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All News articles – Page 31
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NewsFresh plans to give Oxford Street a ‘much-needed facelift’ revealed
Plans have been unveiled for a major rejuvenation of Oxford Street to give the world-famous London retail destination a “much-needed facelift” .
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NewsPeabody invests £550m into new homes despite focus on existing stock
Housing association Peabody has confirmed it invested up to £550m towards new homes in 2022-23, despite downsizing its pipeline to focus on improving its existing stock.
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NewsTaylor Wimpey chief executive joins Sunak’s Business Council
Jennie Daly, chief executive of residential developer Taylor Wimpey, has joined prime minister Rishi Sunak’s new Business Council.
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NewsSimply UK completes forward-funding deal of two flagship assets for £40m
Simply Care Group UK (Simply UK), a specialist developer and operator of care homes, has completed a forward-funding deal for two flagship assets in Bury St Edmunds and Dublin for a combined sum of £40m (€47m), equating to a net deal yield of 5.2%.
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NewsQ2 property investment drops to levels not seen in over a decade
Property investment activity dropped in Q2 with just £7.5bn of property assets changing hands, representing a 10% decrease on Q1’s already subdued out-turn, according to a report by Lambert Smith Hampton (LSH).
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NewsGalliard leads conversion of Basildon Debenhams to health centre
Developer Galliard Homes is leading a consortium to convert a vacant former Debenhams store in Basildon into a health centre providing both NHS and private services.
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NewsDavid Lee acquisition brings estate agency iad into UK
International estate agency giant iad has launched in the UK following the acquisition of David Lee estate agents and said a move into other “major territories” will be announced soon.
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OnlineValor makes four senior promotions
Last-mile real estate specialist Valor Real Estate Partners has made four promotions as it looks to double its assets under management to €6bn (£5.15bn) over the next three years.
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OnlineLendInvest posts sharp rise in managed funds but profit stalls
Mortgage platform LendInvest has increased its funds under management (FuM) by 23% in the year to the end of March, from £2.9bn to £3.6bn.
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NewsMace’s consultancy business grows 36% with £500m turnover
Construction and consultancy firm Mace has reported a 36% year-on-year rise in turnover to £500m for its consultancy business in its full-year results for 2022.
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OnlineHines set to exceed €1.5bn target for latest fund
Global real estate investment group Hines has raised an additional €305m (£262m) of equity from institutional investors for the Hines European Value Fund 3 (HEVF 3).
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NewsReed launches programme to develop net-zero retrofitting career skills
Recruitment firm Reed in Partnership has set up a new arm to address the UK’s shortage of skills in retrofitting buildings to achieve net zero targets.
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NewsSearchlight Capital acquires Gresham House for £470m
Private equity firm Searchlight Capital Partners has acquired specialist asset management company Gresham House for around £469.8m
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NewsDelin Property signs Lloyd Fraser to occupy its 163,000 sq ft Magna Park warehouse
European logistics warehouse specialist Delin Property has signed a long-term lease for third-party logistics provider Lloyd Fraser to occupy its 163,000 sq ft crossdock warehouse in Magna Park, Lutterworth.
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NewsChancerygate announces five senior promotions
Urban logistics and warehouse developer Chancerygate has announced five senior promotions.
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NewsTAB makes three new hires in senior management team
Real estate finance and investment house TAB, which is set to grow its loan book to £500m in 2024, has bolstered its senior management team with the appointments of Rikesh Saujani, Jon Sturgess and Matthew Hayes.
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NewsLondon residential airspace development opportunity among Strettons July auction lots
An airspace development opportunity in London is set to go under the hammer tomorrow at Strettons’ national property auction.
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NewsAcuitus’s July commercial property auction raises £22.97m
A children’s nursery in Ely was among the investment opportunities sold at Acuitus’s July commercial property auction, which raised £22.97m.
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OnlineStockport development group appoints interim chairman following death of Lord Kerslake
The Stockport Mayoral Development Corporation (MDC) has announced that Greater Manchester Combined Authority’s (GMCA’s) chief executive Eamonn Boylan will take up the role of interim chairman at the organisation following the death of Lord Kerslake earlier this month.
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OnlineTfL appoints Catella APAM as asset management adviser
Catella APAM has been appointed by Transport for London’s (TfL’s) wholly owned commercial property company as its asset management adviser and delivery partner.
