All News articles – Page 23
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News
UDS Group moves into new 80,000 sq ft hub at Galgorm Industrial Estate
Northern Irish logistics firm UDS Group has moved in to a new 80,000 sq ft hub at Galgorm Industrial Estate, Ballymena, as part of a £350,000 investment.
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Manchester City wins approval for £300m stadium expansion and entertainment district
The £300m expansion of Manchester City Football Club’s Etihad Stadium has been given unanimous approval by planners.
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Greater Manchester Pension Fund sells two London retail assets for £21.9m
Greater Manchester Pension Fund has sold two retail properties in West London for a combined value of £21.9m
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Casa by Moda buys Leeds site to build 223 single-family rental homes
Casa by Moda, the single-family homes arm of developer and operator Moda Living, has completed the acquisition of a six-acre site in Leeds to deliver the brand’s first single-family rental (SFR) homes neighbourhood in the city.
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P3 Logistic Parks begins expansion into UK with acquisition of two SEGRO sheds
European logistics developer and manager P3 Logistic Parks is expanding into the UK with the acquisition of two logistics assets for an undisclosed fee from SEGRO.
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Stewart Milne sees strong return to profits
Scottish housebuilder Stewart Milne Group has delivered pre-tax profits of £16.5m for its financial year ending 31 October 2022, representing its best results for almost a decade.
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Hicks departs Colliers for TSP
Colliers’ former senior surveyor Katie Hicks has joined real estate investor and asset manager TSP as portfolio manager.
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New Rightmove CEO to expand platform as revenue continues to rise
Revenue at Rightmove has increased 10% to £179.5m in the first half of 2023 compared to the same period last year, which represents its highest revenue growth in a first half of a period since 2018.
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Orega set to open its first flexible workspace in Newcastle
Flexible workspace provider Orega is set to open a new location at St James Gate in Newcastle following an agreement with Palace Capital.
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Lego Group to open second Irish store this autumn
The Lego Group is to open its second store in Ireland with the launch of a new location at Blanchardstown Shopping Centre in Dublin later this year.
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NAV nudges up at Schroder Real Estate Investment Trust
Actively managed UK-focused REIT Schroder Real Estate Investment Trust (SREIT) has reported an increase in net asset value (NAV) to £301.1m, or 61.6p per share (pps), for the quarter to 30 June 2023.
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Greystar submits fresh plans for key Croydon development site
Greystar has submitted proposals to build 783 rental homes across two buildings, a public green square, flexible working space and a retail unit at One Lansdowne in Croydon, south London.
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Harworth delivers operationally robust H1
Harworth Group has delivered an operationally robust trading update for the six months to 30 June 2023 with a strong balance sheet, with low gearing and significant available liquidity.
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NAV at SEGRO dips in first half but profit rises
Net asset value (NAV) at industrial giant SEGRO fell 3% in the six months to the end of June following a 1.4% fall in the value of its portfolio.
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Improving half-year figures allow Hammerson to return to a cash dividend
Hammerson has posted an improving set of half-year figures, which revealed only a small fall in net asset value (NAV) and net tangible assets (NTA).
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Foxtons reports 9% revenue rise as lettings grow but sales decline
Foxtons Group has reported a 9% rise in revenue to £70.9m for the half year ended 30 June 2023, as lettings growth continues to make up for declining sales.
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Mera IM completes £22m loan with Ortus Secured Finance
Boutique real estate lender Mera Investment Management (Mera IM) has completed a £22m co-loan with Ortus Secured Finance secured against a prime new-build luxury home in the South East of England.
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Government’s second investment zone launched in Liverpool
England’s second investment zone has been launched in Liverpool, with the potential to unlock £320m of private investment in the region.
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Infrastructure proposals will increase 'burden on promoters to get things right first time’
The government has opened a consultation on accelerating major infrastructure projects, focusing on changes to make the system work more effectively for applicants, local authorities and communities.
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Group of 40 companies urge Gove to introduce Small Sites Planning Policy
A group of 40 organisations have signed an open letter to housing secretary Michael Gove urging him to take action to support the SME and affordable housing sectors.