All Property Week articles in 22 November 2019 – Page 2
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Court ruling gives ‘green light’ to telecom operators
Today the Court of Appeal ruled in favour of Cornerstone Telecommunications against the University of London (UoL) in a landmark case that will have major consequences for telecoms operators and landlords.
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Alpine Properties bags new tenant at Whitehouse Industrial Estate
Procure Plus has signed for 20,000 sq ft in at Whitehouse Industrial Estate in Runcorn.
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Property investments exempt in FCA mini bond ban
Companies who issue mini bonds to fund single UK property investments have been exempted from a ban by the Financial Conduct Authority (FCA) on marketing the product to retail customers.
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Student Accommodation Awards 2019 shortlist party
The finalists of this year’s Student Accommodation Awards celebrated their success at an exclusive event in London last week.
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Property management app Herddle launches in UK
Proptech firm Herddle has launched a tech-backed property management service across London and South East England.
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BB&J expand business with latest acquisition
Property consultancy BB J Commercial has acquired Rushton Hickman with a view to expanding its services across the East Midlands.
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Allsop posts stable results and appoints new operations board
Allsop has delivered stable financial results to March 2019 despite “economic turbulence”.
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LXi delivers strong NAV growth
LXi REIT has reported strong growth in NAV in half-year results as the long-income specialist grows its portfolio towards the £1bn m
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Stanhope brings Cureoscity engagement app to ONE Angel Court
Developer Stanhope is offering tenants in the City of London’s ONE Angel Court access to a bespoke tenant engagement app.
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Nuveen Real Estate announces new hire to its international advisory service
Nuveen Real Estate has appointed Addie Mynde as director in its international advisory services division.
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Schroder REIT NAV dips but refinancing drives bumper dividend
Schroder REIT has reported a small dip in net asset value in its half-year results but proposed a significant increase in the dividend thanks to a major refinancing.
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Developer revises planning for £25m Southampton student scheme
Developer JEDS Investments has revised its planning application for a student accommodation scheme on Royal Crescent Road in Southampton.
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Alpha Capital launches European Long Income Fund
Alpha Capital has launched a new European Long Income Fund, which will concentrate on investment opportunities in the Eurozone.
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LondonMetric acquires over £14m worth of roadside assets
LondonMetric has acquired £14.5m of long income road assets, reflecting a net initial yield (NIY) of 5.9%.
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Patrizia targets €1bn for European residential fund
Patrizia, the pan-European real estate investment group, has launched the Living Cities Residential Fund, an open-ended vehicle targeting €1bn (£860m) of assets by next year.
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Aviva agrees £85m police centre refinancing
Aviva Investors has agreed an £85m senior fixed-rate term-loan facility to refinance six operational police investigation centres (PICs) for Aviva UK Life.
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Revo appoints new CEO
Revo, the retail property lobby group, has appointed Vivienne King as its new chief executive.
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NAV at Shaftesbury dips, but annual dividend up
Net asset value (NAV) at west London property stalwart Shaftesbury nudged down during the year to the end of September in what management called a resilient year.
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JLL predicts healthy house price increase by 2024
JLL has predicted a 14.8% increase in UK house prices by 2024 in its residential forecast for the next five years.
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Louis Vuitton buys jeweller Tiffany for $16bn
Bernard Arnault has bought US jeweller Tiffany Co for more than $16bn (£12.5bn).