All articles by David Parsley – Page 26
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Ellandi lands asset management role at Leicester’s Highcross centre
Ellandi has been appointed as strategic asset manager at the Highcross Shopping Centre in Leicester.
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Cineworld falls into administration in UK, but screens will remain open
Struggling cinema chain Cineworld has filed for administration in the UK as part of a restructuring plan that will see shares in the world’s second-largest cinema chain being suspended.
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Aviva Investors completes pre-let to law firm at One Liverpool Street
Aviva Investors has completed a pre-let at its One Liverpool Street development in London to the world’s largest law firm Dentons.
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Avant Homes appoints Felton as East Midlands MD
Avant Homes East Midlands has appointed Ben Felton as managing director to lead the housebuilder’s regional expansion strategy.
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Urban Logistics’ net tangible assets fall 14%
Urban Logistics REIT’s net tangible assets (NTA) fell 14% in the year to the end of March, as outward yield movements impacted the property sector.
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CK still lacking support for Civitas bid 24hrs ahead of deadline
Investor support for CK Asset Holding’s £485m bid for Civitas Social Housing remains weak just a day ahead of the bid deadline.
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Regal Property Group seeks funding for £200m Birmingham BTR scheme
Regal Property Group is seeking forward funding for a £200m build-to-rent scheme in Birmingham.
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Landsec launches ‘transformation plan’ for retail destinations
Landsec is launching a ‘transformation plan’ to invest in its prime retail destinations as it seeks to boost growth at its leading shopping assets.
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Berkeley boss claims planning regime is ‘constraining investment’
Rob Perrins, chief executive of upmarket housebuilding group Berkeley, has slammed red tape in the planning system that he claims is holding back the development of homes.
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Berkeley chosen to develop £2.2bn Birmingham estate
Berkeley Group’s St Joseph Homes business has won the tender to become development partner for the regeneration of the vast Ladywood Estate in Birmingham.
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Aermont joins race for Center Parcs
Pinewood film studios owner Aermont is reported to have joined the list of bidders for upmarket holiday village group Center Parcs.
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Coltham and Delancey form logistics JV platform
Developer and asset manager Coltham has joined forces with Jamie Ritblat’s Delancey to launch UK logistics platform Greenlight.
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Glenbrook gets green light for 639-home Manchester scheme
Manchester’s Trafford Council has approved a £160m scheme with 639 private and affordable homes along with 5.4 acres of public realm from residential developer Glenbrook Property.
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Avant Homes begins construction of 113-home Barnsley scheme
Avant Homes has started developing 113 homes on a nine-acre site near Barnsley with a gross development value of around £28m.
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Savills IM strikes £50m off-market BTR deal
Savills Investment Management has acquitred two single-family housing development sites in the Midlands in a forward-funding deal.
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CK struggles to persuade investors to back £485m Civitas bid
Hong Kong property investment giant CK is making slow progress in securing support for its bid for Civitas Social Housing, just four days ahead of Friday’s bid deadline.
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Hines and Clowes complete Nottingham sheds
Property investment group Hines and Clowes Developments have completed three industrial units at Fairham Business Park in Nottingham totalling 268,814 sq ft.
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OnTheMarket launches financial services unit
Property portal OnTheMarket has launched OnTheMarket Money, a division to provide homebuyers with financial advice.
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Crest Nicholson warns of further house price falls
Housebuilding giant Crest Nicholson has warned of further slowdown in the housing market as it posted a more than 60% slump in half-year profit, as higher mortgage rates and broader economic worries dampened demand from buyers.
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NAV slumps 19% at Schroder REIT
Schroder REIT has suffered a 19% fall in net asset value (NAV) to £300.7m in the year to the end of March, compared to £371.2m for the previous year, as yields expanded by 152 basis points to 7.8% as a result of interest rates rising after Liz Truss’ widely-criticised ...