All Property Week articles in 13 March 2020 – Page 3
-
Online
Covid-19 live updates: Property industry reacts as virus spread continues
Live updates from the Property Week team on the coronavirus outbreak’s impact on the property industry.
-
Online
Carluccio’s asks for three month rent holiday
Carluccio’s is in talks with landlords to negotiate a three-month rent holiday, as the restaurant chain becomes the latest to be hit by the coronavirus outbreak.
-
Online
Round Hill buys student scheme in Dublin
Round Hill Capital has acquired a 368-bed student accommodation development in The Liberties area of Dublin 8.
-
Online
FEC reveals plans for Manchester’s Victoria Riverside
Far East Consortium International (FEC) has revealed proposals for a new community of 634 homes at Manchester’s Victoria Riverside.
-
Online
Cushman becomes IPSX valuer
Cushman Wakefield has become the latest approved valuer to join the International Property Securities Exchange (IPSX).
-
Online
Swedish pension fund opens DOOR to £250m funding
Oxford Properties Group and Delancey Real Estate Asset Management have raised up to £250m from Swedish pension fund Alecta for the residential investment vehicle DOOR.
-
Online
Unite to cut back on summer costs to mitigate virus outbreak
Student accommodation giant Unite has said it will operate a reduced programme of summer business in 2020 given the risk of disruption to bookings due to the coronavirus outbreak.
-
Online
JP Morgan provides £200m facility to challenger lender Glenhawk
JP Morgan is providing Glenhawk with a £200m funding line to help finance the UK bridging finance specialist’s growth.
-
Online
Manchester secures £50m funding for development of 5,500 homes
Manchester has been granted £51.6m of the Government’s Housing Infrastructure Fund to unlock more than 5,500 homes over the next 10 years.
-
Online
Elliot Group places three schemes into administration
Liverpool developer Elliot Group has placed three schemes into administration after failing to raise the necessary funding to keep them afloat.
-
Online
London Mayor Sadiq Khan ordered to change London Plan to meet housing targets
In a scathing letter, the UK’s secretary of state for housing has directed London Mayor Sadiq Khan not to publish his London Plan until he makes major changes to it.
-
News
FirethornTrust buys Apex Park sites
FirethornTrust has acquired a 24.5-acre Bedfordshire logistics site with planning consent for a 460,000 sq ft industrial scheme with a GDV of around £68m.
-
Online
Edinburgh approves 248-bed student accommodation scheme
A large student accommodation development in Edinburgh’s Gorgie Road has won planning approval.
-
Online
Townsend Group raises $1.5bn for its global real estate strategy
The Townsend Group has raised $1.5bn (£1.19bn) from its American, Asian and European investors for its Townsend Real Estate Alpha global real estate strategy.
-
Online
DBRS warns of coronavirus impact on UK hotel CMBS deals.
Ratings agency DBRS has warned of the potential fallout from coronavirus on UK hotel CMBS deals.
-
Online
Goodman agrees to sell logistics portfolio for €1bn
Goodman has agreed to sell its assets in Central and Eastern Europe to GLP for about €1bn as part of a drive to focus more on gateway cities and major markets in continental Europe.
-
Insight
M&A time for specialist lenders
The recent CharterCourt and OneSavingsBank merger, and Foresight Group’s acquisition of Signature Private Finance, may be a sign of things to come in the specialist finance market.
-
News
Short-selling in Hammerson stock soars to record level
Percentage of the retail landlord’s shares out on loan increased to more than 17% at the start of last week
-
News
McCarthy & Stone duo mean to turn the tide
When Nigel Turner and Mike Lloyd were hired, they were tasked with turning the company around.
-
News
How green is your debt?
Guy Montague-Jones and Sally Hickey explore the rise of eco-friendly lending in our guide to green finance.