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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The FTSE 100 ended Monday’s session 47 points lower at 7,247.
It is said revenue is vanity while profit is sanity. There must be a lot of mirrors and people losing their minds in JLL’s UK HQ then.
PRS REIT has brought forward the closing date of its £250m fund raising following strong levels of demand from investors.
The busiest week of the year so far for property group reporting figures sees Capital & Counties (Capco), Unite, Intu and Rightmove all report annual numbers.
Candriam Investors Group has bought 40% of Tristan Capital Partners, and has an option to increase its ownership of the group.
A strong pound weighed on the blue-chip index after the Bank of England suggested interest rates may rise sooner and more sharply than expected.
NatWest has appointed Phil Hooper as head of the bank’s real estate finance team.
Pegasus Group has appointed Simon Tarr to the new position of director of property and acquisition.