All articles by Sebastian McCarthy – Page 20
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Online
Persimmon hires construction veteran to its board
Housebuilding giant Persimmon has drafted in former Costain Group boss Andrew Wyllie to the board as an independent non-executive director with effect from 4 January 2021.
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Online
Revo to scale back operations in wake of revenue slump
Retail property trade body Revo is to scale back its remit dramatically and become an organisation run on a voluntary basis by its members.
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News
UK investment market was down but far from out in 2020
The full scale of the UK property investment market’s downturn has been laid bare in new research that shows a sharp drop in real estate activity since the outbreak of Covid-19.
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Online
Urban Logistics snaps up trio of assets
Urban Logistics, the specialist UK logistics REIT, has acquired three logistics assets for £22.9m in Huntingdon, Northampton and Fareham as part of the deployment of the capital raised from the company’s recent fundraising.
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Online
Travis Perkins to hand back rates relief
Travis Perkins has pledged to hand back its business rates relief, joining a string of companies to do so in recent weeks.
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Online
Richardson Barberry sells off £78m mid-box logistics park
A £78m warehouse and logistics park has been sold by joint venture developer Richardson Barberry in an off-market deal.
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Online
Lease lengths tick up towards pre-Covid levels
Average commercial lease lengths in the UK have seen five months of consecutive growth since June, which recorded an 18-month low, according to CREDIA, the commercial real estate index by Re-Leased.
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News
Q&A: Shadow housing minister on Labour’s housing priorities
Labour MP Mike Amesbury discusses the unsafe cladding scandal, planning reforms and home ownership
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Online
Textile manufacturer takes 75,000 sq ft at Kingsway Business Park
Textile manufacturer Cleland McIver Lifestyle has expanded its footprint at Kingsway Business Park with the acquisition of a 75,131 sq ft industrial unit.
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Online
UK’s largest stove and fireplace manufacturer signs up to Skypark in Exeter
St. Modwen and Devon County Council have secured a 15-year lease with Stovax Heating Group – trading as Stovax Gazco – to occupy a 196,037 sq ft manufacturing unit at the Skypark development near Exeter.
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Online
Shaftesbury selects trio of agencies to advise on retail leasing
Shaftesbury has appointed Hanover Green Retail, Cushman Wakefield and Nash Bond to advise on all aspects of retail leasing across its portfolio.
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Online
FirstPort snaps up resi management arm of Chamonix Estates
Residential property service provider FirstPort has acquired the residential management arm of Chamonix Estates.
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Online
Investment volumes to return to pre-Covid levels by 2022, CBRE predicts
Investment volumes are expected to return to pre-pandemic norms by 2022, according to CBRE.
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Insight
View from the top: Stewart Moore, the CRM Students chief executive
The CRM Students chief executive tells Property Week about the main challenges facing the PBSA sector, the shift in student habits and how well he thinks private operators responded to the pandemic.
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Online
Tesco to hand back £585m in business rates relief
Tesco has pledged to hand back £585m worth of business rates relief that it has received from the government since the outbreak of Covid-19.
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Online
Caffe Nero CVA could face legal challenge, Issa brothers warn
The battle over the future of Caffè Nero has taken a fresh turn, with the billionaire brothers looking to buy the coffee chain reportedly warning that its rescue plan could face a legal challenge.
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News
Green light for urban forest scheme
London’s first office building with an urban forest rooftop has been approved by planners.
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News
Q&A: Grainger’s Helen Gordon on the resilience of the BTR market
The chief executive of Grainger discusses BTR, the effects of Covid-19 on rentals and her proudest moment
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Online
Maidenhead’s Point goes under offer for £40m
A 78,000 sq ft office block in Maidenhead has gone under offer for £40m to Corum.
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Online
Marlet signs €101m financing facility for Dublin development
Marlet has signed a €101m (£90m) financing facility with Activate Capital for the Shipping Office, a commercial development which will feature 177,000 sq ft of office space and 5,700 sq ft of retail space on Sir John Rogerson’s Quay in Dublin.