Financial commentExpert opinion about financing in the property sector.
Latest Financial Comment
Should the property industry be embarrassed that, post Brexit vote, some of its main domestic-property-owning institutions have been involved in a mini flash crash, caused by fundamentally flawed open-ended fund structures?
With new rules on lease accounting on the horizon, businesses who lease their office space will face the prospect of having to list their property on their balance sheets as liabilities.
The first six months of 2016 were challenging for the quoted real estate sector, ending a fantastic run of out-performance against the wider equity markets.
Chief executive Toby Courtauld and finance director Nick Sanderson discuss Great Portland Estates annual results including a 19.5% rise in net asset value.
It may have been inevitable, but it took one hell of a long time to happen.
Changing attitudes to joint ventures, debt, permitted development rights and speculative development are just some of the findings from the latest Investec Structured Property Finance client survey.
Banks and lending
The volume of syndicated commercial property loans in the UK and across Europe, the Middle East and Africa (EMEA) fell sharply in 2016, Dealogic data has revealed.
Hermes Investment Management has provided a £29m loan to the joint venture of Thor Equities and Chenavari Investment Managers to fund the acquisition of 147-155 Wardour Street in London.
Mergers and acquisitions
Hansteen Holdings has acquired 14.81% of the shares in Industrial Multi Property Trust (IMPT) following its 300p takeover bid for the company last Friday.