Finance news on propcos
Rob Noel, chief executive of Landsec, has revealed that the UK’s largest listed property company has spent “two to three million pounds” on preparations for a hard Brexit.
European property investment group Catella has completed its acquisition of 75% of the share capital of UK investment manager APAM.
Landsec has appointed Madeleine Cosgrave as an independent non-executive director.
Triple Point Social Housing REIT has completed the acquisition of 24 supported housing properties for £24m.
Helical has sold an office building in Manchester to the Mayfair Capital-managed Property Income Trust for Charities fund for £11.9m.