Blackstone agrees $4.5bn Dream deal
Blackstone has agreed to buy Dream Global REIT in a $4.7bn deal – less than a week after the US private equity firm raised $20.5bn for its latest real estate fund.
Housing minister’s ‘housework’ joke gets cool reception at RESI 2019
Esther McVey didn’t get off to the best start with her much-anticipated first speech as housing minister at Property Week’s RESI Convention.
Aldi to double its London stores with £1bn push
Aldi plans to open a new store every week during the next two years and to double its presence in the M25.
FORE Partnership secures first tenant at Windmill Green
Technology business Interact Software has become the first tenant to sign up for an office at new Manchester office building Windmill Green.
Council investment in shopping centres on course to reach £1bn by close of 2020
Local authority investment in shopping centres is on course to hit £1bn by the end of 2020, according to a new survey.
Mondelez renews lease at Uxbridge Business Park
Mondelez UK has renewed its commitment to Arlington’s Building 3 at Uxbridge Business Park in west London by signing a new 55,000 sq ft on a 10-year basis.
Newcore reaches final close for £150m fund
Newcore Capital Management has announced the final close for a new £150m fund.
Get involved with the Agency 2019 survey
Property Week has launched its annual survey of property advisors for 2019. The Agency 2019 survey is our definitive guide to top property advisers in the UK and will be published next month.
St Modwen appoints former CBRE director to board
St Modwen Properties has appointed former CBRE director Sarah Whitney as a non-executive board member.
Springfield strengthens board
Scottish housebuilder Springfield Properties has appointed Colin Kenneth Rae as a non-executive director.
Blackstone agrees $4.5bn Dream deal
Blackstone has agreed to buy Dream Global REIT in a $4.7bn deal – less than a week after the US private equity firm raised $20.5bn for its latest real estate fund.
St Modwen appoints former CBRE director to board
St Modwen Properties has appointed former CBRE director Sarah Whitney as a non-executive board member.
Springfield strengthens board
Scottish housebuilder Springfield Properties has appointed Colin Kenneth Rae as a non-executive director.
RESI – Day 2 round-up
Housing minister Esther McVey’s first housing industry address fell flat among many RESI delegates as she promoted home ownership above all other types of housing.
UK proptech investment activity plummets in first half of 2019
Investment in UK-based proptech firms fell by 62% year on year in the first half of 2019. In the same period, investment in the sector surged globally, according to figures from proptech data firm CREtech.
Risks of Labour’s Right to Buy plan outweigh the benefits
BTR companies say investors would be put off if Right to Buy were extended to include the sector
Bernstein outlines plan to ramp up Vita’s offer
Ex Manchester City Council head to guide student housing specialist’s PRS push
Gateshead opens test bed for new housebuilding methods
BRE will study new homes’ performance.
Government outlines shared ownership shake-up plans
MHCLG proposes reforms to ease buying and selling and boost deliverability of shared ownership homes
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