All News articles – Page 11
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NewsCMA approves £3.3bn Student Roost acquisition after offer to sell assets
The Competition and Markets Authority (CMA) has approved GIC and Greystar’s £3.3bn takeover of Student Roost after the pair agreed to sell two of its Birmingham sites.
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Green light for General Projects’ office refurb in west London
Hammersmith and Fulham Council has approved proposals from General Projects to convert an empty 1930s building in west London into a 120,000 sq ft office hub.
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Retail consultancy Harper Dennis Hobbs rebrands as Newmark
London-based retail property consultancy Harper Dennis Hobbs has rebranded as Newmark.
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GWM’s Credo Fund provides €58.4m refinancing for Dublin’s Hampton by Hilton hotel
London-based asset manager GWM Group has provided a €58.4m senior loan and refinanced a construction loan on a newly built Dublin hotel.
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Warehousing and livestock land are investment opportunities, says Savills
Next year could offer an investment “opportunity of a generation”, but only in selected property sectors as the long post-global financial crash cycle has come to an end, according to Savills.
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Taylor Wimpey names ex-Landsec CEO Robert Noel as next chair
Major UK housebuilder Taylor Wimpey has appointed former Landsec chief executive and Hammerson chair Rob Noel as its next chair, replacing Irene Dorner.
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London Mayor appoints new OPDC board and planning committee members
Mayor of London Sadiq Khan has appointed one new board member and two new planning committee members to the Old Oak and Park Royal Development Corporation (OPDC).
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Developers celebrate greenlight for consultation on brownfield sites
Developers are claiming success in a campaign to build at least 110,000 new homes on small brownfield sites in England’s cities after the government agreed to consult on the issue.
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Poll shows limited company investing becoming increasingly attractive to landlords
Three quarters (75%) of the UK landlords that responded to GetGround’s final snap poll of 2022 said they had used a limited company to invest in at least one of their investment properties.
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Clive Emson raises £160m in 2022 auctions
Auctioneers Clive Emson raised £160m across its auctions in 2022, with its final auction of the year on 14 December.
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Property Week Digital Edition – 16 December 2022
NHF to develop action plan to improve social housing; Find out who won the coveted prizes as Property Week celebrated the cream of the student property sector at last week’s annual Student Accommodation Awards ceremony; ESG, planning, building safety and the future of the office are key themes in our ...
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Islington 72-home net-zero project gets greenlight
Architect Levitt Bernstein has secured planning permission on behalf of Islington Council to build 72 homes in a net zero carbon scheme in the north London borough.
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Real estate to remain high on investors’ wish lists despite interest rate hike
Real estate will remain an attractive investment in 2023 despite The Bank of England’s base rate increase by 0.5 percentage points to 3.5%, property experts predict.
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Bank of England accused of going “too hard and too fast” as it raises interest rate to 3.5%
The Bank of England has increased its base rate by 0.5 percentage points to 3.5% - the highest increase in 14 years.
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Cadillac Fairview takes 25% stake in Stanhope
Canadian investor Cadillac Fairview, the real estate arm of Ontario Teachers’ Pension Plan, has acquired a 25% stake in UK developer and asset manager Stanhope.
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Prologis UK takes 5,000 sq ft Soho office as new London headquarters
Logistics property owner and developer Prologis UK has leased a 5,000 sq ft office in central London’s Soho district.
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Estama UK hires Jackson Molyneaux as leasing administrator
Commercial asset and property manager Estama UK has appointed Jackson Molyneaux as its leasing administrator.
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Moorfield Group buys 57,000 sq ft of Birmingham sheds
Real estate fund manager Moorfield Group has acquired two Birmingham warehouses totalling 56,746 sq ft for £5.3m from an unnamed UK institutional investor.
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Government scolded for ‘alarming’ scorecard report on progress to net zero
The UK Green Building Council (UKGBC) has criticised the government for an alarming lack of progress in decarbonising the built environment in the past year after a damning scorecard assessment of its new policies.
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Colliers predicts UK commercial property investment will hit £60bn in 2023
Colliers has predicted that UK commercial property investment will total £60bn in 2023, compared with £65bn in 2022, as the market stabilises in the secoond half of the year following a short, sharp pricing correction.
