Latest news – Page 3
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NewsM&S investing £30m in Scottish store openings and extensions
Retailer plans to invest in five new and existing stores.
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News‘Critical’ financial distress soared in Q4 2023, says Begbies Traynor
Some 6,228 real estate and property services firms were in critical financial distress at the end of last year.
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NewsStoford wins planning for £30m Wolverhampton I&L hub
Wolverhampton City Council has given the plans the green light.
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NewsI-RES and Vision Capital clash again ahead of EGM
I-RES brands activist shareholder Vision Capital’s press statement ”misleading”.
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NewsCREI and abrdn create £1bn REIT in all-share merger
The combined group will have a portfolio of around 200 assets.
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OnlinePW’s Get Set For Net Zero podcast series, ep 1: How can we make retrofit more rewarding?
The first episode of Property Week’s Get Set for Net Zero podcast series centres on the theme of retrofitting.
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NewsSterling buys Mitchells & Butlers Birmingham HQ for £46m
Sterling Property Ventures acquires All Bar One and Toby Cavery operator’s HQ from LGIM.
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NewsAviva Investors sells three UK supermarkets in £100m deal
MDSR Investments has purchased a Sainsbury’s and two Morrisons stores.
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NewsGoogle unveils $1bn Hertfordshire data centre plan
The tech giant purchased the 33-acre site in Waltham Cross in 2020.
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NewsHSBC cuts profit forecasts for Savills after ‘less transactional year’
Forecasts have been reset to catch up with Savills’s latest guidance given in its January trading update.
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NewsLGA urges reform of Thurrock Council’s planning department
Council found to be struggling to deliver new housing and infrastructure.
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NewsGreen light for major Manchester life sciences and PBSA scheme
The Property Alliance Group, Moda Living and Williams Motor Holdings have secured planning permission for a £450m life science facilities and purpose-built student accommodation (PBSA) scheme in Manchester.
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NewsLandTech acquires firm behind Give My View engagement platform
The proptech firm has snapped up Built-ID in an undisclosed deal.
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News‘Foolhardy’ DfT ends safeguarding of land for axed HS2 route
Restrictions preventing the development of land for Phase 2a of HS2 have been removed, the transport secretary has announced.
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OnlinePeppercorn ground rent cap ‘disastrous’ for investors, experts tell DLUHC
Capping ground rents at a peppercorn would have “disastrous consequences” for investors and could cost taxpayers £31bn in compensation, property experts said as the government’s consultation on the matter closed.
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OnlineAviva Investors pays £150m for student digs portfolio
Aviva Investors has acquired a portfolio of six student assets and a mixed-use commercial investment for £150m.
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OnlineNewRiver hits record occupancy level
NewRiver REIT has achieved record occupancy across its regional retail portfolio following a “strong leasing performance” during its third quarter.
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OnlineHome REIT board to walk away from troubled firm en masse
The board of the troubled residential investor Home REIT is set to resign en masse following the appointment of a new chairman.
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NewsGatehouse acquires 170 homes from Persimmon
The BTR specialist has acquired 174 homes across the West Midlands for £35m.
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NewsTory MP tables landlord-friendly amendments to Renters Reform Bill
Conservative MP Anthony Mangnall has tabled a series of amendments to the long-awaited bill ahead of its report stage.
