All Property Week articles in 20 May 2016 – Page 3
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Online
Scottish Rugby markets hotel development site
Scottish Rugby is seeking offers for a hotel development opportunity on land near the entrance to the BT Murrayfield Stadium in Edinburgh.
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Senior fund management changes at Standard Life Investments
Standard Life Investments has announced a series of senior management changes within its fund management business.
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James Murray confirmed as London's new deputy mayor for housing
Former Islington housing chief James Murray has been confirmed by Sadiq Khan’s team as his new deputy mayor for housing.
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Knight Frank IM buys Harrogate retail warehouse
Knight Frank Investment Management has bought a retail warehouse in Harrogate from Helical Bar for £7.1m, reflecting a net initial yield of 6.2%.
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Cordatus Property Trust makes £15m of acquisitions
Cordatus Real Estate has bought an office building in Belfast and a shopping centre in Bingley for a combined total of £15m.
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British Land snaps up Urban Decay at Meadowhall
Cosmetics brand Urban Decay has signed up with British Land to open its first standalone store outside London at Sheffield shopping centre Meadowhall.
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FTSE 100 on rise after bumper results for Helical, Hibernia, EasyHotel & McKay
The FTSE 100 sits 21 points higher than yesterday’s close at 6,157 (as of 9am) as four property companies delivered results showing significant profit increases.
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Conygar Investment Company posts £2.1m loss
The Conygar Investment Company has reported a loss of £2.1m, despite efforts to reduce its exposure to the troubled oil industry in Aberdeen.
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David’s Bridal to open flagship store at St Philips Point
Ediston Property Investment Company has secured a letting for the entire lower ground floor at the St Philips Point building in Birmingham to David’s Bridal.
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EasyHotel boosts revenue and commits to development drive
EasyHotel has seen an 11.6% increase in revenue to £2.6m, according to the company’s latest interim results.
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Tritax buys Dixons warehouse for £77m
Tritax Big Box REIT has bought a distribution warehouse in Nottinghamshire for £77.3m, reflecting a net initial yield of 5.86%.
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Hibernia sees profits rise by 47%
Hibernia REIT has reported an increase in profit before tax of 47% to €136.3m, according to its preliminary full-year results.
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McKay Securities boosts profits by 37%
McKay Securities has revealed an increase in adjusted profit before tax of 37.2% in its latest set of full-year results.
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Helical Bar delivers record full-year results
Helical Bar has posted a bumper-set of full-year results, with net asset value and profit before tax at all-time highs.
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Insight
Q&A: Stoford’s new team eyes expansion
It has been a stellar couple of years for Stoford Developments, which has gone from being an occupier-focused office specialist in 2012 to being considered one of the most dynamic developers in the sheds market.
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De Montfort: Commercial property new loan originations hit post-crisis high
Confidence returned to the commercial property lending market last year as new loan originations hit a post-crisis high and the value of outstanding loan books saw its first increase since 2008.
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Insight
London Gateway offers a gateway to the future
When Marks Spencer pulled out of plans for a 900,000 sq ft warehouse at London Gateway two years ago, uncertainty hung over the landmark Essex project’s future like a dark cloud.
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Urban Splash acquires Eccles business park
Developer Urban Splash has acquired Barton Business Park, a 2.6 acre industrial site in Eccles.
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Scottish office occupiers driven out of town
A lack of suitable office space in Scotland’s key cities is driving occupiers to take leases in out-of-town locations, according to research by Savills.
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