Workspace posts rise in NAV, but half-year profit dips
Workspace Group has posted a 2.7% rise in net asset value for the six months to the end of September as net rental income leapt 11% to £60.1m.
British Land NAV falls as losses rocket to £404m
Flexible workspace to pump £12bn into UK over next decade
NAV nudges up as shareholder return and profit slump at Picton
Assura revenue up, but profit falls
Principal launches €800m long income European fund
Hibernia raises dividend but warns on business sentiment
NAV and profit slumps at Landsec as retail woes continue to bite
Regulator clears Unite’s £1.4bn Liberty Living deal
Intu warns on falling rental income and considers equity raise
Saudi Ambassador pours cold water on Kingdom’s backing for Candy’s Capco bid
Banks and Lending
Triple Point adds £60m to debt facility
Triple Point Social Housing REIT has secured a £60m extension to its £70m revolving credit facility with Lloyds Bank.
Fund management
Principal launches €800m long income European fund
Principal Real Estate Europe has launched its first dedicated long income focused European real estate fund.