Finance

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

Latest Finance News

Cushman wakefield

Cushman & Wakefield files for IPO

2018-06-20T17:50:00+01:00By

Cushman & Wakefield has revealed plans for its long-awaited initial public offering (IPO).

John Slade

Slade to chair Duff & Phelps Real Estate Advisory Group

2018-06-20T10:57:00+01:00By

Evans Randall executive chairman John Slade has been appointed as non-executive chairman of Duff & Phelps’ Real Estate Advisory Group (REAG) international practice, covering all countries outside the US.

Tony Pidgley

Berkeley profits peak, as Pidgley slams government housing policy

2018-06-20T07:46:00+01:00By

Berkeley Group has revealed a 15% rise in pre-tax profit, but has warned profitability will drop around 30% when it returns to what the housebuilder calls “more normal” levels in the current financial year.

Fourth Ports Harbour Gateway, Newhaven, Edinburgh

Scottish Government teams up with PfP Capital for £150m affordable homes drive

2018-06-20T12:16:00+01:00By

Places for People’s fund management arm PfP Capital has announced a new partnership with the Scottish government to launch a £150m fund aimed at delivering of 1,000 affordable homes in Scotland.

Wickes

LondonMetric in £55m portfolio buy

2018-06-20T08:00:00+01:00By

LondonMetric has bought ten single let properties for £55m from the ACT Foundation.

Proptech

MetaProp closes $40m proptech fund

2018-06-20T07:54:00+01:00By

MetaProp has closed its second PropTech VC fund early after raising $40m (£30.4m).

Telford Shopping Centre

Retail woes hitting lenders as well as operators

2018-06-20T11:26:00+01:00

The disappearance of well-known retailers from the UK’s high streets is affecting the commercial real estate market not just in terms of operators but lending.

Matthew Pritchard Octopus Property

Former Deutsche Bank and UBS lending expert joins Octopus

2018-06-20T15:20:00+01:00By

Specialist property lender Octopus Property has appointed highly experienced former Man Global portfolio manager Matthew Pritchard to the role of head of structuring.

London offices skyline

City breaks half-year investment record

2018-06-19T11:00:00+01:00By

The amount of Asian capital invested into City of London offices has already hit a record volume for the first half of the year with £3.39bn transacted in the year to date, according to Savills.

Clive Fenton at Liberty House 2

McCarthy & Stone boss Fenton quits after issuing profit warning

2018-06-19T07:26:00+01:00By

McCarthy & Stone boss Clive Fenton has revealed he is to quit, after the retirement home developer issued a profit warning following a “noticeable decline” in reservations.

Construction

Countryside and Sigma to develop 5,000 PRS homes

2018-06-19T07:03:00+01:00By

Countryside Properties has revealed an expansion of its strategic partnership with Sigma Capital Group that will see the two companies target the delivery of a further 5,000 private rental sector homes over the next three years.

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Stock Market

Shares

Berkeley shares tumble as profits hit peak

2018-06-20T16:40:00+01:00

Berkeley Group shares tumbled 5.7% on Wednesday to 3,893 points despite posting a 15% rise in pre-tax profit.

GP surgery

REITs as a force for good

2018-06-18T06:31:00+01:00

The rise in popularity of UK REITs over the last few years has been remarkable.

Telford Shopping Centre

Retail woes hitting lenders as well as operators

2018-06-20T11:26:00+01:00

The disappearance of well-known retailers from the UK’s high streets is affecting the commercial real estate market not just in terms of operators but lending.

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