Digital Edition
Property Week Digital Edition – 19 January 2024
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 delivers blow to Adler’s €6bn debt restructuring plan
Lower court’s approval for restructuring to save German property group from insolvency is overruled
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.
Landsec fully lets landmark Lucent West End scheme
Verition Fund Management signed for final floor of scheme behind Piccadilly Lights.
Next 485-home phase of SP+ & Lovell’s Salford scheme gets greenlight
Lovell Together and SP+ secure consentfor 485-home phase of Pendelton scheme.
Telford Homes gets go ahead on 1,000-unit Ilford BTR scheme
Reworked plans for east London residential scheme get the green light.
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 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.
Cross-party MPs criticise DLUHC’s ‘thin gruel’ levelling up progress
MPs slam rate at which government has allocated funds
BPF launches public-private partnerships pilot to drive regeneration
Organisation aims for three or four local authorities to join scheme this year.
Experts warns mooted 99% mortgage scheme would be unaffordable
Government plan to help first-time buyers could spur house price inflation, industry figures say.
@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.
LGIM lands Colgate letting at Woking office development
Toothpaste company is latest tenant at Legal & General’s Woking office development
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.
KKR acquires two BTR blocks in Wembley Park
The investment firm has bought a pair of west London assets from Quintain.
Henry Boot grows landbank amid ‘continued demand’ for strategic sites
The developer’s total land portfolio has increased to 100,972 plots.
Bywater snaps up Manchester office refurb scheme from Zurich
Developer snaps up consented project from insurance firm
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.
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.
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.
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.
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.
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.
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.
Green light for £26m Hammersmith & Fulham care home
Care Concern Group has secured planning permission for the 81-bed scheme.
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.
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.
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”.
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.
M&S investing £30m in Scottish store openings and extensions
‘Critical’ financial distress soared in Q4 2023, says Begbies Traynor
Stoford wins planning for £30m Wolverhampton I&L hub
Scottish Cities Alliance’s Councillor Alexander on supporting inward investment ambitions
Countryside Partnerships’ Simon Boreham to join Godwin Developments
I-RES and Vision Capital clash again ahead of EGM
CREI and abrdn create £1bn REIT in all-share merger
Property Week Digital Edition – 19 January 2024
Sterling buys Mitchells & Butlers Birmingham HQ for £46m
Aviva Investors sells three UK supermarkets in £100m deal
Google unveils $1bn Hertfordshire data centre plan
HSBC cuts profit forecasts for Savills after ‘less transactional year’