Finance

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

Latest Finance News

Metro Bank

Metro Bank draws up checklists to reduce property lending risk

2018-11-16T00:00:00+00:00By

Metro Bank is introducing sector-specific checklists for its commercial real estate lending team to make its approach to lending more consistent and reduce risk

Kier

Kier 'on track' after property team shake-up

2018-11-16T09:11:00+00:00By

FTSE-250 listed infrastructure and housebuilding group Kier has said it is “confident” that the company will meet its full-year expectations in a trading update for the period since 20 September.

Gerald Eve

Gerald Eve posts rises in profit and revenue

2018-11-15T09:32:00+00:00By

Gerald Eve has posted a 16% rise in profit off the back of a 4% rise in revenue in its latest figures filed at Companies House.

GPE Bond St new image

GPE to buy back £200m of shares as disposals continue

2018-11-15T08:43:00+00:00By

Great Portland Estates has unveiled plans to buy back £200m worth of shares as it continues to sell properties let on long leases.

Urban Logistics London

Urban Logistics REIT avoids fashion retail tenants

2018-11-15T12:16:00+00:00By

Urban Logisitics REIT has said it is rejecting fashion retail tenants in its warehouses citing recent troubles in the retail sector.

Pearl House Nottingham

NAV rises 4% for AEW UK REIT

2018-11-15T09:39:00+00:00By

Regional investor AEW UK REIT has reported a 4% rise in NAV in half year results for the period to 30 September.

Safestore

Safestore UK revenue growth gathers pace in Q4

2018-11-15T09:32:00+00:00By

Safestore has reported a strong fourth quarter of trading with like-for-like UK revenues climbing 6%.

Grainger

Grainger buys out GRIP REIT partner for £396m

2018-11-14T09:32:00+00:00By

Grainger has accelerated its growth in the private rented sector (PRS) by agreeing to buy the share in GRIP REIT it didn’t already own from Dutch pension fund APG for £396m.

Chris Grigg

Retail woes hit British Land figures

2018-11-14T08:42:00+00:00By

British Land has posted a 2.9% fall in net asset value (NAV) for the first half of the year as the challenging retail market hit the property giant.

intu Trafford Centre

Intu bid given second extension

2018-11-14T08:54:00+00:00By

Intu has given a consortium led by its deputy chairman John Whittaker a further extension to make a firm offer or walk away from a bid for the shopping center owner.

Ikea

Ikea to invest €5.8bn into real estate

2018-11-14T16:44:00+00:00By

Ikea is set to invest €5.8bn (£5bn) into real estate over the next three years, with a focus on retail developments.

All finance news

Liz Hamson

Why flexible is becoming everyone’s friend

2018-11-16T00:01:00+00:00By

As Property Week went to press on Wednesday, the cabinet had just approved the draft Brexit deal. Will this bring greater clarity? Maybe. Maybe not.

More finance news

Stock Market

Brexit

Brexit chaos offers mixed results for property companies

2018-11-16T17:58:00+00:00

Listed property companies faced another day of uncertainty on Friday as the fallout from Prime Minister Teresa’ May’s Brexit withdrawal bill continued.

Property Funds

Ketley Business Park Telford Tesco

Tesco Pension Fund takes 10 industrial estates

2018-11-12T09:31:00+00:00By

Tesco’s pension fund has acquired 10 industrial estates with a combined value of £34m for its multi-let industrial-focused portfolio.

More property fund management news

Metro Bank

Metro Bank draws up checklists to reduce property lending risk

2018-11-16T00:00:00+00:00

Metro Bank is introducing sector-specific checklists for its commercial real estate lending team to make its approach to lending more consistent and reduce risk

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