All Property Week articles in 20 February 2015 – Page 2
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OnlinePreferred bidder revealed for Brent Cross Cricklewood South
Argent has been recommended as the preferred bidder for a giant regeneration site in Brent Cross.
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OnlineLiverpool and Sheffield defeated on structural funds appeal
A group of councils has lost its challenge in the Supreme Court against the government’s allocation of EU structural funds.
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OnlineSafestore reports Q1 revenue rise
Self-storage provider Safestore has reported 9.3% revenue growth to £25.6m for the first quarter to the end of January 2015 on a year by year comparison.
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OnlineEmpiric announces fundraising drive
Empiric Student Property REIT is looking to raise an additional £75m to help fund future acquisitions.
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OnlineIt's crazy out there as corporate activity goes wild
The world’s gone M A mad. I spent all day yesterday in the City flitting between meetings. I met six high-flying investment and banking types, and each one suggested a different property merger or sale was about to happen.
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OnlineStandard Life buys 'strategic' Brighton car park
CP Holdings has sold its long-lease interest in the Russell Road car park in Brighton to Standard Life Investments UK Shopping Centre Trust for £13.32m.
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OnlineWhitbread predicts strong results as sales rise
Leisure group Whitbread has announced strong trading figures ahead of its full-year results, with like for like sales for the whole business up 6.5% for the 50 weeks to 12 February.
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OnlineKier raises dividend as first half profit grow
British support services and construction firm Kier Group raised its dividend after posting an 11% rise in revenue in the first half of its financial year, helped by strong demand in its property business.
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British Land refinances credit facility
British Land has refinanced its revolving credit facilities, signing a £485m unsecured revolving credit facility with a syndicate of seven banks to replace a £560m facility that was due to expire in May 2016.
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OnlineSegro sees NAV leap 23% in 2014
Industrial property giant Segro has seen the value of its portfolio jump by 12.9% to £4.8bn in the year to the end of December 2014.
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OnlineBarratt reveals whopping 75% profit leap in first half
Housebuilder Barratt Developments posted a 75% leap in pretax profit £210.2m in the six months to end-December, as revenue rose to £1.58bn, from £1.26bn.
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OnlineM7 takes control of European platform
M7 Real Estate has bought out all of its asset managers across its €1.2bn European multi-let industrial portfolio. M7
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OnlineCushman appoints bankers to seek £1.3bn sale
Cushman Wakefield has put itself up for sale for £1.3bn.
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OnlineGreen REIT and Dev Secs are top risers
Shares in Green REIT surged 2.98% on Tuesday after the Irish investor published strong interim results.
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OnlineBupa commits to MediaCityUK
Healthcare provider Bupa has signed a deal to move into a new 145,000 sq ft office at MediaCityUK.
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Spanish jeweller to open first UK store
Spanish jeweller Uno de 50 is set to launch its first store in the UK at 143 Regent Street, after agreeing a 10-year lease with The Crown Estate.
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Online£100m hotel plans submitted in Stratford
Union Hanover Securities has submitted its planning application for a £100m plus dual hotel scheme at Stratford, east London.
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OnlineEY partner takes top real estate banking job at Deutsche Bank
Top real estate advisor Rishi Bhuchar has left EY to take up a senior role in Deutsche Bank’s real estate investment banking team, Property Week can reveal.
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London Executive Offices takes Chelsea lease
Serviced office provider London Executive Offices (LEO) has boosted its portfolio in the capital by taking two floors in a Chelsea block.
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OnlineSantander to offer stretch senior loans to SME housebuilders
Santander has set aside £110m for a new scheme to provide debt finance to small and medium sized housebuilders.
