All articles by Mark Wilding – Page 9
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Online
Belfast property firms enter administration
Two Belfast city centre developers have been put into administration.
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Online
Labour commits to £5bn housebuilding drive
Labour has announced plans to build 125,000 new homes in the next five years with money raised by an ISA for first-time buyers.
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Online
Prologis recasts €200m credit facility on European fund
Prologis has recast a €200m (£146m) credit facility on its European Properties Fund II (PEPF II), resulting in an upgrade to BBB+ with a stable outlook by S P.
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Online
Permanent TSB offloads €1.5bn of real estate loans
Apollo Global Management and Deutsche Bank have bought a £1.1bn (€1.5bn) real estate loan portfolio from Irish bank Permanent TSB.
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Online
DAMAC buys £600m 'Jenga' tower
Middle Eastern developer DAMAC has bought the ‘Jenga’ tower development in Nine Elms for around £600m.
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Online
Rents rise faster than prices in London's prime housing market
Rents are growing faster than house prices in the prime central London market, according to research by Knight Frank.
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Online
Barratt in talks with Royal Mail over Nine Elms site
Barratt Developments has emerged as a potential buyer for one of Royal Mail’s largest property assets, close to Battersea Power Station.
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Online
Property heavyweights sign Telegraph letter backing Tories
Major figures from the property and construction industries are among more than 100 business leaders to sign an open letter to the Telegraph backing the Tories in the upcoming election.
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Online
Catalyst wins planning for Manchester office refurb
Catalyst Capital has secured planning permission for the refurbishment of a grade-II listed office building in Manchester city centre.
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Markets
Midtown on the up as South Bank reaches critical mass
When the Hoxton Hotel opened its doors on High Holborn last September, it seemed to cement the arrival of a new era for Midtown.
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Online
Allied London raises £100m for No. 1 Spinningfields
Allied London has secured a £100m funding package to develop its 300,000 sq ft No.1 Spinningfields scheme in Manchester.
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Online
Tristan Capital Partners makes £70m buy at Westfield Stratford
Tristan Capital Partners has made its first acquisition for its Curzon Capital Partners IV fund with the purchase of No. 1 Stratford Place for £70m from Westfield.
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Online
Pocket crowdfunds £1m for London housing schemes
Housing developer Pocket has raised more than £1m from small and medium investors since launching a crowdfunded bond a month ago.
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Online
Legal & General provides £50m housing loan
Legal General has provided a £50m four-year loan to Chorley Community Housing to build 814 homes in the next three years.
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Online
Development corporation launched for Old Oak Common and Park Royal
London mayor Boris Johnson has launched the Old Oak and Park Royal Development Corporation which will aim to build up to 24,000 homes.
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Online
Valad Europe bought by Cromwell
Australian investor Cromwell Property Group has completed its acquisition of Valad Europe from Blackstone for £105m (€145m).
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Online
Study finds deferred business rates revaluation will hit regions hard
The government’s decision to defer a revaluation of business rates until 2017 is likely to cost companies in the north of England and the Midlands around £2.3bn, according to Bilfinger GVA.
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Online
Delancey forms JV with LRC at Royal Mint Court
Delancey has formed a joint venture with LRC Group to redevelop the Royal Mint Court office campus next to the Tower of London.
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Online
Secure Income REIT sells New Hall Hospital for £49.8m
Secure Income REIT has sold the freehold of a private hospital in Salisbury to clients of LaSalle Investment Management for £49.8m, reflecting a yield of 5.3%.
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Online
Starwood sells Shoreditch Ace Hotel for £150m
Starwood Capital Group has sold the Ace Hotel in London’s Shoreditch for £150m.