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All News articles – Page 12
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NewsICG hires team for Asia-Pacific push
Investment firm Intermediate Capital Group (ICG) has assembled a dedicated team to invest in Asia-Pacific real estate equity and debt.
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Grainger unveils plans for Derby BTR development
Listed residential property landlord Grainger is set to develop 259 build-to-rent apartments in Derby in a scheme due for completion in spring 2023.
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Hanover Green Retail promotes three to salaried partner
Hanover Green Retail has promoted Hannah White, Ben Selwyn and Alex Mann to salaried partner.
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‘Brown discounting’ to significantly devalue commercial real estate, says ESG firm
Real estate assets that fall short of good environmental, social and governance (ESG) credentials will suffer significant value depreciation due to ‘brown discounting’, according to ESG data intelligence firm Deepki.
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Avison Young puts London office Q1 investment at highest since Q3 2018
Around £5bn was spent on London office assets over the first three months of the year, making it the largest amount transacted in a single quarter since Q3 2018, according to real estate firm Avison Young.
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M&G’s European property fund raises record €524m in Q1
Savings and investment giant M&G’s €5bn (£4.21bn) European Property Fund has recorded its largest inflow for a single quarter in the fund’s 15-year history.
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Unite spends £65m to upgrade student properties in Manchester
Unite Students, the UK’s largest student accommodation operator, will invest £65m in an upgrade programme across three sites in Manchester.
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IPUT to double logistics portfolio with north Dublin acquisition
Irish property group IPUT Real Estate is acquiring a 118-acre site at Killamonan near the M2 motorway’s Cherryhound Interchange in the country’s capital, which it said would double the size of its logistics portfolio.
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The Crown Estate to carry out retail tender across entire London portfolio
The Crown Estate has launched a retail tender process for all its leasing agents across its London portfolio, Property Week understands.
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Gatehouse and TPGREP reveal build-to-rent platform Start Living
Gatehouse Bank and TPG Real Estate Partners (TPGREP) have launched a platform for the UK build-to-rent (BTR) sector aiming to develop 2,500 homes.
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MyWorkSpot unveils second flex space in Maidenhead
Flexible space operator MyWorkSpot has signed a lease for a second site in Maidenhead, at York House.
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Irish commercial property value growth under 1% for Q1 2022
Irish commercial property values have fallen short of the 1% growth mark through Q1 2022.
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PPHE Hotel Group records 2020 bounceback but stays far behind pre-pandemic performance
PPHE Hotel Group has fallen short of pre-pandemic revenue totals for Q1 2022, despite a near sixfold increase over the same period in 2021.
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abrdn recovers NAV to near 30% for 2021
abrdn, formerly known as Standard Life Investments Property Income Trust, has recorded a 12-month NAV total return for 2021 as valuations recovered.
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Private equity firm TDR leases second Marylebone office building
Private equity firm TDR Capital has expanded its operations in Marylebone, snapping up six floors of a recently refurbished office building, Property Week can reveal.
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Commercial property sector sees interest in space rise in Q1
The start of 2022 saw a jump in new tenants looking to rent UK commercial property, with the uplift particularly prevalent in prime office spaces, according to the RICS Commercial Property Market Survey.
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Urbanest signs green loan for PBSA scheme
The operator will develop a 852-bed London scheme with a £148m loan from LaSalle.
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Tickets for upcoming Later Living showcase selling fast
Tickets are selling fast for Property Week’s Later Living event and showcase in June.
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Savills takes ‘overflow’ flex office space as West End HQ is refurbished
Firm uses its flex office brand Workthere to find temporary space as 33 Margaret Street building is ‘refreshed’.
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Construction of Lviv development resumes
Ukrainian firm has ‘no other option’ but to restart construction of innovation park.
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