Finance

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

Latest Finance News

Citigroup EMEA Centre

Citigroup to buy London HQ as appeal of ownership grows

2019-02-22T00:00:00+00:00By

Change in accounting rules makes owner-occupation more attractive to some corporate occupiers

Matthew Weiner

​U+I warns of delays to Kensington scheme as gains hit £30m

2019-02-22T09:08:00+00:00By

U+I has revealed that its development and trading gains for the financial year to date have reached about £30m following the sale of the residential sites at Preston Barracks in Brighton but that the company has been hit by delays at its Kensington Church Street scheme.

Finance

Eurozone office yields to harden

2019-02-22T00:00:00+00:00By

Capital Economics has reversed its forecast for office yields in the eurozone as a result of a slowdown in economic growth in the bloc.

UKCM St George's Retail Park

UKCM refinances debt facilities with Barings and Barclays

2019-02-21T08:54:00+00:00By

UK Commercial Property REIT has refinanced its debt with facilities from Barings Real Estate and Barclays.

Investment

First non-London loan for Mayfair

2019-02-21T00:00:00+00:00By

Mayfair Capital has raised additional equity for its residential debt fund and undertaken its first loan outside London to support Ktesius’s redevelopment of the Astoria Cinema in Brighton.

intu Trafford Centre

Intu shares slump as dividend is suspended

2019-02-20T09:13:00+00:00By

Intu shares have fallen 10% in early trading after the shopping centre landlord suspended its dividend and reported a 13.3% fall in capital values in full-year results.

BBL 2

Newcore Capital submits plans for non-profit oxford scheme

2019-02-20T12:16:00+00:00By

Newcore Capital has submitted plans for a non-profit regeneration scheme in the Oxford area of Blackbird Leys.

Sainsburys south woodford

Watchdog warns disposals necessary for Asda-Sainsbury's merger

2019-02-20T09:13:00+00:00By

The UK’s competition watchdog has said Sainsbury’s and Asda may have to offload a ‘significant number of stores’ if the proposed merger is to be approved.

Blackhorse-Road

Telford sells Walthamstow BTR scheme for £105.5m

2019-02-19T09:07:00+00:00By

Telford Homes has sold its Equipment Works build-to-rent development to a joint venture between Henderson Park and Greystar for £105.5m.

Paris

H.I.G exceeds European real estate fund target

2019-02-19T11:10:00+00:00By

H.I.G. Capital has closed its first dedicated European real estate fund on €673m (£589m), exceeding its €500m target.

David Paine

Aberdeen Standard buys Asian real estate manager

2019-02-19T09:10:00+00:00By

Standard Life Aberdeen has expanded into the Asian real estate market with the acquisition of Hong Kong-based Orion Partners.

sheffield-overview

Sheffield City investment fund completes first cycle

2019-02-19T11:05:00+00:00By

The SCR Jessica Fund has completed its first cycle of investment and is reinvesting £25.5m into the Sheffield City region.

All finance news

Modern flats

Housing broken but not unfixable

2019-02-22T00:00:00+00:00By Bill Hughes

Despite Brexit stealing the limelight, housing remains a top government priority. In fact, there is rare cross-Whitehall agreement that the UK’s housing market is broken and innovation is urgently needed in the supply chain.

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Stock Market

Getty stock market data large

Intu share price falls 8% following results

2019-02-21T08:56:00+00:00

Intu was among the worst performers on the FTSE All Share on Wednesday as its share price fell 7.79% to 108.95p after it suspended its dividend and revealed a 13.3% drop in capital values in its full year results.

Property Funds

Paris

H.I.G exceeds European real estate fund target

2019-02-19T11:10:00+00:00By

H.I.G. Capital has closed its first dedicated European real estate fund on €673m (£589m), exceeding its €500m target.

More property fund management news

Freeths_roundtable

How real estate will fare in 2019

2019-02-22T00:00:00+00:00

Despite the changing political landscape, 2018 was a strong year for many parts of the property industry, but what will the other side of 29 March look like? Freeths gathered a panel of experts to discuss what is in store.

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.

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