Latest news – Page 6
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Yoo Capital appoints five partners for Camden Film Quarter scheme
The project will create a hub for film, creative industries, and education.
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Rate of housing rent increases has nearly halved since August, says Hamptons
The annual pace of increase in London fell from 17.1% to 6.1%, the slowest rate for two years.
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Foxtons appoints adviser NM Rothschild as shareholder pressure to sell grows
Several large shareholders want Foxtons to find a buyer for the business, according to reports.
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Blackstone set to acquire Britishvolt’s gigafactory site for £110m
This comes after Australian start-up Recharge was selected as the preferred buyer in January 2024.
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Greene Park Capital launches healthcare investment team
The Chicago-based group has appointed a four-strong team of executives to run the new division.
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Hostmore makes £177m bid for TGI Fridays
TGI Fridays’ chairman said the acquisition had a “compelling and highly complementary strategic logic to it”.
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Greenland steps down as chief executive of PLP
Chief investment officer Neil Dickinson has been appointed to lead the business going forward.
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VIVID secures £75m loan facility from Nationwide
The housing association said it would use the funding to improve existing homes and build new energy efficient properties for customers.
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UK self-storage industry breaks through £1bn-turnover barrier
The sector turned over just under £1.1bn in 2023, exceeding £1bn for the first time.
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Henry Boot sells 500 Cambridgeshire resi plots to Barratt
The sale will complete in July 2024, with the transaction resulting in an ungeared internal rate of return of 15% a year.
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Failure to enact no-fault eviction ban has put 80,000 households at risk of homelessness, charity reports
Charity Homeless Link has called on government to pass the Renters Reform Bill following five years of inaction.
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Hines puts Oxford Street retail and resi scheme on market for over £45.75m
Savills and Knight Frank are marketing the property.
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Balanced Commercial Property Trust mulls portfolio sale as it launches strategic review
BCPT’s board said it would consider all options, including selling the portfolio or subsidiaries, or a managed wind down of the company.
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Mapletree expands PBSA portfolio in Europe with £1bn acquisition
The deal will see the Singapore-based firm take control of more than 8,000 beds across 31 assets.
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Commercial property investment volumes hit £8bn in Q1
Investment this year is on course to be 12% up on 2023’s total, Savills reports.
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Hines to forward-fund Olympian’s £100m Newcastle resi scheme
The project will see the development of more than 500 zero-carbon home.
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London Square acquires Westminster Tower from CLS for £40.8m
The deal comes after the sale between CLS and Australian developer Third.i collapsed early this year.
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Outpost Management appoints Sheridan as director of investments
Sheridan was previously vice-president of Cain International.
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Koba leases Manchester site for UK flexi office debut
The workspace provider has agreed a partnership lease on a 10-year term with AEW.
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Elite Commercial REIT plans to expand into UK living sector
The REIT said it would also continue to focus on the social infrastructure asset sector.