All Finance articles – Page 10
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OnlineLondonMetric buy logistics assets for £29m
LondonMetric has paid £28.8m for two urban logistics properties in separate transactions.
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News
Godwin sells Nottingham PBSA development to Bricks Group
Godwin Developments has sold purpose-built student accommodation (PBSA) development the Bendigo Buildings in central Nottingham to Bricks Group.
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Online
Taylor Wimpey sticks to positive forecasts as housing market ‘remains healthy’
Taylor Wimpey has told investors the UK housing market “remains healthy” ahead of its annual general meeting on Tuesday.
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Online
IWG looks ahead with ‘cautious optimism’
Flexible workspace giant IWG has posted an 22.4% rise in revenue for the three months to the end of March, the company has told investors.
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News
M&G Real Estate secures 252,500 sq ft Northampton pre-let to Active Ants
M&G Real Estate has agreed to pre-let a 252,500 sq ft industrial unit at Brackmills Industrial Estate in Northampton to Dutch e-commerce logistics company, Active Ants, on a 10-year lease.
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Online
Zorin Finance completes £22m senior living development loan
Alternative property lending group Zorin Finance has completed a £22m development loan to Haslar Developments for the Royal Haslar site in Hampshire.
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Online
SEGRO expands London footprint with acquisitions of £195m
SEGRO has completed £195m of investment in London, acquiring Grand Union Trade Park in Park Royal and purchased two assets in Wapping and Clapham.
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Online
AEW sells office at Oxford business park
AEW UK REIT has sold its office asset located in Eastpoint Business Park, Oxford for £37m.
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Online
LondonMetric completes £27m acquisition of six urban logistics assets in London
LondonMetric Property has acquired six London urban logistics warehouses in separate transactions for a total of £26.7m.
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Online
British Land sells 75% of Paddington Central assets to GIC
British Land has sold a 75% interest in its Paddington Central assets to Singaporean finance giant GIC for £694m, 1% less than the September book value.
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News
Blackrock pays Eastwood £16.6m for ‘last mile’ site
Blackrock has bought a 130,000 sq ft industrial estate from development and investment company Eastwood for £16.6m, Property Week can reveal.
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News
Private rented residential sector is star performer in Q1 UK investment
The private rented residential sector (PRS) exhibited the highest quarter-on-quarter growth across the UK real estate sector in Q1 2022, according to research shared exclusively with Property Week.
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Online
LXi sells Essex Premier Inn site for £19m
LXi REIT has sold a mixed-use scheme in Essex that includes a Premier Inn hotel for £19.33m.
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News
Essensys upbeat despite UK 11% revenue drop
Mark Furness, chief executive of flexible workspace tech provider Essensys, has said he is still confident about the flexible office sector’s prospects despite reporting a 13.5% drop in his company’s UK recurring revenue.
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News
Residential continues to drive European debt market
Residential real estate continues to dominate the European debt financing market despite recent gains in the office and retail sectors, a new report has found.
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News
AEW UK REIT continues NAV uptick
AEW UK REIT has reported another rise in net asset value (NAV) in the three months to the end of March, driven by its office portfolio.
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News
SEGRO expects strong 2022 despite war-driven pressures
SEGRO has said it remains confident in the business outlook for 2022 and beyond, despite supply chain and inflationary pressures created by the ongoing war in Ukraine.
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News
Savills and Acuitus post robust results for first quarter of the year
Savills raises £86.8m and Acuitus reports £177.5m in total commercial sales in Q1 as market continues to pick up after Covid pandemic.
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News
Barnard Marcus sale nets £26.6m
Barnard Marcus raised £26.6m at its 13 April sale at the Grand Connaught Rooms in London.
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News
Flex space group AndCo aims to create $1bn-plus business
Founders believe the UK-based start-up could be in a position to seek a stock exchange listing in five years.
