All News articles – Page 33
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Online
High shed take-up giving way to sector rebalancing, says LSH
UK industrial and logistics take-up of 60.5m sq ft in 2022 fell short of 2021’s figure, but was still the second highest year on record, according to the latest report from Lambert Smith Hampton (LSH).
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Online
DTZ Investors snaps up Croydon retail park for £59m
DTZ Investors has bought Croydon’s Purley Cross Retail Park, where the main tenants are Aldi and M&S supermarkets, for £59m from Oval Real Estate.
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Online
Knight Frank names Harley head of new ESG team
Property consultancy Knight Frank has created an ESG research team and appointed Flora Harley as head of ESG research to lead it.
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Online
Hammerson CEO says group has ‘turned a corner’ as earnings leap 60%
Hammerson chief executive Rita-Rose Gagné has told Property Week the company has “turned a corner” after it posted a 60% rise in underlying earnings for the year to the end of December, which stood at £105m, ahead of guidance of “not less than £100m”.
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Online
Landsec launches £400m green bond
Landsec has launched a £400m green bond via Land Securities Capital Markets, the group’s first such fundraising.
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Online
Century Capital secures £100m funding
Century Capital has secured a £100m funding line from NatWest to increase the group’s lending programme.
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News
Planning experts slam veto for ‘ghetto’ Woking social homes
Council’s view that resi tower would be a ‘ghetto’ cited as typical of attitudes slowing social housing delivery.
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News
CEO and two directors leave as Shaftesbury seals merger
John Nicholls becomes chairman and Ian Hawksworth CEO of Shaftesbury Capital following merger with Capco.
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Government urged to back heritage retrofits
Crown Estate and Grosvenor join calls for help to unlock up to £35bn in investment.
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DLUHC to spend 25% less on levelling up in 2023
The Department for Levelling Up, Housing and Communities (DLUHC) is to spend nearly 25% less on regeneration projects than initially planned for this year.
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News
This week in… 2020
Housing secretary Robert Jenrick called on London mayor Sadiq Khan to make wholesale changes to the London Plan.
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Amazon Fresh store priced at £2.5m leads next Allsop sale
An Amazon Fresh store in Camden, north London, guided at £2.5m will be one of the star lots in Allsop’s next commercial online auction on 23 March.
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News
Moda moves into student housing with plans to provide 10,000 beds
Build-to-rent (BTR) developer and operator Moda Living is branching out into the purpose-built student accommodation (PBSA) market, with plans to develop properties with 10,000 new student beds in the next five years.
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Planning application submitted for £100m MK resi scheme
Build-to-rent (BTR) developer and operator PLATFORM_ has submitted a planning application to Milton Keynes City Council for a residential-led development representing over £100m of investment.
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News
Moda enters PBSA market with 10,000-bed plan
Build-to-rent (BTR) developer and operator Moda Living is branching out into the purpose-built student accommodation (PBSA) market with plans to deliver 10,000 new student beds in five years.
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News
HelloFresh to occupy new distribution centre at SmartParc SEGRO Derby
SEGRO has announced that HelloFresh has signed to occupy a new 434,000 sq ft distribution centre at SmartParc SEGRO Derby, a 1.85m sq ft high-tech food campus, for an undisclosed fee.
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News
Art-Invest appoints development director as new partner
Art-Invest Real Estate UK development director Luka Vukotic has been promoted to partner at the firm.
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Insight
Future of Leicester BTR scheme unclear after Highcross receivership
Plans for a 300-plus home build-to-rent (BTR) scheme in Leicester have been thrown into doubt after Hammerson and Norinchukin’s 1.1m sq ft Highcross shopping centre in Leicester was placed into receivership this week.
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News
Timber Development launches action plan to support decarbonisation
Supply chain body Timber Development UK has launched an action plan designed to equip the industry with the skills necessary to help achieve net-zero carbon emissions.