All articles by Guy Montague-Jones – Page 10
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Online
Countryside chief exec Sutcliffe to retire
Countryside Properties’ chief executive Ian Sutcliffe is to retire in March and will be replaced by Iain McPherson, currently head of the group’s partnerships south business.
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Online
Don’t infer too much about rents from CVAs, warns Fitch
Ratings agency Fitch has warned against inferring too much about rental values in the retail market from CVA documents.
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Online
M&G slashes retail values in rare intra-month valuation
M G Property Portfolio has slashed the value of its retail assets in a rare intra-month valuation update.
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Online
Capco exchanges on £425m sale of Earls Court interests
Capco has exchanged contracts for the sale of its interests in Earls Court, excluding Lillie Square, to APG and Delancey for £425m.
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Online
Audley appoints Rolfe as development director
Audley Group has appointed Philip Rolfe as development director.
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Online
Urban Exposure receives other proposals following Tchenguiz’s move
Urban Exposure’s St Annes Court Urban Exposure has said that following the restructuring proposal from Robert Tchenguiz’s R20 Advisory last week the lender has received other proposals.
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Insight
Are property disruptors running into trouble?
The list of disruptors struggling to live up to their hype or burning through cash at an alarming rate with no obvious path to profitability is growing increasingly long.
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News
Ground rent deals ‘disguising overall leverage’, warns Fitch
Ratings agency also says ground rent deals in commercial property can ‘add to traditional loan financing’
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News
Acepark posts underlying loss in wake of Toys R Us Properties purchase
Tim Knowles’ Acepark has swung to a loss in the wake of the company’s acquisition of Toys R Us Properties.
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Online
Newham turns down £3bn Silvertown scheme
Keystone and Great London Authority’s plans for a £3bn regeneration scheme in Silvertown have been turned down by Newham Council.
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News
Retirement Living 2019: key takeaways for maturing sector
New business models, residents’ needs and future challenges for the sector were among event’s key topics
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Online
British Land secures new letting and advances first BTR scheme
British Land revealed in half-year results today that it had secured a 45,000 sq ft letting deal with Skyscanner and was progressing plans for its first build-to-rent scheme in Aldgate.
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News
Beaufort Capital helps fund Inland Homes and Marden Homes schemes
Mezzanine lender Beaufort Capital has agreed deals to help fund the first phase of Inland Homes’ £620m Cheshunt Lakeside scheme and Marden Homes’ latest development near Chelmsford.
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News
Audley poised to sign JV deal and make its debut in Europe
JV agreement with PFA is expected to finance the development of retirement communities across Denmark
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Online
SoftBank reveals three-point plan to revive WeWork
SoftBank chief executive Masayoshi Son laid out a three-point plan yesterday to revive the fortunes of WeWork after the Japanese conglomerate reported a £5bn loss caused by a sharp writedown in its investment in the flexible workspace company.
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Online
Bovis agrees deal to buy Galliford Try’s housebuilding arm
Bovis Homes has agreed a deal to buy Galliford Try’s housebuilding business for about £1.1bn in a cash and shares deal.
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Online
McCarthy & Stone set to raise £300m for rental strategy
McCarthy Stone is looking to raise about £300m for a fund that will invest in its growing portfolio of rented retirement flats.
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News
Co-living market looks set for transformational growth
Report suggests rising investor interest is likely to drive step change in co-living development in coming years
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Online
Hubbard to retire from CBRE after 40 years
Stephen Hubbard has decided to retire as UK chairman of CBRE UK at the end of this year.
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Online
Mothercare’s UK retail business collapses
Mothercare’s UK high street business has collapsed into administration in a move that puts 79 stores at risk of closure.