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Unite sells six student schemes to PGIM for £184m
Student accommodation giant Unite has sold six properties to PGIM Real Estate for £184m.
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Elivia Homes appoints Hutson as eastern region managing director
He will lead the company’s eastern team after moving from the central team.
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Investec provides Realstar with £22m loan on Manchester multifamily scheme
UNCLE Manchester comprises studio and one-bedroom apartments in a Grade II-listed former warehouse building, originally built in about 1914.
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Hillwood secures £33m loan for Crewe industrial storage facility
Crewe 335 will be 335,000 sq ft and built to BREEAM ‘Excellent’ standard.
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Introducing a smart conversion brand from Hilton
The newest addition to the Hilton portfolio, Spark by Hilton is a premium economy hotel brand that delivers a simple, reliable and comfortable stay, all at an accessible price. For developers, Spark by Hilton leverages an innovative conversion model to offer a compelling investment option for owners.
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Colliers reports major warehouse development slowdown pushing up rents
This year Colliers is forecasting average industrial rental growth of 3.7%.
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Footasylum upsizing at Gateshead’s Metrocentre
The sports shoe chain joins EE, Primark, Clarks, Victoria’s Secret and Jack & Jones in increasing its space at the mall.
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London Square scores hat trick of acquisitions with £32m site purchase in Vauxhall
The site has consent for a 36-storey residential tower.
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Legal & General’s Wesleyan buys Edinburgh Audi dealership for £9.1m
The deal signals the start of an investor rush to acquire alternative property assets, according to Knight Frank.
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Alternative Income REIT maintains dividend target despite decline in property values
The firm’s net asset value fell 1.2 in Q1, but rent collection remained robust, at 100% for the quarter.