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All Online articles – Page 13
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OnlineStaffordshire R&D premises changes hands for £6.5m
Siddall Jones has advised an undisclosed vendor on the £6.5m sale of a warehouse and office premises on Fradley Park in Staffordshire.
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OnlineKnight Frank appoints diversity chief
Knight Frank has appointed Hannah Awonuga as group head of equity, diversity and inclusion (EDI).
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OnlineIPSX to wind down as it fails to find new investment
The International Property Securities Exchange (IPSX) is set to wind down claiming its aim to “revolutionise” property investment has been hit by “a lot of bad luck”.
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OnlineSelect secures finance deal for resi development in Manchester
Select Property has agreed a £128.5m finance deal with Maslow Capital to fund the development of a residential scheme in Manchester’s Northern Quarter.
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OnlinePHP appoints former NewRiver director Davies as CEO
Primary Health Properties (PHP) has appointed NewRiver REIT co-founder Mark Davies as its next chief executive.
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OnlineHousing Growth Partnership invests £18m to fund new Midlands homes
Lloyds-backed equity investor Housing Growth Partnership (HGP) has invested £17.7m of equity across seven housing schemes in the Midlands since the start of 2023.
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OnlineHalf-year profit rises at Belvoir
Estate agency franchise firm Belvoir Group has posted a 3% rise in revenue for the first half of its financial year to the end of June to £15.9m, compared to £15.4m for the same period last year.
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OnlineHouse prices register largest fall in 14 years, Nationwide finds
The average UK house price fell in August at the sharpest annual rate seen in 14 years, according to the Nationwide Building Society.
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OnlineExclusive RESi360 event ticket giveaway
Are you passionate about real estate, technology, and innovation? Here’s your chance to win a FREE ticket to the highly anticipated RESi360 strategic networking event – where groundbreaking ideas and industry leaders converge for a transformative experience!
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OnlineHouse sale completions expected to be lowest since 2021
The number of home sales taking place across the UK this year is on track to be around a fifth lower than in 2022, according to property portal Zoopla.
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OnlineCommercial property investment volumes forecast to plummet by a third in 2023
BNP Paribas Real Estate expects £41bn will be invested in the UK commercial real estate market this year, down by a third on last year and on the long-term average.
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OnlineShaftesbury Capital to sell £100m-plus Fitzrovia portfolio
Shaftesbury Capital has instructed CBRE to sell the group’s Fitzrovia assets in London for in excess of £100m, according to reports.
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OnlineHow has the 2022 BSA reformed the building safety regime?
The Building Safety Act (BSA) 2022 is a fundamental reform of the building safety regime with an emphasis on ‘higher-risk buildings’, which are those that are at least 18m or seven storeys tall and contain at least two residential units.
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OnlineMortgage lending slump continues in second quarter of 2023
Borrowing for house purchases continued to show a sharp fall during the second quarter of the year, according to UK Finance.
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OnlineDalata reports strong revenue growth but profit dips
Dalata Hotels has posted a 3% fall in profit despite a 29% rise in revenue during the first half of the year.
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OnlineAshbyCapital refinances £50m retail park
AshbyCapital has refinanced two of its retail parks with a three-year, £50m loan facility provided by Deutsche Hypo.
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OnlineBromford and LGIM co-create sector-first £50m funding partnership
Legal & General Investment Management (LGIM) has agreed a £50m funding deal with social housing group Bromford.
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OnlineHome REIT moves to take control of leases following approval to ditch homelessness commitment
Social housing provider One CIC has agreed to surrender its leases on 100 properties to Home REIT following this week’s shareholder approval for the group to ditch its commitment to easing homelessness.
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OnlineUK hotels bounce back from Covid with strong revenue growth
Hotels in the UK are experiencing a post-Covid rebound, according to new research from Knight Frank.
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OnlineChase New Homes secures £26m Paragon Bank finance package
Chase New Homes has secured a £26m finance package from Paragon Bank’s development finance division to support its 170-unit housing scheme in Saffron Walden, Essex.
