Property sector mergers and acquisitionsThe latest news about mergers and acquisitions in the property industry.
Latest Mergers and Acquisitions news
GVA Worldwide has established two new affiliated partners covering Croatia, Slovenia and Bulgaria to further expand its position in Central and Eastern Europe (CEE).
Bovis Homes is in merger talks with rival Galliford Try that could create a £2.5bn group, propelling the merged group into the top-five of UK housebuilders.
Standard Life and Aberdeen Asset Management have claimed their £11bn merger will create a “formidable player” and is “excellent” for their clients. But the market did not appear to agree.
Fund managers Aberdeen Asset Management and Standard Life have agreed terms to create the UK’s largest fund manager.
Banks and lending
Primary Health Properties (PHP) has made its second investment in Ireland as the company embarks on its first private placement issuing £100m in 10-year senior secured notes.
Regional REIT has reported a 2.25% increase in the like-for-like value of its portfolio in 2016 in its maiden full year results.