Office-to-resi PDR gold rush

Labour pledges to end office-to-resi PDR

2019-04-24T07:49:00+01:00By

The Labour Party has said it would end permitted development rights to convert offices to housing.

Alex Jeffrey MG

Savills IM appoints new CEO

2019-04-24T07:28:00+01:00By

Savills Investment Management has appointed former M&G Real Estate chief executive Alex Jeffrey as its new chief executive.

Grand Arcade in Wigan

RDI agrees ‘standstill’ with Aviva after breaching lending covenants

2019-04-24T07:13:00+01:00By

RDI REIT, which saw off a potential bid from Australian investment giant Cromwell Property Group, has agreed a standstill agreement with lender Aviva after breaching covenants on four of its shopping centres.

zara edinburgh st james

Edinburgh St James makes four retail pre-lets

2019-04-24T16:55:00+01:00By

Edinburgh St James has pre-let four retail units to Inditex brands at its 1.7m sq ft mixed-use development in the Scottish capital.

paxton house

Aberdeen Standard Investments to sell City of London office building

2019-04-24T16:48:00+01:00By

Aberdeen Standard Investments has appointed Knight Frank to sell City of London building Paxton House for £9.5m, reflecting a net initial yield of 4.5%.

Moda asset manager

Moda Living hires asset managers ahead of Angel Gardens opening

2019-04-24T16:03:00+01:00By

Moda Living has hired former Urban Bubble asset manager Kate Barnes as the general manager of its flagship Manchester development Angel Gardens.

Lacuna Place Hastings

Hastings Borough Council buys town centre building to rejuvenate area

2019-04-24T14:33:00+01:00By

Hastings Borough Council has bought a 40,000 sq ft office building in the centre of the town from the University of Brighton.

SEGRO Logistics Park East Midlands Gateway

Segro redeems £250m of bonds

2019-04-24T14:24:00+01:00By

Segro has announced it is redeeming its outstanding 5.6% bonds worth £250m, which are due to mature next year.

Bullring, Birmingham

UBS warns top REITs are heavily exposed to failing retailers

2019-04-24T12:19:00+01:00By

About 20% of the floor space in the 50 shopping centres owned by Landsec, British Land, Hammerson and intu is let to retailers that are shrinking or have entered administration or company voluntary arrangements (CVAs) in recent years, according to research by analysts at UBS.

Electric cars charging

Landsec to install electric vehicle charging in all retail and leisure outlets

2019-04-24T12:14:00+01:00By

Landsec has pledged to install electric vehicle charging infrastructure in all of its retail and leisure outlets as part of its commitment to tackling climate change.

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Alex Jeffrey MG

Savills IM appoints new CEO

2019-04-24T07:28:00+01:00By

Savills Investment Management has appointed former M&G Real Estate chief executive Alex Jeffrey as its new chief executive.

Grand Arcade in Wigan

RDI agrees ‘standstill’ with Aviva after breaching lending covenants

2019-04-24T07:13:00+01:00By

RDI REIT, which saw off a potential bid from Australian investment giant Cromwell Property Group, has agreed a standstill agreement with lender Aviva after breaching covenants on four of its shopping centres.

SEGRO Logistics Park East Midlands Gateway

Segro redeems £250m of bonds

2019-04-24T14:24:00+01:00By

Segro has announced it is redeeming its outstanding 5.6% bonds worth £250m, which are due to mature next year.

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More analysis, resi & data

Debenhams Oxford Street

Can Debenhams' new owners turn the ailing chain around?

2019-04-17T23:00:00+01:00By

Debenhams landlords brace themselves as retail experts predict that the chain’s new owners could be forced to close dozens of stores.

More insight

PW cover 180419 – index

Property Week Digital Edition – 18 April 2019

Goldman Sachs enters BTR sector – Debenhams store closures – Office Space in Town interview – West Midlands market – Offices, science parks & business parks

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