All Online articles – Page 31
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Online
‘Rare’ office building in Milton Keynes hits the market
A 30,000 sq ft office building in Milton Keynes has been launched to the market as a major headquarters opportunity for sale or to let.
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Plans submitted for £150m redevelopment of Antrim business park
Errigal Group has submitted a formal planning application for a £150m redevelopment and extension of Enkalon Business Park in Antrim, Northern Ireland.
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Mantle Space signs for new flexible workspace in Cambridge city centre
Mantle Space has signed a six-year lease to operate a new flexible workspace out of 95 Regent Street in Cambridge.
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PRS REIT posts strong rise in rental value
The PRS REIT has posted a 15% rise in rental values across its portfolio, the group told investors in an update for the fourth quarter to the end of June.
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Businesses must predict household vulnerability during cost-of-living crisis
In the latest episode of PropCast, Andrew Teacher sits down with data science firm Outra’s Peter Jackson and the Vulnerability Registration Service’s (VRS) Helen Lord to discuss a new partnership from the two organisations which suggests that nearly 2.5 million British households are at high risk of vulnerability.
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Quadrant appoints new associate partner
UK real estate asset management and development company Quadrant has appointed Alyssa Vogt as associate partner.
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Housebuilders’ share prices unchanged despite Gove’s plans to boost housing
Major housebuilders’ share prices remained largely unchanged following housing secretary Michael Gove’s announcement today (24 July) of plans to relax rules in England to simulate housebuilding.
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Griffen secures major letting at Leicestershire logistics park
Griffen has agreed a 128,048 sq ft letting for a global manufacturer’s parts distribution operation on Unit 1 at its Griffen Park logistics park in Desford, Leicestershire.
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British Land secures planning for London urban logistics scheme
British Land has received resolution to grant planning permission for a 455,000 sq ft multi-level logistics hub at Heritage House in Enfield, north London.
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Oxford Properties and Pioneer Group to develop Bloomsbury life sciences hub
Oxford Properties Group and Pioneer Group have launched plans to convert Victoria House in Bloomsbury Square, London, into a life sciences hub.
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Online
Arjun Infrastructure Partners recruits Garnett
Arjun Infrastructure Partners has appointed Asher Garnett as a managing director in its investor relations team.
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Online
Priory in sale and leaseback deal with US group
Britain’s largest mental healthcare chain The Priory Group has reportedly completed a sale and leaseback of five or its properties to US group Medical Properties Trust for £43.7m.
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Honey hires Vistry exec as it targets seven further development sites
Housebuilder Honey has appointed former Vistry Group head of land Luke Herring as land and planning director as it continues with its site acquisition programme.
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Brookfield pockets £392m payout from Center Parcs as it seeks £4bn sale of upmarket resort
Private equity giant Brookfield has scooped a a £392m dividend following strong performance from its Center Parcs UK holiday village business as the group seeks a £4bn to £5bn sale of the business.
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Inland Homes appoints former Gleeson boss Harrison as CEO and looks north
Inland Homes has appointed former Gleeson boss Jolyon Harrison as chief executive.
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Blackstone breaks through £1trn AUM barrier
Blackstone has become the first alternative fund manager to pass through the $1trn (£772bn) assets under management (AUM) barrier and said it still has “vast opportunity for further expansion”.
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Goldman Sachs reports real estate write-downs
Banking giant Goldman Sachs has reported a $485m (£375m) impairment due to writedowns of its real estate investments, according to the group’s second-quarter earnings.
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Vistry provides mixed trading update
Housebuilding giant Vistry has posted a slight rise in average weekly sales rate to 0.86 during the first half of the year, up from 0.84 during the same period in 2022, and said its partnerships business continued to show resilience in difficult economic conditions.
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NAV rises at AEW UK REIT
AEW UK REIT has posted a rise in net asset value (NAV) to £169.6m during the three months to the end of June, up from £167.1m at the end of March.
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Online
CEO of Oxford University Developments says flexible real estate is key to fostering innovation
In the latest episode of PropCast, Andrew Teacher speaks to Anna Strongman, CEO of Oxford University Development (OUD), a joint venture between Legal & General and Oxford University.