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Brightbay sells portfolio of 25 Kwik Fit properties for £21m
Brightbay Real Estate Partners is selling a 25-property portfolio used by car maintenance company Kwik Fit across the UK for £21m.
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Caddick greenlit for final 650-unit phase of Leeds PBSA scheme
Developer Caddick Group has secured planning permission to deliver the 651-unit final phase of its purpose-built student accommodation (PBSA) scheme in Leeds.
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Allied Irish Bank to move offices to St Mary Axe
Allied Irish Bank (AIB) is to move to enlarged head office premises at 70 St Mary Axe in the City of London, also known as the ‘Can of Ham’, from its current site on Undershaft, as it seeks to support sustainability aims.
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London Square buys £50m Kingston resi development site from NHS Property Services
Developer London Square has bought a residential development opportunity with a GDV of £50m in Kingston Upon Thames, south-west London from NHS Property Services (NHSPS).
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HBD and Barnfield get greenlight for 800,000 sq ft Lancashire industrial scheme
Developers HBD and Barnfield Group have secured planning permission for an 800,000 sq ft logistics scheme in Preston, Lancashire.
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Former Selfridges owner Signa Holdings files for insolvency
Signa Holdings, which recently sold its 50% stake in Selfridges, has filed for insolvency citing massive liquidity problems and higher interest expenses.
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Ravelin Housing appoints Chinneck Shaw to manage its first BTR scheme in Portsmouth
Portsmouth City Council’s development company Ravelin Housing has appointed lettings and property management agency Chinneck Shaw to manage its first build-to-rent (BTR) scheme, Brewery House in Portsmouth.
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Adderstone Living’s North East housing scheme first to secure nutrient neutrality credits
Developer Adderstone Living has secured planning permission for an affordable housing scheme in County Durham, in what it claimed will be the first such development using Natural England’s nutrient neutrality credit system.
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Property Week Digital Edition – 1 December 2023
Why Barratt is betting on use of timber to accelerate its MMC housebuilding operations and net zero strategy - Tide Construction chair John Fleming on its future plans after completing Europe’s largest modular resi tower - Industry fears govt reforms intended to speed up planning will instead create two-tier system ...
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CEG gets green light for £780m mixed-use Essex garden village
Brentwood Borough Council has resolved to grant planning permission for Commercial Estate Management’s (CEG’s) £780m Dunton Hills Garden Village in Essex.
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Pair of island forts up for grabs in Allsop’s largest December auction
Two vacant Victorian island fortresses with potential for conversion into casinos are among 390 properties listed for sale for Allsop’s largest ever December residential auction, taking place online on 14 and 19 December.
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London pub and supermarket lead latest Acuitus auction
A supermarket in Fulham, south-west London and a well-known pub in South Woodford, in the east of the capital, both guided at £1.4m, are among the 35 lots lined up for Acuitus’s commercial property auction on 13 December.
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Blaze pauses work on Lincoln and MGT’s Reading Station Hill tower
Work has remained paused on the One Station Hill office development in Reading, Berkshire, after a fire damaged the scheme last week.
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Savills to auction Mary Shelley’s former home in December sale
Savills’ December auction includes a property in Marlow, Buckinghamshire, which was the home of literary giants Mary Shelley, author of Frankenstein, and poet Percy Shelley, with a guide price of £565,000.
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Leaders Romans Group introduces fertility benefit
Leaders Romans Group (LRG) has developed a benefit policy to help employees undergoing fertility treatment.
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Michael Gove intervenes on Sadiq Khan’s rejection of the MSG Sphere in Stratford
Housing secretary Michael Gove has ordered a six week pause to determine whether he should have the final say on proposals for the MSG Sphere in Stratford, east London, after mayor of London Sadiq Khan rejected controversial plans for the Las Vegas-style entertainment venue.
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Life and death with modern methods
The case for modern methods of construction (MMC) has long been described in the most polarised terms.
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Milton’s administrators to put 25 North East and Yorkshire pubs up for sale
Administrators to property firm Milton Portfolio Op Co 3 plan to put a portfolio of 25 pubs across North East and Yorkshire up for sale early next year.
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Has the promise of planning reform failed to materialise?
The UK’s planning crisis addressed in last week’s Autumn Statement has been criticised as ‘headline-grabbing’.
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TT Group submits plans for 140-home west London hospital redevelopment
Property investor and developer TT Group has submitted plans to redevelop the vacant Ravenscourt Park Hospital in Hammersmith, west London into a mixed-use scheme with 140 homes.