Property Week News Feed

Property Week News Feed
https://www.propertyweek.com
Updated: 2 hours 26 min ago

First half earnings dip year on year at Capital & Regional

Thu, 09/09/2021 - 12:23
Capital & Regional posted earnings for the first half of 2021 of £2.3m, down from £4.6m in the first half of 2020.
Categories: Property

BMO Commercial sells London office building for £145.5m

Thu, 09/09/2021 - 11:25
BMO Commercial Property Trust has sold office building Cassini House at 57-59 St James’s Street in London for £145.5m.
Categories: Property

Jenrick rules out scrapping annual 300,000 home target

Thu, 09/09/2021 - 11:05
Speaking at this year’s RESI Convention in Wales, secretary of state for housing Robert Jenrick said the government had no plans to scrap its ambition to build 300,000 homes a year and that the target was “sensible” but “extremely ambitious”.
Categories: Property

Savills dismisses employee over racist tweet

Thu, 09/09/2021 - 10:25
Savills has “terminated” the employment of an employee who allegedly tweeted a racist remark in the wake of the Euro 2020 final.
Categories: Property

Secure Income REIT swings to profit in first half

Thu, 09/09/2021 - 08:55
Secure Income REIT posted a swing to profit for the first half of 2021, with the company expressing optimism about a post-pandemic recovery.
Categories: Property

Cairn Homes half-year profit jumps on strong demand

Thu, 09/09/2021 - 08:50
Cairn Homes posted a significant surge in earnings for the first half of 2021 as it increased its full-year profit expectations.
Categories: Property

Unite Group inks £450m sustainability-linked revolving credit facility

Thu, 09/09/2021 - 08:06
Unite Students has signed a £450m sustainability-linked unsecured revolving credit facility from HSBC, NatWest and Royal Bank of Canada.
Categories: Property

General Projects plans north London SME hub

Thu, 09/09/2021 - 07:00
Developer snaps up garment industry campus in Harringay for £75m scheme.
Categories: Property

Industrial investment looks set for a record year in regions

Thu, 09/09/2021 - 01:00
Regional industrial investment for 2021 is “almost certain” to be the highest ever, smashing a record set just last year, according to data from Savills shared exclusively with Property Week.
Categories: Property

Droves of workers return to London offices after summer

Thu, 09/09/2021 - 01:00
Recent surge in physical attendance fuels hopes of a fast recovery for London’s commercial property market.
Categories: Property

OakNorth provides £55m loan to facilitate Parkview lettings

Thu, 09/09/2021 - 01:00
Finance will support Paradigm with the letting of the remaining units at the Brentford mixed-use scheme.
Categories: Property

City office developer responds to synagogue disruption claims

Thu, 09/09/2021 - 01:00
The developer of an office building in the City of London has refuted claims that the building would disrupt services at the UK’s oldest synagogue.
Categories: Property

Student digs planning applications leap in Q3 of academic year

Thu, 09/09/2021 - 01:00
The number of student beds in new schemes for which planning permission was sought in Q3 of the 2020-21 academic year (April to June) jumped 108.4% compared with the previous quarter, according to data from StuRents.
Categories: Property

CBRE appoints new exec director of strategic development

Wed, 09/08/2021 - 15:47
CBRE has appointed Louise Wyman, former strategic director of growth and development at Manchester City Council, as executive director of strategic development.
Categories: Property

Plans approved for Chancery Lane office scheme

Wed, 09/08/2021 - 14:45
The City of London Corporation’s planning and transportation committee has resolved to grant planning permission on two schemes at a site on Fetter Lane, near Chancery Lane.
Categories: Property

Parkhill Estates to turn Wrexham steelworks site into 300 homes

Wed, 09/08/2021 - 14:42
Brymbo Developments, a subsidiary of private development company Parkhill Estates, has received planning permission to redevelop a former British Steelworks site at Brymbo, near Wrexham, into 300 homes.
Categories: Property

Knight Frank bolsters flexible team with two hires

Wed, 09/08/2021 - 14:39
Knight Frank has hired Wumi Eyiangho and Oliver Levesley to its flexible office solutions team.
Categories: Property

Firethorn Trust appoints development manager

Wed, 09/08/2021 - 14:26
Real estate developer and investor Firethorn Trust has appointed Hugo Briars as development manager to oversee delivery of the company’s development pipeline.
Categories: Property

Sean Tompkins to step down as RICS CEO

Wed, 09/08/2021 - 14:03
The chief executive of the Royal Institution of Chartered Surveyors (RICS) is set to step down, Property Week can reveal.
Categories: Property

Secondary logistics rents hit new heights

Wed, 09/08/2021 - 13:56
Rents for logistics units in secondary prime locations are rapidly increasing, according to data from CBRE.
Categories: Property

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