All News articles – Page 9
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News
Housing associations Network Homes and Sovereign merge to create 82,000 home group
The boards of housing associations Network Homes and Sovereign have agreed to merge and become a new housing association called Sovereign Network by October.
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Avant Homes greenlit for £58m Nottinghamshire resi development
Housebuilder Avant Homes Group has been granted planning permission for a £58m residential development in Awsworth, Nottinghamshire.
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St. Modwen buys 560,000 sq ft of sheds in Burton-on-Trent and Coventry
Developer St. Modwen Logistics, owned by private equity giant Blackstone, has acquired warehouse units in Burton-upon-Trent and Coventry.
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British Land and Australian fund hire Stanton Williams to design Canada Water building
A joint venture between property giant British Land and AustralianSuper, Australia’s largest superannuation fund, has appointed design studio Stanton Williams to design a 300,000 sq ft life sciences building in Canada Water, south London.
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MAPP appoints Bonham as CEO
Real estate consultancy MAPP has appointed Louise Bonham as its chief executive officer, a role she will take up in September.
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JLL promotes Andy Poppink to chief executive
Real estate advisory firm JLL has promoted Andy Poppink to chief executive of its markets advisory division.
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Redevco creates one of Europe’s largest retail park platforms
Redevco has established one of the largest retail warehouse park asset management platforms in Europe with assets under management (AUM) of €4.5bn (£4bn).
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AJC hires Hepple as head of strategic land
Dorset-based affordable housing specialist AJC Group has appointed Harry Hepple as head of strategic land, based at the firm’s Poole headquarters.
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Taylor Wimpey buys Henry Boot Milton Keynes site to build 1,855 homes
Housebuilder Taylor Wimpey has acquired a 342-acre site in Milton Keynes to build 1,885 homes from investor and developer Henry Boot for an undisclosed amount.
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Gerald Eve snapped up as Newmark continues UK expansion
Gerald Eve has become the latest UK consultancy to be snapped up by US-based commercial real estate services business Newmark Group as part of the latter’s move towards increasing revenue generation internationally.
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Realstar makes hires to boost BTR team
Canadian real estate investor Realstar Group has appointed three members to its UK build-to-rent (BTR) team.
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Durkan hires Trenwith as group land director
London and South East-focused housebuilder and construction firm Durkan has appointed Stephen Trenwith as group land director.
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Prologis UK event raises awareness of logistics careers
Logistics real estate owner and developer Prologis UK has welcomed over 100 students to The Hub, a centre for logistics training and education at Daventry International Rail Freight Terminal (DIRFT), in a bid to raise awareness of careers in the sector.
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Silbury Finance lends Kingsbridge £25m for Bracknell scheme
Oaktree Capital Management-backed lender Silbury Finance has provided a £24.7m senior loan to residential developer Kingsbridge Capital for an office-to-residential project in Bracknell, Berkshire.
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Workspace sells Wandsworth residential asset for £54m
Workspace has sold the residential component of the Riverside mixed-use redevelopment in Wandsworth, south London for £53.95m to an undisclosed buyer, in line with its September 2022 valuation.
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BNP forecasts £41bn international investment targeting central London
BNP Paribas Real Estate has estimated £41bn of international investor ’dry powder’ is targeting central London office and retail assets this year, in a ‘triple-tiered’ buyer landscape.
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Cohort Capital funds west London office to resi conversion
Specialist lender Cohort Capital has provided a £22m acquisition loan to an undisclosed US fund for the purchase of an office asset at Brook Green, west London, which the fund intends to convert to residential use.
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RESI Awards 2023 shortlist revealed
The transformation of grade II-listed Battersea Power Station into a mixed-used development is among the schemes shortlisted for Property Week’s 2023 RESI Awards.
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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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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.