Property companies

The latest finance news for property companies including results and updates

Finance news on propcos

Alistair Calvert of Gramercy Europe

Gramercy Europe launches fourth industrial fund after completing MBO


Gramercy Europe is set to launch a fourth logistics and industrial fund, targeting the raising of €400m (£352.5m) of equity.

The Timber Yard Birmingham

Galliard launches £500m Birmingham push


Galliard Homes has joined forces with Apsley House Capital with plans for a £500m push into the Birmingham residential market.

Doctor and patient

Target posts NAV rise


Target Healthcare has posted a 1.9% rise in net asset value (NAV) for the three months to 30 September.

Money £50 notes

GPE secures £450m credit facility


Great Portland Estates has signed a £450m unsecured revolving credit facility at a headline margin of 92.5 basis points over LIBOR.

City North development Telford Homes 636 resized

Brexit hits high-price home sales at Telford


Telford Homes has warned that Brexit has hit house sales, with buyers taking a “wait and see” approach ahead of the UK’s departure from the EU.

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