Madeleine Knight
Madeleine is finance editor at Property Week.
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- News
PPHE Hotel Group reports 11.9% leap in Q1 revenue spurred by higher demand
The firm’s Q1 trading updated also reported that its £300m development pipeline is nearing completion.
- News
I-RES says outlook is ‘positive’ as strategic review advances
Review by Ireland’s largest landlord seeks ways to unlock value from the porfolio, including increasing revenue from car parking.
- News
Canary Wharf Group expands debt maturities as it secures £553m from lenders
The financing significantly increases CWG’s debt maturities and will support its drive to add more non-office space to the estate.
- News
M&S store demolition case highlights the need for clearer policy
Barrister Russell Harris KC talks about how M&S won its appeal against refusal of plans for its Marble Arch store and why the redevelopment may go ahead.
- News
Lipton Rogers partners with Galileo to amass £1.5bn life sciences portfolio
The JV’s initial plan is to create 1,500 sq ft to 3,000 sq ft plug-and-play laboratories with flexible leasing options.
- News
FTSE 100 closes at record high with property stocks rising
FTSE 100 property companies enjoyed a boost with SEGRO’s share price rising 1.07%.
- News
Lok’nStore revenue grows 4.3% as store pipeline progresses
Trading update confirmed directors’ recommendation of 1,110p per share takeover offer from Shurgard.
- News
Swiss Life Asset Managers partners with Ares Management on self-storage platform
Swiss Life Asset Managers UK will act as investment manager with operational services provided by its subsidiary MC Self Storage.
- News
ASK lends £18m for co-living scheme in West London
ASK’s client acquired the site and plans to obtain permission to convert the building into a 415-bed co-living scheme.
- News
Vistry leads Q1 rise in property share prices
Fellow housebuilder Redrow also achieved a year-on-year leap in share price, up 40% to 665.2p.
- Online
Investor interest in niche assets ramps up, Rapleys reports
Self-storage and drive-throughs are set for “huge growth” in capital values and rents, according to the adviser.
- News
Q&A: Runway East’s co-founder Natasha Guerra on expansion plans
Co-founder and chief executive Natasha Guerra talks about its plans to expand further – but without raising capital.
- News
Gender pay gap: property firms are ‘impatient for change’
Real estate’s gender pay gap has narrowed 5% since 2017 – but companies are trying to accelerate change through diversity and inclusion initiatives.
- News
Gove issues Section 31 order to put London Wall West scheme on hold
Under Section 31, City Corporation cannot approve the development without secretary of state Michael Gove’s authorisation.
- News
Hostmore makes £177m bid for TGI Fridays
TGI Fridays’ chairman said the acquisition had a “compelling and highly complementary strategic logic to it”.
- News
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.
- News
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.
- News
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.
- News
Outpost Management appoints Sheridan as director of investments
Sheridan was previously vice-president of Cain International.
- News
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.