All News articles – Page 3
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Prime Box and Cedar Invest buy Hampshire warehouse for refurb scheme
The site will be redeveloped to provide 80,000 sq ft of refurbished and modernised logistics warehouse space.
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Gove slams Peabody after four severe maladministration findings
In third letter this year to Peabody, housing secretary says its complaint handling “fell significantly below the standard residents should expect”.
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Home REIT continues sell-off as if faces FCA investigation
Trading in shares of the REIT has been suspended since January 2023 after a damning short-seller report from Viceroy Research.
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IWG confident of hitting full-year profit forecast
The trading update follows rumours that the London-listed firm has been weighing up a move to the US.
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House prices expected to ‘rise modestly’ over 2024, Halifax reports
Property values were up 1.1% year-on-year in April, with the average UK house price standing at £288,949.
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Southern Grove to keep PBSA portfolio and launch own hotel brand
The developer seeks to retain and grow Future Generation and to enter a new sector.
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Labour gains metro mayors but Houchen wins Tees Valley
The Conservatives have loast almost 500 council seats, with Labour winning several new metro mayors.
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England set to lose over 385,000 social homes by 2040
England will need 5.4 million new homes as the population aged 16-plus grows to a predicted 50 million.
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CBRE appoints new head of UK public sector
Louise Wyman previously served as strategic director of growth and development at Manchester City Council.
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Industry heavyweights Hyman and Hopkins target £500m listing for new investment group
Industry veterans including Primary Health Properties founder Harry Hyman and former Workspace head Jamie Hopkins launch venture.
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Boundary acquires 440-acre Thruxton Motor Racing Circuit
The Hampshire circuit has been the home of the British Amateur Racing Club for over 50 years.
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Blackstone buys former Britishvolt site for mega data centre scheme
The Cambois site in Northumberland had originally been designated for Britishvolt to build a giant £3.8bn battery factory.
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Roadside Real Estate to undertake £100m acquisition spree this year
The group intends to deploy the funds before the end of the year and has expanded its medium-term target pipeline to £250m.
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PBSA investment surges to £750m in first quarter of year
Knight Frank reports strong performance for the sector despite volumes being down compared with recent years’ peaks.
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Suit Direct signs at Westfield Stratford to kickstart expansion plans
The company, which operates 31 stores, aims to roll out up to 10 stores this year.
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Housebuilders see recovery in buyer interest in Q1, says Knight Frank
Around 50 volume and SME housebuilders are responsible for delivering 70,000 homes a year.
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RESI Awards raises £34,500 for Parkinson’s UK
Attendees and auction bidders dug deep at the event to support the partner charity.
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The Crown Estate secures Sael and Claro West End restaurant deals
Sael will open at 1 Carlton Street while Claro will take 12 Waterloo Place.
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Association for Rental Living appoints chair of Scotland Hub
Iain Murray will take over the role on 10 May from Gillian McLees, who spent two years in the role.
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Tritax Big Box REIT and UKCM merger wins shareholder approval
Around 95% of UKCM shareholders backed the merger deal with Tritax Big Box REIT.