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David Parsley
David Parsley is contributing editor on Property Week, specialising in finance and general news. His career has included being founding editor of City AM, markets editor on The Sunday Times and business editor on the Sunday Express. He began his career as news editor on Property Week in 1994.
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- Online
Rental income rises at Tritax Eurobox, but NAV dips
The value of the group’s portfolio fell 6.2% to €1.46bn (£1.25bn), while net asset value (NAV) per share dipped 5.1% to 94 cents.
- Online
Vistry raises 2024 completions forecast by almost 2,000 homes
The housebuilding giant’s new target is 500 homes above previous forecasts.
- Online
Rental income grows at Grainger in first half
The 11% rise comes as the group seeks to become the country’s leading provider of private rental property.
- Online
Henry Boot wins £36m Rotherham regeneration contract
A new library wil be part of the scheme to refurbish the existing indoor and outdoor markets
- Online
Former Rockspring team reunite to launch Evonite
Evonite’s founding partners are Paul Hampton, Charles-Nicolas Tarrière and Kevin Muscat.
- Online
Royal London completes industrial and logistics transactions worth £350m
Royal London’s deals were led by the disposal of a 33.6-acre industrial estate in West London.
- Online
OakNorth Bank completes £25m loan to property lending firm
Property lending firm Blue Shield Capital has secured the money to bolster its bridging loan business.
- Online
NAV dips at AEW UK REIT amid ‘fragile economic backdrop’
The group’s portfolio value edged up 0.41% in Q1 2024.
- Online
Unite sells six student schemes to PGIM for £184m
The properties in Birmingham, Cardiff, Leicester, Liverpool, Nottingham and Sheffield are older than Unite’s portfolio average.
- Online
Investec provides Realstar with £22m loan for Manchester multi-family scheme
UNCLE Manchester comprises studio and one-bedroom apartments in a grade II-listed former warehouse built in about 1914.
- Online
Carmichael Homes secures £11.6m funding from Downing
Downing Property Finance has provided financing for The Fieldings in East Kilbride and a project in Roslynlee.
- Online
Zenzic Capital grows property lending team with two hires
Lender appoints development finance vice-president and credit analyst in London to unlock new lending opportunities.
- Online
Target Healthcare toasts “attractive returns” as NTA rises 2.2%
The company reported a portfolio of 98 assets let to 33 tenants, valued at £934.8m, at the end of Q1 2024.
- Online
Hutchings quits CapReg to take up CEO role at Workspace
The CapReg chief executive will replace Graham Clemett at the flexible office group.
- Online
Home REIT continues sell-off as if faces FCA investigation
Trading in shares of the REIT has been suspended since January 2023 after a damning short-seller report from Viceroy Research.
- Online
IWG confident of hitting full-year profit forecast
The trading update follows rumours that the London-listed firm has been weighing up a move to the US.
- Online
House prices expected to ‘rise modestly’ over 2024, Halifax reports
Property values were up 1.1% year-on-year in April, with the average UK house price standing at £288,949.
- Online
Industry heavyweights Hyman and Hopkins target £500m listing for new investment group
Industry veterans including Primary Health Properties founder Harry Hyman and former Workspace head Jamie Hopkins launch venture.
- Online
Cain International reveals merger with Blackbrook Capital
The merged group of Cain International and Blackbrook Capital will bring the firms’ combined assets under management to over $17bn (£13.6bn).
- Online
SGS completes shopping centre £445m refinancing with Lloyds
SGS owns the former intu centres in Lakeside in Essex, Atria Watford, Victoria Centre in Nottingham and Braehead near Glasgow.