All articles by Ifeoluwa Taiwo – Page 7
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News
Hotel investment volumes surge 84% in 2021
Total 2021 UK hotel investment volumes hit £4.14bn, an 84.3% jump on 2020 volumes and just shy of the 15-year average of £4.22bn.
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News
CBRE hires Jeremy Rodale for London leasing team
Global real estate advisor CBRE has hired Jeremy Rodale as a senior director in its London metropolitan investor leasing team.
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News
LXi REIT announces board changes
LXi REIT chair Stephen Hubbard and non-executive senior independent director Colin Smith are to step down. The company has announced their replacements along with a new non-executive director.
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News
Clearbell acquires Glasgow site for carbon-neutral office
Clearbell Property Partners IV LP, a new fund managed by Clearbell Capital, has acquired 150 St. Vincent Street in Glasgow from a fund managed by PineBridge Benson Elliot.
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News
Frasers Group and H&M to open flagships at Dublin’s Clerys Quarter
FLANNELS and H&M are to open Irish flagship stores at the Clerys Quarter development in Dublin.
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News
Tech and professional sector deals drove strong year end for Edinburgh offices
A late rush of deals before Christmas rounded off a strong year of recovery for Edinburgh’s office market, research from Cushman & Wakefield shows.
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News
Cairn Homes commences €75m share buyback
Cairn Homes has commenced a share buyback programme to repurchase shares of up to €75m.
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News
Persimmon poaches Aviva CFO Jason Windsor as annual earnings rise
Persimmon posted improved annual earnings as it announced the hire of Jason Windsor as its new chief financial officer, succeeding Mike Killoran.
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News
Countryside Properties Q1 trading below expectations as CEO steps down
Countryside Properties posted Q1 earnings below the year prior as it announced the immediate exit of chief executive Iain McPherson and the hire of a new non-executive director Peter Lee.
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Professional
Do developers have power to meet EV charging regulations?
Requirement for more EV charging points seen as good first step but developers may face ad.ditional costs
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Insight
PLA and PBA note serious defects in Commercial Rent Bill
The Property Litigation Association (PLA) and the Property Bar Association (PBA) have submitted evidence to the House of Commons, highlighting numerous areas of concern about the current drafting of the Commercial Rent (Coronavirus) Bill.
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News
Network Space sells Knowsley industrial scheme to CBRE IM
Network Space has sold the Element warehouse and office development at Alchemy Business Park in Knowsley, Merseyside to CBRE Investment Management.
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News
Macquarie makes £80m debt investment into Havebury Housing
Macquarie Asset Management has provided £80m of long-term debt financing to Havebury Housing Partnership.
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News
ASK and OakNorth Bank lend RE Capital £56.2m for Clerkenwell scheme
ASK Partners and OakNorth Bank have provided a £56.2m senior development loan to RE Capital to fund the construction of a mixed-use, hotel-led scheme in Clerkenwell, central London.
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News
B&M European upgrades annual earnings guidance on strong third quarter
B&M European Value Retail said it expects adjusted Ebitda for FY2022 to be in the range of £605m to £625m, ahead of the current analyst consensus estimate of £578m.
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News
Town Centre Securities commences £5m share buyback
Town Centre Securities has commenced a share buyback programme for the repurchase of shares up to a total value of £5m.
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News
UK bank branch numbers at half of 2015 due to closures
Banks and building societies have closed or scheduled the closure of 4,735 branches since January 2015, analysis from Which? has found.
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News
Civitas records slight growth in NAV for half year
Civitas Social Housing increased its dividend payout as its net asset value creeped up in the six months ended 30 September 2021.
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News
LSL & Pollen Street’s joint venture completes buy of Lifetime Finance
Pivotal Growth, a joint venture established by LSL Property Services and Pollen Street Capital, has completed the acquisition of Scottish mortgage broker Lifetime Finance Group.
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Professional
Can commercial landlord and tenant relationship be fixed?
Seminar discusses whether arbitration scheme and code of practice can remedy deteriorating situation.