Sports Direct sells HQ for £120m
Mike Ashley’s Sports Direct has agreed a deal to sell its headquarters and distribution centre for £120m in a sale-and-leaseback deal.
Unite fund raises £250m
Student accommodation giant Unite Group has raised £250m of new equity from external investors for its joint venture USAF fund.
Helical and AshbyCapital buy development site in Farringdon
Helical and AshbyCapital have acquired a major development site in Farringdon in a 50:50 joint venture.
ReSI posts half year rise in NAV
Residential Secure Income, which invests in affordable shared ownership, retirement and Local Authority housing, has reported a rise in net asset value (NAV) for the six months to the end of March.
LXI launches £100m fundraising after posting solid annual figures
LXI REIT is set to seek £100m via a share issue to fund its investment pipeline.
Octopus to build care home at Blythe Valley Park
Octopus Real Estate has exchanged contracts with IM Properties to purchase a 1.4 acre site in the Blythe Valley Park development and plans to build an 80-bed care home.
Purplebricks appoints interim US boss
Online estate agency Purplebricks has appointed Phil Felice as interim chief executive of its US business.
Cheyne backs Quintain with £172.5m funding package
Quintain has secured a £172.5m financing package from Cheyne Capital to help fund the next phase of development at Wembley Park.
JLL head of development moves to Hampton Brock
JLL’s head of development management Matthew Connor has left the business to join midlands developer Hampton Brock.
Trio of retail park lettings paves way for redevelopment in Essex
Schroder UK Real Estate Fund (SREF) has signed three lettings at its retail park in Chelmsford, paving the way for a redevelopment of the site.
Unite fund raises £250m
Student accommodation giant Unite Group has raised £250m of new equity from external investors for its joint venture USAF fund.
ReSI posts half year rise in NAV
Residential Secure Income, which invests in affordable shared ownership, retirement and Local Authority housing, has reported a rise in net asset value (NAV) for the six months to the end of March.
LXI launches £100m fundraising after posting solid annual figures
LXI REIT is set to seek £100m via a share issue to fund its investment pipeline.
Disruptive tech takes centre stage at industrial conference
Four key takeaways from Property Week’s Industrial & Logistics Conference and Showcase last week
Rise of public-private tie-ups
Public bodies and developers are forming long-term JVs to deliver housing.
BTR developers learn the art of branding
Property firms entering the build-to-rent market realise brand-building will be key to the sector’s growth.
Development as a force for good
At Newcore, we are out twisting the arms of the wealthy and generous of Oxford and the South East to raise £3m of extra funds to regenerate a church, crèche, café, drugs outreach and community centre in one of the poorest parts of Oxford.
Q&A: Urban Splash MD on Sekisui partnership
Simon Gawthorpe says JV plans to build ‘super factory’ to ramp up modular growth
Crest Nicholson and Southern Housing Group enter £72m partnership
Crest Nicholson and Southern Housing Group have announced a new £72.6m partnership across three of the developer’s sites in Walthamstow and Surrey.
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