All News articles
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Great Places secures £280m-plus deals with three lenders
New banking partner supplies debt alongside housing group’s existing lenders Santander and NatWest.
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FTSE 100 closes at record high with property stocks rising
FTSE 100 property companies enjoyed a boost with SEGRO’s share price rising 1.07%.
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Scottish government granted powers to introduce Building Safety Levy
The government is also considering a new tax on developers to contribute towards building safety repairs.
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Enfield Council seeks developer for 600-home Meridian Water scheme
The project is part of plans to develop 10,000 homes and create 6,000 new jobs.
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Watkin Jones appoints new CFO and updates on first half
Simon Jones has been appointed to succeed Sergeant as CFO designate and will join the board on 21 May.
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Valor completes £25m double acquisition of London last-mile logistics assets
The deals extend Valor’s UK portfolio to 54 assets across 5.2m sq ft.
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Thriving Investments secures £20m financing from Scottish National Investment Bank
The commitment takes the Scottish bank’s total investment in the fund to £60m.
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Taylor Wimpey order book falls year on year as home sales dip
Analysts described update as encouraging due to resilient sales in recent weeks.
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Annual profit edges up in ‘record’ year for Property Franchise Group
Gareth Samples, chief executive of TPFG, said the year had represented ”yet another year of record performance”.
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Chancerygate seals five deals at Genesis Park in Leicestershire
A 6,000 sq ft unit has been let to Deenova and sold to Sandpiper Formulations Pension Scheme.
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Petrol forecourt acquisitions help boost Asda profits
The supermarket giant’s adjusted EBITDA after rent rose by 24% to £1.078bn in 2023.
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Lok’nStore revenue grows 4.3% as store pipeline progresses
Trading update confirmed directors’ recommendation of 1,110p per share takeover offer from Shurgard.
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Pemberstone sells Sunderland business park for £1.625m
Avison Young, Newcastle and Blue Marble Asset secured the sale acting on behalf of the owner.
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James Cameron backs new UK film studio mired in planning dispute
The film director sees the proposed studio as a potential base for his company Lightstorm3D.
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Grosvenor to build 300,000 sq ft portfolio of flex offices
Grosvenor’s chief executive James Raynor said there was a “significant opportunity” to take advantage of occupier demand for flex.
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Oxford and LCP secure freight rail operator for £1bn West Midlands Interchange
The SRFI will sit alongside 8m sq ft of prime warehouse facilities.
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Power of Proptech survey 2024: Have your say
In 2024, businesses remain more heavily reliant on their digital infrastructure than ever. Property Week’s 2024 Power of Proptech survey, sponsored by Freeths, seeks to explore the robustness of this digital infrastructure and how prepared businesses are to meet the technological challenges facing the property sector.
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Cole Warehouse acquires Trafford site for 5,000 home masterplan
The schene will include 5,000 homes a new stadium for Manchester United.
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Retirement group gains funding from Hermes for £260m north London scheme
Marstead Living’s first retirement scheme will see 175 homes built on the site, called Marstead Mill.
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CapReg appoints NHS director to its board
Murphy will also take over as chairman of the group’s audit committee in June.