All articles by Guy Montague-Jones – Page 4
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OnlineTristan and Cording buy Holburn Links Estate for £245m
Tristan Capital Partners and Cording Real Estate have acquired Holburn Links Estate for £245m from LabTech Investments.
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Online
First retail and leisure brands sign up at Battersea Power Station
Battersea Power Station has unveiled the first retailers and leisure brands to open their doors when the building launches in 2021.
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Mipim organisers push ahead as first coronavirus case reported in Cannes region
The organisers of Mipim have insisted that the event will still go ahead, as French media reported the first case of coronavirus in the Cote d’Azur.
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Fears for retail values if intu fundraise fails
Analysts fear hit to retail values if intu’s bid to raise more than £1.3bn fails
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CMBS noteholders agree to cut losses
Concern about commercial property outlook prompts decision to sell for £120m.
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Knotel will consider IPO after next fundraising round
Knotel co-founder and chairman Edward Shenderovich has indicated that the flexible officer provider will consider a stock market listing after its next fundraising.
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Knotel says London revenues will rise from $50m to $1bn
Flex office firm’s co-founder has big plans for London but has slowed pace of growth in wake of WeWork woes
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Online
Helical sells Chiswick office campus for £41.6m
Helical has sold Chiswick office campus Power Road Studios to a private UK investment manager for £41.58m.
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Persimmon chief exec to step down
Persimmon chief executive David Jenkinson signaled his intention to step down after just a year in the job.
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Rowson leaves real estate capital advisory firm Hodes Weill
Hodes Weill Associates partner Will Rowson has left the real estate capital advisory firm.
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Intu agrees refinancing conditional on a £1.3bn equity raise
Intu has agreed terms for an amendment and extension of one of its loans that is conditional on it raising £1.3bn of equity.
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Online
Goldman agrees £4.7bn deal to sell IQ to Blackstone
Goldman Sachs and Wellcome Trust have agreed to sell the UK student accommodation company IQ to Blackstone in a £4.66bn deal.
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Solid half-year results for Town Centre Securities
Town Centre Securities has reported a small dip in net asset value in half-year results but occupancy and rents both increased.
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Rutter joins CBRE as head of investment advisory
CBRE has hired Graeme Rutter as executive director and head of investment advisory, part of CBRE Capital Advisors.
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Management fee for Secure Income REIT to be cut
The fee Prestbury charges for managing Secure Income REIT is to be reduced to reflect an increase in its surplus cash, following a £347m portfolio sale.
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Mileway appoints three country heads
Pan-European last mile logistics specialist Mileway has hired three new country heads in France, Germany and the Nordics.
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Challenges ahead for latest housing minister
Christopher Pincher takes up role as Tories prepare to deliver promised reforms
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RECI, Warehouse REIT and AEW UK announce fundraising plans
A listed real estate debt fund and two property companies have announced plans to raise equity in the past week.
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The Collective agrees £140m funding deal
Firm will use debt from Deutsche and Gravis to expand in UK and overseas
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Supermarket Income REIT buys Sainsbury’s store for £34m
Supermarket Income REIT has acquired a Sainsbury’s store in Hessle from Reassure for £34m.
