All articles by David Parsley
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Online
Empiric appoints new chief financial and sustainability officer
Empiric Student Property has appointed Donald Grant as chief financial and sustainability officer.
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Tritax reveals robust half-year figures
Tritax Big Box REIT has posted a 9% rise in net tangible assets (NTA) during the six months to the end of June.
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NTA nudges up at Target Healthcare
Care home group Target Healthcare has revealed that net tangible assets (NTA) nudged up 0.4% during the three months to the end of June.
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Taylor Wimpey reports 16% leap in profit for first half
Housebuilder Taylor Wimpey hiked profit forecasts to the top of full year estimates after a strong first half in which it beat housing completion targets.
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Activist investor repeats calls for Purplebricks chairman to quit after poor annual figures
Activist investor Adam Smith has repeated his call for Purplebricks chairman Paul Pindar to quit after the property portal reported a pre-tax loss of £34.8m in its annual results.
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NTA dips at Capco as it closes in on Shaftesbury merger
Capital and Counties (Capco) has revealed the value of net tangible assets (NTA) dipped in the six months to the end of June despite an increase in the value of its portfolio.
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ilke Homes joins forces with Orbit on modular housing scheme in Hastings
Modular housing group ilke Homes has entered into a land led package deal with Orbit Homes to deliver 140 affordable homes in Hastings, East Sussex.
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Government agrees £540m Yorkshire devolution deal
Levelling up secretary Greg Clark is set to sign a devolution deal in Yorkshire on Monday, which will create a new combined authority across the region with a directly elected mayor.
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Silbury provides almost £100m of loans for resi schemes
Silbury Finance has completed two senior development loans, totalling £96.5m, to fund the delivery of residential-for-sale schemes on the Old Kent Road in London and in Reading.
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Belvoir revenue rises 11% in first half
Belvoir Group, the UK estate agency franchise and financial services group, has revealed a rise in revenue for the six months to the end of June.
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Beattie steps down as CFO at OnTheMarket
Clive Beattie has resigned as chief financial officer of property portal OnTheMarket to pursue another opportunity.
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Gagné yields results from Hammerson’s strategy shift
Hammerson has beaten first-half forecasts with as chief executive Rita-Rose Gagné’s strategy shift resulted in a recovery in the retail property group’s fortunes.
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Segro continues to benefit from high demand and low supply of logistics space
Segro has reported a 10% rise net asset value during the first half of its financial year as the company continued to be boosted from high customer demand and low supply.
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Quarterly NAV rises at Picton
Picton has revealed a 2% increase in net asset value (NAV) during the three months to the end of June.
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Unite posts strong interim figures
Student giant Unite has posted sharp rises in net asset value (NAV), earnings and profit for the first six months of the year as reservations returned to pre-pandemic levels.
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Corvette Capital makes first foray into PBSA market with Crown Student Living
Crown Student Living has joined forces with Corvette Capital to create a new purpose-built student accommodation (PBSA) partnership.
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Landhold secures £13.5m resi loan from Investec
Landhold Developments has secured a £13.5m loan from Investec Real Estate to fund the construction of 36 homes in Clapham, South West London.
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NewRiver provides positive update ahead of AGM
NewRiver REIT has told investors that the group had a “fourth consecutive quarter of positive leasing” ahead of its Annual General Meeting on Tuesday.
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Moorfield and Peloton in £100m open storage JV
Peloton Real Estate and Moorfield Group have formed a joint venture to target an initial £100m portfolio of open storage assets throughout the UK.
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BTR sectors attracts £890m of investment in second quarter
The UK build-to-rent (BTR) market attracted £890m of invested during the second quarter of the year, according to new research from Cushman & Wakefield.