All News articles
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NewsSavills doubles September’s 2022 auction sales, raising £85m
Savills raised over £36m in its 10th auction of the year this week, bringing the total amount raised this month to more than double September 2022’s figure.
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NewsGove rejects GPE plans for pair of Southwark office towers
Housing secretary Michael Gove has rejected Great Portland Estates’ (GPE) plans to redevelop two large London office towers at its giant New City Court scheme in Southwark.
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NewsAssets sell for over double guide prices at £7.6m Strettons’ September auction
A three-storey freehold commercial site in Ilford, east London, went for nearly three times its guide price at Strettons’ September property auction, which saw a total of £7.6m raised.
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NewsOxford’s St Hilda’s College buys £12m city centre property
St Hilda’s College, part of Oxford University, has added to its property portfolio with the acquisition of 14-16 Norham Gardens for £12m, which will be used as student accommodation.
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NewsLast call for North West PROPS Awards entries
The North West PROPS Awards close for entries on 25 September and those who wish to enter must do so before the end of the day on Monday.
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NewsUniversity of Birmingham to build £50m net zero Energy Institute
The University of Birmingham is to build a net zero carbon facility to house its Energy Institute and expand its energy and research function.
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NewsPaul Love joins Savills building and project consultancy team
Savills has added to its building and project consultancy (BPC) team with the appointment of Paul Love, who joins as a director in the firm’s Cardiff office.
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NewsBPF warns over phishing emails after account hack
The British Property Federation has fallen victim to hackers and urged contacts to remain vigilant about emails received from the organisation.
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NewsTherme appoints UK CEO as £250m Manchester development gets approval
Therme Group has appointed Professor David Russell as its first UK chief executive after receiving planning approval for the UK’s first city-based wellbeing resort in Manchester.
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NewsRetail sales volumes rebound in August
Retail sales volumes lifted by 0.4% in August 2023, partially recovering from a fall of 1.1% in July 2023, new research from the Office for National Statistics (ONS) has found.
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NewsPeabody posts improved £257m surplus following Catalyst merger
Housing association Peabody has reported an operating surplus of £257m in its annual report for the year to the end of March, up from £213m the year prior, following a 66% increase in turnover to £1.1bn.
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NewsHome REIT reclaims 146 properties from Redemption Project
Home REIT has reclaimed leases on 146 properties from tenant Redemption Project, removing its exposure to the firm, which entered creditors voluntary liquidation in August.
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OnlineNHS trust offers hospital development opportunity for £35m
West London NHS Trust has hoisted the ‘for-sale’ sign over Old Broadmoor Hospital, which has potential for redevelopment as a ‘working village’ under the area’s local plan.
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NewsCost of housing migrants in hotels reaches £8m a day
The cost of housing asylum seekers in hotels has hit £8m a day, according to the latest Home Office figures, totalling nearly £3bn a year.
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OnlineGreen light for amended first phase of Manchester’s £1.5bn Mayfield development
Planning officers have given the green light to amended plans for a transport hub and 320,000 sq ft of office space in the first phase of Manchester’s £1.5bn Mayfield development.
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OnlineWetherspoons places another round of pubs up for sale
JD Wetherspoon has placed another 11 pubs up for sale, appointing CBRE and Savills as joint agents.
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OnlineIndustry figures welcome BoE interest rate freeze as boon for property
The Bank of England’s (BoE’s) decision today (21 September) to maintain interest rates at 5.25% could boost property development, according to leading sector finance specialists.
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OnlineTfL’s property firm rebrands to Places for London
Transport for London (TfL)-owned TTL Properties has been rebranded Places for London as part of its plans to develop up to 20,000 homes across the capital alongside Network Rail over the next 10 years.
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NewsInvestor Leftfield buys two Bradford warehouses
Specialist investor Leftfield has acquired two speculatively built industrial properties totalling 94,674 sq ft on Thornbury Industrial Park in Bradford from developer Marshall CDP for an undisclosed sum.
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NewsJerome Frost to chair Arup Group
Sustainable development consultancy Arup Group has announced that Jerome Frost OBE will succeed Dr Alan Belfield as chair from 1 April 2024.
