Property Week News Feed

Property Week News Feed
https://www.propertyweek.com
Updated: 1 hour 43 sec ago

Stock market summary: 26 May

Tue, 05/26/2020 - 18:15
A huge leap of 18% for Hammerson in today’s trading.
Categories: Property

Major commercial agencies return to work

Tue, 05/26/2020 - 17:42
A number of leading property agencies have reopened their offices, with others preparing to do so in the coming days.
Categories: Property

Whitbread gets green light to rebuild popular Bristol hotel

Tue, 05/26/2020 - 16:52
Premier Inn owner Whitbread has secured planning permission to rebuild its Cribbs Causeway property after a fire in July 2019 damaged the 177-bedroom hotel and restaurant.
Categories: Property

Industrial take-up could slump by 47% in 2020

Tue, 05/26/2020 - 14:53
UK industrial take-up for 2020 could slump by as much as 47% compared to 2019 if business circumstances are not back to normal by the end of the year.
Categories: Property

Government launches £1bn fund for unsafe cladding removal

Tue, 05/26/2020 - 14:47
The government has launched a £1bn fund for the removal of unsafe non-ACM cladding on high-rise residential buildings.
Categories: Property

UK’s top hotel groups have 44% more debt than during credit crunch

Tue, 05/26/2020 - 14:37
The UK’s top 30 hotel groups have debt levels 44% higher than they had during the credit crunch, making it more challenging for the sector to weather the Covid-19 storm without help from the government, according to law firm Boodle Hatfield.
Categories: Property

James and James completes letting at Liberty 196

Tue, 05/26/2020 - 14:35
E-commerce fulfilment services company James and James’s has signed the lease for Liberty 196, after Property Week last week revealed the letting deal was back on the table.
Categories: Property

Bleckmann confirms 186,000 sq ft letting

Tue, 05/26/2020 - 12:00
Bleckmann has confirmed it has taken a 186,000 sq ft unit at Gazeley’s Magna Park Lutterworth, as reported by Property Week last week.
Categories: Property

Grainger announces first chief information officer

Tue, 05/26/2020 - 10:43
Grainger has announced the appointment of Paul Glibbery as its new chief investment officer.
Categories: Property

UK care home sector to face a “national bed crisis”, says Knight Frank

Tue, 05/26/2020 - 10:39
The UK’s care home sector is hurtling towards a “national crisis” with around 6,500 care homes, equating to 140,000 beds, are at risk of closure over the next five years, according to research from Knight Frank.
Categories: Property

Former Downing Street heavyweight joins Arcadis

Tue, 05/26/2020 - 10:12
A former planning minister and Downing Street special adviser has been appointed as a non-executive director of Arcadis, the design and consultancy group for natural and built assets.
Categories: Property

London office leasing slides but legal sector remains active

Tue, 05/26/2020 - 09:57
Take-up of office space in Central London slumped 66% in April compared to last year, as the Covid-19 pandemic took its toll on leasing deals.
Categories: Property

Imperial College ThinkSpace's I-HUB signs up Quell Therapeutics

Tue, 05/26/2020 - 09:46
Quell Therapeutics has taken 11,000 sq ft of bespoke laboratory and office space at the Translation & Innovation Hub (I-HUB) on Imperial College’s White City Campus.
Categories: Property

Deliveroo teams up with industry experts to navigate recovery of restaurant sector

Tue, 05/26/2020 - 09:32
Food delivery service Deliveroo has teamed up with industry experts to accelerate the recovery of the restaurant sector.
Categories: Property

L&G completes the sale of London retail asset for £25m

Tue, 05/26/2020 - 09:29
Legal & General (L&G) has completed the sale of 36-46 St John’s Road near Clapham Junction for £25m, on behalf of its BMW (UK) Trustees fund.
Categories: Property

L&G complete the sale London retail asset for £25m

Tue, 05/26/2020 - 09:29
Legal & General (L&G) has completed the sale of 36-46 St John’s Road near Clapham Junction for £25m, on behalf of its BMW (UK) Trustees fund.
Categories: Property

Reditum Capital arranges £10m bridging loan for The High Street Group

Tue, 05/26/2020 - 08:58
Reditum Capital has arranged a £10m bridging facility with The High Street Group for the development of a prime residential project in the centre of Newcastle.
Categories: Property

British Land suspends search for new chief executive

Tue, 05/26/2020 - 08:55
British Land has put its search for a new chief executive on hold due to the coronavirus pandemic.
Categories: Property

Stock market summary: 22 May

Tue, 05/26/2020 - 08:42
Intu’s share price soared today, jumping nearly 7%.
Categories: Property

RICS updates anti-money laundering guidance in light of Covid-19

Fri, 05/22/2020 - 15:36
The RICS has issued Covid-19-related guidance to protect businesses from increased risk of serious organised crime.
Categories: Property

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