Latest Finance News
Regional REIT completes equity raise ahead of target
Regional REIT has raised £62.5m to help fund new acquisition – ahead of its £50m target.
Grainger refinances GRIP portfolio with Rothesay Life
Grainger has refinanced its GRIP portfolio, after it bought the shares of the portfolio that it didn’t own from JV partner APG last year.
LXi REIT completes six acquisitions worth £55m total
LXi REIT has completed six long-let, index-linked acquisitions from separate developers and vendors for a combined £55m, reflecting a weighted average net initial acquisition yield of 5.83%.
Harbert raises €662.4m for European real estate fund
Harbert Management Corporation has raised €662.4m for Harbert European Real Estate Fund V (HEREF V), making it the firm’s largest ever European real estate fund.
Stonegate buys Ei pub group in £3bn deal
Slug and Lettuce-owner Stonegate Pub Company has agreed a deal to buy Ei Group, the pub company formerly known as Enterprise Inns, in a deal that values the group at £2.97bn.
Allsop and Acuitus post solid results but lag July 2018 totals
Allsop Commercial achieves 79% success rate while Acuitus rate hits 86%, its best so far this year
UK property market one of only a few to shrink in 2018
MSCI index reveals that the UK, Australia and Canada were the only markets in the top 10 to fall in size.
Fifth Wall wins over CBRE and Cushman & Wakefield to close second fund at £399m
US proptech venture capital firm Fifth Wall has closed its second real estate technology fund after raising £399m ($503m).
Lloyds splits top real estate job to offer flexibility
Lloyds Bank has appointed Andy Hulme as co-head of its real estate and housing team to work alongside Madeleine McDougall in a move that the bank said would give them more time to support their respective families.
Arrow Capital launches €2bn SIRE joint venture
Arrow Capital Partners has joined forces with a US private equity giant to acquire a €2bn (£1.81bn) portfolio of European industrial and urban logistics assets.
TCS continues to reduce retail exposure to mitigate impact of CVAs
Town Centre Securities has reported a 2.6% rise in rents in a trading update ahead of its annual results in September, but warned of continued disruption in the retail sector.
CLS reaps planning gain from Fulham block
CLS Holdings has sold Quayside Lodge in Fulham to SMC Fulham for £19m.
Parliament takes 100,000 sq ft in Victoria during refurb
Urban Exposure launches bond
Bruntwood SciTech secures £185m green debt deal to power future growth
Mayfair secures loan from Bank of Ireland for thematic fund
IPSX makes two senior hires ahead of first IPOs
Woodford slashes NewRiver stake again
Bank of England and FCA to review open-end funds
Rob Noel to step down as Landsec chief exec
New rent law rocks NYC landlords
New York City’s real estate moguls are reeling from the worst political defeat in their history.
Property Funds
Harbert raises €662.4m for European real estate fund
Harbert Management Corporation has raised €662.4m for Harbert European Real Estate Fund V (HEREF V), making it the firm’s largest ever European real estate fund.
Grainger refinances GRIP portfolio with Rothesay Life
Grainger has refinanced its GRIP portfolio, after it bought the shares of the portfolio that it didn’t own from JV partner APG last year.
PW Share Index
Review the latest share prices of the FTSE-listed property investment companies using data provided by the European Public Real Estate Association.
