Nick Johnstone
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Report calls for “yimbys’ to boost housing stock
Ministers should empower a new wave of “yimbys” (“yes in my back yard”) to boost local housing development and add up to 30% extra to the UK’s GDP
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Central government hubs continue regional takeover
Wales’s largest ever office leasing deal was secured by the public sector this week, as central government continued to galvanise take-up in key regional locations.
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First plans revealed for Great Northern Warehouse
Trilogy Real Estate and Peterson Group have revealed their plans for the first phase of the redevelopment of the Manchester’s Great Northern Warehouse and Square.
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Fiat seeks new Thames Valley HQ
Car manufacturer Fiat Chrysler has begun searching for a 50,000 sq ft Thames Valley HQ, while the wider South East suffers with a dearth of large-scale office occupiers post-EU referendum.
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TfL seeks developer for Oxford Street site
Transport for London has appointed Knight Frank to secure a developer for 354-358 Oxford Street, opposite Bond Street Station.
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McDougall to lead Lloyds Bank commercial real estate team
Lloyds Bank Commercial Banking has appointed a new head of its commercial real estate team.
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IWG profits drop by 4% as group continues expansion
IWG, the parent company of serviced office brand Regus, has reported a 4% drop in profits for the first half of 2017
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Belfast office take-up drops by 28% in H1
Belfast offices experienced a lettings drought in the first half of the year, with take-up down 28% year-on-year and only 14 deals recorded
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Bellway revenue to rise by 13% to £2.5bn
Revenue at property developer Bellway will increase by more than 13% to £2.5bn this year, the listed firm said in a trading update
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U+I Brighton scheme receives £70m funding deal
GCP Student Living and Gravis Capital management have agreed a £70m deal to forward fund the office, student and residential elements of U+I’s Circus Street scheme in Brighton
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Tunstall invests in Dutch-focused debt fund
M7-backed Tunstall Real Estate Asset Management has made its first investment for new Dutch-focussed discounted pay-off debt fund, DPO Fund 1
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Ealing seeks partner for 500-unit Southall site
Ealing Council is searching for a development partner to transform a 5.5-acre site in Southall’s town centre, in collaboration with London-based developers Metropolitan and Suburban