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The Buildings Mission Zero Network launches action report
The Buildings Mission Zero Network yesterday launched the first of two reports supporting the decarbonisation of the built environment and called for a national retrofit strategy.
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John Lewis planning £150m sale and leaseback of Waitrose stores
John Lewis Partnership (JLP) is reportedly planning to sell a dozen of its Waitrose stores in a sale-and-leaseback scheme aiming to raise an estimated £150m.
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Cavalry Barracks developer goes into administration
The development company planning to revitalise one of London’s largest remaining undeveloped brownfield sites, Cavalry Barracks near Heathrow, has gone into administration.
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Housebuilding jumps 75% in one quarter
The number of construction starts for new homes in the UK rose to 67,600 in Q2 2023, up by 75% from the previous quarter, with the Department for Levelling Up, Housing and Communities (DLUHC) attributing the spike to housebuilders avoiding cost of compliance with new green building standards introduced in ...
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BBC considers extending lease at Birmingham’s Mailbox
Mailbox REIT said the BBC is likely to stay for up to another two years at the mixed-use Birmingham scheme when its lease expires in 2026.
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Cardiff film studio secures £39m for expansion
White Point Studios in Wales has secured £39m in funding to support its plans to become one of Europe’s leading TV and film production centres.
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Former soft drinks site in Manchester set to top Savills auction at £6.5m
A former Princes soft drinks site on Manchester’s North Street is set to lead Savill’s upcoming October auction, with a guide price of £6.5m.
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London spy tunnels to be turned into tourist attraction in ambitious £220m plans
A mile-long network of secret tunnels 40m underground is set to become a unique tourist attraction under £220m proposals for an ambitious commercial development underneath London.
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UKPA members approve BPF merger
The UK PropTech Association (UKPA) membership has approved its merger with The British Property Federation (BPF), following consultation with its members and the 75% approval threshold being reached.
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Home REIT sells a further 137 properties
Home REIT has raised £22.85m from the sale of 137 properties at auctions over the past eight days, but at a combined price almost two-thirds less than in paid for the assets.