All Property Week articles in 1 June 2018 – Page 3
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OnlineNew Albion and East concept takes flagship space at Helical's The Bower
Helical has signed food and beverage group Albion and East to take a flagship ground floor unit at The Tower building within The Bower development in central London.
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OnlineAlternative lender growth not threatened by increased borrowing costs, says Savills
Alternative lenders are set to capitalise on the rising costs of borrowing money as traditional banks continue to be constrained by regulators and their decreased risk appetite, according to Savills.
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OnlineM&G makes £49m Haymarket acquisition in Edinburgh
M G Real Estate has made a major investment in Scotland by acquiring the four-acre The Haymarket development site which has a gross development value of £280m.
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OnlineRockspring buys three assets for £54m
Rockspring Property Investment Managers has paid £54m for three individual assets across the UK, comprising two reversionary office assets in London and a Holiday Inn hotel in York.
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OnlineYew Grove raises €75m for London and Dublin float
Yew Grove REIT, the newly incorporated Irish real estate investment trust, has raised €75m (£66m) ahead of a dual listing in London and Dublin next week.
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OnlinePicton posts solid annual figures
Picton has revealed a 10% rise in net asset value (NAV) and a total return of 14.9% in its latest annual results.
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OnlineHelical sells last three non-core assets
Helical has sold the last of its non-core assets, completing its strategy to become entirely London and Manchester focused.
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OnlineMothercare shares rise 3.23% following CVA amendment
Mothercare shares rose 3.23% on Monday to 32.0p as it was revealed creditors rejected the CVA plan for its subsidiary Children’s World as part of a wider restructuring.
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OnlineTopland targets £250m of new development loans
Sol Zakay’s Topland has allocated a £250m war chest to lend to developers as it expands its structured finance arm.
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OnlineSt Modwen progresses with retail exit as home sales rise sharply
St Modwen has almost reached its target to sell £100m-£150m of retail assets as the group continued its strategy to reduce its exposure to weaker property sectors.
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NewsLone Star withdraws from IWG bid ahead of deadline
Lone Star has announced the end of its bid for IWG ahead of the decision deadline on Friday.
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OnlineThor sells Cannes luxury retail boulevard for €120m
Thor Equities has exchanged on a deal to sell its luxury retail asset 65 Boulevard de la Croisette in Cannes for €120m (£105.3m) to Castello Köln Beteiligung, Property Week can reveal.
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OnlineCording expands Benelux fund with Amsterdam acquisition
Cording Real Estate has acquired a 35,520 sq ft office building in the centre of Amsterdam as the newest addition to its Benelux Commercial Real Estate Fund.
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OnlineFlexioffices sold to NVM Private Equity
Flexioffices, one of the UK’s largest serviced office letting agents, has been sold to NVM Private Equity, Property Week can reveal.
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OnlineMothercare subsidiary fails to win CVA sign-off
Mothercare has suspended part of its CVA plan today after it was revealed creditors did not approve proposals for the retailer’s subsidiary Children’s World.
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OnlineNew property partners at Harold Benjamin
Harold Benjamin has added a pair of new partners to their property offering, with Mina Kakkad promoted in the commercial property team and Huseyin Huseyin promoted in the property development planning team.
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OnlineSeaforth Land secures Derwent's Sneddon as head of development
Investor Seaforth Land has appointed industry veteran Ed Sneddon as its new head of development after 12 years as a senior member of Derwent London’s development team.
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OnlineCo-founder of agency Williams Gunter Hardwick passes away
One of the directors of Bristol-based agency Williams Gunter Hardwick, Malcolm Gunter, has passed away aged 52 after a year-long battle with Motor Neurone Disease.
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OnlineBritish Land brings Everyman to Broadgate
Boutique cinema operator Everyman has signed for a three-screen cinema as part of 42,000 sq ft of new retail and leisure space within British Land’s 1FA development.
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ProfessionalThe rise of densification in towns and cities
Densification is an increasingly prevalent trend but how can it be best employed? John Morgan looks at why the trend is becoming so popular and how to effectively increase a development’s density.
