All Property Week articles in 17 May 2019 – Page 2
-
Online
U+I NAV falls as group focuses on new strategy
U+I has posted a fall in net asset value (NAV) as debt rose and profit plummeted in the 13 months to the end of March.
-
Online
Trio of Oaktree shopping centres breach debt covenants
Oaktree Capital has breached debt covenants on a trio of retail assets according to a notice from debt servicer CBRE.
-
Online
Picton posts annual NAV rise
Picton has posted a 2.5% increase in net asset value (NAV) in its annual results to the end of March.
-
Online
NAV nudges up at GPE
Great Portland Estates (GPE) has posted a mixed set of annual figures with net asset value (NAV) nudging up, but revenue falling.
-
Online
Crest Nicholson appoints new COO
Crest Nicholson’s board has appointed Tom Nicholson as chief operating officer.
-
News
Leicester Square leasehold hits the market
MOD Pizza is marketing the leasehold interest of its restaurant at 17-18 Irving Street next to Leicester Square.
-
News
Havering Council forms review panel for developers
Havering Council has created a review panel for major development projects which will scrutinise planning applications for a fee before they are submitted to the planning committee.
-
Online
Valor buys London warehouse at 3.5% yield
Valor Real Estate Partners has bought a Booker-let warehouse in Acton, west London, from Schroder REIT (SREIT) for £18.9m, and a net initial yield of 3.5%.
-
News
Three dessert brands sign in Chinatown
Shaftesbury has signed three new dessert brands to its Chinatown estate in London.
-
Online
C&W hires Asda director as head of retail
Cushman Wakefield has appointed Asda retail strategist Paul Durkin as head of UK retail.
-
Online
CFO steps down at Hammerson
Hammerson’s chief financial offer (CFO) Timon Drakesmith is to step down from the retail property group after eight years in the role.
-
Online
OakNorth provides loan for Aldgate resi scheme
OakNorth has provided a £16.5m property development finance facility to private investment office WMG for the development of a new residential-led mixed-use 17-storey building in Aldgate, London.
-
Online
Trophaeum buys in Rome’s Piazza di Spagna
Trophaeum has acquired a super prime retail asset on Piazza di Spagna in Rome for an undisclosed sum.
-
Online
Aberdeen Standard sells Scottish retail park
Corum Asset Management has acquired East Kilbride Retail Park from Aberdeen Standard Investments for £12.25m.
-
Online
Palm Capital signs trio of deals in Reading
Palm Capital has signed three leasing deals at Abbey Gardens, its 150,000 sq ft office scheme in Reading.
-
Online
Warehouse REIT benefits from Brexit stockpiling
Warehouse REIT, the AIM-listed warehouse investor, has posted a sharp rise in revenue and profit in its full-year results, benefitting from Brexit stockpiling and growth in online retail tenants.
-
Online
Schroder REIT posts flat NAV
Net asset value (NAV) at Schroder Real Estate Investment Trust nudged up 0.7% in the year to the end of March.
-
Online
Profit rises 10% at Watkin Jones
Watkin Jones has posted a 10% rise in profit for the first half of the year off the back of a small rise in revenue.
-
Online
Shaftesbury rides out Brexit and retail storms
West End property group Shaftesbury defied the downturn in the fortunes of the high street by posting a small rise in net asset value (NAV) for the first six months of the year.
-
Online
Assura posts solid full-year figures
Net asset value (NAV) at healthcare group Assura nudged up 1.7% during the year to the end of March, as pre-tax profit rose 17% to £84m.