Arcadia to close 23 stores as part of CVA
Sir Philip Green’s Arcadia Group plans to close 23 UK store as part of its much mooted company voluntary arrangement (CVA).
Trio of Oaktree shopping centres breach debt covenants
Oaktree Capital has breached debt covenants on a trio of retail assets according to a notice from debt servicer CBRE.
NAV nudges up at GPE
Great Portland Estates (GPE) has posted a mixed set of annual figures with net asset value (NAV) nudging up, but revenue falling.
Purpose-built resi investment to hit £146bn by 2025
Investment into the UK student accommodation, investment-grade private rented sector and senior living rental sectors is expected to reach £146bn by 2025, rising from £87.3bn in 2019, according to Knight Frank.
Vivid buys Bargate Homes to boost housebuilding volumes
Affordable housing provider Vivid has acquired fellow residential developer Bargate Homes to boost its activity in the South.
Sharkey to head up HUB
Residential developer HUB has appointed Damien Sharkey as its new managing director.
db symmetry gets green light in Kettering
Logistics developer db symmetry has received planning permission for a logistics scheme with 2.3m sq ft of floorspace in Kettering.
Get Living puts forward £180m BTR proposal in Leeds
The backers of build-to-rent brand Get Living have submitted plans for a £180m proposal to build 780 homes across a five-acre site on Globe Road in South Bank, Leeds.
AEW and Allianz acquire 525,000 sq ft site as part of speculative logistics venture
AEW and Allianz have acquired a 525,000 sq ft site from CWC Group as the first purchase in their joint speculative UK logistics venture.
U+I NAV falls as group focuses on new strategy
U+I has posted a fall in net asset value (NAV) as debt rose and profit plummeted in the 13 months to the end of March.
Trio of Oaktree shopping centres breach debt covenants
Oaktree Capital has breached debt covenants on a trio of retail assets according to a notice from debt servicer CBRE.
NAV nudges up at GPE
Great Portland Estates (GPE) has posted a mixed set of annual figures with net asset value (NAV) nudging up, but revenue falling.
U+I NAV falls as group focuses on new strategy
U+I has posted a fall in net asset value (NAV) as debt rose and profit plummeted in the 13 months to the end of March.
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.
