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All News articles – Page 17
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NewsKhan says Sunak’s private sector plans for HS2 Euston ‘verging on fantasy’
London mayor Sadiq Khan has said Rishi Sunak’s plan to get private developers to pay for the final leg of HS2 from west London to the Euston terminus is “verging on fantasy”.
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OnlineWest End prime office rents could hit £300/sq ft by December 2024, claims BNP
BNP Paribas Real Estate has predicted that super prime office rents in London’s West End could hit £300/sq ft by December 2024, as demand continues to outstrip constrained supply.
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OnlineCBRE expands investment banking team with Sera tie-up
CBRE has joined forces with global investment real assets adviser Sera Global to bolster its investment banking team.
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NewsLok’nStore says future ‘looks rosy’ as revenue rises 12%
Lok’nStore’s self-storage revenue rose 12.1% to £25.3m in the year to the end of July, as demand in the sector remains strong, according to its latest results.
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NewsHousing minister pledges to abolish leaseholds and ‘restore true home ownership’
Housing minister Rachel Maclean yesterday confirmed the government will bring forward a bill to abolish leaseholds and to “restore true home ownership”.
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OnlineCBRE’s Trammell Crow enters European office market with Candour buy
CBRE has expanded its Trammell Crow Company (TCC) real estate development business in the UK with the purchase of office developer Candour.
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NewsWimbledon tennis expansion plans agreed in face of opposition
Merton Council has approved controversial plans to expand the Wimbledon tennis championship site in south west London despite local opposition branding it an “aggressive, inappropriate commercial development”.
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NewsWilko to return to high street as new owner plans concept stores and national rollout
CDS Superstores revealed on Friday (27 October) that it is to bring the Wilko brand back to the high street before Christmas and roll out stores across the UK.
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NewsAvanton and Canada Israel get green light for £300m north London resi scheme
Investor and developer Avanton has secured planning permission for a £300m residential development at Stonebridge Park in Brent, north-west London, acting on behalf of real estate investor Canada Israel.
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OnlinePizza Express considers bid to gatecrash £506m TRG deal with Apollo
Pizza Express is considering a bid for The Restaurant Group (TRG), the listed company that owns Wagamama, Sky News has reported.
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NewsJapanese housebuilder Daiwa enters UK market with Elephant Park JV
Japanese housebuilder and developer Daiwa House plans to enter the UK market by developing 259 central London apartments in partnership with Australian developer Lendlease.
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NewsTAB makes two appointments as it expands North of England presence
Real estate finance and investment house TAB has appointed Martyn Evans and Paul Holmes to expand the company’s capacity beyond London and the M25.
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NewsLevelling Up and Regeneration Bill rubber-stamped in late move
The long-awaited Levelling Up and Regeneration Bill (LURB) received Royal Assent yesterday (26 October), passing into law just before the proroguing of parliament ahead of the King’s Speech.
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NewsQ3 commercial investment falls 57% but UK industrial sector shows ‘glimmers of light’
European commercial real estate registered the seventh consecutive quarterly fall in investment in Q3, but the UK industrial sector provided a small bright spot, according to the latest research from MSCI Real Assets.
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OnlineM7 Regional E-Warehouse REIT plans restructure and pauses dividends after NAV fall
M7 Regional E-Warehouse REIT revealed that it is planning to restructure after pausing dividend payments, following a 13% hit to net asset value (NAV) and its announcement that it is exiting the International Property Securities Exchange (IPSX).
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NewsTfL’s property arm secures permission for Kilburn Arches improvements
Places for London, Transport for London’s (TfL) property company, has secured planning permission to improve 11 arches along Kilburn Mews to transform the commercial units and open them up to Kilburn High Road and the local community.
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NewsTotal value of UK BTR sector to jump by £55bn in five years, says Knight Frank
The UK’s build-to-rent (BTR) sector has been forecast to almost double in total value over the next five years by an additional £55bn, according to Knight Frank.
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NewsHqO partners with ARC on new campus experience app
Real estate experience platform provider HqO has been appointed to power Advanced Research Cluster’s (ARC’s) new ‘Member of the Future’ campus experience app.
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NewsKrispy Kreme signs for £500,000-a-year Oxford Street flagship
Krispy Kreme has signed a 10-year lease at over £500,000 a year for a 2,783 sq ft flagship store on London’s Oxford Street, due to open next year.
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NewsPPHE Hotel Group close to completing £300m pipeline
PPHE Hotel Group, which develops, owns and operates hotels and resorts, is nearing completion of its £300m pipeline, according to its Q3 update.
