All Propcos articles
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OnlinePalace Capital slashes debt with asset sales
The group said the sales provided “various options for returning capital to shareholders”, including a tender offer.
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OnlineSEGRO boosts rent roll by £29m in first-quarter trading
The FTSE 100 industrial giant is planning more development and acquistions after raising £907m in equity in February.
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OnlineFoxtons makes ‘strong start to year’ as market share grows
The estate agent revealed its sale pipeline was at its highest level since the Brexit referendum in 2016.
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OnlineCBRE investment veteran Dakin retires
Dakin has led the growth of CBRE’s financial capabilities in the UK and across Europe over the last nine years.
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OnlineAnnual profit falls 15% at Winkworth
Despite the fall, Winkworth will raise the annual dividend to 11.7p per share, from 11p in 2022.
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OnlinePicton completes £29.6m sale of Angel Gate City of London office
Sale price represents a 5% premium to the 31 December independent valuation.
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OnlineUrban Logistics REIT reports 23% rental growth in final quarter of financial year
The company completed three new lettings and three rent reviews during the quarter.
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OnlineHenry Boot sells 500 Cambridgeshire resi plots to Barratt
The sale will complete in July 2024, with the transaction resulting in an ungeared internal rate of return of 15% a year.
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OnlineLGIM expands Unite relationship with £150m funding
The loan will be used to refinance an existing bank facility for the student accommodation giant’s Unite UK Student Accommodation Fund.
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OnlineSales of student digs take a dip at Unite
Valuation of its two portfolios also fell slightly, the group has told investors in its latest update.
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OnlineSirius completes over €100m of acquisitions and disposes of UK asset
The industrial and flexible workspace group has completed four deals in Germany and the UK.
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OnlineSEGRO appoints Bond to lead Thames Valley and Heathrow teams
Bond will oversee a region with £5.3bn of assets under management for the industrial giant.
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OnlineTroubled Home REIT reduces debt further via ongoing asset sales
The value of Home REIT’s portfolio currently stands at £334.1m.
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OnlineVistry boosts board governance as Fitzgerald combines CEO and chairman roles
Housebuilding giant Vistry makes two appointments to its board.
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OnlineSupermarket Income REIT secures increase to lending deal
The firm has increased its unsecured finance facility with Sumitomo Mitsui Banking Corporation.
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NewsRightmove and three mortgage lenders invest £10m in proptech firm Coadjute
The platform aims to improve the speed, ease and security of buying and selling homes.
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OnlineCustodian sells Weybridge and Warrington industrial units for £15m
The warehouses were sold for 5.2% and 61% above their December valuations.
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OnlinePicton’s City office asset set for resi conversion after £29.6m sale
The commercial property REIT has secured a deal with residential investor QSquare.
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OnlineDowning hires new investment manager
The firm has expanded its finance team with the appointment of Doug Bowley.
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OnlineRegional REIT launches £130m disposal programme to pay down debt
The sales comprises 58 assets as the group looks to bring its loan-to-value figure down to its target of 40%.
