All News articles
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Leaseholders set to pay ground rents for 20 more years as reforms diluted
Annual charges on leaseholders look set to be capped at £250.
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HarperCrewe secures £200m-plus residential investment
TPG and Ridgeback provided the funding as part of plans to expand into the UK housebuilding sector.
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Gary Neville’s Relentless signs flex operator Gilbanks for Manchester scheme
Gilbank’s space at No1 St Michael’s will be its third location to date.
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Norway’s sovereign wealth funds eyes £363m Meadowhall takeover
Norges is in advanced talks to buy British Land’s 50% stake of the Sheffield shopping centre.
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Great Places secures £280m-plus deals with three lenders
New banking partner supplies debt alongside housing group’s existing lenders Santander and NatWest.
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FTSE 100 closes at record high with property stocks rising
FTSE 100 property companies enjoyed a boost with SEGRO’s share price rising 1.07%.
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Scottish government granted powers to introduce Building Safety Levy
The government is also considering a new tax on developers to contribute towards building safety repairs.
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Enfield Council seeks developer for 600-home Meridian Water scheme
The project is part of plans to develop 10,000 homes and create 6,000 new jobs.
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Watkin Jones appoints new CFO and updates on first half
Simon Jones has been appointed to succeed Sergeant as CFO designate and will join the board on 21 May.
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Valor completes £25m double acquisition of London last-mile logistics assets
The deals extend Valor’s UK portfolio to 54 assets across 5.2m sq ft.
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Thriving Investments secures £20m financing from Scottish National Investment Bank
The commitment takes the Scottish bank’s total investment in the fund to £60m.
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Taylor Wimpey order book falls year on year as home sales dip
Analysts described update as encouraging due to resilient sales in recent weeks.
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Annual profit edges up in ‘record’ year for Property Franchise Group
Gareth Samples, chief executive of TPFG, said the year had represented ”yet another year of record performance”.
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Chancerygate seals five deals at Genesis Park in Leicestershire
A 6,000 sq ft unit has been let to Deenova and sold to Sandpiper Formulations Pension Scheme.
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Petrol forecourt acquisitions help boost Asda profits
The supermarket giant’s adjusted EBITDA after rent rose by 24% to £1.078bn in 2023.
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Lok’nStore revenue grows 4.3% as store pipeline progresses
Trading update confirmed directors’ recommendation of 1,110p per share takeover offer from Shurgard.
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Pemberstone sells Sunderland business park for £1.625m
Avison Young, Newcastle and Blue Marble Asset secured the sale acting on behalf of the owner.
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James Cameron backs new UK film studio mired in planning dispute
The film director sees the proposed studio as a potential base for his company Lightstorm3D.
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Grosvenor to build 300,000 sq ft portfolio of flex offices
Grosvenor’s chief executive James Raynor said there was a “significant opportunity” to take advantage of occupier demand for flex.
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Oxford and LCP secure freight rail operator for £1bn West Midlands Interchange
The SRFI will sit alongside 8m sq ft of prime warehouse facilities.