Lenders have been urged to take control of commercial assets to aid environmental refurbishments in the secondary markets as prime assets look set to leave them behind
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Administrators called in to Canary Wharf’s 5 Churchill Place
A 313,000 sq ft office block in Canary Wharf has crashed into insolvency after the owners called in administrators in further dire news for London offices.
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Gove orders probe into ‘industrial-scale corruption’ at Teesside regeneration
Michael Gove has agreed to an independent investigation into the government’s flagship regeneration project in Teesside after claims of “industrial-scale corruption”.
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Online
CapReg shows improvement but footfall remains below pre-Covid levels
Shopping centre group Capital & Regional saw footfall during the four months to the end of April rise 4.8% compared to 2022, but it remains below pre-pandemic levels.
