All News articles – Page 18
-
NewsGove slams Railpen over fire safety issues
Housing secretary Michael Gove has accused the Railway Pension Scheme (Railpen) of failing to fix “life-critical” fire safety risks in 10 residential buildings.
-
News
Nuveen acquires Easistore’s South East self-storage portfolio
Nuveen Real Estate has entered the UK self-storage market, acquiring a portfolio of four assets across the South East from Easistore on behalf of its European Value Add strategy.
-
News
Great Portland Estates reports leasing record for year to 31 March
Great Portland Estates (GPE) achieved a record 105 new leases and renewals in the year to the end of March, generating annual rent of £55.5m, the company has reported.
-
News
Grosvenor launches £120m residential debt strategy
Grosvenor has launched a £120m debt strategy to finance residential development and diversify its £800m regional investment portfolio.
-
Online
LXI REIT posts 8% valuation fall
LXi REIT has revealed an 8% fall in the value of its long-income portfolio as it suffers from industry-wide outward yield movement.
-
News
Travis Perkins completes £23m sale-and-leaseback deal
Travis Perkins has agreed the sale and leaseback of a portfolio of seven properties to funds managed by Longmead Capital for £23m.
-
Online
PRS REIT passes 5,000-homes milestone as it targets further rental income
PRS REIT has revealed a 16% rise in estimated rental value (ERV) of its portfolio as its number of completed build-to-rent (BTR) homes passes the 5,000 milestone.
-
Online
UK BTR investment exceeds £1.1bn in first quarter of 2023
Investment in the UK build-to-rent (BTR) sector exceeded £1.1bn during the first three months of 2023, according to new research.
-
News
PfP Capital forms £390m regional resi JV with Housing Growth Partnership
Real estate fund manager PfP Capital and Housing Growth Partnership, an equity investor backed by Lloyds Banking Group, have launched a joint venture to develop a £390m pipeline of homes across regional UK cities, Property Week can reveal.
-
News
HFD pays £4.5m for 36,000 sq ft industrial unit in Scotland
Commercial property firm HFD Property Group has bought a 36,055 sq ft unit at Hamilton International Park for £4.5m from Wemyss Properties, adding to its portfolio at the central Scotland business park that it has managed since 2008.
-
News
Olympian Homes’ 46-storey east London tower gets green light
Developer Olympian Homes has gained consent from Tower Hamlets Council to build 795 co-living homes in a 46-storey building on the Isle of Dogs.
-
News
UK corporate distress rises to its highest level since June 2020
Corporate distress in the UK has risen to its highest level since June 2020, despite easing marginally across other key European markets, according to the latest Weil European Distress Index.
-
News
Former British Land director joins Precede Capital’s board
Nigel Webb, former director and head of development at British Land, has joined the board at real estate development lending platform Precede Capital Partners.
-
News
Kajima hires Philip McLaughlin as project director in London team
Japanese investor, developer and manager Kajima has hired Philip McLaughlin as a real estate project director focused on logistics and student accommodation.
-
News
Footasylum steps into larger store format for rollout
Footasylum, the streetwear and sportswear retailer bought by private equity firm Aurelius Group last year in a £37.5m deal with JD Sports, is aiming to open larger-format stores across the UK.
-
News
Birmingham’s Star City placed up for sale for £65m
Real estate asset manager and developer Quadrant has placed major UK leisure destination Star City up for sale for a reported £65m, Property Week understands.
-
News
Swansea’s former Debenhams store to return to retail use after council purchase
Swansea Council has purchased the former Debenhams store in Swansea’s Quadrant Centre and is set to bring the 114,000 sq ft shopping centre unit back into use.
-
Online
LSL sells two advisory divisions to Pivotal Growth
LSL has sold its mortgage, protection and general insurance brokerage firms for almost £18m to national mortgage broker Pivotal Growth.
-
Online
Belvoir board takes 40% pay rise in 2022 despite fall in pre-tax profit
The board of estate agency group Belvoir awarded itself a 40% pay rise last year, despite a fall in annual profit.
-
News
Long Harbour appoints Jack Spearman to lead housing platform
Specialist real estate investment, development and management firm Long Harbour has appointed Jack Spearman to lead its new single family housing platform.
