Finance

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

Latest Finance News

Battersea Power Station

Malaysian groups splash out £1.6bn to buy Battersea Power Station building

2018-12-17T08:19:00+00:00By

Two Malaysian investors have paid £1.6bn to buy the iconic Battersea Power Station building, which sits within phase two of the wider 42-acre scheme in south west London.

Dublin

Starwood joins Urbeo to create €1bn Irish BTR platform

2018-12-17T07:40:00+00:00By

Starwood Capital Group has backed a new €1bn (£900m) new build-to-rent (BTR) residential platform in Ireland with Urbeo Residential and the Ireland Strategic Investment Fund (ISIF).

Nottingham

Kames wins £22m mandate for 'commercial property tracker fund'

2018-12-17T12:55:00+00:00By

Kames Capital has won a £22m mandate from Nottinghamshire County Council Pension Fund to invest in its Kames Active Beta Property Fund.

Somerset House

Circle produces robust half-year figures, but claims Brexit has affected lettings market

2018-12-17T07:56:00+00:00By

Circle Property has reported rises in net asset value (NAV) and profit in its half-year figures.

Tritax EuroBox Rome

Tritax Eurobox increases credit facility by €100m

2018-12-17T11:06:00+00:00By

Tritax Europe has increased its borrowing by €100m taking its total credit facility to €300m.

Springfield Martin Egan Dave Main Innes Smith Tom Leggeat Peter Matthews

Two new MDs appointed as Springfield reports profit growth

2018-12-17T13:08:00+00:00By

Scottish housebuilder Springfield Properties has announced the appointment of two new managing directors in its private housing division alongside a trading update showing revenue and profit growth for H1.

Crosslane Howard Gardens in Cardiff

Investec backs Cardiff PBSA with £19m loan

2018-12-17T12:22:00+00:00By

Investec Structured Property Finance has backed Crosslane Property and Harrison Street Real Estate’s development of a 391-bed purpose-built student accommodation scheme in Cardiff with a £19.4m senior loan.

Brexit flags

Landsec spends '£2-3m' on hard Brexit preparations

2018-12-14T06:00:00+00:00By

Rob Noel, chief executive of Landsec, has revealed that the UK’s largest listed property company has spent “two to three million pounds” on preparations for a hard Brexit.

Royal Park Homes

Royale loan is biggest yet for ICG-Longbow

2018-12-14T00:00:00+00:00By

Non-bank lender provides £200m whole loan to park homes operator Royale.

Giles King Mayfair Capital

Westmount veteran King joins Mayfair Capital to lead thematic growth fund

2018-12-13T08:37:00+00:00By

Swiss Life-owned UK investment manager Mayfair Capital has appointed Westmount co-founder Giles King as fund manager for its UK Thematic Growth Fund.

Michael bruce sold sign purplebricks

Purplebricks posts strong UK performance but losses double

2018-12-13T09:40:00+00:00By

Online estate agent Purplebricks Group has more than doubled its losses to £25.6m in the six months to October, despite growing its profits significantly in the UK.

All finance news

Stock Market

Finance

Housebuilders shares rise as FTSE withstands political turmoil

2018-12-13T08:54:00+00:00

Berkeley Group was the top preforming company on the FTSE 100 on Wednesday with its shares rising 5.71% to 3,500p.

Property Funds

Nottingham

Kames wins £22m mandate for 'commercial property tracker fund'

2018-12-17T12:55:00+00:00By

Kames Capital has won a £22m mandate from Nottinghamshire County Council Pension Fund to invest in its Kames Active Beta Property Fund.

More property fund management news

Tritax EuroBox Rome

Tritax Eurobox increases credit facility by €100m

2018-12-17T11:06:00+00:00

Tritax Europe has increased its borrowing by €100m taking its total credit facility to €300m.

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.

See the latest property share prices

Advertise and apply for jobs at PW4Jobs