All News articles
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NewsDirectors snap up propco shares during first three weeks of March
Property company directors bought around £3.4m of shares in their companies during the first three weeks in March, taking advantage of sharp share price falls.
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Edinburgh and Glasgow see sharpest decline in shoppers
Retail footfall in some UK cities fell far more steeply than in others in the weeks running up to the nationwide lockdown, data from footfall tracker Purple shows.
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Savills raises £18.4m at first ever remote-bidding-only sale
Auctioneer scores 67% success rate despite being forced to switch from ballroom to online sale at last minute
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Retail landlords suffer big Q1 rent shortfalls
WHSmith, New Look and Pret are among high street names to withhold payment
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Green light for Eutopia Homes’ £130m, Exeter ‘Urban Village’
Eutopia Homes has secured planning permission for 400 new homes and 65 extra-care beds on a 15-acre site, just over a 10-minute walk from Exeter city centre.
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Property Stocks Daily Performance: Thursday 2nd April
We look at the performance of the top property company stocks.
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Non-bank lenders scramble to renegotiate loan terms
Alternative lenders are being flexible on terms to help landlords that are struggling due to coronavirus
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Major proptech firms to collaborate on tech solutions for residential
A new proptech innovation programme called PropertyLab is being launched collaboratively between developers, proptech firms and VC funds to create tech solutions for the residential sector.
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Bond Wolfe cancels May auction
West midlands-based auction house Bond Wolfe has cancelled its May auction in response to the ongoing coronavirus crisis.
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Proptech LandTech launches free platform to help communities battle Coronavirus
The makers of development site-sourcing platform LandInsight have repurposed their platform to fight the coronavirus pandemic and help communities match volunteers and those in need.
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Over 80% of institutional investors think investment in long income property will increase
Over 80% of professional investors believe the level of investment in long income property from pension funds will rise over the next two years.
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Allsop raises over £27m at March auction despite Covid-19 restrictions
Allsop raised £27.5m at its commercial auction this week, selling 70% of the lots offered via an online-only platform.
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Office sector will weather pinch on co-working occupiers, analysis finds
The stress co-working and flexible offices are feeling from population lockdowns ha not seeped into the broader office market yet, according to a new analysis by independent economic research firm Capital Economics.
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Legal & General sells Bracknell office for £33m
Honeywell House in Bracknell has been sold by LGIM Real Assets to Runnymede Borough Council for £32.9m.
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Jefferies analyst Mike Prew turns from bear to bull
Jefferies analyst Mike Prew has upgraded a raft of real estate stocks to ‘buy’ and predicted a wave of M A activity in the listed property sector.
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Safestore reports occupancy fall of just 0.8% since outbreak
Safestore has reported a dip in occupancy of just 0.8% since the first quarter ended on 31 January.
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Feeney leaves Lloyds for Mizuho Bank
Mizuho Bank has hired Lloyds Bank’s former head of real estate John Feeney as managing director, head of European corporate finance department.
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SoftBank walks away from $3bn WeWork shares purchase
SoftBank has walked away from buying $3bn (£2.4bn) of WeWork stock.
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LondonMetric collects high portion of quarterly rent due
LondonMetric has so far collected 85% of the rent due for the coming quarter and it expects to receive another 7% shortly.
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Brookfield acquires 50% stake in Harwell Campus
Brookfield Asset Management has exchanged contracts to acquire a 50% stake in Harwell Campus in Oxfordshire from U+I Group and Harwell Oxford Partners.
