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Property Week
Tuesday 18 May 2021

Latest News

Top Story

Green light for major holiday resort development

Private equity-backed Lakeshore Leisure Group has secured the green light to develop an 80-acre holiday resort property in Devon.   
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Insider Feature
Feature 1

Business Matters: Finessing workspaces for a flexible future

The pandemic has turbo-charged trends around where and how we work. But what does this mean for Bristol businesses looking to get staff off their sofas and back into the office… and for landlords and developers keen to achieve tenant appeal? Phil Morton from Morton Property Consultants offers his advice.
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Property

More winners of South West Property Awards announced

Two more winners of our South West Property Awards have been unveiled.
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Two Rivers Housing awards contracts worth £6.4m to PH Jones

Two Rivers Housing has awarded PH Jones two new contracts to service, upgrade and install its heating systems for the next four years.
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Lodestone launches website for South West buyers

Lodestone Property, an estate agency operating across Somerset and Dorset, has launched a new consumer website for people moving to the South West.
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White Oak launches new business support package

Business lender White Oak has launched a new package for companies preparing for the return to work.
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Watkin Jones boosts pipeline as it emerges from pandemic

Watkin Jones has said all part of its business "continued to perform well" in the first half of its financial year, despite profits being impacted by the disruptions sparked by the pandemic.
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Insider Feature
Feature 2

Business Matters: Flagship - the Future of Flexible Working

Miranda Grattan from Flagship says the idea of the traditional office space has been turned on its head, with many businesses now open to the idea of flexible work solutions. Fortunately, foresight allowed us to model Flagship Spaces to meet the needs of true flexibility employees now require in the post-pandemic world.
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Deals

Hexicon to acquire Wave Hub in milestone agreement

Swedish floating windfarm developer and technology provider Hexicon is to acquire the Wave Hub offshore renewable energy test site in Cornwall.
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Bank package supports logistics firm acquisition

Paragon Bank has supported the acquisition of Exeter-based STR Logistics with a £785,000 finance package.
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AR Packaging to be acquired in $1.45bn deal

AR Packaging, which has UK operations in Rotherham, Cambridge and Highbridge, is set to be acquired by a New York Stock Exchange-listed counterpart for $1.45bn (£1bn).
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Atom Bank accredited for RLS lending

Atom Bank has started to lend funds under the Recovery Loan Scheme (RLS) following accreditation by the British Business Bank.
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Exponent strikes sweet Gü deal

Private equity firm Exponent has reached an agreement to acquire premium dessert brand, Gü, from Noble Foods.
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Insider Feature
Feature 3

Ask the expert: How will the Chancellor’s Super Deduction work?

Michael Hesketh, partner and head of tax for the West Country at Azets, says the recent spring Budget provided a somewhat unexpected boost for companies planning to invest in new assets with the introduction of what Rishi Sunak called “Super-Deduction Capital Allowances”.
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Business

New strategy on track at Imperial Brands

Tobacco and next generation products giant Imperial Brands has reported a positive start to the implementation of its transformation strategy, with the Bristol-headquartered business on track to meet full-year expectations.
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“Strong” Q1 for Shawbrook

Shawbrook Group has reported a "strong financial and resilient operational performance" in the first quarter of its financial year.
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South West Water’s buoyed by £81m commitment

South West Water's plans to create 500 jobs and bring forward a number of schemes designed to benefit the region has been boosted by an £81m commitment.
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Cornish Metals looks ahead to future plans

Cornish Metals has outlined it plans for the next 18 months as it looks to build on the progress made to date.
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Insider Feature
Feature 4

Business Matters: Top five considerations to achieve a flexible, and secure working environment

Todd Gifford, chief technology officer at Optimising IT, looks at the top five considerations to achieve a flexible, and secure working environment.
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Member Exclusive News

Strong demand for units at new Salisbury development

More than 50 per cent of the units at a new business and warehouse development in salisbury are under offer with construction now underway.
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AEW acquires Bristol retail sites

AEW UK Core Property Fund has acquired a pair of retail sites in Bristol city centre for £2.32m.
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