All articles by Riya Makwana – Page 16
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News
Hillview acquires two out-of-town offices for new £300m office fund
Hillview Real Estate has acquired two out-of-town office investments in Watford and Birmingham for £18.25m for Hillview Partners Property Fund III, its £300m value-add regional estate fund.
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Boom in demand expected to drive Manchester office take-up
Hopes are high for Manchester’s office market this year despite the ongoing challenges posed by the Covid pandemic.
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Sheffield tower set to receive green light for extra floors
Hallam Towers in Sheffield is expected to receive planning permission to add an additional two floors to the 15-storey tower.
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London office leasing market plummets by 56% in 2020
Leasing across the Central London office market was down by 56% (6.5m sq ft) in 2020, compared to 2019.
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Study Inn expands portfolio with £25m Exeter development
Student accommodation developer and operator, Study Inn, is set to open a £25m development in Exeter in September 2021.
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C&W expands Leeds office agency team with new hire
Cushman Wakefield has expanded its office agency team with the hire of Sam Jamieson.
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UK residential transactions soar amid stamp duty holiday
The number of UK residential transactions was up 24.1% in January 2021 compared to January 2020, according to new data.
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Alpha Real Capital hires Phil Redding as senior adviser
Alpha Real Capital has hired Phil Redding as a senior adviser.
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Shawbrook Bank provides Ingenious Real Estate Finance credit facility
Ingenious Real Estate Finance has secured a £25m revolving credit facility from Shawbrook Bank to support its development and bridging finance portfolio.
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News
Acuitus sells 96% of February lots after uptick in confidence
A Tesco Express in Aberdeen that was set to be the star lot at Acuitus’s 11 February auction failed to sell due to a high asking price, according to chairman and auctioneer Richard Auterac.
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Investor demand for healthcare property set to grow in 2021
The healthcare real estate market is set to enjoy a flurry of activity this year, according to a major new survey of investors, lenders, operators and developers.
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Manchester City Council and FEC submit plans for Collyhurst regeneration
Manchester City Council and Far East Consortium (FEC) have submitted plans for the first phase of the regeneration of Collyhurst Village, Manchester.
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Online
Coventry Airport put forward as ‘gigafactory’ site
Coventry City Council in a joint venture with The Rigby Group has revealed plans for an electric car battery ‘gigafactory’ at Coventry Airport.
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Aviva Investors acquires £139m Sainsbury’s distribution centre in Birmingham
Aviva Investors has acquired a distribution unit in a West Midlands logistics park for £139m.
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Sirius partners with Miragon Investments to secure £15m Peterborough scheme
Sirius Property Finance has partnered with Miragon Investments and Hilltop Credit Partners to complete on a £15m development facility in Peterborough, Cambridgeshire.
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Industrial rents tipped to rise 2.4% by 2025 as boom continues
The industrial sector is set for further rental growth over the coming years on the back of a boom in ecommerce and last-mile logistics.
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Online
First pre-let signs at SEGRO Park Hayes
SEGRO has signed its first pre-let at its industrial park in Hayes.
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Online
Pathways to Property launches Summer School
The Pathways to Property initiative has launched its Summer School 2021.
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Online
Glenhawk hires director of sales to spearhead UK expansion
Glenhawk has hired Jamie Pritchard as director of sales to oversee the company’s expansion.
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News
West End office take-up plummets despite December deals rush
A flurry of December deals gave a much-needed boost to London’s West End office market, but was not enough to stop overall take-up for the year plummeting 63% on 2019 levels.