All Property Week articles in 17 December 2021 – Page 2
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Triple Point completes four deals
Triple Point Social Housing REIT has completed the acquisition of four properties and exchanged contracts on another, comprising 45 individual units in total.
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Supermarket Income REIT adds two stores to portfolio and increases debt facility
Supermarket Income REIT has paid £55.1m for two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales.
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Former west London BBC car park earmarked for affordable homes
Some 142 new affordable homes are to be developed on the site of a former BBC multi-storey car park on Wood Lane at Television Centre in west London.
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Helios to build Croatian warehouse
Quattro Logistics has commissioned Helios Real to build Hall 5 at Zagreb Logistics Park, Zagreb, Croatia, following a letting to Cat Logistics, which is taking a new 10-year lease on the 34,000 sq ft logistics warehouse.
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Impact Healthcare buys 12 Scottish care homes
Impact Healthcare has bought a portfolio of 12 Scottish care homes from Kingdom Homes, which is retiring from the care home business.
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M&G acquires senior living developments in South East for £69m
M&G Real Estate has acquired two senior living developments managed by Birchgrove Holdings in the South East for £69m.
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RE Capital sells London office building and buys another
RE Capital has completed the sale of 1 Old Queen Street in London to a private investor for £38.5m and has also purchased a different London office building for £21.125m.
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CBRE IM to buy £3.6bn warehouse portfolio in US and Europe
CBRE Investment Management has purchased a 57-asset, 28.4m sq ft portfolio of logistics properties in the US and Europe, valued at approximately $4.9bn (£3.6bn).
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Apollo to acquire Miller Homes Group
Apollo is to acquire leading homebuilder Miller Homes Group from the Bridgepoint Group.
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CBRE hire to lead Transaction Advisory within EMEA loan services team
CBRE Capital Advisors has appointed Emily Fitzgerald as senior director and head of transaction advisory in its EMEA loan servicing team.
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Secure Income REIT pays Merlin £33.5m to extend resort leases
Secure Income REIT has paid Merlin Entertainments £33.45m to extend the leases of Alton Towers, Thorpe Park, Warwick Castle and Heide Park by 35 years.
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Samsung Life pays £64m for stake in Savills IM
Savills Investment Management has sold a 25% minority stake to South Korean insurer Samsung Life for £63.75m as part of a new strategic investment alliance.
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PGIM Real Estate appoints ESG lead for Europe and Asia-Pacific
PGIM Real Estate has appointed Julie Townsend as ESG lead for Europe and Asia-Pacific, effective immediately.
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Guy Grainger steps up as BPF president
Guy Grainger has today (4 January) become president of the British Property Federation (BPF).
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The Arch Company appoints new CEO
Small business landlord The Arch Company has appointed two new senior leaders: Craig McWilliam has been hired as chief executive and John Robson has joined as asset management director, effective today.
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House price growth at 15-year high
Annual house price growth in 2021 has been the strongest since 2006, a 15-year high, according to Nationwide.
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New Selfridges owners plan luxury hotel at London flagship
The new owners of Selfridges are planning to develop an upmarket hotel and serviced apartments as part of a revamp of the flagship store on Oxford Street in London.
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CLS turns UK operations into REIT
CLS Holdings is to turn its UK business into a UK REIT in the new year.
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Dunelm lets superstore at former Debenhams
Dunelm has signed a lease for the former Debenhams department store in the Flemingate Shopping Centre in Beverley, East Yorkshire.
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UK bank branch numbers at half of 2015 due to closures
Banks and building societies have closed or scheduled the closure of 4,735 branches since January 2015, analysis from Which? has found.