All articles by Madeleine Knight
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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.
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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.
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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.
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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.
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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.
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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.
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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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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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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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Outpost Management appoints Sheridan as director of investments
Sheridan was previously vice-president of Cain International.
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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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Sirius reports 8.2% rise in rent roll as acquisition pipeline ‘remains strong’
Sirius achieved an 8.2% increase in overall rent roll despite wider macroeconomic conditions.
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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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GPE reports strong leasing activity and presses on with development
The West End landlord has started two new developments and expanded its flex office footprint.
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Real estate sector gender pay gap below UK average
The real estate sector’s gender pay gap of 7% fell below the UK average of 9%.
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Property industry welcomes TPT guidance launch
The government taskforce’s latest guidance provides a “helpful dictionary” to support clarity of reporting as the property sector transitions to net zero.
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Local Space secures £120m funding to rebalance debt
Social housing provider said the deal offered predictable debt costs to support its growth strategy.
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House prices slip for first time in six months despite ‘signs of recovery’
Northern Ireland remains the strongest-performing region in the UK with house prices up by 4.3% annually.