All articles by David Parsley – Page 18
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Online
LondonMetric sells industrial portfolio to Hines for £40.5m
LondonMetric Property has sold a portfolio of four multi-let industrial estates to Hines for £40.5m, marking its exit from operational multi-let industrial assets.
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Online
Profit slumps 89% at Irish housebuilder Glenveagh, but order book looks healthy
Profit at Irish housebuilder Glenveagh Properties has plummeted during the first six months of its financial year as planning delays hit development.
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Online
Warehouse REIT appoints O’Rourke as non-exec director
Warehouse REIT has appointed Next director Dominic as an independent non-executive director.
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Online
Quintain completes refinancing for Wembley Park
Quintain has agreed a £780m refinancing of its Wembley Park scheme with lenders JP Morgan and Cheyne Capital.
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Online
Redrow posts falling sales and profit as economic downturn bites
Housebuilder Redrow has warned earnings could more than halve over the year ahead amid a “challenging and uncertain” property market.
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Online
Inland Homes development arm breaches lending covenants
Housebuilder Inland Homes has revealed that its development subsidiary has breached lending covenants.
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Harworth's £1bn strategy on course despite profit and NAV drops
Regeneration specialist Harworth has said its plans to become a £1bn business remain on track, despite operating profit for the first half of the year slumping to £8m, from £99.9m a year earlier.
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Online
Property Franchise Group posts 11% rise in half-year profit
Estate agency business Property Franchise Group has posted an 11% rise in profit for the six months to the end of June.
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Online
Hines moves into new Covent Garden HQ
Real estate investment group Hines has opened its new European headquarters at the Grainhouse development in Covent Garden, London.
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Online
RO Group appoints Bajri as first head of sustainability
The RO Group has appointed Ana Bajri from Countrywide Surveying Services as its first head of sustainability.
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Online
Four & Co appoints new associate director from GCW
London-based retail and leisure property specialist Four & Co has appointed Holly Kiely as an associate director within the business, where she will be working on a mix of lease advisory and agency instructions.
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Online
Related Argent’s Partridge joins Standard Gas advisory board
David Partridge, chairman of UK property company Related Argent, has joined the advisory board of Standard Gas Technologies.
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Online
Knight Frank appoints new global sustainability head
Knight Frank has appointed David Goatman to the newly created role of global head of energy and sustainability services.
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Online
Vistry’s shares soar on merger plans for housebuilding and affordable homes arm
Investors have welcomed Vistry’s plans to merge its housebuilding and affordable homes divisions, after it posted a more than 8% fall in profits for the first half of this year.
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Online
Topland strengthens team with trio of appointments
Privately-owned investment group Topland has appointed James Conolly to its structured finance team, Alex Bailey to its development team and Ben Husbands to its finance teams as it targets further growth.
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Online
LondonMetric sells almost £17m of assets
LondonMetric Property has sold four long-income and retail assets for £16.9m, in line with book value.
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News
Pink steps up to head European real estate at Barings
Barings has promoted Nick Pink, currently head of real estate portfolio management Europe, to the role of head of European real estate, following the news that current European head Charles Weeks has decided to retire.
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Online
Network Homes and Sovereign join to form housing association giant
Network Homes and Sovereign Housing Association have agreed to merge to form Sovereign Network Group (SNG), creating one of the UK’s largest housing associations.
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Online
Berkeley to resume land acquisition ‘selectively’
Upmarket housebuilder Berkeley Group will tell investors at its annual general meeting today (Friday) that it is on course to hit its profit forecast and will lift its pause on land acquisition for developments, but only selectively.
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Online
Home REIT loses another tenant as Supportive Homes CIC goes under
Home REIT tenant Supportive Homes CIC has entered a creditors’ voluntary liquidation, just weeks after it filed to be dissolved.