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OnlineBoris has reached the end of the road, Steven Norris tells PropCast
In an explosive episode of PropCast, former Conservative cabinet minister Steven Norris slams Boris Johnson’s leadership, praises Michael Gove’s handling of the cladding crisis and calls for overhaul of how the West End is governed.
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Online
Kingsbridge Estates completes £23.4m sale of Concorde Park I&L scheme
Kingsbridge Estates has completed the £23.4m sale of Concorde Park, its industrial and logistics scheme at Segensworth, near Southampton, at a net initial yield of 3.79%.
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Online
Mental health services are a ‘differentiator’ for PBSA, says Nido COO
On the latest episode of PropCast, Darren Gardner and Dr Tara Quinn-Cirillo explained how Nido Student is helping to support its residents and solve some of the problems they are facing through its mental health program.
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Online
Greggs opens first drive-thru in Wales
Greggs’ first drive-thru site in Wales has opened in Maesglas, Newport.
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Vistry hails “excellent performance” in 2021
Housebuilder Vistry Group has told investors it had an “excellent performance” in 2021 and expects profit to more than double that of the previous year.
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Savills enjoys end of year boost
Savills has told investors it had an “extraordinarily strong final trading period” in the final quarter of 2021, and that it expects profit to be ahead of expectations.
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Abrdn seeks to raise cash for acquisitions
Investment group abrdn European Logistics Income is launching another fund raising to help fund its acquisition pipeline.
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Helical to convert to REIT
Helical is set to convert to a REIT in order to avoid the April 2023 corporation tax rise from 19% to 25%.
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Online
Property podcast: Alecta says housing supply is crucial to retaining talent in cities
In the latest episode of BossCast, Blackstock Consulting’s Andrew Teacher sat down with Alecta’s Frans Heijbel to discuss the Swedish pension fund’s strategy in real estate.
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Online
Owen heads up new pan-European investment firm
Belgium’s largest developer Immobel Group has appointed former Schroders Real Estate boss Duncan Owen to lead the launch of Immobel Capital Partners, a new co-investing active manager across the UK and continental Europe.
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Landsec appoints new capital markets director
Landsec has appointed Remco Simon to its executive leadership team in the newly created role of managing director of strategy and capital markets.
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Online
Unite student lettings ahead of last year
Student accommodation giant Unite has let 60% of its digs nine months ahead of the next academic year.
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LondonMetric buys Huntingdon warehouse
LondonMetric has paid £53.4m for a long let cold storage and logistics warehouse in Cambridgeshire.
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BentallGreenOak buys Chesterfield industrial scheme for £39.9m
Bolsover Land has sold around 80 acres at its 1.4m sq ft Chesterfield warehouse and logistics development to BentallGreenOak (BGO) and Equation for £39.9m.
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Online
Callaghan joins Navana as CFO
Navana Property Group has appointed Edward Callaghan as chief financial officer (CFO) as it expands across the residential and mixed-use sectors.
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Ashfield Land appoints Holmes as director
Ben Holmes has joined Ashfield Land as a director and head of the firm’s London office.
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Savills opens in Pakistan
Savills is to expand its Middle East office network by opening in three locations in Pakistan this month.
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Online
€2bn invested in Irish market in final quarter of 2021
The Irish property market secured more than €2bn (£1.67bn) of investment in the last quarter of 2021, bringing full-year activity to €5.5bn.
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Online
Grosvenor acquires second Manchester asset
Grosvenor has completed the freehold acquisition of Canada House in the centre of Manchester.
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Orchard Street completes £30m acquisition of Bristol industrial estate
Orchard Street Investment Management has completed the acquisition of City Business Park, a prime multi-let industrial estate in central Bristol, for £30m.
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