David Parsley
David Parsley is contributing editor on <em>Property Week</em>, specialising in finance and general news. His career has included being founding editor of <i>City AM</i>, markets editor on <i>The Sunday Times</i> and business editor on the <i>Sunday Express</i>. He began his career as news editor on <em>Property Week</em> in 1994.
Contact info
- Tel:
- 07912 694 581
- Email:
- david.parsley@propertyweek.com
OnlineVistry boasts strong demand but does not rule out taking government Covid-19 loan
Vistry, the housebuilding giant formerly known as Bovis Homes, has said the group performed “better than initially expected” during the Covid-19 lockdown and was now operating across all of its 73 contracting sites.
- Online
GPE produces robust annual figures but concedes recession will impact demand for property
London-focused developer Great Portland Estates (GPE) has posted a 1.8% rise in net asset value (NAV) for the year to the end of March.
- Online
Watkin Jones puts in solid first-half performance as it prepares to mitigate Covid-19 impact
Student accommodation and build-to-rent group Watkin Jones has reported solid growth in revenue and profit for the six months to the end of March.
- Online
Paragon lends almost £12m to EquaGroup for West London resi scheme
Residential developer EquaGroup has secured am £11.8m loan from Paragon Bank to assist with the acquisition of a site known as Ironbridge House in Hanwell and its subsequent conversion into 57 residential apartments.
- Online
Tritax EuroBox posts robust results despite pandemic
Tritax EuroBox has posted a 3.5% rise in net asset value (NAV) for the six months to the end of March, despite the impact of the Covid-19 health crisis.
- Online
Commercial property yields rise at fastest rate in almost four years
Yields on UK commercial property rose by their largest monthly amount since July 2016 in April, as the Covid-19 health crisis hits the sector.
- Online
Citylife seeks permission for Yorkshire’s tallest building
Leeds-based property developer Citylife has submitted plans for its Two Springwell Garden development in Leeds city centre.
- Online
LXi pays dividend as profit doubles and NAV rises
LXi REIT, the long income property investor, has posted a rise in net asset value for the year to the end of March and more than doubled annual profit.
- Online
Valuation falls hit NAV at Resi as Covid-19 bites
Residential Secure Income (Resi) suffered a fall in net asset value (NAV) in the six months to the end of March as property values were hit by the Covid-19 health crisis.
- Online
Intu seeks standstill agreements with lenders in effort to avoid collapse
Troubled shopping centres giant Intu has said it is seeking standstill agreements with lenders in order to prevent expected covenant breaches.
- News
Roger Lewis returns to UK with £100m placemaking war chest
The property dealer has set up a new firm named RLD to target mixed-use schemes in major UK cities, and launches Hackertel.
- News
BT to offload 3,700 exchange leases
BT plans to offload the leaseholds on more than two thirds of its 5,600 telephone exchanges as part of a major cost-cutting drive, Property Week can reveal.
- Online
Intu completes sale of Spanish shopping centre
Troubled shopping centre group intu has completed the sale of the Puerto Venecia shopping centre in Spain for €475.3m (£406m).
- Online
Beauchamp boss joins Bank of England economy panel
Upmarket estate agency Beauchamp Estates has joined the Bank of England’s advisory panel of companies and senior directors, with the agency providing company data and property sector statistics to assist the bank with post-Brexit economic outlook policy.
- Online
Landsec cancels final dividend as it warns of “profound” impact of Covid-19 on property sector
Landsec will not pay a final dividend after reporting a sharp fall in net asset value (NAV) warning the UK economy is unlikely to recover to pre-Covid-19 until 2022 “at the earliest”.
- Online
Paragon agrees £18m loan to Halsbury Homes
Paragon Bank is providing an £18m funding package to Halsbury Homes to fund 81 detached houses at St George’s Park in London.
- Online
PPE manufacturer expands into logistics space in Birmingham
CBRE Global Investors has signed a 16-year lease on 120,000 sq ft of logistics space at Hub 120 in Birmingham to personal protective clothing and equipment (PPE) manufacturer Beeswift.
- Online
Allianz Real Estate hires Slade as it embarks on £1bn-plus UK spending spree
Allianz Real Estate has appointed John Slade as a senior advisor as the German insurance giant plots a £1bn-plus property investment programme in the capital, Property Week can reveal.
- Online
NAV down at RDI as it continues to re-focus portfolio
RDI REIT suffered a near 10% fall in net asset value (NAV) in the six months to the end of February alongside a fall in other key measures.
- Online
PHP buys 20 health centres for almost £50m
Primary Health Properties (PHP) has acquired a portfolio of 20 medical centres across England and Wales for £47.1m.
