All News articles – Page 8
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Property Week Digital Edition – 17 November 2023
John D Wood & Co MD Polly Ogden Duffy explains why the upmarket resi estate agency is in expansion mode - New UKGBC chief executive Smith Mordak on the challenge of building a consensus on how the property industry can combat climate change - Tottenham Hotspur’s failed High Court challenge
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RICS launches key practice guidance for discounted cash flow valuations
The Royal Institution of Chartered Surveyors (RICS) has released new practice information for using the discounted cash flow (DCF) method as part of reform of the UK valuations system.
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WPA launches three-year partnership to bring diverse backgrounds into property
The Westminster Property Association (WPA) has announced a partnership with the Young Westminster Foundation to support hundreds of local young people from diverse backgrounds to enter the sector.
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JLL reports 3.4m sq ft of central London space under negotiation
The latest JLL research shows occupiers continue to commit to new offices in the capital and the firm estimates that around 3.4m sq ft of space is subject to negotiation across the market for Q4, up 13% on the corresponding quarter of 2022 and 24% on the 10-year average.
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Crest Nicholson lowers profit forecast as costs overrun at Farnham scheme
Crest Nicholson has lowered its profit forecast to between £45m and £50m after its Brightwells Yard scheme in Farnham, Surrey incurred extra building costs of £11m, according to the housebuilder’s annual trading update.
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UKGBC launches guide to improve embodied carbon reporting
The UK Green Building Council (UKGBC) has launched guidance to help the construction industry better address the environmental impact of projects, with the aim of improving consistency and transparency of embodied carbon modelling.
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Burgin steps up to head Savills’ Birmingham office
Savills has promoted director Victoria Burgin to head of its Birmingham office.
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Barking & Dagenham Council calls for urgent action from Bouygues following balcony collapse
Barking and Dagenham Council has called on French developer Bouygues for urgent action after part of a balcony collapsed at one of its developments in London.
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Rise of DC pension funds poses property an investment problem
Pension industry urges chancellor to change rules curbing DC funds’ investment in illiquid assets like property.
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Croydon could be set to get the facelift it so desperately needs
The mayor of the largest London borough says it has ‘massive potential to become a world-class destination’.
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Meta surrender epilogue: British Land outlines Regent's Place plan
In September, I used this space to ponder the circumstances around Meta’s surrender of the lease it had taken out on 1 Triton Square, a redeveloped office building in British Land’s Regent’s Place scheme.
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DLUHC proposes Decent Homes Standard for private rented sector in latest RRB amendment
The Department for Levelling Up, Housing and Communities (DLUHC) has proposed changes to the Renters Reform Bill (RRB) to introduce a Decent Homes Standard (DHS) for the sector and ban landlords from discriminating against renters.
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Middlesbrough and Nottingham City latest councils set to sell stock to avoid bankruptcy
Middlesbrough and Nottingham City have become the latest councils planning to sell off properties in a bid to avoid effective bankruptcy.
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Real Estate Balance launches NextGen 2023 survey
Real Estate Balance has opened its NextGen survey for 2023 in a bid to further understand the views of younger people on a range of equality, diversity and inclusion (EDI) issues.
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Oryx acquires £25m Milton Keynes logistics site
Investment and asset manager Oryx Investment Partners has bought a five-acre logistics site in Milton Keynes with an estimated development value of £25m to £30m.
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Illicit drug profits ‘flowing’ through City of London into UK property, senior MPs warn
A group of senior MPs have warned that illicit drug profits from Asia are flowing into UK property through the City of London.
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CBRE appoints Savill’s Proudley as head of northern retail
CBRE has appointed Savills retail team director Stephen Proudley as an executive director and head of northern retail as it seeks to grow is presence in the region.
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Trustek launches free-to-use proptech matching service
Proptech consultancy Trustek Group is to launch a free-to-use directory designed to help real estate firms find pre-approved technology products at next week’s UK Prop Tech Association awards event.
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BrewDog boss slams council and developer over ‘delayed’ Durham bar opening
The boss of brewery and pub chain BrewDog has taken aim at Durham County Council and joint venture developer The Arlington Real Estate and Richardson over delays in opening a bar, which he claims have now stretched beyond 12 months.
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Inflation ease allows for ‘guarded optimism’ in property sector
UK inflation slowed to 4.6% in the 12 months to October 2023, down from 6.7% in September, according to the latest figures from the Office for National Statistics (ONS).