JLL’s head of EMEA flex space quits to set up own flex firm
Dan Brown leaves after less than a year and is replaced by Ben Munn as new global head of flex space
Aviva sells Forum St Paul’s for more than £80m
Aviva Investors has sold the freehold interest in Forum St Paul’s to investment manager Goldstone Commercial, which is backed by Hong Kong capital, for £80.75m.
Investors set to pump £3.2bn into UK’s PBSA sector by end of 2019
Investors are on course to pump £3.2bn into the UK’s purpose-built student accommodation (PBSA) sector by the year-end, according to new research by Knight Frank.
Property ‘not enemy’, says Lib Dem’s Farron
Housing spokesman backs developers but calls for end to planning loopholes
McCloud: SMEs need more support from government
The government needs to do more to support small and medium-sized enterprises (SMEs) if it wants them to play a part in delivering desperately needed homes, Grand Designs presenter Kevin McCloud told delegates at RESI 2019.
Warehouse REIT spends £70m on Aviva portfolio
Warehouse REIT, the AIM-listed specialist industrial investor, has paid Aviva Investors £70m for an eight asset fully-let portfolio of warehouse and distribution assets.
RDI continues German retail exit
RDI REIT has sold the Bahnhof Center in Altona, Hamburg to Volksbank eG Braunschweig Wolfsburg for €91m (£80.8m).
Knotel forms management partnership with Great Portland Estates
Knotel has agreed to manage 82,000 sq ft of office space for Great Portland Estates (GPE) in Moorgate, London.
Airbnb-style proptech rental platform Lavanda scores £4m investment
Proptech startup Lavanda has received $5m (£4m) in a round of Series-A funding led by Henley Ventures.
Octopus funds Welwyn resi scheme
Octopus Real Estate, part of Octopus Group and a UK specialist real estate investor, has agreed to provide a £21.2m loan to Wheat Quarter to develop a brownfield site in Welwyn Garden City.
Investors set to pump £3.2bn into UK’s PBSA sector by end of 2019
Investors are on course to pump £3.2bn into the UK’s purpose-built student accommodation (PBSA) sector by the year-end, according to new research by Knight Frank.
Warehouse REIT spends £70m on Aviva portfolio
Warehouse REIT, the AIM-listed specialist industrial investor, has paid Aviva Investors £70m for an eight asset fully-let portfolio of warehouse and distribution assets.
RDI continues German retail exit
RDI REIT has sold the Bahnhof Center in Altona, Hamburg to Volksbank eG Braunschweig Wolfsburg for €91m (£80.8m).
Housebuilding news indicates a life beyond Brexit
Editor: After all the recent Westminster antics, it’s good to see some more positive business news emerging from the housebuilding sector.
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.
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