Recovery News from Property Week
Great Portland clear for take-off after rights-of-light deal
REIT makes multimillion-pound settlement with Ryanair boss O’Leary over Fetter Lane scheme
British Land results pack a punch, thanks to prelets
Portfolio value up 2.6% to £10.3bn after CEO’s London office development drive
Need to know: crunchtime for PFI
This summer, the government will issue its response to a consultation on the future of the much-criticised private finance initiative (PFI) funding model. What are its chances of survival?
South-east goes social with first public sector REIT
Ten housing associations from across south-east England are clubbing together to create the first social housing REIT.
Big Yellow’s big year for income
Big Yellow’s annual results showed a strong improvement in income, at a time when store openings slowed but self-storage demand was maintained.
BCO 2012: Barclays - banks can't fill the property funding gap.
Banks alone will not be able to fill the current property funding gap admitted Gregor Bamert, UK head of real estate at Barclays Corporate at the BCO Conference this afternoon.
Crow of delight as Texans take helm and increase revenue at CBRE
CBRE’s $1.9bn debt-financed, top-of-the-market acquisition of Texas firm Trammell Crow in December 2006 initially caused considerable financial pain post-credit crunch.
Shaftesbury swinging back into action in Carnaby village
Shaftesbury is to begin construction within the next year of two schemes in its Carnaby “village” in London.
Henderson throws hat in ring with duo of debt funds
Henderson Global Investors is aiming to launch its debut property debt funds to take advantage of a retreat from real estate lending by European banks.
German bank pulls out of UK property lending
A German bank has become the latest lender to pull out of the UK property sector, PropertyWeek.com can reveal.