All News articles – Page 30
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NewsPeel L&P submits plans for university facility at MediaCity
Peel L&P, the regeneration arm of real estate investment firm Peel Group, has submitted plans to transform commercial space in Quay Plaza, part of Quayside MediaCity, Salford, Manchester, into a university facility.
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TikTok takes whole Farringdon office scheme
Tech giant TikTok Information Technologies has pre-let the whole of Topland Group’s Verdant development in Farringdon, London.
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Concerns over zero November growth for construction sector
Market commentators have raised concerns over the latest Office for National Statistics (ONS) figures, which reveal UK construction output stalled in November compared to previous months.
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Capreon pays £38.6m for Edinburgh Quay office buildings
Capreon, the real estate investment and advisory arm of family office Noé Group, has spent £36.8m acquiring three office buildings in Edinburgh from German asset manager DWS.
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Taylor Wimpey to build fewer homes in 2023
Taylor Wimpey became the latest housebuilder to tell investors it would build fewer homes in 2023 on Friday as economic concerns hit demand.
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Four tenants lease 20,000 sq ft at Birmingham Business Park
Deals for over 20,000 sq ft of office space have been agreed at BlackRock-owned Birmingham Business Park, located off Junction 6 of the M42 and Junction 4 of the M6 motorways.
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Cole Waterhouse and Taurus sign JV for 943-home Birmingham site
Developer Cole Waterhouse and US private equity real estate firm Taurus Investment Holdings, through its UK arm Taurus RE Investment (Taurus UK), have agreed a second joint venture partnership to bring forward a 943-home development in Digbeth, Birmingham.
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Travis Perkins and Close Brothers team up to provide SME builder financing
Travis Perkins General Merchant, part of builders merchant Travis Perkins, has launched an escrow agreement with Close Brothers Property Finance to support SME housebuilders.
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Harworth sells first parcel of Ironbridge site to Barratt and David Wilson Homes
Brownfield regeneration specialist Harworth Group has sold a nine-acre plot on the site of the former Ironbridge Power Station to housebuilders Barratt and David Wilson Homes for an undisclosed amount.
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Supply chain disruption drives ‘first mile’ focus, says Knight Frank
Logistics investors are set to focus on ‘first mile’ assets as global supply chain disruption drives a need for firms to improve upstream, business-to-business supply chain logistics, according to Knight Frank.
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Sales at Persimmon ‘fall off a cliff’ as it warns of tough 2023
Persimmon has revealed that forward sales have fallen by more than a third as customers defer major purchase decisions amid the cost-of-living crisis.
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Savills’ full year figures ahead of expectations despite tough market
Savills has revealed that for 2022, it will produce figures “substantially ahead” of pre-Covid 2019 results, despite the economic slowdown.
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Supermarket Income REIT takes additional £196m stake in Sainsbury portfolio
Supermarket Income REIT has paid £196m for British Airways Pension Trustees’ 25.5% stake in the Sainsbury’s Reversion Portfolio (SRP) .
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GPE achieves record annual lettings after just nine months
Great Portland Estates has beat its annual leasing record after just nine months of its financial year.
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Fears reforms could hit housing delivery
Fears are growing that recently announced government planning reforms could hit the number of homes delivered across the UK as they empower campaign groups and councils to resist new developments.
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Hotel deals tipped to bounce back from dip in 2022
Hotel deal activity is predicted to pick up pace in 2023 as the sector continues to recover, according to reports from Savills and Knight Frank.
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Allsop raises £48.5m in final residential auction of 2022
Auction house achieves a 76% success rate from the sale of 135 residential lots at its December sale.
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Acuitus’s December auction sees 96% success rate and £14m total
Acuitus finished 2022 with a success rate of 96% at its auction on 15 December, raising £13.92m.
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Sovereign Centros leases former office building to Bedford College
Sovereign Centros, acting as asset manager for the 738,000 sq ft Corby Town Centre, has leased a 40,000 sq ft former office building to Bedford College.
