US REIT Welltower buys Barchester in landmark £5.2bn care home deal
The US healthcare specialist has also acquired HC-One’s UK care home portfolio for £1.2bn. The post US REIT Welltower buys Barchester in landmark £5.2bn care home deal appeared first on Property Week.
Moda and Aermont buy Hammersmith site for £300m PBSA scheme
The partners’ £1bn purpose-built student accommodation (PBSA) venure is acquiring the west London brownfield site from Malaysian investor Eastern & Oriental. The post Moda and Aermont buy Hammersmith site for £300m PBSA scheme appeared first on Property Week.
Morrisons to convert 250 corner shops into convenience stores
The grocery retailer is offering independent corner shop owners the opportunity to convert their stores into Morrisons franchises and is targeting areas where it currently has a limited presence. The post Morrisons to convert 250 corner shops into convenience stores appeared first on Property Week.
British Land sought Poundland ‘preferential side deal’ ahead of retailer’s restructuring
The REIT sought favourable rent terms as part of an “alternative restructuring” that would have excluded other creditors, High Court documents show. The post British Land sought Poundland ‘preferential side deal’ ahead of retailer’s restructuring appeared first on Property Week.
Renters’ Rights Act could trigger ‘period of chaos’, experts warn
BPF assistant director Kate Butler said here are still too many “unanswered questions” about the act’s implementation, echoing the concerns of many in the industry. The post Renters’ Rights Act could trigger ‘period of chaos’, experts warn appeared first on Property Week.
Indurent plates up Heywood Distribution Park lease for Dealicious Mealz
The deal is the third major letting for Indurent across its portfolio in recent weeks, driven by a resurgence in occupier demand. The post Indurent plates up Heywood Distribution Park lease for Dealicious Mealz appeared first on Property Week.
SAY Property names Courage as managing director
He has been a part of SAY for almost a decade, playing a key role in shaping the consultancy’s strategy. The post SAY Property names Courage as managing director appeared first on Property Week.
Logistics giant Feige makes UK debut with letting at Prologis park near Birmingham
The firm has taken the 261,147 sq ft DC2 warehouse at Hams Hall, taking the logistics park to fully let. The post Logistics giant Feige makes UK debut with letting at Prologis park near Birmingham appeared first on Property Week.
Octopus Capital raises £60m for care homes fund
Around £58m of the investment comes from LGPS Central, with the rest coming from Knight Frank Investment Management. The post Octopus Capital raises £60m for care homes fund appeared first on Property Week.
First phase of Awaab’s Law comes into effect for social housing landlords
The new law requires social landlords to fix damp and mould issues within a set deadline. The post First phase of Awaab’s Law comes into effect for social housing landlords appeared first on Property Week.