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Online
Anti-greenwashing rules could lead to ‘greenhushing’, claims lawyer
Claim followed introduction of tougher anti-greenwashing investment rules by the Financial Conduct Authority (FCA) this week.
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Online
Ground Rents Income Fund slams government leaseholder reforms over 25% valuation fall
The fund told shareholders that the potential outcome of government legislative change “remains uncertain”.
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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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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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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.
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Helical shows “cautious optimism” as update flags up new lettings and high rent collection levels
The company has collected 99% of all rent payable for the financial year to 31 March.
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LandAid launches industry-wide trek to support youth homelessness
The charity trek will take place between 13-15 September.
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British Land and GIC secure major pre-let from Citadel at Broadgate skyscraper
The hedge fund will take around a third of the office space in the landmark two-tower development.
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Palace 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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Investor interest in niche assets ramps up, Rapleys reports
Self-storage and drive-throughs are set for “huge growth” in capital values and rents, according to the adviser.
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SEGRO 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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Foxtons 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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CBRE 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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Annual 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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Picton completes £29.6m sale of Angel Gate City of London office
Sale price represents a 5% premium to the 31 December independent valuation.