Property industry unites to support Manchester
Manchester property companies have pledged their support to the #OneGM campaign launched this week by influential local figures including the mayor of Greater Manchester Andy Burnham, Bruntwood chief executive Chris Oglesby and former Manchester United footballer Gary Neville.
Supermarket Income REIT buys £53m Newcastle Sainsbury’s
Supermarket Income REIT has bought a Sainsbury’s supermarket in Heaton, Newcastle upon Tyne from the National Farmers Union for £53.1m, reflecting a combined net initial yield of 4.1%.
Auditor slams ‘risky’ Croydon council property investments
Grant Thornton report highlights ‘significant financial risk’ and flags up debts of council’s Brick By Brick vehicle
Blackstone buys £473m Prologis portfolio
Blackstone has bought Prologis’ Platform portfolio for £473m in the largest UK warehouse investment sale on record.
Moda Living appoints managing director of Moda Life Management
Moda Living has appointed Richard Smith as the managing director of Moda Life Management, the operational arm of its £2.5bn portfolio supported by Apache Capital Partners.
Five of UK housing’s biggest names to debate Covid-19 impact
Five of the biggest names in UK housing will be taking part in a special CEO debate on the impact Covid-19 on the sector at this year’s virtual RESI Convention on 10-11 November.
UK retail faces the biggest online challenge in Europe
UK retail landlords have to contend with the highest online retail penetration in Europe, according to new research from Moody’s Analytics.
Grosvenor to invest in businesses across its estate
Grosvenor Britain & Ireland has set up a fund to take stakes in retailers and restaurant operators to help them grow in a post-Covid world.
Panattoni lets 117,000 sq ft Basildon warehouse to housing association
Developer Panattoni has agreed a 15-year lease with Swan Housing Association for its 117,000 sq ft speculative development in Basildon.
Custodian REIT collects 88% of Q3 rent
Custodian REIT has collected 74% of rent due for the final quarter of the year and 88% of rent due for Q3.
Auditor slams ‘risky’ Croydon council property investments
Grant Thornton report highlights ‘significant financial risk’ and flags up debts of council’s Brick By Brick vehicle
Custodian REIT collects 88% of Q3 rent
Custodian REIT has collected 74% of rent due for the final quarter of the year and 88% of rent due for Q3.
McCarthy & Stone deal could be first of many in the sector
Lone Star says £630m acquisition will enable retirement living developer to ‘accelerate its transformation’
Capco move fuels speculation over merger with Shaftesbury
Shareholder Capco’s support for Shaftesbury’s £300m fundraising reignites talk of a tie-up between the two.
Q&A: Churchill CEO on senior living benefits
Spencer J McCarthy says he sees ‘good opportunities for growth’ in the North West
Let’s focus on ‘generation rent better’
Editor: The prime minister’s vow to “turn generation rent into generation buy” with a proposed increase in low-deposit mortgages for first-time buyers suggests a willingness to help young people on to the property ladder.
Pandemic has proven the business case for BTR
Developers, operators and third-parties have had to adapt quickly to the challenges of Covid-19, but a revolution in home-working and more diligent homehunters means BTR is here to stay.
Q&A: Johnny Caddick on the future of BTR
Moda Living’s chief executive talks about how the business has weathered Covid-19, the outlook for the BTR sector, the progress of its pipeline of new homes, its ESG strategy and what the future holds.
Government looks to tighten pre-pack administration rules
Move comes in response to growing number of retailers considering pre-pack deals in response to Covid-19
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How retail lost its individuality
UK property still looks to Europe
Partnerships help to build better places
New toolkit helps to create social value
Tail no longer wagging the dog
How retail lost its individuality
UK property still looks to Europe
Partnerships help to build better places
New toolkit helps to create social value
Tail no longer wagging the dog