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All News articles – Page 20
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NewsEmpiric Student Property continues to increase revenue
Empiric Student Property has reported a 16% jump in revenue to £41.3m for the half year to the end of June, compared to £35.6m for the same period in 2022.
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NewsBellway acquires £35m Surrey resi development site
Housebuilder Bellway has acquired a site in Virgina Water, Surrey from developer Danescroft for £13m to carry out a £35m residential development.
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NewsMcDonald steps up to chief executive role at Knight Frank IM
Knight Frank Investment Management (IM) has appointed Matthew McDonald as chief executive, following Kevin Aitchison’s move to Savills IM.
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NewsThe Housing Forum writes to Gove over second staircase concerns
The Housing Forum has written to housing secretary Micheal Gove to express concerns over new rules requiring second staircases in tall buildings.
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NewsIndustrials REIT acquires Rochester Trade Park
Multi-let specialist Industrials REIT has snapped up Rochester Trade Park for an undisclosed price from clients of Swiss Life Asset Managers UK – its first investment since its acquisition by Blackstone in June.
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NewsSt Modwen Park Broomhall set for expansion as two new leases signed
St Modwen Park Broomhall in Worcester is set for expansion after planning permission was secured for an extra 72,000 sq ft of warehouse space and two businesses signed new leases on the industrial park.
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NewsCLAS acquires London and Dublin hotels for £300m to ‘capitalise on travel recovery’
Singaporean real estate investment manager CapitaLand Ascott Trust (CLAS) has acquired The Cavendish London hotel and Temple Bar Hotel in Dublin, and a serviced residence in Jakarta for a combined price of S$530.8m (£306.5m).
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NewsAvant Homes appoints James as land director
Ashley James has joined housebuilder Avant Homes West Midlands’ senior management team as land director.
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NewsInflation fall welcomed but lenders must ‘double down on a proactive approach’
The UK headline inflation rate has dropped to 6.8% in the year to July, according to data from the Office for National Statistics, which should “allow some positivity to permeate back into the property and lending markets” for now.
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NewsGerald Eve announces raft of promotions
Property consultancy Gerald Eve has announced a number of new senior promotions and appointments across the business.
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NewsZorin provides MCR with £48m refinancing deal
Real estate investor developer MCR Property Group has secured a £48m refinancing deal with Zorin Finance.
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NewsHans Zimmer and partners buy iconic BBC Maida Vale studios
The BBC has sold its Maida Vale recording studios to a partnership led by Oscar-winning film score composer and music producer Hans Zimmer.
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NewsStonewater acquires 370 homes in the South East
Social housing provider Stonewater has acquired 370 homes in Oxfordshire and Berkshire from Metropolitan Thames Valley Housing (MTVH) in a stock transfer.
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NewsProfit boost for LGC as specialist property outperforms wider market
Legal & General Capital (LGC), L&G’s alternative asset platform, has posted a 13% rise in profits to £296m for the half year to 30 June.
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NewsRival discount retail giants consider Wilko swoop following administration
Rival discount retail giants are reportedly considering swooping in to acquire Wilko after it collapsed into administration.
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NewsLendlease recladding costs jump to more than £150m
Australia-based property and construction giant Lendlease has increased provision for the cost of recladding legacy buildings to meet the latest fire safety requirements in the UK by almost 50% to around £150m.
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NewsPanattoni gets green light for 200,000 sq ft speculative logistics scheme in Crawley
European logistics giant Panattoni has secured planning consent for a 200,000 sq ft speculative logistics development in Crawley.
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NewsPicture Living gets £23m for two single-family rental schemes in Essex
Fund management business PfP Capital is to invest £23m on behalf of Picture Living to forward-fund two single-family rental residential schemes in Essex.
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NewsValor agrees to pay £146m for Lothbury's west London industrial estate
Valor Real Estate Partners has agreed terms to buy the Tera 40 industrial estate in Greenford, west London from Lothbury Investment Management for around £146m.
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NewsCBRE appointed to sell UK cinema portfolio
CBRE has been appointed to sell a portfolio of eight cinemas comprising two luxury boutique Tivoli cinemas, five multiplex cinemas and one standalone cinema.
