Latest news – Page 8
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Bellway to build 760 homes for Homes England at 135-acre Herts aerodrome site
Plans for the site also include retirement accommodation, a primary school, a new community centre, shops and open space.
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Mott MacDonald commits to 60,000 sq ft at City office block
The deal takes the building to 96% let, with the remaining office and retail space all under offer.
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Glasgow’s Briar Homes secures £7.3m funding for developments
The loan will fund the development of 310 homes across three sites.
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L&G UK property fund shareholders approve hybrid fund investment strategy
The structure allows for daily dealing in property, including direct exposure to UK assets and indirect investment in REITs.
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Real estate tops list of most distressed sectors across Europe
Weil European Distress Index shows leveraged property firms face rising costs, declining asset values and refinancing complexities.
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Multi Corporation returns to UK market with Realm takeover
The firm manages about 80 retail assets in 15 European countries.
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Vistry exec chair plan causes concern ahead of AGM
Industry experts have said the move to combine the chief executive and chair roles goes against corporate governance guidance.
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Hickson quits as HS2 land and property director for Sir Robert McAlpine role
His new role will involve developing infrastructure for defence projects.
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Blackpool ‘multiversity’ education campus gets go-ahead
The scheme will deliver 350,000 sq ft of education and commercial space.
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The Portobello Pub Company takes over Darwin & Wallace bars
The deal takes the Portobello portfolio to 27 sites.
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North Wind Capital buys vacant Mayfair mixed-use property for £35m
The investment office made the acquisition using an 18-month bridging loan from Cohort Capital.
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NHS Property Services chair Hamilton to step down
She was brought into to transform the organisation in the wake of a damning Public Accounts Committee report.
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TJ Morris and Beetham snap up huge Liverpool industrial estate
The pair are planning a high-rise development cluster with 1,200 homes.
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Plans submitted to convert Southampton hotel into student accommodation
The grade II-listed Dolphin Hotel is currently providing temporary accommodation to asylum seekers under a Home Office contract ending next month.
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Experiential leisure operator Red Engine secures £60m expansion loan
Santander, HSBC and Barclays provide debt facility to back opening of eight more darts and shuffleboard bars.
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ECF secures funding for 23-storey Salford tower
The building will provide a mix of one-, two- and three-bedroom apartments.
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London’s West End investment market slumps 20% in first quarter
A new report says the fall reflects ongoing caution among buyers and sellers.
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Single-family housing sector investment grows fivefold, research finds
The report from Knight Frank says the UK’s SFH rental market is experiencing unprecedented levels of growth.
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Motel One owner plans expansion after buying Proprium’s £1bn stake
The Munich-headquartered group, which owns eight UK hotels, has said the deal now values it at €4.1bn.
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Maya Capital acquires West London luxury retail asset for £20m
Investor buys Kensington and Chelsea asset let to high-end brands.