All News articles – Page 15
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NewsKennedy Wilson signs lease agreements covering 37,000 sq ft at Manchester logistics park
International real estate investor Kennedy Wilson has secured around 37,000 sq ft of leases with five tenants at Towers Business Park in Manchester.
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Investors favour ESG despite macroeconomic headwinds, survey finds
Some 88% of UK respondents to the latest Investors Intentions Survey by CBRE have affirmed that ESG criteria will continue to be adopted in all investment decisions this year.
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PwC’s audits of Intu Properties under investigation by FRC
The Financial Reporting Council (FRC) has launched an investigation into audits conducted by PwC of collapsed shopping centre owner Intu Properties.
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City of London investment volumes leap 55% after best January in seven years
Commercial property investment in the City of London increased 55% from the final quarter of 2022 to £572.2m in January – the best January turnover since 2016, according to Savills.
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LSL chairman steps down
Bill Shannon is set to step down as non-executive chairman of LSL Property Services at the estate agent group’s next AGM in May.
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CapReg makes non-exec board appointment
Capital & Regional has appointed Panico Theocharides to the group’s board as a non-executive director.
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Plans for £35m resi scheme in Gloucestershire submitted
Premium housebuilder, Hayfield Homes, has submitted plans for a £35m sustainable residential scheme in a Gloucestershire village to Tewkesbury Borough Council (TBC).
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Council calls action on Pinewood Studios' 1.4m sq ft expansion
Pinewood Studios in Buckinghamshire is set to become the biggest studio complex in the world, with a total of 51 purpose-built stages, after gaining planning permission to add 1.4m sq ft of extra space.
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City of London calls for Skyscrapers to dim their lights
Skyscrapers across the Square Mile could be told to dim their lights at night under proposals to cut light pollution and save energy.
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Fine Grain buys 220,000 sq ft site at Dublin’s Citywest campus
Irish real estate investor Fine Grain Property has acquired the 219,281 sq ft Waterside development at Citywest Business Campus outside Dublin from IPUT Real Estate and Davy Waterside Investment Fund ICAV for an undisclosed amount.
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Savills hires JLL directors for industrial & logistics team
Savills has appointed Tom Shaw and Michael Alderton as directors in its industrial and logistics occupier advisory team.
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Purplebricks considers sale after issuing profit warning
Purplebricks is considering selling the beleaguered online estate agent to ‘better realise the potential of the group.’
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ADC Therapeutics doubles space at Imperial College’s I-HUB
Oncology-focused biotech firm ADC Therapeutics has doubled its footprint at Imperial College London’s I-HUB campus in White City to 24,000 sq ft.
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Office leasing up 4% in ‘big six’ regions, says Cushman & Wakefield
Office lettings rose 4% year on year across the ’big six’ regional markets in 2022, according to Cushman & Wakefield, with 1.29m sq ft let across Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester in Q4 - 17% above the 10-year average.
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TfL partners with Helical to deliver new office spaces
Transport for London’s (TfL’s) property company, TTL Properties, has selected Helical as its investment partner for commercial office developments across central London.
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NAV falls at SEGRO
Warehouse and industrial property developer SEGRO has reported an adjusted net asset value (NAV) per share decrease of 15% to 966 pence in its FY22 results.
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Mountpark submits planning application for Ferrybridge site
Mountpark Logistics has submitted a detailed planning application to Wakefield Council to regenerate the former coal yard site at Ferrybridge Power Station into an industrial and logistics scheme.
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Trilogy and Peterson gain approval to redevelop Great Northern site in Manchester
Trilogy Real Estate (Trilogy) and Peterson Group have received approval for the redevelopment of the Great Northern site in Manchester.
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Demand in London letting market remains at record high despite January dip
Letting demand in London dipped by 4% last month in comparison to the same period last year, according to Foxtons Lettings Market Index for January 2023.
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London retailers could be set for £96m business rate boost
Retailers on London’s busiest shopping streets could see a £96m boost due to a significant decrease in their business rates liability, according to new analysis from Knight Frank.
