Riya was finance and data reporter Property Week.
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There’s always a silver lining
Last year was a record year for property investment, according to the latest data from Gerald Eve. Not that the bigwigs in the industry needed to have their relentless optimism fuelled any further.
UK investment hit £67.1bn in 2021, up 20% on 10-year average
UK property investment volumes hit £67.1bn in 2021, up from £42.7bn in 2020 and up 20% on the 10-year average, according to exclusive data from JLL.
Engineering company takes first floor at Bristol EQ development
Global engineering and consultancy firm Arup has confirmed it will take the second floor at CEG’s EQ development in Bristol.
One quarter of estate agents not registered with HMRC for money laundering supervision
A quarter of UK estate agencies, representing more than 5,000 branches, have failed to register with HMRC for money laundering supervision, according to new analysis from property, legal and fintech firm Thirdfort.
Central London office investment in 2021 25% up on previous year
Investment in central London offices hit £11.8bn last year, a 25% increase on the previous year, and it is expected to soar 53% this year to £18bn, according to Colliers.
Canada Life lends Hargreaves Group £50m to drive growth
South East resi and commercial specialist will use finance to help expand portfolio from £400m to £900m.
Property investment hit six-year high in Q4 2021
Property investment in the UK hit its highest level in more than six years in Q4 2021, Property Week can reveal.
House prices rise 7.6% on last year
The average price of a property coming to the market this month has increased by 0.3% (+£852) to £341,019, according to Rightmove’s House Price Index.
South East experienced strongest recovery in the fourth quarter
The South East led the UK’s strong economic recovery in 2021, but growth across the country is now expected to slow sharply, reveals the UK Powerhouse report by Irwin Mitchell and Centre for Economics and Business Research (Cebr).
Starz funds Dublin office-led deal
Starz Real Estate has provided Mm Capital and RoundShield Partners with a €17m (£14.2m) loan to fund the acquisition of a mixed-use Dublin scheme, Property Week can reveal.
‘Cheap shot to blame us for cladding crisis’
The government has been accused of “cheap shots” and “arse-covering” after asking developers to fork out up to £4bn to help remove unsafe cladding from blocks of flats.
Apache Capital hires former LIV Consult lead as investment director
Apache Capital has hired former LIV Consult BTR director Ashley Perry as investment director.
Commercial property capital values surged in December 2021
UK commercial property capital values increased by 3.7% in December 2021, representing the largest monthly growth on record, according to the latest CBRE Monthly Index.
EcoWorld London gets green light for Woking town centre plans
EcoWorld has received planning permission to regenerate Woking town centre.
Workspace operator Clockwise expands in Southampton
Workspace operator Clockwise is set to open a new hub in Southampton.
Vengrove hires Kara Thompson to spearhead project management consultancy offer
Vengrove has hired Kara Thompson, former head of London project management at Gleeds, to spearhead its project management consultancy offer.
Unite Students hires Shauna Campbell as commercial director
Unite Students has hired Shauna Campbell as a commercial director.
Rula Developments submits J.28 warehouse planning application
Rula Developments has submitted a planning application for the development of a 190,000 sq ft specification warehouse unit at J.28, M1.
Praxis completes £38m double acquisition
Praxis has acquired two office investments in Orpington and Fareham for a total of £38m.
Listed housebuilders’ shares end 2021 up 10% year on year
Sector bounced back in December after falling as a result of rising input costs and base rate concerns.