All Property Week articles in 8 May 2015 – Page 3
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Online
JP Morgan man joins EY
Professional services firm EY has appointed the former global co-head of real estate investment banking at JP Morgan to its real estate corporate finance team.
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OnlineM&G Real Estate sails into £167m Bedfont Lakes
M G Real Estate has confirmed its acquisition of Bedfont Lakes Office Park near Heathrow Airport from Aberdeen Asset Management for £167m.
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OnlineCLS produces strong start to 2015
CLS Holdings has revealed a £225m warchest that could lead to further expansion of its pan-European portfolio.
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OnlineGrafton provides positive update to the market
Grafton Group, the builders merchanting and DIY Group, has revealed group revenue for the four months to 30 April rose 6.7% to £698m, compared to £654m at the same point last year.
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OnlineEmpiric seals £31m loan
Empiric Student Property has agreed a 15-year fixed rate £31.1m loan facility with Canada Life Investments.
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Online
Quinata appoints new finance director from Englander
Residential developer Quinata Global has appointed Justin Warents from Englander as its finance director.
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OnlineHousing stocks see more post-election gains
The post-election stock market rally started to peter out on Monday – but housing-oriented property stocks continued to see gains.
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OnlineClark to take communities secretary role
Former cities and universities minister Greg Clark has replaced Eric Pickles as communities and local government secretary.
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OnlineRothesay Life finances £1bn Northern Line extension
The £1bn Northern Line extension linking Battersea to the London Underground is a step closer today after the Greater London Authority issued the first ever consumer price index-linked Sterling bond.
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OnlineBumper day for resi as new government decided
London’s residential market saw exchanges and offers estimated to be worth well over £200m on Friday as the UK’s new government became clear.
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OnlineJavid appointed business secretary
Prime minister David Cameron has appointed MP Sajid Javid as the new secretary of state for business, innovation and skills.
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OnlinePimco’s West End office under offer for £92m
German fund manager IVG is under offer to buy the West End office of global bond trader Pimco for around £92m, Property Week can reveal.
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OnlineTushingham Moore team launches new retail agency
Five former members of Tushingham Moore have announced the launch of a new retail, leisure and investment agency business, Metis Real Estate Advisors.
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Online
McKay completes £175m refinancing
McKay Securities, the south east and London-focused office and industrial markets REIT, has increased the scale of its loan portfolio from £155m to £175m, with Aviva Commercial Finance.
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OnlineResidential stocks surge on Conservative victory
The City gave the election result a resounding welcome on Friday and property companies were among the main beneficiaries of the positive mood.
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OnlinePatrizia enters UK PRS with First Street deal in Manchester
Patrizia, the German-based real estate group, has taken its assets under management to over £1bn in the UK following the acquisition of the 20-acre First Street site in Manchester for an undisclosed sum.
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OnlineDTZ snaps up Cushman & Wakefield for $2bn
DTZ, the real estate adviser, has revealed it will buy rival Cushman Wakefield from Exor, the investment company of Italy’s billionaire Agnelli family.
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OnlineThe markets paint a picture of relief
For months leading up to the UK General Election there has been wide spread concern in the financial markets about the political instability that may follow.
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OnlineUK general election: Stability and certainty to reassure foreign investors
The UK woke up to a surprise on 8 May – not only have the Conservatives triumphed in the general election, but they have a majority to rule.
