All News articles – Page 4
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NewsTopHat and Man GPM sign £50m deal for East Sussex modular resi scheme
Modular housebuilder TopHat has agreed a £50m development deal with Man GPM, the private markets business group of Man Group, to develop 226 zero-carbon homes in Lewes, East Sussex.
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Real estate set to churn but ‘remain net stable’ for 2023
Real estate is set to see some slowdown this year but will remain net stable with no change, according to real estate financial services firm Crestbridge.
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Aprirose spends £10.6m on Whetstone Travelodge and Halfords site
Real estate investor Aprirose has acquired for £10.63m the freehold of an asset in Whetstone, north London, let to Travelodge with 18 years remaining on the lease, from Aviva Investors.
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Bruce joins MJ Gleeson board
Nicola Bruce has joined MJ Gleeson’s board as a non-executive director and will become the chair of the remuneration committee, as Elaine Bailey steps down as interim chair.
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The future’s bright (honest)
Maybe it was the weather. Warm sunshine bathed Mipim last week, sweeping away the industry’s gloom. The chatter in all my meetings was arrestingly upbeat – albeit with shades of that Monty Python song about the bright side of life.
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Property Week Digital Edition - 24 March 2023
Experts say £1m planning funding for councils is not enough; Overseas investors are poised to buy repriced assets in London as market shows signs of levelling off; Sue Young, The Wildlife Trusts’ head of land use planning, on how developers that respect nature can avoid project delays and boost the ...
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Guide to Auctions supplement - March 2023
Auction houses are upbeat about the prospects for 2023 as the market remains resilient; a Q&A with Allsop’s commercial and residential directors on the firm’s return to the ballroom, how ‘Trussonomics’ affected the market and the future outlook.
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TEL hires Orega to create Holborn flex space
Thames Estates Limited (TEL) has hired flexible workspace specialist Orega to create flex space in 33,500 sq ft across two floors of a building in Holborn, central London.
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Sovereign Centros bags Next for Glasgow shopping centre
Fashion and home retailer Next has agreed a 10-year lease with Sovereign Centros, asset manager of St Enoch shopping centre in Glasgow, for a new 28,000 sq ft store in the former Topshop unit at the shopping centre.
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Stanhope gains B Corp status
Developer Stanhope has been granted a B Corporation (B Corp) certification, joining only a small number of other developers and asset managers who meet the rigorous requirements.
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Bristol office rents growing at fastest rate of any UK regional city
Bristol’s office market has recorded the strongest growth in rents in any UK city outside London over 2022, at 12%, according to Knight Frank’s 2023 UK Cities report.
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Crest Nicholson snaps up university campus for 500-home development
Crest Nicholson has acquired Wheatley Campus, a 53-acre site set to be converted into a 500-home residential development, from Oxford Brookes University.
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QIP and Soilbuild JV launches £200m UK PBSA business
Singaporean private equity real estate firm Q Investment Partners (QIP) and developer Soilbuild have launched a £200m joint venture to create a UK purpose-built student accommodation (PBSA) business.
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Oxygen buys Jump Evolution as it seeks more indoor activity sites
Indoor activity centre owner Oxygen has acquired trampoline park operator Jump Evolution’s 27,500 sq ft Romford site for an undisclosed amount, bringing its number of leisure sites to 10.
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LCR names Dunn as interim chair
Government regeneration corporation LCR Property has appointed Michael Dunn as interim chair, following previous chair Nick Markham’s appoinmment in September to a ministerial role in the Department of Health and Social Care.
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Bank of England raises rate to 4.25% amid ‘large and volatile’ market moves
The Bank of England has raised interest rates by 0.25 percentage points to 4.25% as it warned of “large and volatile moves in global financial markets” since the failure of Silicon Valley Bank and UBS’s purchase of Credit Suisse.
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More developers sign fire safety contract amid Gove threat
Seven developers have yet to sign the government’s remediation contract committing to pay to fix fire safety defects ,after Lendlease became the latest to sign up to housing secretary Michael Gove’s pledge.
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Coalition calls on Gove to reduce threshold for second staircase in new resi buildings
The Royal Institute of British Architects (RIBA) and seven built environment bodies, fire safety organisations and disability rights groups have signed a letter to housing secretary Michael Gove, urging him to reduce the 10-storey threshold for additional staircases in new residential buildings.
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Modular construction uptake hindered by planning system
Experts say planning reform, educational open days and investment are key to wider adoption of modular
