All articles by Frances Ivens – Page 10
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NewsBrotherton recruits pbb’s Vaughan to launch debt distribution business
Brotherton Real Estate has hired pbb Deutsche Pfandbriefbank’s head of UK syndications Tim Vaughan to launch Brotherton Debt Distribution.
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OnlineCairn Homes reports 125% revenue rise in 'strong' Irish market
Irish housebuilder Cairn Homes has reported a 125% rise in revenue year-on-year to €337m (£297.8m) as gross margins and operating profits also increased.
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OnlineHoward de Walden Estate completes £280m private placement issue
Howard de Walden Estates has completed a £280m private placement issue with eight institutional investors from the UK and US.
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OnlineRDI refinances £275m facility
RDI REIT has refinanced its £275m debt facility with Barclays, RBS and HSBC and extended the duration of the facility for five years.
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OnlineOctopus raises £133.5m for care home fund
Octopus Healthcare has raised £133.5m for its Octopus Healthcare Fund and has agreed to acquire seven care homes.
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OnlineWorkspace Group sees lettings rise in Q3
Workspace Group has seen an increase in lettings per month in the third quarter of 2018.
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OnlineNewRiver retail occupation remains steady
NewRiver REIT saw retail occupancy levels remain stable at 95.5% in the third quarter of 2018.
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NewsKensington hotel plans set for judicial review
Council fighting mayor’s decision to call in plans for new 749-room Forum hotel.
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OnlineWeWork chief executive makes millions leasing properties to WeWork
WeWork’s chief executive Adam Neumann has made millions of pounds buying properties using his personal wealth and leasing them back to the flexible office provider.
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OnlineReal estate industry calls for clarity following Brexit vote
The real estate industry has called for clarity after Prime Minister Theresa May faced a historic loss on Tuesday night when her Brexit withdrawal bill was defeated in the House of Commons by a majority of 230 votes.
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OnlineAberdeen Standard fund commits £60m to Birmingham PRS scheme
Aberdeen Standard Pan-European Residential Property Fund (ASPER) is committing £60m to a private rented sector (PRS) scheme in Birmingham.
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OnlineHomes England funds £70m Northamptonshire schemes
Homes England has committed £70m to fund 8,500 new homes in Northamptonshire.
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OnlineIndustrial and logistics take-up hits new record
Industrial and logistics take up reached record levels last year with take-up for big box logistics totalling 31.495m sq ft, according to data from CBRE.
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OnlineSainsbury's takes extra floor at Arndale House
Sainsbury’s has taken an additional 10,800 sq ft floor at Arndale House in Manchester City centre.
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OnlineGVA's Shapiro makes move to BNP PRE
BNP Paribas Real Estate has hired Stephen Shapiro as a senior director within the retail lease advisory team.
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OnlineM7's Clarke joins IPSX
M7 Real Estate has seconded Roger Clarke to IPSX, the International Property Securities Exchange, following the index’s recognition from the Financial Conduct Authority.
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OnlinePersimmon trading update reveals 4% revenue rise
Persimmon has revealed a 4% rise in revenue for the year to 31 December 2018, up to £3.47bn.
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OnlineDebenhams reveals store closure plans
Debenhams is set to close up to 90 stores, nearly half of its total, as part of a plan to rescue the business.
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OnlineOrchard Street buys £15.7m industrial estate
Orchard Street has bought Trade City, a multi-let industrial estate in Reading for £15.7m, on behalf of St. James’s Place UK.
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NewsRiverside secures green office loan from Lloyds
Riverside Capital has secured a £25.93m green loan from Lloyds Bank to part fund the purchase of a City office building.
