Property sector mergers and acquisitionsThe latest news about mergers and acquisitions in the property industry.
Latest Mergers and Acquisitions news
Market Tech - the company that owns a large slice of London’s Camden Town - is set to be taken private by majority owner Teddy Sagi’s LabTech little more than two years after its flotation.
Alpha Real Trust has finally agreed to the takeover of Industrial Multi Property Trust, following Hansteen’s increased offer for the company.
M&A activity has returned to the listed property sector with announcements on successive days of the proposed takeovers of Market Tech and Kennedy Wilson Europe (KWE).
As an analyst covering Irish REITs, I came across Kennedy Wilson Europe (KWE) in June 2015 because of its significant real estate holdings in Ireland.
Banks and lending
UK banks and building societies regained market share in 2016 after several years of retreat, according to the 2016 year-end De Montfort UK Commercial Property Lending Report.
Primary Health Properties (PHP) has revealed it added £13.5m of acquisitions to its portfolio in its latest trading update.