All News articles – Page 16
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NewsM&G Real Estate hires Robin Hubbard to lead investor relations
M&G Real Estate, the property arm of investment giant M&G, has appointed Robin Hubbard as global head of real estate investor relations and investment specialists.
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Property Franchise Group posts leap in annual profit
Property Franchise Group has posted a 38% leap in profit off the back of a 13% rise in revenue for the year to the end of December.
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CrowdProperty secures £15m investment
British Business Investments committed £15m to CrowdProperty, the Midlands-based specialist property development lender.
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ETCH appoints Jack de Wet as development partner
Jack de Wet has been appointed as development partner at hospitality and leisure specialist consultancy ETCH.
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US private equity firm Apollo launches Soho office as new European HQ
US private equity giant Apollo has launched a new European headquarters in central London, combining its existing workforce in the capital into a new 88,000 sq ft office development.
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Hammerson shareholders voice support for board amid Lighthouse revolt
A number of Hammerson’s major shareholders have thrown their weight behind the firm’s board and pledged to back its strategy amid a revolt from its largest shareholder Lighthouse Properties.
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CBRE appoints WeWork director as head of flex for the north
Jordan Saleh has been appointed as CBRE’s head of flex for the north as the agency looks to drive growth in the evolving sector’s northern market.
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Ires REIT sale ‘not in best interest’ of shareholders, says board
The board of Ires REIT, Ireland’s largest private landlord, has rejected an activist investor’s call to sell the company, stating the process would be “disruptive for the business”.
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Palmer becomes Your Tribe director
Purpose-built student accommodation (PBSA) developer Your Tribe has appointed Duncan Palmer as director of student accommodation
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BPF and UK PropTech Association set to merge
The British Property Federation (BPF) and the UK PropTech Association (UKPA) have announced an intention to merge in order to drive innovation in the property industry.
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Sirius posts 8% rise in annual rent roll
Sirius Real Estate has told investors that its annual rent roll across its German and UK portfolios increased by 8.1% in the year to the end of March.
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Telford Homes and Notting Hill Genesis secure £66m forward-sale of London BTR scheme
Telford Homes, Notting Hill Genesis and London BTR Investments have agreed a £66m forward-sale of the build-to-rent (BTR) element of the Gallions Quarter site at Royal Albert Wharf, in London’s Royal Docks.
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Silbury Finance provides £39m loan for brownfield site deal in Surrey
Silbury Finance has provided a £39m loan to Stonegate Homes to develop a brownfield site in Dorking, Surrey.
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PICS Telecom dials in for 66,000 sq ft at M7’s Bristol business park
Investor and asset manager M7 Real Estate has let a 66,000 sq ft logistics building on Western Approach Distribution Park in Bristol to telecom network services provider PICS Telecom.
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Firms make undisclosed settlement with over 900 people on Grenfell tower civil claims
A number of firms involved in the refurbishment of Grenfell Tower have agreed a settlement with more than 900 bereaved family members, survivors and local residents for their civil claims arising from the 2017 fire.
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Spitfires Homes and Crest Nicholson get green light for 222-home Daventry scheme
Housebuilders Spitfire Homes and Crest Nicholson have secured reserved matters approval to build 222 homes on land at Malabar Farm in Daventry, Northamptonshire.
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Concerns raised over planning permission proposals for holiday lets
Government plans to require short-term rental owners in England to seek planning permission has raised concerns from property specialists.
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Sellar’s £1.5bn Liverpool Street redevelopment receives key backing
The City of London Chamber of Commerce (CLCC) has backed Sellar’s controversial plans for a £1.5bn redevelopment of Liverpool Street Station.
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Inland Homes completes £5m fundraising and appoints review firm
Housebuilder Inland Homes has completed a £5m fundraising to finance working capital requirements by issuing a second tranche of 25m new shares at 10p per share.
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Blackstone’s £500m takeover of Industrials REIT agreed
Private equity giant Blackstone’s Bidco and Industrials REIT have agreed terms for the takeover of the trust in a cash deal valuing the multi-let industrial (MLI) operator at £500m.
