The latest finance news for property companies including results and updates
By David Parsley
Custodian REIT has been hit by a fall in net asset value during the pandemic-hit year to the end of March, but benefited from a rise in profit.
Housebuilder Bellway has issued a positive trading update with figures recovering to pre-pandemic levels.
Oaknorth Bank has provided a £50m loan to Brigid Investments to support the acquisition of approximately 250 newly built and fully occupied rental retirement properties across the UK.
CBRE has appointed Marcus Sperber, the former head of global real estate at Blackrock, as a consultant.
German business parks group Sirius Real Estate has placed its debut corporate bond, raising €350m (£300m) to refinance existing debt and help fund its pipeline of acquisitions.
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