David Parsley
David Parsley is contributing editor on Property Week, specialising in finance and general news. His career has included being founding editor of City AM, markets editor on The Sunday Times and business editor on the Sunday Express. He began his career as news editor on Property Week in 1994.
Contact info
- Tel:
- 07912 694 581
- Email:
- david.parsley@propertyweek.com
NewsInvestors and landlords weigh up options after intu collapse
Speculation mounts over future of shopping centre assets as investment market struggles through Covid
- Online
Landsec to reinstate dividend payout in November
Landsec will resume paying out dividends to investors after revealing it managed to collect 60% of the rent due for the third quarter.
- News
Retail rent collection falls from Q2 to Q3 at British Land
British Land collect 36% of retail third quarter retail rents, the group revealed in an update to the market.
- Online
Hammerson agrees debt deal as it collect just 16% of third quarter rent
Hammerson collected just 16% of third quarter rent last month, but has now clawed in almost 75% of payments from tenants for the first six months of the year.
- News
WeBuyAnyCar agree lease extension at LXI’s Corby site
LXI REIT has agreed a deal with WeBuyAnyCar.com owner to restructure a letting on one of its largest assets.
- News
Germany’s Covid-19 recovery benefits Sirius
German business park investor Sirius Real Estate collected 99.8% of June rent and completed more lettings as Covid-19 lockdown restrictions eased.
- Online
Redrow says Covid has had profound impact on results
Housebuilder Redrow has revealed the Covid-19 health crisis “had a profound impact” on the group’s annual figures and will result in profit for 2020 coming in “substantially below” 2019’s numbers.
- Online
Grainger issues £350m bond as it continues to realign debt profile
Grainger, the UK’s largest listed residential landlord, has issued a £350m bond as part of its strategy to extend it debt profile.
- Online
Shiva Hotels secures £230m loan for Marylebone hotel
Shiva Hotels Group has secured a £230m development financing package from Cale Street Investments to fund its 199 room luxury hotel in Marylebone, London.
- Online
Intu set to collapse into administration
Shopping centre giant intu is set to call in administrators following a collapse in talks with creditors to rescue the company.
- Online
Landlords face tough talks with Go Outdoors owner after pre-pack
Landlords to Go Outdoors face tough talks on rental terms following a pre-pack administration designed to slash costs at the leisure retailer.
- Online
Half-year NAV flat at Schroder European REIT
Net Asset Value (NAV) Schroder European REIT remained flat during the six months to the end of March, while earnings suffered a sharp fall.
- Online
NAV steady at Picton, but annual earnings fall
Net asset value (NAV) at Picton Property stood still during the year to the end of March, but earnings fell.
- Online
Intu confirms Friday deadline on rescue talks
Intu has confirmed is has until Friday to save the UK’s largest shopping centre operator from a collapse into administration, as revealed by Property Week yesterday.
- Online
Knight Frank appointed on Candy’s Holland Park scheme
Christian Candy has instructed Knight Frank to market his new scheme at 80 Holland Park.
- Online
Government gives Birmingham post-lockdown boost
The Ministry for Housing, Communities and Local Government (MHCLG) has taken a 48,787 sq ft office letting in Birmingham, in what is understood to be the biggest office deal agreed in the city and West Midlands since the UK lockdown started.
- Online
U+I submits plans for £770m mixed-use Greenwich scheme
U+I has submitted for planning at Morden Wharf, its £770m scheme on Greenwich Peninsula.
- Insight
SEGRO completes Austrian exit
SEGRO has completed its exit from Austria with the sale of City Park in Vienna to Nuveen Real Estate for €65m (£59m).
- Online
Warehouse REIT increases fundraising to £200m
Warehouse REIT has increased the size of its recently announced fundraising to around £200m following strong demand from investors.
- Online
Berkeley takes 35% profit hit as Covid-19 bites
Upmarket housebuilder Berkeley Group has confirmed plans to postpone a £455m payout to investors by two years due to the uncertainty created by the Covid-19 health crisis.
