Biggleswade Town FC’s 11-acre stadium site hits market

The freehold site on Langford Road includes the stadium of the Southern League Division One Central club, which has a capacity of 3,000. The post Biggleswade Town FC’s 11-acre stadium site hits market appeared first on Property Week.

Activist investor calls for Whitbread sale in response to sale-and-leaseback plan

The Premier Inn owner is “doubling down” on “value-destructive” action with its new strategy to sell a large part of its freehold estate, New York hedge fund Corvex Management has warned. The post Activist investor calls for Whitbread sale in response to sale-and-leaseback plan appeared first on Property Week.

Kier's King's Speech a damp squib on rainy Wednesday

As storm clouds rolled over the capital, the King announced the Government's lawmaking plans for the year ahead. Commentators from RIBA, the CIOB, the Residential Freehold Association, and Churchill Living appeared to struggle to find anything to be enthusiastic about.

Allsop raises £52m from sale of 250 lots at April resi auction

The highest-valued asset to go under the hammer was a freehold pair of semi-detached buildings in Harrow, Middlesex, which fetched over £1.38m. The post Allsop raises £52m from sale of 250 lots at April resi auction appeared first on Property Week.

Premier Inn-owner Whitbread launches £1.5bn sale-and-leaseback programme

The company plans to cut the freehold proportion of its estate from 50% to between 30% and 40%, and reduce its workforce by 12.6%, to tackle cost increases. The post Premier Inn-owner Whitbread launches £1.5bn sale-and-leaseback programme appeared first on Property Week.

RICS - PROPERTY JOURNAL - Don't expect too much from leasehold reforms, 28032022

The Leasehold Reform (Ground Rent) Act 2022 will abolish ground rents for most new residential leasehold properties – but how the UK government's proposals will work in practice remains to be seen