Latest news – Page 4
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Savills expects ‘strong interest’ in Selsdon Park Estate
The property agency is advising on the sale of the hotel in south London.
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Orega makes West End debut at 80 Strand
The flexible office provider has signed a 10-year management agreement with Pearson for its West End debut.
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BNP Paribas Real Estate relocates London HQ to Marylebone
The company has relocated its London headquarters as part of its global ‘one roof’ strategy.
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SCIP wins approval for 256 Cambridgeshire low-carbon homes
The South Cambridgeshire Investment Partnership (SCIP) has secured planning permission to develop a 256 low-carbon home scheme in Cambourne.
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Massive demand for new I&L floorspace, says Knight Frank
The property adviser warns 112m sq ft is needed over the next five years.
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Casa by Moda buys Doncaster site for third neighbourhood
Casa by Moda group’s single-family homes division acquires 100 Doncaster units from Albemarle Homes.
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Newcastle-under-Lyme PBSA scheme gets £11m funding boost
Integritas Property Group will redevelop a purpose-built student accommodation scheme after receiving funding from the Brydg group.
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McLaren gets nod for £36m Bournemouth PBSA development
Planning permission secured for 170-bed student accommodation scheme with a £36m GDV.
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Vistry acquires 760 resi plots in Swindon from Henry Boot
Housebuilder Vistry has bought 759 residential plots in Swindon from Henry Boot’s land promotion and planning business, Hallam Land Management (HLM), for an undisclosed price.
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London’s luxury resi sales highest since 2013 despite slowing, says Savills
London’s residential market for properties priced £5m-plus slowed in 2023 but were still at their highest since 2013, according to Savills.
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Stockport MDC unveils plans for £250m resi scheme
Stockport Mayoral Development Corporation and the English Cities Fund have unveiled plans to develop a mixed-use residential neighbourhood in Stockport.
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Tri7 and Fusion greenlit for 541-bed PBSA scheme in Loughborough
The joint venture has secured planning permission for a purpose-built student accommodation scheme in Leicestershire.
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Clarion Partners Europe acquires Coventry warehouse for £28m
Deal is first on behalf of Clarion’s UK-only logistics fund, which recently closed with £427m of equity commitments.
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Goldman Sachs and Tene Living acquire 260 BTR units in Wembley
Goldman Sachs Asset Management and Tene Living acquire three build-to-rent (BTR) assets from Quintain.
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O’Brien joins Dovepark Properties as chairman
Comer Homes’ affordable housing arm appoints new chairman to replace outgoing Michael Mulcahy.
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HMRC snaps up its Croydon headquarters at 1 Ruskin Square
His Majesty’s Revenue and Customs (HMRC) has purchased its headquarters at Croydon’s 1 Ruskin Square, paying a reported £115m.
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More Heathrow shareholders plan ‘tag-along’ sale of 35% stake
Heathrow shareholders with 35% stake to sell shares in a ’tag-along’ deal with the airport’s majority owner, Ferrovial.
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IPSX staff pay almost doubled despite £7m loss in year before collapse
The International Property Securities Exchange (IPSX) almost doubled staff pay in the year to the end of June 2022, ahead of announcing its collapse last September.
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PRS REIT increases ERV by 19%
Rental group PRS REIT increased its estimated rental value (ERV) 19% year on year to £60.3m in the final quarter of last year, according to its latest trading update to investors.
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NAV up 4.7% at Safestore but profits down
Self-storage group posts 4.7% rise in net asset value for year to end of October.