Goldman agrees £4.7bn deal to sell IQ to Blackstone
Goldman Sachs and Wellcome Trust have agreed to sell the UK student accommodation company IQ to Blackstone in a £4.66bn deal.
British Land stays quiet on report of Grigg’s departure
British Land has refused to comment on a report that its chief executive Chris Grigg is set to step down after more than a decade in the role.
NAV at Unite up following Liberty deal
Student accommodation giant Unite has posted an 8% rise in net asset value (NAV) in its full year results for 2019.
Rutter joins CBRE as head of investment advisory
CBRE has hired Graeme Rutter as executive director and head of investment advisory, part of CBRE Capital Advisors.
Profit falls at Taylor Wimpey
Profit at Taylor Wimpey slipped in 2019 as flat house prices and rising build costs hit the developer.
Capco breathes a sigh of relief after Earls Court sale
Capital and Counties has posted a 10% fall in net asset value (NAV) reflecting the impact of the Earls Court sale and a 1.7% fall in the value of its London portfolio of property.
Solid half-year results for Town Centre Securities
Town Centre Securities has reported a small dip in net asset value in half-year results but occupancy and rents both increased.
Derwent cuts net zero emissions target by 20 years as it reveals solid full-year figures
Derwent London has issued a challenge to the property industry on environmental standards by vowing to become net zero on carbon emissions by 2030, 20 years ahead of its previous target of 2050.
Hammerson set to slash 2020 dividend as NAV plunges
Hammerson shareholders are set to suffer a sharp dividend cut this year, as the retail landlord revealed it is to rebase the payout “to a sustainable level”.
New managers appointed for AEW UK Long Lease REIT
The board of directors at AEW UK Long Lease REIT has appointed both a new investment manager and fund manager just under a year after the company’s future was thrown into doubt by the collapse of its largest tenant.
Goldman agrees £4.7bn deal to sell IQ to Blackstone
Goldman Sachs and Wellcome Trust have agreed to sell the UK student accommodation company IQ to Blackstone in a £4.66bn deal.
British Land stays quiet on report of Grigg’s departure
British Land has refused to comment on a report that its chief executive Chris Grigg is set to step down after more than a decade in the role.
NAV at Unite up following Liberty deal
Student accommodation giant Unite has posted an 8% rise in net asset value (NAV) in its full year results for 2019.
RICS valuation review ‘to bring industry into the modern era’
Aim of the planned review is to ensure surveyors remain ‘relevant and trusted’ in the eyes of the public
First Homes policy throws up concerns across the industry
Proposals raise fears that lower numbers of affordable homes will be delivered and schemes will be delayed
Challenges ahead for latest housing minister
Christopher Pincher takes up role as Tories prepare to deliver promised reforms
Central Bedfordshire Council takes proactive approach to development
Central Bedfordshire Council’s proactive approach to development is starting to pay dividends at Stratton Business Park in Biggleswade, attracting big occupiers including The Co-op.
Shed demand in East Midlands is at 12-year high
Ever-rising take-up in the region points to a ‘seismic shift’ taking place in the industrial market.
Airspace development: involve stakeholders early
Editor: The prospect of creating new homes in the ‘air rights’ on top of existing buildings offers the opportunity to significantly increase the number of homes being built, which could help ease the housing crisis in London.
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