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All News articles – Page 5
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NewsSavills doubles September’s 2022 auction sales, raising £85m
Savills raised over £36m in its 10th auction of the year this week, bringing the total amount raised this month to more than double September 2022’s figure.
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NewsGove rejects GPE plans for pair of Southwark office towers
Housing secretary Michael Gove has rejected Great Portland Estates’ (GPE) plans to redevelop two large London office towers at its giant New City Court scheme in Southwark.
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NewsAssets sell for over double guide prices at £7.6m Strettons’ September auction
A three-storey freehold commercial site in Ilford, east London, went for nearly three times its guide price at Strettons’ September property auction, which saw a total of £7.6m raised.
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NewsOxford’s St Hilda’s College buys £12m city centre property
St Hilda’s College, part of Oxford University, has added to its property portfolio with the acquisition of 14-16 Norham Gardens for £12m, which will be used as student accommodation.
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NewsLast call for North West PROPS Awards entries
The North West PROPS Awards close for entries on 25 September and those who wish to enter must do so before the end of the day on Monday.
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NewsUniversity of Birmingham to build £50m net zero Energy Institute
The University of Birmingham is to build a net zero carbon facility to house its Energy Institute and expand its energy and research function.
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NewsPaul Love joins Savills building and project consultancy team
Savills has added to its building and project consultancy (BPC) team with the appointment of Paul Love, who joins as a director in the firm’s Cardiff office.
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NewsBPF warns over phishing emails after account hack
The British Property Federation has fallen victim to hackers and urged contacts to remain vigilant about emails received from the organisation.
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NewsTherme appoints UK CEO as £250m Manchester development gets approval
Therme Group has appointed Professor David Russell as its first UK chief executive after receiving planning approval for the UK’s first city-based wellbeing resort in Manchester.
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NewsRetail sales volumes rebound in August
Retail sales volumes lifted by 0.4% in August 2023, partially recovering from a fall of 1.1% in July 2023, new research from the Office for National Statistics (ONS) has found.
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NewsPeabody posts improved £257m surplus following Catalyst merger
Housing association Peabody has reported an operating surplus of £257m in its annual report for the year to the end of March, up from £213m the year prior, following a 66% increase in turnover to £1.1bn.
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NewsHome REIT reclaims 146 properties from Redemption Project
Home REIT has reclaimed leases on 146 properties from tenant Redemption Project, removing its exposure to the firm, which entered creditors voluntary liquidation in August.
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NewsProperty Week Digital Edition – 22 September 2023
A rundown of the key issues facing the sector debated at PW’s two-day RESi360 event, plus we reveal the residential rising stars recognised as Trailblazers - Get Living head Rick de Blaby on the developer’s growth ambitions as its transformation of the 2012 London Olympic Village site nears completion
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NewsCost of housing migrants in hotels reaches £8m a day
The cost of housing asylum seekers in hotels has hit £8m a day, according to the latest Home Office figures, totalling nearly £3bn a year.
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NewsInvestor Leftfield buys two Bradford warehouses
Specialist investor Leftfield has acquired two speculatively built industrial properties totalling 94,674 sq ft on Thornbury Industrial Park in Bradford from developer Marshall CDP for an undisclosed sum.
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NewsJerome Frost to chair Arup Group
Sustainable development consultancy Arup Group has announced that Jerome Frost OBE will succeed Dr Alan Belfield as chair from 1 April 2024.
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News‘Political football’ is helping to push housing up the agenda
Experts acknowledge political point-scoring on both sides but say the focus on housebuilding is positive.
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NewsSunak scraps MEES requirement for residential landlords
Prime minister Rishi Sunak has announced that government has scrapped requirements for residential landlords to meet minimum energy efficiency standards (MEES).
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NewsSt Modwen Logistics acquires 267,000 sq ft Wolverhampton shed
St Modwen Logistics has acquired a 267,000 sq ft logistics centre in Bilston, Wolverhampton, in a deal with an undisclosed price and vendor.
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NewsBirmingham City Council considers asset sell-off
Bankrupt Birmingham City Council could be forced to sell off swathes of its land and property from a £2.4bn portfolio in a bid to pay of its debts.
