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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Investor famous for targeting underperforming companies grows holdings following collapse of intu deal.
Rockspring Property Investment Managers has launched the seventh fund in its TransEuropean series (TEP VII) with a €100m first close.
Sigma Capital has posted an 11% rise in net assets per share to 45.1p for the year to 31 December, from 40.7p at the end of the previous year.
Grosvenor Group, the Duke of Westminster’s property group, recorded revenue profit of £143.5m in 2017, 81% up on the 2016 figure of £79.2m.
Workspace Group has paid £76.5m for Centro 1 and 2, completing its acquisition of all seven Centro buildings in Camden, London.
JLL chief executive Christian Ulbrich’s total pay package rockets 53% to more than $9m (£6.4m) in 2017, as the firm outlines a raft of changes to its executive pay policy following last year’s shareholder rebellion.
Chief executive slams analysts’ ‘myths’ about portfolio’s quality following collapse of Hammerson merger.