All Property Week articles in 6 April 2018 – Page 2
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Delancey's Plexal to create new London Cyber Innovation Centre at Here East
Plexal, the co-working group founded by clients of Delancey, has partnered with Deloitte and the Queen’s University Belfast to develop a new cyber innovation centre based at Here East in Stratford, east London.
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Credit Suisse turns to MünchenerHyp for Monument financing
Münchener Hypothekenbank eG has financed Credit Suisse Asset Management’s Real Estate Group’s £118m acquisition of London’s Monument Building.
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Balans Soho Society snaps up two new restaurants
London restaurant brand Balans Soho Society has announced two new branches in the capital, to open later this year.
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Canary Wharf Group makes first lettings at Wood Wharf
Canary Wharf Group has secured the first commercial tenants at Wood Wharf with hospitality operator Ennismore and The Office Group (TOG) signing up for space.
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Vodafone man dials in as new managing director for Instant Group
Flexible workspace provider The Instant Group has appointed former Vodafone global head of business development Ian Priestley as managing director to head up its serviced offering covering the UK and EMEA region.
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PFG and Belvior up on strong annual results
PFG finished the day 1.47% up at 138p, after reporting pre-tax profit of £4.3m for 2017 and a 23% increase in revenue to £10.2m.
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Half-year profit plunges at McCarthy & Stone
McCarthy Stone, the UK retirement home developer, expects only modest growth over the next two years following plunging profits, a fall in land deals and fewer planning consents in the first half of its financial year.
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Hammerson rejects fresh Klépierre approach
Retail property giant Hammerson has rebuffed a fresh approach from French rival Klépierre, saying the 635p a share bid “very significantly” undervalued the firm.
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Henley forms JV to launch new US residential brand
Henley USA has partnered with Tower 16 Capital Partners to continue its US expansion and create Altura, its new Las Vegas-based residential offering.
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REM appoints Hankinson to lead on resi
Real Estate Management (REM) has appointed George Hankinson as its new head of residential to lead on the growth of its portfolio which includes Shard Place.
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Second Estates targets £100m assets for first UK holiday property fund
Second Estates has launched a new fund giving investors exposure to the UK holiday lettings market with a target to build up £100m of assets.
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GVA gains seven new senior directors within raft of promotions
GVA has made 40 promotions across its London and regional offices including appointing seven new senior directors.
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Green light for Workspace to regenerate Shaftesbury Centre
Flexible workplace group Workspace has received planning permission for a £15m refurbishment of The Shaftesbury Centre in Ladbroke Grove, west London.
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Former GraceMark and Frogmore surveyor Richard Colt passes away
Chartered surveyor and GraceMark director Richard Colt has passed away over the Easter weekend aged 62.
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OakNorth completes £20.5m loan
OakNorth has completed a £20.5m loan to Caridon Group for a 629 home development in Bristol.
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Knight Frank launches global student property platform
Knight Frank has created a global student property platform focusing on Europe, Middle East and Africa (MENA), Asia Pacific and America.
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Duo sign at Hermes and CPPIB's South Bank Central
Hermes Investment Management and Canada Pension Plan Investment Board (CPPIB) have signed up two tenants to South Bank Central.
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Rockspring makes disposal of Le Mirage a reality
Rockspring has completed the disposal of Le Mirage, a well-known multi-let office building in Utrecht, to the New York-based investment fund HighBrook Investors.
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New chief executive and chairman in shake-up at Telereal Trillium
Telereal Trillium has unveiled a re-organised senior management team with Graham Edwards moving up from chief executive officer to executive chairman to be succeeded by Russell Gurnhill.
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AV company sets up UK showroom at SEGRO Park Bracknell
Leading audio visual trade supplier Midwich has taken a 31,634 sq ft unit at SEGRO Park Bracknell as its new UK showroom.