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Scotland’s new PDRs to boost town centres, says Colliers
Changes to permitted development rights (PDRs) in Scotland coming into effect on Friday could revitalise Scottish town centres, according to Colliers.
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Revised plans for Euston HS2 station have ‘not succeeded’ as cost hits £4.8bn
The price tag for a HS2 station at Euston in London has rocketed to £4.8bn since 2020, with revised plans for a delayed London terminus still failing to deliver a viable solution, according to the public spending watchdog.
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Wates Group reports record forward order book of £8.35bn
Construction and property services company Wates Group has reported a record forward order book of £8.35bn, up 17% from 2021, according to its 2022 financial results.
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Electric car firm Polestar seeking up to 15 UK sites by next year
Electric car maker Polestar plans to open between 12 and 15 UK showrooms by the end of next year.
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Livin Cardiff PBSA asset on the block for £13m
Cardiff Road Estates (CRE) has appointed Knight Frank and Lewis & Partners to market purpose-built student accommodation (PBSA) scheme Livin Cardiff for £13m, which would reflect a net initial yield of 5.98%.
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Property Awards 2023 finalists revealed
Industrial specialists Firethorn Trust and SEGRO have both been shortlisted in four categories at the Property Awards 2023.
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Sci-Tech Daresbury seeks permission for £20m second spec shed phase
Sci-Tech Daresbury has submitted plans for a £20m development featuring two sheds totalling 83,000 sq ft in Daresbury near Warrington
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British Land CEO heralds asset management “engine” driving value through conviction bets on campuses
On the latest episode of PropCast, clustering, co-locations and a laser-like focus on customers are some of the things that British Land’s boss believes will drive value as it broadens its campus strategy to include life sciences, logistics and housing.
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Supermarket Income REIT hits acquisition trail after £430m Sainsbury’s sale
Supermarket Income REIT is targeting up to £250m of acquisitions following the £430.9m sale of its Sainsbury’s portfolio back to the supermarket giant, Property Week can reveal.
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JV funds £302m Moda scheme in ‘largest regional BTR deal’
Harrison Street is funding what it claims is the UK’s largest regional build-to-rent (BTR) scheme, Moda Living’s 722-home Great Charles Street project in Birmingham, which will have a gross development value of £302m.