Latest Finance News
M&G Real Estate has completed an initial close of its first value add fund – the M&G UK Enhanced Value Fund (UKEV) – with investor commitments totalling £125m.
Retail giant Hammerson is set to fall out of the FTSE 100, following a sharp fall in its share price in the wake of its agreed takeover of rival Intu in December.
Four former leading members of the real estate team at HSBC Alternative Investments have set up a new property investment company with $550m (£391m) of assets and new capital from Woodman Group.
TH Real Estate has provided financing to Korean investor Samsung SRA Investment Management for the £315m acquisition of 200 Aldersgate in the City of London.
JLL falls well behind CBRE as firm’s profits are hit by the poor performance of its Integral business.
PRS REIT has brought forward the closing date of its £250m fund raising following strong levels of demand from investors.
Segro has delivered sharp increases in net asset value, profits and dividends for the year to 31 December 2017, benefitting from a supply shortage of logistical space.
Year ends on high for retail funds with net inflows of £267m in Q4 boosted by strong December.
Software and advisory firm Altus Group has bought commercial property consultancy Aspect Property Consultants.
Mayor’s Office for Policing and Crime to buy £240m Empress State Building in Earl’s Court from Capco.
Values in the UK commercial property market are moving closer to “danger territory”, according to a new metric launched by the Property Industry Alliance.
The busiest week of the year so far for property group reporting figures sees Capital & Counties (Capco), Unite, Intu and Rightmove all report annual numbers.