All articles by David Parsley – Page 6
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Glenveagh produces stable annual figures
The Irish housebuilding giant said its annual profit nudged up 1% during 2023.
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Profit at Taylor Wimpey almost halved but developer sees ‘signs of improvement’
The housebuilder said it would build fewer homes this year due to dampened market demand.
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BlackRock JV secures £105m loan for build-to-rent development
The scheme will comprise 462 self-contained studio units in a 32-storey building.
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Quarterly NAV dips at Schroder REIT
The REIT has said investors will still benefit from an interim dividend of 0.836p per share.
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Dominion Theatre secures long-term future with freehold buy
The London venue has purchased the freehold with a multi-million-pound loan from Lloyds Bank.
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Gresham House secures £22m Leumi loan for Leeds BTR project
The finance will fund the 185-home Spinners Yard development.
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Riverside Capital agrees £14.9m loan for City fringe office repositioning
GRE Finance loan will fund makeover of Old Street Works office building.
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Thriving Investments secures £100m to take Picture Living above 2,000 PRS homes
Thriving Investments has secured a further £100m of equity from Universities Superannuation Scheme (USS) for its flagship private rented sector platform Picture Living.
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Hammerson completes £500m non-core disposal programme with Aberdeen deal
Hammerson has completed its non-core disposal programme following the sale of it Union Square shopping centre for £111m.
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Newcore makes first acquisition in £100m doctors’ surgeries strategy
The investor has purchased a purpose-built surgery in Kent.
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Tristan secures £47m loan to refinance east London office
Leumi UK and Delancey have agreed a deal to refinance Tristan’s One Stratford Place office development.
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Safestore revenue dips 1.4% in first quarter
The self-storage group also posted a decline in turnover and occupancy rates.
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NAV plummets 6.4% at abrdn European Logistics Income
The group has been hit by a 3.9% decline in the value of its portfolio, to £542.8m.
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Vistry sticks with £2.2m CEO pay rise despite shareholder revolt
Housebuilding giant has ignored almost half of its shareholders who voted against a rise in executive pay deals.
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Sussex Uni secures £123m of abrdn funding for PBSA scheme
The West Slope project will create 1,900 student accommodation units.
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BT Tower set to become hotel after £275m sale
The iconic landmark has been snapped up by US group MCR Hotels.
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GRE Finance appoints Grimes and Dickinson in senior roles
Specialist lender has appointed two associate directors as it expands its team.
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Unite forms £250m student digs JV with Newcastle University
Joint venture plans development of 2,000 new student beds.
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Bellway reports sales down 30% in first half but signals recovery is on the way
Housebuilder said fall in revenue was in line with expectations.
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Helical boosts board with two non-exec appointments
London-based developer has recruited Robert Fowlds and Amanda Aldridge.