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Property Week Digital Edition – 19 January 2024

2024-01-19T09:42:00+00:00

Resident-led campaign groups can wreak havoc on developments, so should the law be reformed? - Scottish commercial property investment volumes fell 33% in 2023, their lowest level in the past five years - Melanie Leech on how leasehold reform could hit investment

All the content from the latest issue of Property Week

Court of Appeal

Court of Appeal delivers blow to Adler’s €6bn debt restructuring plan

Lower court’s approval for restructuring to save German property group from insolvency is overruled

Andy Street 2019 main

Mayors in talks to revive HS2’s northern leg with private investment

Andy Burnham and Andy Street hatch plans to revive West Midlands to Manchester branch.

Lucent hero exterior image

Landsec fully lets landmark Lucent West End scheme

Verition Fund Management signed for final floor of scheme behind Piccadilly Lights.

Pendleton Phase 4 - Churchill Road

Next 485-home phase of SP+ & Lovell’s Salford scheme gets greenlight

Lovell Together and SP+ secure consentfor 485-home phase of Pendelton scheme.

Chapel Place, Ilford

Telford Homes gets go ahead on 1,000-unit Ilford BTR scheme

Reworked plans for east London residential scheme get the green light.

Surveyor

Alastair Stewart on why quantity surveyors are survivors

Blessed are the quantity surveyors, to paraphrase St Matthew, for they shall inherit the Earth. Just like the cockroaches. That’s not to denigrate QSs. Nor cockroaches.

Jo Cowen

Jo Cowen Architects’ Jo Cowen on creative repurposing of buildings

The creative repurposing of older, underused buildings has major environmental, social and economic benefits, particularly in the living sectors. But it also has its challenges.

Houses of Parliament

Cross-party MPs criticise DLUHC’s ‘thin gruel’ levelling up progress

MPs slam rate at which government has allocated funds

Construction

BPF launches public-private partnerships pilot to drive regeneration

Organisation aims for three or four local authorities to join scheme this year.

New house for sale

Experts warns mooted 99% mortgage scheme would be unaffordable

Government plan to help first-time buyers could spur house price inflation, industry figures say.

Shopping centre_credit_shutterstock_Dmitrijs Dmitrijevs_21143044

@peterproperty on the future of shopping malls

Landsec boss Mark Allan last week signalled a desire to spend up to £1bn on retail. Half may go on Liverpool One.

Goldsworth pic

LGIM lands Colgate letting at Woking office development

Toothpaste company is latest tenant at Legal & General’s Woking office development

Milton Keynes

CREI offloads Milton Keynes warehouse for £8m

Custodian Property Income REIT has sold the 52,000 sq ft warehouse on Bradbourne Drive, Tilbrook Industrial Estate, to an unnamed buyer.

Wembley Park 636

KKR acquires two BTR blocks in Wembley Park

The investment firm has bought a pair of west London assets from Quintain.

Henry Boot chief executive Tim Roberts

Henry Boot grows landbank amid ‘continued demand’ for strategic sites

The developer’s total land portfolio has increased to 100,972 plots.

Manchester skyline

Bywater snaps up Manchester office refurb scheme from Zurich

Developer snaps up consented project from insurance firm

8 Bloomsbury St 97 (exterior)RT

Feldberg Capital secures £50m at second close on ReForm fund

The total fundraise for ReForm is now £100m since the impact fund’s launch in October 2023.

1881171_1880537__127517413_wimbledonproposalsscreengrab_388462_crop_860464

London’s deputy mayor to decide on controversial Wimbledon expansion

Mayor of London’s office takes charge of Wimbledon All England Lawn Tennis Club’s controversial plans.

Stanford houses 2

Gresham House deal gets ilke Homes Essex scheme back on track

Alternative asset manager agrees deal with housebuilder to complete Essex scheme following modular firm’s collapse.

Ansdell Steet CGI

Knight Frank and Savills market rare Kensington resi development site

Knight Frank and Savills have started marketing a site in London’s Kensington with consent for a residential scheme with a gross development value of £50m.

Rob Barker - Property Director

Potter Space’s Rob Barker on why collaboration is key to development growth

With competition for space across all sectors at an all-time high, industries need to find a way to work together.

Henry de Teissier

JLL’s Henry de Teissier joins Cushman & Wakefield

Former JLL Bristol office team member to lead C&W’s South West logistics and industrials operation.

East Village, Stratford

Get Living to pay £18m in east London fire safety remediation test case

A tribunal has ruled that Get Living is liable to pay £18m towards the completion of building remediation work following a legal battle with Triathlon Homes.

Hurlingham Road gets green light from Hammersmith & Fulham

Green light for £26m Hammersmith & Fulham care home

Care Concern Group has secured planning permission for the 81-bed scheme.

Soapworks.Salford

Fresh plans submitted for former Colgate-Palmolive factory

The Soapworks proposals include 450 new homes and more than 145,000 sq ft of office space.

Eden Facade- Simon Buckley

ECF’s Manchester green Eden office scheme reaches practical completion

ECF’s Eden, one of the UK’s most sustainable new-build office buildings, completed in Salford.

Michael Gove pensive

Grenfell insulation firm Kingspan ‘gives capitalism a bad name’, says Gove

Housing secretary accuses Grenfell Tower-linked company of “trying to wiggle out of their responsibilities”.

Fat Phill's

Burger brand Fat Phill’s signs UK franchise agreement

Franchisee Freshly Baked has said it aims to open 100 locations over the next 10 years.

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