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.
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Property Franchise Group appoints SME expert Noyce to board
Estate agency network The Property Franchise Group has appointed Claire Louise Noyce as a non-executive director.
FDC secures £30m following year of record lending to SMEs
Frontier Development Capital (FDC) has raised a further £30m from existing investors West Midlands Pension Fund and British Business Investments after completing a record year for investment.
Kajima promotes Karia to finance director
Pan-European real assets business Kajima has appointed Anuja Karia as finance director at Kajima Properties (Europe) and Kajima Student Housing.
British Land launches Innovation Advisory Council to support life science and innovation growth
British Land has established an Innovation Advisory Council of five leading academics and executives who will advise it on the development of 1.9m sq ft of lab and innovation space.
Harcus Parker vows to continue legal fight against Home REIT
Law firm Harcus Parker has vowed to continue with its legal action against Home REIT, despite the social housing provider blaming its woes on a former adviser.
Home REIT blames investment adviser for woes following internal investigaton
The board of under-fire social housing group Home REIT has claimed investment adviser Alvarium did not inform it of problems with its portfolio, following an internal probe into alleged wrongdoings.
LendInvest sells BTL portfolio for £243m
LendInvest has sold a portfolio of buy-to-let residential mortgages to Chetwood Financial for £243m.
Sirius agrees early new lending deal
Sirius Real Estate has agreed an early refinancing of the company’s next major debt expiry with German lender Deutsche Pfandbriefbank.
CapReg shows improvement but footfall remains below pre-Covid levels
Shopping centre group Capital & Regional saw footfall during the four months to the end of April rise 4.8% compared to 2022, but it remains below pre-pandemic levels.
Workspace produces robust annual figures despite macroeconomic headwinds
Workspace Group has posted a 34% rise in rental income as the SME office space specialist avoided the sharp falls in valuations suffered by other property groups.
GPE boss Courtauld boasts stronger annual performance than Landsec and British Land
Great Portland Estates chief executive Toby Courtauld has claimed a strong set of annual results after the group’s valuation losses were lower than at rivals Landsec and British Land.
Empiric Student Property issues confident update ahead of next academic year
Empiric Student Property has revealed that it expects average rents to rise by more than 7% during the 2023/24 academic year.
LondonMetric agrees £200m takeover of CT Property Trust
LondonMetric has agreed a deal to buy rival CT Property Trust (CTPT) for £198.6m.
Downing closes £25m Peckham development loan
Investment manager Downing has completed a £25m development loan on a scheme in Peckham, London.
Watkin Jones set for £500m-plus of deals as forward funding returns
Watkin Jones is set for more than £500m of forward funding deals after failing to secure any during the first half of its financial year, it can be revealed.
Amro enters joint venture with Japan’s NTT to fund London co-living scheme
Amro Partners and NTT UD Europe have formed a joint venture partnership to fund development of The Rex co-living project opposite Kingston train station in west London.
Inland Homes secures planning for Hounslow development
Inland Homes has gained planning consent for its mixed-use development comprising 1,525 homes and 30,000 sq ft of commercial space at Cavalry Barracks in West Hounslow, London.
Godwin submits planning for mixed-use Wisbech scheme
Godwin Developments has submitted an outline planning application for a range of commercial uses for its 9.5-acre site in Wisbech, Cambridgeshire.
Dominus hires projects director
Dominus has appointed Will Charlton as its new projects director to help grow the group’s UK pipeline.
Ediston considers sale and merger options as NAV suffers sharp fall
Ediston Property Investment is considering a sale or merger of the business, after it posted a 15.3% fall in net asset value (NAV) for the six months to the end of March.