Property Week News Feed

Property Week News Feed
Updated: 2 hours 13 min ago

PLA members support ringfencing of commercial rent arrears

Wed, 06/02/2021 - 14:35
A survey of Property Litigation Association (PLA) members shows the majority believe commercial tenants should be given more time to pay Covid arrears where it is needed.
Categories: Property

Manchester Life Strategic submits planning application for urban mobility hub

Wed, 06/02/2021 - 13:58
Manchester Life Strategic Development Company has submitted a planning application for an urban mobility hub on behalf of Manchester City Council.
Categories: Property

Topland acquires 190,000 sq ft Birmingham warehouse

Wed, 06/02/2021 - 13:53
Topland, through Topland Vintage, has bought a distribution centre in Smethwick, Birmingham, from EY – as administrators of Spicers – for £15m.
Categories: Property

Oxenwood acquires Walkers’ Leicester shed for £12.1m

Wed, 06/02/2021 - 12:05
UK and European real estate investment management firm Oxenwood Real Estate has acquired a distribution warehouse in Leicester occupied by Walkers for £12.1m, reflecting a 5% net initial yield.
Categories: Property

Grosvenor signs 14 new occupiers to Mayfair and Belgravia

Wed, 06/02/2021 - 12:00
Grosvenor Britain & Ireland has signed 14 new lifestyle, health and beauty, interiors and hospitality occupiers to Mayfair and Belgravia.
Categories: Property

Redrow opens ‘southern division’

Wed, 06/02/2021 - 11:19
Housebuilder Redrow is expanding its presence in England with the opening of a southern division.
Categories: Property

Grosvenor takes stake in luxury fashion brand

Wed, 06/02/2021 - 11:09
Grosvenor Britain & Ireland has taken a minority stake in luxury brand Roland Mouret.
Categories: Property

L&G adds two later-living schemes to portfolio

Wed, 06/02/2021 - 11:01
Legal & General has added two later-living schemes to its portfolio as it makes moves to grow its residential pipeline to tens of thousands of homes.
Categories: Property

Orchard Street brings Roxy Ball Room to Nottingham’s The Cornerhouse

Wed, 06/02/2021 - 10:58
Orchard Street Investment Management has signed leisure and entertainment specialist Roxy Ball Room at The Cornerhouse, Nottingham.
Categories: Property

Ingenious loans £52m for Liverpool and London resi schemes

Wed, 06/02/2021 - 10:56
Alternative lender Ingenious Real Estate Finance has completed four loans totalling £52m to fund new residential developments in Liverpool and across Greater London.
Categories: Property

Logicor lets 219,000 sq ft Birmingham shed to DHL

Wed, 06/02/2021 - 09:20
Logicor has let a 219,000 sq ft warehouse in Birmingham to DHL, Property Week can reveal.
Categories: Property

UK Residential seeks £200m Stock Exchange listing

Wed, 06/02/2021 - 09:00
UK Residential REIT (URES) is set to float on the main market of the London Stock Exchange.
Categories: Property

NAV at Schroder REIT dips, but group returns to annual profit

Wed, 06/02/2021 - 08:29
Schroder Real Estate Investment Trust has insisted the outlook for the firm “is positive”, despite posting a dip in net asset value (NAV) and earnings for the year to the end of March.
Categories: Property

Agfa sells 373,000 sq ft Leeds factory to Riva Home

Tue, 06/01/2021 - 18:11
Manufacturer Agfa has sold its 373,000 sq ft former metal plate printing factory in Leeds to Riva Home, Property Week can reveal.
Categories: Property

Agfa sells 373,000 sq ft Leeds factory to Reva Home

Tue, 06/01/2021 - 18:11
Manufacturer Agfa has sold its 373,000 sq ft former metal plate printing factory in Leeds to Reva Home, Property Week can reveal.
Categories: Property

Auriens Chelsea to open doors

Tue, 06/01/2021 - 16:26
Luxury later-living brand Auriens will open its rental scheme in Chelsea this September.
Categories: Property

Savills makes two key appointments

Tue, 06/01/2021 - 16:25
Savills has expanded its industrial and logistic teams by hiring Richard Scott as a director at its Newcastle office and Jack Davies as an associate director in Bristol.
Categories: Property

MiddleCap’s Southworks wins ‘world’s smartest building’ award

Tue, 06/01/2021 - 16:05
MiddleCap’s Southworks office development on Rushworth Street, London SE1 has won the world’s smartest building award in the people’s choice category of the 2021 Future Proof Awards.
Categories: Property

Knight Frank poaches Cushman & Wakefield duo for capital markets team

Tue, 06/01/2021 - 15:54
Knight Frank has hired two former Cushman & Wakefield capital markets partners – Oli Sprackling and Alex Fryer – to join its London capital markets team.
Categories: Property

Big shed take-up on London’s fringe eases

Tue, 06/01/2021 - 15:46
Take-up of warehouse space over 100,000 sq ft in and around Greater London has eased following a record-breaking high for 2020, data from Glenny has revealed.
Categories: Property