Finance news on propcos
REI seeks Brexit opportunities after NAV rises in 2018
Real Estate Investors has posted a slight rise in net asset value (NAV) off the back of a 5.1% rise in revenue during 2018.
Ex-Sainsbury boss King to advise Supermarket Income REIT
Supermarket Income REIT’s investment advisor Atrato Capital has appointed former Sainsbury boss Justin King as a senior advisor.
Westfield set for £670m PRS scheme
Unibail-Rodamco-Westfield has joined forces with Canada’s PSP Investments and QuadReal Property Group to build one of London’s largest private rented sector (PRS) schemes next to the Westfield shopping centre in Stratford.
Aviva and Galliard gain permission for £600m mixed-use Old Kent Road scheme
Aviva Investors and Galliard Homes have gained planning permission from for their proposals to regenerate the Cantium Retail Park into a new £600m mixed-use destination on the Old Kent Road in south London.
Warehouse REIT seeks £100m from share placing
Warehouse REIT is seeking £100m from a share placing to help fund more than £250m of pipeline investments.
