Property Week News Feed

Property Week News Feed
Updated: 2 hours 10 min ago

Arc & Co lends £12m on Isleworth residential scheme

Mon, 09/13/2021 - 08:15
Arc & Co has completed a £12m development loan with ME Developments and Octopus Real Estate to help fund a housing development in Isleworth, London, Property Week can reveal.
Categories: Property

Patrizia buys infrastructure manager Whitehelm

Mon, 09/13/2021 - 08:04
German property group Patrizia has paid €67m to buy infrastructure manager Whitehelm.
Categories: Property

Moda’s expansion into single-family rental homes is ‘a natural move’

Fri, 09/10/2021 - 16:46
Ares Management is to back build-to-rent (BTR) developer Moda Living’s expansion into single-family rental homes in what a source close to the situation has described as a “natural move for Moda”.
Categories: Property

Eurazeo and Arax snap up 410,000 sq ft of South East industrial space

Fri, 09/10/2021 - 16:39
Eurazeo and Arax have acquired 410,000 sq ft of industrial space in the South East from Orchard Street.
Categories: Property

USS acquires minority stake and makes £75m investment in Pluto

Fri, 09/10/2021 - 16:37
Universities Superannuation Scheme (USS) has acquired a minority stake and invested £75m in SME housebuilder lender Pluto Finance.
Categories: Property

Furniture manufacturer leases Chesterfield warehouse

Fri, 09/10/2021 - 14:24
Gallery Direct Group has leased the OrionOne warehouse at Markham Vale near Chesterfield from Aver Property, a joint venture between Ergo Real Estate and NFU Mutual.
Categories: Property

Miles Payne to join Cushman & Wakefield’s London capital markets team

Fri, 09/10/2021 - 14:17
Miles Payne, a senior director in BNP Paribas Real Estate’ London West End investment team, will join the Cushman & Wakefield London capital markets team as a partner next year.
Categories: Property

Office occupancy reaches highest level since pre-pandemic

Fri, 09/10/2021 - 14:11
Office occupancy has reached its highest level, at 87%, since March 2020, the last month before the pandemic forced people to work from home, according to data from Metrikus.
Categories: Property

Urban Splash’s turnover jumps 22%

Fri, 09/10/2021 - 14:08
Urban Splash Group’s turnover jumped 22% for the financial year ending 30th September 2020.
Categories: Property

London Fire Brigade ‘extremely concerned’ about number of unsafe buildings

Fri, 09/10/2021 - 13:56
The commissioner of the London Fire Brigade (LFB) has called for urgent change in the building industry as the number of blocks of flats in London with fire safety failings passed an “unacceptable milestone” of 1,000.
Categories: Property

Robert Jenrick keynote speech at RESI Convention 2021: full transcript

Fri, 09/10/2021 - 13:19
Secretary of state for housing Robert Jenrick spoke at the 2021 RESI Convention yesterday. As well as discussing the government’s housebuilding target, the minister talked about economic recovery and progress around introducing commonhold to replace leasehold.
Categories: Property

Non-execs dismissed by RICS speak of past troubles and future hopes

Fri, 09/10/2021 - 09:51
Four non-executives dismissed from the Royal Institution of Chartered Surveyors (RICS) have welcomed a report that concluded they were wrongly removed from the body.
Categories: Property

Former Grosvenor director appointed to Merry Hill board

Thu, 09/09/2021 - 17:11
Former Grosvenor director Miles Dunnett has been appointed to the board of directors tasked with overseeing the regeneration of West Midlands shopping centre Merry Hill.
Categories: Property

Shaftesbury opens Whering pop-up in Carnaby

Thu, 09/09/2021 - 17:08
Shaftesbury has opened a pop-up for digital wardrobe app Whering at 5 Upper James Street, Carnaby, in London’s West End.
Categories: Property

Aberdeen city centre retail scheme fully let

Thu, 09/09/2021 - 16:42
Knight Property Group has signed Elvie Framing as the final tenant at its four-unit retail development at 13 Chapel Street, Aberdeen.
Categories: Property

Belfast retail schemes welcomes FitPink

Thu, 09/09/2021 - 16:13
Commerz Real’s real estate fund Hausinvest, has secured a letting to athleisure wear brand FitPink at its Victoria Square scheme in Belfast.
Categories: Property

Knight Frank adds three to its seniors housing team

Thu, 09/09/2021 - 15:07
Knight Frank has significantly bolstered its Seniors Housing offering, adding three new senior surveyors.
Categories: Property

Jenrick says some housing demand measures ‘actively counterproductive’

Thu, 09/09/2021 - 14:40
Housing secretary Robert Jenrick has acknowledged that measures intended to drive up housing demand are sometimes “actively counterproductive”.
Categories: Property

RICS directors wrongfully dismissed, Levitt concludes

Thu, 09/09/2021 - 14:33
An independent review into the Royal Institution of Chartered Surveyors (RICS) has found that four non-executives who raised concerns over an audit were wrongly dismissed.
Categories: Property

Longmartin welcomes Miscusi restaurant to Covent Garden

Thu, 09/09/2021 - 12:45
Longmartin Properties, a joint venture between Shaftesbury and the Mercers’ Company, has leased a 4,190 sq ft unit at The Yards, Covent Garden, to Italian restaurant Miscusi.
Categories: Property