All Property Week articles in 8 November 2019 – Page 3
-
OnlinePrincipal launches €800m long income European fund
Principal Real Estate Europe has launched its first dedicated long income focused European real estate fund.
-
OnlineHibernia raises dividend but warns on business sentiment
Irish property group Hibernia REIT has hiked its dividend for the first half of its financial year by 16.7% to 1.75 cents per share (1.5p) as its rent roll rose on the back of new lettings and rent reviews.
-
OnlineNAV and profit slumps at Landsec as retail woes continue to bite
Landsec has swung to a £147m loss and reported a 3.2% fall in net assets per share as the group’s retail portfolio continued to lose value following a raft of insolvencies and store chain collapses in the first half of the year.
-
OnlineDLA Piper take 40,000 sq ft at Two Chamberlain Square
DLA Piper has taken 40,000 sq ft of office space on a 15-year lease at Two Chamberlain Square in Birmingham’s £700m Paradise development.
-
Online
Over 200 hotels in the development pipeline in London
A quarter of the 210 new hotels in the development pipeline in London are located in Westminster, according to new research by Boodle Hatfield.
-
OnlineAllsop announce new hire
Allsop has hired Nick Troubridge as an investment analyst in its residential investment and student housing team.
-
OnlineStrawberry Place £120m development next to St James’s Park stadium gets green light
Helios Real Estate and Marrico have been granted full planning consent for a four-acre mixed-use scheme next to Newcastle United football club.
-
OnlineMeyer Bergman and BCP Asset Management €100m debt facility to develop Grafton Place, Dublin
Meyer Bergman and BCP Asset Management (AM) have secured a €100m (£86m) plus debt facility from Goldman Sachs to develop the office and retail development Grafton Place in central Dublin.
-
OnlineTristan Capital Partners completes Bristol city centre office scheme purchase
Tristan Capital Partners’ latest real estate opportunity fund, EPISO 5, has completed the acquisition of a 1.3-acre freehold site in Bristol city centre, known as 4 Glass Wharf, from Salmon Harvester Properties and NFU Mutual.
-
OnlineHC-One largest care home provider despite ‘big five’ losing ground to challengers
HC-One has become the largest provider of elderly care in the UK with 22,000 beds, according to new research from Savills.
-
OnlineClintons' owners look to slash rent and close stores in bid for chain's survival
Clintons’ owners are looking to close more than 60 stores and cut the rent on hundreds of others, according to media reports.
-
OnlineITV sells London Television Centre to Mitsubishi Estate London in £145.6m deal
ITV has exchanged contracts for the sale of the London Television Centre on the South Bank to Mitsubishi Estate London in an all-cash transaction for £145.6m.
-
OnlineEuropa Capital reveals five promotions
Europa Capital, the pan-European real estate investment manager, has promoted both Will Hughes and Nick Temperley to associate director in addition to three other promotions in the team.
-
OnlineOverseas investors increase focus on PRS as pound falls
The proportion of homes in the private rental sector being let by overseas landlords has increased year-on-year as falls in the value of sterling attract international property investors, according to Hamptons International.
-
OnlineLandsec targets net zero carbon status by 2030
Landsec has launched a new sustainability strategy with the aim of being a net zero carbon business by 2030.
-
OnlineScottish Property Federation appoints new chair
The Scottish Property Federation (SPF) has appointed a new chair.
-
OnlineString of lettings secured at Lexicon
The Lexicon, a joint venture between Schroder UK Real Estate Fund and Legal General Capital has announced three new lettings.
-
OnlineHFD sells Aberdeen office for £80m
HFD Property Group had decided to sell its CityPark1 office development in Aberdeen to LCN Capital Partners for around £80m.
-
NewsPLP close to securing first pre-let at Knowsley logistics scheme
PLP has appointed contractor Sterling Services to develop gateway access into its 37-acre Knowsley logistics scheme, with discussions to secure the development’s first tenant underway.
-
OnlineLearnings from the Marchioness disaster: post-Grenfell recommendations cannot be ignored
In the early hours of 20 August 1989, the 47-ton pleasure steamer Marchioness , packed with 130 partygoers, sank in just 30 seconds after being hit by the 1,475-ton dredger Bowbelle on the River Thames in London.
