All News articles – Page 12
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NewsIFCO Systems takes 153,000 sq ft shed at Wakefield’s Prism Park
Investor BentallGreenOak and developer Equation Properties have agreed to pre-let a 153,323 sq ft shed to grocery supply chain specialist IFCO Systems UK at their Prism Park business park in Wakefield, Yorkshire.
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‘Real risk’ of buyers facing negative equity as Skipton launches 100% no-deposit mortgage
Fears have been raised that those seeking to get onto the property ladder via 100% mortgages could face negative equity in the future.
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Experts say ‘uncertainty could stall housing market’ as BoE raises rate to 4.5%
The Bank of England’s Monetary Policy Committee (MPC) has voted by a majority of 7–2 to increase the bank rate to 4.5%, causing concerns about uncertainty in the property market.
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Leumi lends Fattal £43.7m for Brighton Grand purchase and refurb
Fattal Hotel Group has secured a £43.7m loan for the acquisition and refurbishment of The Grand hotel in Brighton from specialist property lender Leumi UK.
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Convene to open 45,000 sq ft City meetings and events venue
US hospitality operator Convene is to open a 45,000 sq ft City of London meetings and events venue at Greycoat and Mitsui Fudosan’s Sancroft redevelopment in St. Paul’s.
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Grainger produces bumper figures as rental boom continues
Grainger, the UK’s biggest private landlord, has posted a bumper set of half-year figures as the rental market continues its post-pandemic boom.
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LendInvest joins forces with BNP Paribas in £300m funding syndicate
Finance platform LendInvest has added BNP Paribas to its £300m financing syndicate with HSBC and Barclays Bank to support its short-term mortgages business.
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Caddick Group posts 42% leap in profit
Yorkshire-headquartered Caddick Group has increased its profits by 41.8% and its turnover 28% compared to a year previous, after a record year of development, according to its annual results.
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Martin’s Properties reveals line-up of retail and restaurants for flagship King’s Road scheme
Martin’s Properties has pre-let its entire flagship 33 King’s Road scheme in Chelsea after agreeing deals with five retail and restaurant occupiers, Property Week can reveal.
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Moda Living among winners at Property Week’s RESI Awards
Build-to-rent specialist (BTR) Moda Living was the big winner at Property Week’s RESI Awards last night, securing two awards on the evening.
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Glenbrook wins appeal over 625,000 sq ft Wigan park
Developer Glenbrook has won a planning appeal to build a 625,000 sq ft business park in Wigan.
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IPIM expands investor relations with new London office
Asia-based IP Investment Management (IPIM) has opened its first UK office in Haymarket, central London.
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Colliers recruits Mozaffari as head of energy and sustainability
Commercial real estate firm Colliers has recruited Alex Mozaffari as its head of energy and sustainability.
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Landsec to treble Myo flex office space in London
Landsec is set to treble the size of its flexible office brand by opening three new Myo locations in London this year.
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Octopus Real Estate lends £22.4m to MCR Property Group for 64 homes
Octopus Real Estate, part of Octopus Investments and a UK specialist real estate lender and investor, has provided MCR Property Group with a £22.4m loan to fund a development of 64 houses in Buckinghamshire.
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Renters Reform Bill blamed by landlords exiting market
The upcoming Renters Reform Bill (RRB), has been cited as a key reason for private landlords selling their properties, according to research conducted on behalf of Property Week.
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Civitas Social Housing agrees £485m takeover deal with CK Asset Holdings
Civitas Social Housing has agreed terms to sell the company to Wellness Unity, a wholly owned subsidiary of CK Asset Holdings, following a £485m cash takeover offer.
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Khan makes election pledge to create City Hall housing developer
Sadiq Khan has pledged to create a new GLA-owned housing developer if he is re-elected as London mayor at next year’s elections.
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Rasmala launches UK resi vehicle with $2bn investment target
Middle Eastern alternative investment manager Rasmala Investment Bank plans to build a UK residential portfolio with an investment value of more than $2bn (£1.58bn).
