David Parsley

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  Online

  Branch closures hit LSL sales, but profit ahead of forecasts

  2020-01-28T08:24:00

  LSL Property Services has revealed it expects the group’s underlying operating profit for 2019 to come in “slightly ahead” of expectations, despite a 4% drop in revenue.

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  Online

  Profit plummets 25% at McCarthy & Stone

  2020-01-28T08:20:00

  Annual profit at retirement home developer and manager McCarthy & Stone has slumped 25%, despite an 8% rise in revenue.

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  Online

  Intu sells Spanish shopping centre for €290m

  2020-01-28T08:15:00

  Shopping centre giant Intu and its joint venture partner the Canada Pension Plan Investment Board have sold its Asturias mall in Spain, to the ECE European Prime Shopping Centre Fund II for €290m (£245m).

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  Online

  Redding quits Segro amid management overhaul

  2020-01-28T08:11:00

  Segro’s chief investment officer Phil Redding is leaving after 25 years amid a senior management overhaul at the industrial and logistics giant.

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  Online

  Cabot Square plots £200m float

  2020-01-27T07:54:00

  Cabot Square Alternatives (ALTS) is targeting a £200m listing on the London Stock Exchange, claiming it will provide a new model for investors to access the sector.

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  Online

  Property sector suffers largest rise of firms in financial trouble, says report

  2020-01-27T07:38:00

  The real estate and construction industry has suffered the largest rise in the number of businesses in ‘significant financial distress’, according to the latest Begbies Traynor Red Flag Alert.

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  Online

  Student digs giant UPP appoints NHS property boss as new CEO

  2020-01-17T07:15:00

  Student accommodation giant UPP has appointed NHS Property Services boss Elaine Hewitt as its new chief executive, Property Week can reveal.

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  News

  REI seeks to buy other regional property firms

  2020-01-17T00:00:00

  Chief executive Paul Bassi says he expects 2020 to be ‘a year of consolidation’

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  Online

  TOG agrees £120m debt deal on Midtown office with Allianz

  2020-01-14T08:45:00

  Allianz Real Estate has agreed a £120m of debt financing with The Office Group (TOG) for the acquisition and refurbishment of Chancery House in London.

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  Online

  Persimmon pay scandal boss takes top job at Yorkshire housebuilder

  2020-01-14T08:15:00

  The disgraced former Persimmon boss, who quit after an outcry over his £100m pay deal, has been appointed chief executive of another housebuilder.

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  Online

  Full-year figures will be at “upper end” of expectations says Savills

  2020-01-13T07:35:00

  Savills is expecting its underlying figures for 2019 will be at the upper end of expectations, despite the Hong Kong protests affecting the firm’s Asian business.

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  News

  Singapore’s Elite pays £165m for DWP assets

  2020-01-09T00:00:00

  Telereal Trillium sells three government-let portfolios to overseas investor.

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  Online

  Real Estate Investors has eye on acquisitions

  2020-01-08T08:27:00

  Midlands-based commercial property group Real Estate Investors has hinted it is on the acquisition trail in its latest update to the market.

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  Online

  CLS pays £19m for Staines office scheme

  2020-01-08T08:00:00

  CLS Holdings has paid £19m to snap up an office block in Staines.

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  Online

  Safestore reports solid growth in revenue and profits

  2020-01-07T08:42:00

  Storage group Safestore has reported solid growth in both revenue and profits in full year results.

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  Online

  Glenveagh trebles sales and revenue

  2020-01-07T08:19:00

  Irish housebuilder Glenveagh Properties more than trebled revenue last year, as it sold a record number of homes.

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  Online

  Harworth buys industrial scheme in Yorkshire and sells Solar Portfolio

  2020-01-07T07:54:00

  Harworth Group has bought an industrial unit in Yorkshire for £9.2m and sold a portfolio of freehold land for £5m.

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  Online

  Sirius buys two German business parks

  2020-01-06T08:07:00

  Sirius Real Estate has paid €33.4m (£28.5m) for two business parks in Germany.

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  Online

  Bovis completes £1.1bn deal for Galliford’s housebuilding arm

  2020-01-03T07:33:00

  Bovis Homes has completed the £1.1bn cash and shares deal to buy Galliford Try’s housebuilding business.

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  Online

  Regional REIT buys office asset at Edinburgh business park

  2019-12-31T08:03:00

  Regional REIT has paid £10.3m to buy an office asset in one of Scotland’s leading business parks.

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