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Madeleine Knight
Madeleine is finance editor at Property Week.
Contact info
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InsightBig interview with CapitalRise CEO, Uma Rajah: Setting a prime example in London
Uma Rajah, CEO of specialist lending exchange CapitalRise, tells Property Week why her firm is well placed to seize the opportunities offered by the largely recession-proof luxury London housing market.
NewsGovernment Property Agency buys site for new HQ from McLaren Property
McLaren Property has sold its option on a 85,315 sq ft site on Brunswick Street in Darlington, County Durham to the Government Property Agency for a permanent base.
NewsTHG’s Manchester HQ sale falls through
The Hut Group (THG) founder Matt Moulding’s sale of its £250m headquarters in Manchester to real estate investor ICG has fallen through, Property Week understands.
NewsPeel Hunt predicts further M&A activity for property sector
Peel Hunt is predicting an increase in mergers and acquistions (M&A) activity in the property industry, as the sector trades on a 25% discount to net asset value (NAV).
NewsThird Space gains £88.5m funding to support opening of new clubs
London-based luxury health and fitness brand Third Space has secured £88.5m of funding from OakNorth and Searchlight Capital Partners to support its business plan and the opening of additional clubs.
NewsLondon office values correct faster than Europe, offering ‘rare’ entry point for investors
London office values are correcting faster than almost every counterpart market in Europe, new data analysed by BNP Paribas Real Estate has found.
NewsRetail sales volumes rebound in August
Retail sales volumes lifted by 0.4% in August 2023, partially recovering from a fall of 1.1% in July 2023, new research from the Office for National Statistics (ONS) has found.
NewsPeabody posts improved £257m surplus following Catalyst merger
Housing association Peabody has reported an operating surplus of £257m in its annual report for the year to the end of March, up from £213m the year prior, following a 66% increase in turnover to £1.1bn.
NewsHome REIT reclaims 146 properties from Redemption Project
Home REIT has reclaimed leases on 146 properties from tenant Redemption Project, removing its exposure to the firm, which entered creditors voluntary liquidation in August.
OnlineIndustry figures welcome BoE interest rate freeze as boon for property
The Bank of England’s (BoE’s) decision today (21 September) to maintain interest rates at 5.25% could boost property development, according to leading sector finance specialists.
OnlineLife Science REIT posts portfolio valuation growth
Life Science REIT has posted a portfolio valuation of £402.9m for the six months ended 30 June, compared with £387.6m as of 31 December 2022.
OnlineProperty stocks enjoy boost as inflation drops and house prices increase
UK property stocks increased this morning as official figures showed an increase in UK house prices and a surprise drop in inflation.
OnlineCoventry Building Society sells former HQ to OBC
Coventry Building Society has sold its former headquarters in the heart of Coventry to Oxford Business College (OBC).
OnlineCommercial property transactions plummet 73% but retail and leisure offer ‘silver lining’
Commercial property transactions fell 67% in the past six months, while the total value of commercial deals plunged 73% to £3.7bn, research from Sirius Property Finance has revealed.
NewsNotting Hill Genesis to use £106m surplus for £500m social homes investment
Notting Hill Genesis (NHG) is to make its largest ever social rented housing investment, totalling £500m over the next 10 years, after it recorded a £106.1m surplus before tax for the year to the end of March.
NewsLidl profits hit by new store openings
Lidl swung to a £75.9m loss in the UK in its financial year to the end of February, from a £41.1m profit in the previous year, as it felt the impact of new store expansion costs, high inflation, increased staff costs and investment to maintain low prices.
NewsWatling racks up £130m of deals in first quarter since launch
Watling Real Estate, launched at the start of June in a management buyout of the real estate restructuring division of Avison Young, achieved £130m of deals in its traditional core markets and alternative sectors during its first ever quarter.
NewsExec pay packages plummet across property companies, PW survey reveals
Executive pay packages have plummeted across UK-listed property companies amid tough market conditions, with housebuilders feeling the brunt of the falls, according to a Property Week survey of the industry’s 40 best paid executives.
InsightBest-paid executives: The property top 40
Pay packages have dropped among the property industry’s highest-earning executives amid challenging market conditions – but most remain handsomely rewarded, as Madeleine Knight reports.
NewsTriple Point posts H1 profit drop
Supported living specialist Triple Point Social Housing REIT reported £14.6m of net profit for the six months ended 30 June 2023, down from £24.9m for the same period last year.
