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
OnlineMcCarthy boss Fenton quits after issuing profit warning
McCarthy & Stone boss Clive Fenton has revealed he is to quit, after the retirement home developer issued a profit warning following a “noticeable decline” in reservations.
OnlineCountryside and Sigma to develop 5,000 PRS homes
Countryside Properties has revealed an expansion of its strategic partnership with Sigma Capital Group that will see the two companies target the delivery of a further 5,000 private rental sector homes over the next three years.
OnlineImpact secures £50m credit line
Impact Healthcare REIT has agreed a £50m five-year loan facility with Metro Bank.
OnlineSingapore group buys AXA’s Ropemaker for £650m
AXA Investment Managers-Real Assets has sold Ropemaker Place, in the City of London, to a subsidiary of Singapore’s Ho Bee Land for £650m.
OnlineFirst Property reports robust annual figures
First Property Group has reported an 11% rise in net asset value in its annual result this morning.
OnlineHouse prices up but growth slows
House prices in the three months to May were 1.9% higher than at the same point last year, but growth is slower than the 2.2% annual growth in April, the latest Halifax survey has shown.
OnlineHouse of Fraser set to close 31 stores
House of Fraser is set to close more than half its 59 department stores, which could lead to the loss of 6,000 jobs, as another CVA hits the UK high street.
OnlineOnTheMarket reveals heavy losses and a fall in listings for 2017
OnTheMarket has revealed an operating loss of £10.8m in its annual results following a lack of cash and a costly litigation battle in the run up to its float on the junior stock market earlier this year.
OnlineNewRiver buys Grays shopping centre
NewRiver has paid £20.2m for Grays Shopping Centre in Essex, and has unveiled plans to add a hotel, flats, gym, and supermarket to the scheme.
OnlineInland Homes sells Ashford site in £95m land and development deal
Inland Homes has sold its Brooklands College site in Ashford, Middlesex, to housing association A2 Dominion in a £94.7m deal.
OnlineRockspring buys three assets for £54m
Rockspring Property Investment Managers has paid £54m for three individual assets across the UK, comprising two reversionary office assets in London and a Holiday Inn hotel in York.
OnlineYew Grove raises €75m for London and Dublin float
Yew Grove REIT, the newly incorporated Irish real estate investment trust, has raised €75m (£66m) ahead of a dual listing in London and Dublin next week.
OnlinePicton posts solid annual figures
Picton has revealed a 10% rise in net asset value (NAV) and a total return of 14.9% in its latest annual results.
OnlineHelical sells last three non-core assets
Helical has sold the last of its non-core assets, completing its strategy to become entirely London and Manchester focused.
OnlineTopland targets £250m of new development loans
Sol Zakay’s Topland has allocated a £250m war chest to lend to developers as it expands its structured finance arm.
OnlineSt Modwen progresses with retail exit as home sales rise sharply
St Modwen has almost reached its target to sell £100m-£150m of retail assets as the group continued its strategy to reduce its exposure to weaker property sectors.
OnlineBarings lends £83m on Hao Tian’s Corn Exchange deal
Barings Real Estate has provided a £83m loan to support the freehold acquisition of the Corn Exchange in the City of London by Hao Tian Asia Investment Company.
OnlineVT RM launches ‘defensive’ asset fund
VT RM Alternative Income Fund (RMAI), an actively managed open-ended fund investing in defensive, income producing alternative assets has launched today, managed by RM Funds, the specialist alternative investment manager.
OnlineLending to property SMEs falls 9%
Bank lending to small and medium-sized enterprises (SMEs) in the UK property sector has fallen 9% in the last year from £13.9bn to £12.7bn, figures from the Bank of England have shown.
InsightBest of British: Chris Grigg interview
British Land head Chris Grigg refuses to rule out a merger with the firm’s biggest rival, preferring to flag up its success in riding out the retail storm and rising to the flexible office challenge.
