All Property Week articles in 19 May 2017
View all stories from this issue.
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Online
SEREIT looks to deploy remaining €30m
Schroder European Real Estate Investment Trust (SEREIT) has reported a NAV total return of 2.5% in half year results as the company nears the point of being full invested.
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OnlineAldgate Developments and HK firm to buy One Braham
Aldgate Developments has agreed a deal to buy a £65m office development scheme in east London with the backing of a Hong Kong investor, Property Week understands.
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OnlineGreen light for Rainier to redevelop Redhill Odeon into resi
A new residentia development comprising 133 apartments for rent on the site of the historic former Odeon cinema in Redhill has been given the go-ahead.
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OnlineSuperannuation Scheme seals £95m deal for education property portfolio
Epiris has sold its education-focused freehold property portfolio, PINE Unit Trust to the Universities Superannuation Scheme for £95m.
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OnlineAUM of top 50 global real estate fund managers grows 14.9%
The total value of the top 50 real estate fund managers’ assets under management (AUM) rose 14.9% to €40.8bn in 2016, compared to €35.6bn last year, according to the Fund Manager Survey 2017, undertaken by INREV, ANREV and NCREIF.
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OnlineCamino to open in Shoreditch
Spanish tapas restaurant Camino has secured its fifth site, within Brookfield’s Principal Place development in Shoreditch.
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OnlineNew Bristol RSD for GVA
GVA has announced it has appointed Gordon Isgrove as new regional senior director in its Bristol office.
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OnlineAEW & Kintyre make opportunistic German retail acquisition
AEW and Kintyre have acquired mixed-use asset in Haldensleben in the latest transaction on behalf for their opportunistic investment partnership with a US investor.
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OnlineExchange Place 1 changes hands in £47m deal
A German investment fund has bought Exchange Place 1 in Edinburgh for £47m, completing Aberdeen Asset Management’s sell off of a trio of offices in the city’s financial hub.
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OnlineISS joins Generation IM’s call to block executive pay deals at JLL
One of the world’s most influential investor bodies has backed calls to vote against the pay deals of all executive directors at JLL, including former chief executive Colin Dyer’s $11.3m (£8.71m) pay off.
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OnlineNanda to head up Metropolitan Housing Association
Geeta Nanda has been appointed as the new chief executive of Metropolitan Housing Association, and will be departing Thames Valley Housing (TVH) in September 2017.
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OnlineEmpire and Travelodge to anchor Southend scheme
Turnstone Estates have announced that Empire Cinemas and Travelodge will anchor their £50m leisure scheme at the Seaway Car Park in Southend.
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OnlineLondonMetric sells Loughborough supermarket for £32.5m
LondonMetric Property has sold its Morrisons food store in Loughborough to an unnamed UK pension fund for £32.5m, reflecting a net initial yield of 4.25%.
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OnlineGPE reports 5.7% fall in NAV
Great Portland Estates (GPE) has revealed a 5.7% fall in net asset value (NAV) per share in annual results driven by a decline in capital values and rental values.
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OnlineSchroder REIT produces strong annual results
Schroder Real Estate Investment Trust (REIT) has announced a total NAV return of 7.2% for the year to the end of March.
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OnlineHibernia’s shares up
Hibernia REIT’s shares were up 2.84% on Tuesday following the group’s annual results.
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OnlineSavills promotes Brennan to head up European retail
International real estate advisor Savills has promoted Larry Brennan to head of European retail agency.
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OnlineAddressing the lack of board diversity starts at the grass roots level
Casting our minds back to the property industry of yesteryear, diversity was not even a consideration for big real estate businesses. However, the past ten years have seen the sector make enormous strides in hiring and retaining a diverse workforce.
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OnlineLondon remains top European target for international retailers
London remains the most sought after destination for retailers wanting to expand their operations, according to research by CBRE.
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OnlineBig Yellow revenues, adjusted profits increase
Big Yellow revealed a rise in revenues of 8% this morning in its annual results for the financial year to 31 March 2017.
