All articles by David Parsley
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OnlineCustodian hit by retail woes
Net asset value (NAV) and profit at Custodian REIT slipped in the first half of the year as it was hit by turmoil in the retail market and continued political uncertainty.
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Online
Purplebricks halves losses in first half as Axel Springer continues to ponder takeover bid
Online estate agent Purplebricks slashed first half losses after a tumultuous period that witnessed the ousting of its founder Michael Bruce and its exit from the Australian and US markets.
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News
Scannell appoints new director
Scannell Properties has appointed Geoffrey Pizzanelli as its capital deployment director for Europe and the UK.
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Online
Blackstone buys US industrial portfolio for $5.7bn
Colony Capital completed the sale of its Light Industrial logistics assets and its affiliated industrial operating platform to an affiliate of Blackstone for $5.7 billion (£4.3bn).
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Online
OnTheMarket converts 3,000 more paid contract agents
OnTheMarket has signed up more than 3,000 more agent offices under new paying contracts to list all their residential properties on the sales portal.
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Online
Atrium shifts retail focus to enter PRS market in Central Europe
Atrium European Real Estate has completed a strategic review that will see it enter the PRS market alongside its retail focus in Central Europe.
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Online
DFI hires development director as focus turns to Olympia
Deutsche Finance International (DFI), the London based pan-European private equity real estate investor, has hired Oliver Gardiner as development director.
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Online
Circle produces solid half-year results
Circle Property, the regional office investor, achieved a 7.2% increase in annual rental income to £8.2m during the six months to the end of September after the group completed its largest ever acquisition.
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Online
NAV flat at Schroder European REIT
Net asset value (NAV) at Schroder European REIT remained flat in the year to the end of 30 September, as the group shifted its focus to the higher growth logistics sector.
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Online
Fears of more fund suspensions rise as investor redemptions from Standard Life Aberdeen fund rocket
Investors have withdrawn tens of millions from a Standard Life Aberdeen UK property fund following the suspension of an M G fund earlier this week.
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Online
Patrizia buys €1.2bn European logistics portfolio
Patrizia has paid around €1.2bn (£1bn) for a pan-European portfolio of 42 logistics assets from BentallGreenOak
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News
Long Harbour launches €400m ground lease fund
Long Harbour has launched a €400m (£340m) European ground lease residential and commercial property fund.
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Online
PHP forward funds Eastbourne surgery
Primary Health Properties (PHP) has agreed to provide £8.4m of development funding for a medical centre in Eastbourne, East Sussex.
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Online
NewRiver adds to pub portfolio with £18m Bravo Inns deal
NewRiver REIT has paid £17.9m for Bravo Inns to add to its burgeoning pub portfolio.
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Online
LSL says it’s on track to hit expectations
LSL Property Services, the estate agency group, has revealed it is on track to deliver full year figures in line with expectations as it continues the restructuring of its network of branches.
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Online
St Modwen sells Swansea student scheme for £38m
St Modwen has sold its interests in a purpose-built student accommodation building at Swansea University Bay Campus for £38m.
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Online
Delancey rips up Capco plans for Earls Court as it completes £425m deal for London scheme
Delancey has completed the £425m acquisition of Capco’s interests in the Earls Court development.
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Online
Unite completes Liberty Living deal
Unite Group has completed its £1.4bn acquisition of Liberty Living Group.
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News
Long wait in store for Shaftesbury legal case
Lee’s legal challenge to 2017 rights issue will not reach courts until mid-2021
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Online
Clydesdale and Yorkshire Bank appoints head of hotel and real estate finance
Clydesdale and Yorkshire Bank has appointed Dan Williams as head of its hotel and real estate finance team.
