All Property Week articles in 25 September 2020 – Page 3
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OnlineLandsec CFO to step down in 2021
Martin Greenslade is set to quit his chief financial officer (CFO) role at Landsec after more than 15 years with the property giant.
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OnlineCLS secures £154m refinancing deal from Aviva
CLS Holdings has agreed a £154m debt facility from Aviva Investors in order to refinance of 12 UK assets.
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OnlineHammerson appoints first woman to top job
Hammerson has appointed Rita-Rose Gagné as chief executive, the first woman to take the role.
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OnlineMore than £3bn of rent lost since start of lockdown, research finds
More than £3bn of rent has been lost by property investors since the start of lockdown, according to Remit Consulting, in a situation which it said is unlikely to improve in the final quarter of the year.
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OnlinePRS REIT announces £50m additional development debt
PRS REIT has announced the approval of an additional £50m of development debt facilities with Barclays bank, taking its total to £450m.
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NewsPure Offices takes 30,000 sq ft at Edinburgh Park
Office centre provider Pure Offices has taken 33,000 sq ft at a newly refurbished space in Edinburgh Park.
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OnlineGLP raises £1bn in first close of European logistics fund
Logistics facilities provider GLP has raised €1.1bn (£1bn) in the first close of its pan-European logistics fund, GLP Europe Income Partners II (GLP EIP II).
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OnlineB&M to open up to 45 new stores as profits surge
Discount retailer B M is set to open up to 45 new stores later this year after profits and sales soared.
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OnlineColliers announces appointment of Andrew Hallissey to EMEA Board
Colliers has announced the appointment of Andrew Hallissey to its EMEA Board
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OnlineSevenHomes annouce three new land team appointments
SevenHomes has announced the appointment of three new members on its land team to help drive business growth.
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OnlineApache Capital disposes of Jersey office
Apache Capital has disposed of its only commercial property with the sale of a 45,000 sq ft office in St Helier, Jersey.
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NewsPanattoni sells £200m Amazon shed to LGIM in largest ever warehouse deal
Panattoni has pre-sold a 2.3m sq ft warehouse at Symmetry Park in Swindon to Legal General Investment Managers (LGIM) for over £200m in the UK’s largest single-warehouse deal.
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OnlinePBSA market growth has shrunk by 2.6% in 2020
The UK PSBA market growth has shrunk to 2.6% in 2020, with 25,000 new beds added to the market in 2020 compared to 36,000 new beds in 2019, according to new data from StuRents.
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OnlineSavills IM hires new head of ESG
Savills Investment Management has hired Emily Hamilton as its new head of environmental, social and governance (ESG).
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OnlineCluttons expands commercial valuations team with three hires
Cluttions has appointed Jonathan Rhodes, Paul Watling and Philip Cazenove to expand its commercial valuations team.
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OnlineBoutique bowling concept Lane7 to open at St James Quarter
St James Quarter has signed boutique bowling and gaming operator Lane7 at its shopping galleria.
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OnlineRetail rent arrears to exceed £2bn after third quarter
Retail property industry trade body Revo has warned that rent arrears could pass £2bn after today’s rent quarter day.
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OnlineSpringfield hit by Covid-19 lockdown as annual dividend is halved
Springfield Properties has taken a £6m hit to full year profit following the delay of home sale completions during the Covid-19 lockdown.
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OnlineLandsec’s Deutsch takes finance role at Shaftesbury
Shaftesbury has appointed Alastair Deutsch as head of finance with responsibility for financial planning and analysis, strategic commercial insights, treasury, tax, investor relations and IT.
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OnlineSt Modwen appoints Centrica executive as CEO
Sarwjit Sambhi has been appointed chief executive at St Modwen following the departure of Mark Allan to head up Landsec.
