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Latest news – Page 4
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OnlineLendInvest completes £410m securitisation of UK BTL loans
Lending group LendInvest has completed the group’s fifth and largest securitisation of £410m of its buy-to-let (BTL) mortgage loans in an oversubscribed residential mortgage backed security (RMBS).
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NewsBlaze pauses work on Lincoln and MGT’s Reading Station Hill tower
Work has remained paused on the One Station Hill office development in Reading, Berkshire, after a fire damaged the scheme last week.
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NewsMilton’s administrators to put 25 North East and Yorkshire pubs up for sale
Administrators to property firm Milton Portfolio Op Co 3 plan to put a portfolio of 25 pubs across North East and Yorkshire up for sale early next year.
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NewsLeaders Romans Group introduces fertility benefit
Leaders Romans Group (LRG) has developed a benefit policy to help employees undergoing fertility treatment.
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NewsDLUHC allocates £150m to create over 1,200 homes for rough sleepers
The Department for Levelling Up, Housing and Communities (DLUHC) has announced it will allocate £150m to support the development of 1,230 homes for rough sleepers.
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OnlineUK to lag European debt market recovery by a year, AEW reports
The UK is set to lag Europe’s recovery in real estate debt markets by a year, according to a report from investment and asset manager AEW.
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NewsTT Group submits plans for 140-home west London hospital redevelopment
Property investor and developer TT Group has submitted plans to redevelop the vacant Ravenscourt Park Hospital in Hammersmith, west London into a mixed-use scheme with 140 homes.
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NewsRaft of lots guided above £1m lead BidX1’s final 2023 catalogue
A freehold residential block in east London, an industrial unit in Watford, and a supermarket in Ivybridge, Devon are the lots with the highest guide prices in online auction specialist BidX1’s final catalogue for 2023, with the sale taking place on 14 December.
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NewsFerrovial sells stake in Heathrow airport owner for over £2bn
Airport developer and operator Ferrovial has sold its 25% stake in Heathrow airport parent company FGP TopCo for £2.37bn.
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NewsHousebuilders unlikely to see much volume recovery in 2024, Investec says
Housebuilders are likely to remain cautious until they are confident of a sustained recovery so, even if spring sees a better market, there is unlikely to be much volume recovery in 2024, according to Investec’s sector review.
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NewsPATRIZIA and Man GPM launch £100m affordable housing platform
Real estate investment manager PATRIZIA and Man GPM have jointly launched a £100m residential platform for the UK’s affordable housing sector.
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NewsMTC secures £3m in government funding for RAAC research
The Manufacturing Technology Centre (MTC) has secured £3m in government funding to enable research into reinforced autoclaved aerated concrete (RAAC).
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OnlineCarter Jonas's annual profit slumps 22%
Agency Carter Jonas has posted a 22% fall in profit in its latest set of account, despite a rise in sales.
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OnlineFCA statement outlines rules for sustainable real estate investment products
The Financial Conduct Authority (FCA) has published its new policy statement on Sustainability Disclosure Requirements (SDR) and investment labels, which is set to help real estate fund managers with net zero strategies.
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NewsRents across the UK will hit the affordability ceiling by 2025, says Savills
Average UK rents are expected to continue rising and will hit the affordability ceiling for private rented sector (PRS) households by 2025, according to Savills research.
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NewsAscend Properties appoints Dandara Living’s Borrmann as MD
Ascend Properties has appointed former Dandara Living managing director Paul Borrmann as its MD.
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NewsTeacher to launch consultancy business after Blackstock’s sale to Montfort
Blackstock Consulting founder Andrew Teacher is to launch a new strategic consultancy business next year when the earn-out period following Blackstock’s acquisition last year by Montfort Group ends.
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NewsBoots sale back in play as owner offloads £4.8bn of pension obligations to Legal & General
Boots owner Walgreen Boots Alliance has struck a deal to transfer £4.8bn of pension obligations to Legal & General in a move a leading retail expert said reflected “a major boost” for its plans to sell the high-street chemist chain.
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OnlineBridgewater Place developer latest to delist from International Property Securities Exchange
BWP REIT, owner of the Bridgewater Place scheme in Leeds, has become the latest group to confirm its delisting from the failed International Property Securities Exchange (IPSX).
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OnlineLiverpool Strategic Futures Advisory Panel calls for new regeneration partnership
An interim report from the Liverpool Strategic Futures Advisory Panel has recommended establishing a new partnership with Liverpool City Council to unlock regeneration opportunities and enhance the local authority’s vision for development.
