Finance

All the latest property financial news covering trading updates, lenders, funds, REITS, M&A and private investors

Latest Finance News

Chris Grigg

British Land boss attacks CVA ‘loophole’ for retailers

2018-05-25T00:00:00+01:00By

Head of UK’s second-largest property company says ‘loophole in the law’ puts landlords at a disadvantage.

Gpe 160 old st

Great Portland Estates set to offload £455m of assets

2018-05-25T00:01:00+01:00By

Chief executive says the London developer is considering selling long-dated assets over the next two years

Uxbridge waterside and riverview

Reditum Capital to finance Uxbridge scheme

2018-05-25T00:00:00+01:00By

Reditum Capital has provided a £14.3m mezzanine loan to help finance the redevelopment of the landmark Xerox campus in Uxbridge into a residential scheme that will offer Help to Buy flats.

Landsec 21 Moorfields

Deutsche Bank set to contract UK operations

2018-05-24T12:37:00+01:00By

Deutsche Bank has announced plans cut more than 7,000 jobs globally, with its UK offices and investment banking business in London likely to be heavily affected in terms of space requirements.

Westfield

Westfield shareholders approve Unibail takeover

2018-05-24T10:18:00+01:00By

The shareholders of Westfield Corporation have approved the acquisition of the company by Unibail-Rodamco, clearing the final hurdle for the £18.5bn takeover deal.

Covent Garden

Capco proposes demerger and appoints new chairman

2018-05-24T08:00:00+01:00By

Capital & Counties Properties (Capco) has announced plans for a potential demerger that would split its two core holdings at Covent Garden and Earls Court into two separately listed businesses.

Allan Lockhart

NewRiver completes £107m Hawthorn acquisition alongside strong annual results

2018-05-24T08:19:00+01:00By

NewRiver REIT has completed the acquisition of pub landlord Hawthorn Leisure for a final value of £106.8m and posted strong annual results including a 26% rise in IFRS profit after tax.

Birch Coppice business park Tritax

Tritax eyes European logistics IPO

2018-05-24T07:27:00+01:00By

Tritax has announced plans to launch a new UK investment trust focused on investing in the continental European logistics market through an IPO on the London Stock Exchange.

A2Dominion

IFM Investors enters social housing to back A2Dominion with £60m private debt financing

2018-05-24T12:17:00+01:00By

Housing association A2Dominion has secured £60m debt financing from IFM Investors, a global provider of investment services to institutional investors.

Gerald Kaye

Helical posts EPRA NAV loss after 'transformational' year

2018-05-24T08:26:00+01:00By

Helical has posted a 1.1% fall in EPRA NAV as part of annual results to 31 March during a “transformational” year in which it completed the reduction of the number assets in its portfolio from 84 to 12.

Toby Courtauld

GPE backs away from acquisitions during ‘economic uncertainty’

2018-05-23T07:20:00+01:00By

The boss of GPE has said the group is expecting a softening in market rents and some secondary asset yields, and is not in the market to buy new assets as Brexit and uncertainty around the UK economy impacts the property market.

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CapCo shares up on demerger announcement

2018-05-25T06:30:00+01:00

CapCo rose 2.16% on the FTSE 250 on Thursday to 302.10p, after the company announced plans for a potential demerger that would split its two core holdings at Covent Garden and Earls Court into two separately listed businesses.

Uxbridge waterside and riverview

Reditum Capital to finance Uxbridge scheme

2018-05-25T00:00:00+01:00

Reditum Capital has provided a £14.3m mezzanine loan to help finance the redevelopment of the landmark Xerox campus in Uxbridge into a residential scheme that will offer Help to Buy flats.

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