All Finance articles – Page 30
-
News
Birmingham council looks to £2.4bn property portfolio as first cuts announced
Birmingham City Council has approved a new property committee, which will be tasked with selling off assets, as the local authority looks to its £2.4bn property portfolio to bridge a large budget deficit.
-
News
Olympian and Housing Growth form JV to deliver £120m PBSA scheme in Nottingham
Commercial and residential developer Olympian Homes has formed a joint venture (JV) with Housing Growth Partnership to deliver a purpose-built student accommodation (PBSA) scheme in Nottingham, with a GDV of £120m.
-
News
Former Greystar exec Adam Tutka joins Thriving Investments
Former Greystar executive Adam Tutka has joined Thriving Investments, formerly known as PfP Capital, in the newly created role of director of capital markets, based in London.
-
News
Atelier completes £24m financing deal for two care homes in West Yorkshire and Cheshire
Development finance lender Atelier has completed finance facilities for two new care homes in West Yorkshire and Cheshire totalling £23.9m.
-
News
Hilltop completes £16.1m loan for new-build resi development in Leicester
Hilltop Credit Partners, a residential-focused real estate investment manager, has completed a £16.1m loan to Mitchian Group for the development of 122 private residential units and a small commercial unit in central Leicester.
-
Online
Valor secures £64m loan for east London logistics development
Valor Real Estate Partners has secured a £64m debt facility with BGO for the development of a last mile logistics estate in Beckton, east London.
-
News
CBRE predicts €176bn debt funding gap in Europe between 2024-2027
CBRE has published research estimating a total of €640bn (£551bn) in private real estate debt was originated across Europe between 2019 and 2022, and 27.5% (€176bn) of this may not be refinanced when the debt matures over the next four years.
-
Online
Moorfield agrees £15.6m loan from Investec for Lincoln student scheme
Investec Real Estate has provided Moorfield Group with a £15.6m loan to fund the development of a 293-bed purpose-built student accommodation (PBSA) campus in Lincoln.
-
Insight
A year in review: Finance
A tough economic environment has driven up insolvencies and housebuilder losses, although self-storage, hotels and build-to-rent have proved resilient.
-
News
Macquarie Asset Management invests £400m in debt secured against Asda ground leases
Australian banking giant Macquarie Asset Management has partnered with clients to invest £400m in debt secured against Asda supermarket ground leases on behalf of UK retirement-focused financial services specialist Just Group.
-
News
Boots’ US owner considering £7bn London IPO
Boots’ US owner is reportedly considering a £7bn listing on the London Stock Exchange in a renewed effort to shed the business.
-
News
LGPS Central and DTZ Investors launch fund to invest £500m across the UK
LGPS Central, the defined benefit (DB) pension scheme, has collaborated with its partner funds and DTZ Investors to create a UK Direct Property Fund, medium-term target to invest up to £500m across the UK.
-
Online
Springfield sees green shoots of recovery in housing sector
Scottish housebuilder Springfield Properties has told investors the first half of its financial year has been in line with expectations as demand for private housing “remained stable but subdued”.
-
Online
Silbury provides £66.5m loan for Surrey retirement development
Silbury Finance has provided a joint venture between Audley Group and Senior Living Investment Partners (SLIP) with a £66.5m loan to fund a retirement home scheme in Surrey.
-
News
Dalata to exceed €600m in hotel revenue for 2023
Dalata Hotel Group, the Irish hotel operator with a growing presence in the UK and continental Europe, said it expects hotel revenue for 2023 to exceed €600m (£517m) compared with €516m (£444m) in 2022.
-
News
Knight Frank reports UK hotel profits exceed pre-pandemic levels in most markets
UK hotel profits have exceeded pre-pandemic levels in most UK markets this year despite the challenging macro-economic environment, according to Knight Frank.
-
News
Begbies Traynor acquires SDL Property Auctions
Begbies Traynor Group, the professional services consultancy, has acquired SDL Property Auctions and will integrate it with Eddisons, the group’s property advisory and transactional services division.
-
News
Long Harbour and Rosethorn Capital Partners launch PBSA JV
Specialist real estate investment, development and management firm Long Harbour is expanding into purpose-built student accommodation (PBSA) through a joint venture (JV) with Rosethorn Capital Partners.
-
News
Chris Ward departs Shaftesbury Capital
Shaftesbury Capital’s chief operating officer Chris Ward has decided to step down from his role on the board and will be leaving the company on 22 December. The role will not be replaced on the board.
-
News
Feldberg Capital buys West End office building for ReForm Fund
Feldberg Capital has bought West End office building 8 Bloomsbury Street from an undisclosed institutional investor, as the first purchase for its new ReForm Fund.