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WeWork London

WeWork accepts SoftBank rescue deal


WeWork’s board has approved investor SoftBank’s multi-billion dollar rescue deal, which will see the telecoms giant assume control of around 80% of the struggling business.

Offshore investment

Global real estate investment at record high, but institutions remain under exposed


Despite concerns about asset valuations and weakening economic growth, the appetite for investment in commercial real estate among global institutions has reached its highest point in seven years, according to new research.

Earls Court Seagrave Block

Candy eyes bid for Capco


Residential property tycoon Nick Candy has confirmed he has joined forces with Saudi Aradia’s Public Investment Fund to launch a bid for Earls Court and Covent Garden owner Capital & Counties (Capco).


WeWork valued at just £6.1bn as Softbank moves to take control


SoftBank is in advanced talks to take a majority stake in troubled flexible office group WeWork, in a deal that values the group at just $8bn (£6.1bn).


Wise Living secures £33m BTR boost


The SDL Group’s build-to-rent (BTR) arm Wise Living has secured a further £33m of funding from investors ICG-Longbow.

L&G Affordable Homes

L&G appoints Capco director as it prepares for £750m affordable homes push


Legal & General Affordable Homes is to pump £750m into new affordable housing projects across the UK, increasing its development pipeline to nearly 3,500 homes, across 41 schemes.

A Elliott & S Clifton - Knight Frank

Knight Frank reports dip in turnover and profits


Knight Frank has reported a dip in both turnover and profits in annual results.


OakNorth lends Marden Homes £17.8m for Essex development


Challenger bank OakNorth has provided housebuilder Marden Homes with £17.8m for a new residential development in Chelmsford.


Brexit uncertainty leads Shiva to delay Hotel Income REIT flotation


Shiva Hotels has delayed the £150m initial public offering of its subsidiary Hotel Income REIT because of Brexit uncertainty.

Generic office

Regional REIT buys UK office portfolio


Regional REIT has paid £27.7m for a portfolio of four office assets.

Shopping centre

Growthpoint agrees deal for Capital & Regional


South Africa’s Growthpoint Properties has agreed a deal to acquire a majority stake in Capital & Regional through a combination of a partial offer and a subscription of new shares.

Generic finance graph fall

Lenders reveal extent of fears about retail property and WeWork


Anonymous comments provided by lenders for the Cass real estate lending report reveal how nervous they are about the outlook for retail property and WeWork’s ‘distorting’ impact on the office market.

All finance news


Investors flock to alternatives

2019-10-11T00:00:00+01:00By Manish Chande

Political and economic uncertainty is driving investors to reconsider their investment portfolios and driving them towards alternatives more than ever.

More finance news

Property Funds


Wise Living secures £33m BTR boost


The SDL Group’s build-to-rent (BTR) arm Wise Living has secured a further £33m of funding from investors ICG-Longbow.

More property fund management news


Commercial lending rises despite global uncertainty


Lending in the commercial property market grew in the first six months of 2019, despite the lack of property transactions and political risks.

PW Share Index

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