All News articles – Page 14
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Mailbox prepares to exit IPSX as exchange winds down
Mailbox REIT has revealed it will quit the International Property Securities Exchange (IPSX) following the announcement that the single-asset investment market is winding down its business following funding issues.
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Nuveen secures €40m investment for pan-European push
Nuveen Real Estate has secured a further €40m (£34m) in capital commitments for its pan-European diversified strategy from a Canadian institutional investor.
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Jones joins asset management team at Europa
Sabine Jones has joined the asset management team at Europa, a specialist in core and non-core fund investing, as a director, based in London.
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Lidl opens its largest-ever distribution centre in Luton
Budget supermarket giant Lidl has opened its largest-ever warehouse in Houghton Regis, Luton.
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Landsec secures first letting at net zero Southwark offices
Landsec has let the fourth floor of its net zero office development The Forge in Southwark, London to carbon capture firm Carbon Clean.
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Birchgrove bolsters team with new CFO and COO
Rented retirement homes provider Birchgrove has appointed Raphaël Koifman as chief financial officer (CFO) and Marcus Hodges as chief operating officer (COO), to help drive growth and support predicted demand for rental homes in the next decade.
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Home REIT plans boardroom clearout over next 12 months
Home REIT plans to replace all of its board members within the next 12 months as the scandal-hit social housing investor desperately attempts to turn its fortunes around.
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BRE ends licensing agreement with energy performance rating tool NABERS UK
The Building Research Establishment (BRE) has ended its licensing agreement with energy performance rating tool NABERS UK.
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Hill and Bruce join The Agency UK board
Harry Hill, former chief executive of Countrywide, and Purplebricks co-founder Kenny Bruce have joined The Agency UK’s (TAUK’s) board.
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Rayner takes over from Nandy as shadow housing secretary
Angela Rayner has been labelled a "very strong appointment" by industry sources after taking up the role of shadow secretary for levelling up, housing and communities in Sir Keir Starmer’s Labour shadow cabinet reshuffle.
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Staffordshire R&D premises changes hands for £6.5m
Siddall Jones has advised an undisclosed vendor on the £6.5m sale of a warehouse and office premises on Fradley Park in Staffordshire.
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Pobl Group gains £100m loan for South Wales sustainable homes development
South Wales housing association Pobl Group has gained a £100m sustainability linked loan from Lloyds Bank to help develop 10,000 sustainable homes over the next decade.
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Knight Frank appoints diversity chief
Knight Frank has appointed Hannah Awonuga as group head of equity, diversity and inclusion (EDI).
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IPSX to wind down as it fails to find new investment
The International Property Securities Exchange (IPSX) is set to wind down claiming its aim to “revolutionise” property investment has been hit by “a lot of bad luck”.
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Select secures finance deal for resi development in Manchester
Select Property has agreed a £128.5m finance deal with Maslow Capital to fund the development of a residential scheme in Manchester’s Northern Quarter.
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PHP appoints former NewRiver director Davies as CEO
Primary Health Properties (PHP) has appointed NewRiver REIT co-founder Mark Davies as its next chief executive.
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Housing Growth Partnership invests £18m to fund new Midlands homes
Lloyds-backed equity investor Housing Growth Partnership (HGP) has invested £17.7m of equity across seven housing schemes in the Midlands since the start of 2023.
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Half-year profit rises at Belvoir
Estate agency franchise firm Belvoir Group has posted a 3% rise in revenue for the first half of its financial year to the end of June to £15.9m, compared to £15.4m for the same period last year.
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School crisis intensifies industry concern over at-risk RAAC buildings
Calls for nationwide inspections of housing stock and safety reviews of commercial buildings thought to contain a potentially dangerous type of concrete have intensified after the government ordered more than 100 schools to close down affected buildings.
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London Square acquires £180m south London resi development site
Developer London Square has acquired a site in Crayford, south east London, to create a £180m development with 559 homes.