Financial comment

Expert opinion about financing in the property sector.

Banks and lending

generic asset management

Pictet/XLB joint venture secures £70m loan


A joint venture (JV) between Pictet Alternative Advisors and XLB has secured a £70m loan from German bank Helaba.

Fund Management

Property fund chart

Property funds saw £1.1bn in withdrawals in 2020


Open-ended property funds saw £1.1bn of withdrawals in 2020, according to global funds network Calastone.

Property Companies

Countryside’s Great Kneighton scheme in Cambridge

Countryside grows completions but order book dips


Housebuilding giant Countryside Properties completed 17% more homes in the first three months of its financial year.