All News articles – Page 25
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NewsOxford Street set for 1m sq ft retail to office shift
Oxford Street is set to see 1m sq ft of former retail space converted to office space in the next five years, with West End experts the high street is on the brink of a “generational change”.
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Allegra Care and Moorfield Group add 183 beds to later living portfolio
A joint venture between care home operator Allegra Care and real estate fund manager Moorfield Group has acquired four nursing, dementia and care homes.
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SEGRO prices £350m bond
SEGRO has priced a £350m, 19-year, unsecured bond that the group told investors will be used for “general corporate purposes”.
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LendInvest reports leap in funds under management and profits
LendInvest increased funds under management by 20% year on year as profit leaped 45% in the six months to the end of September.
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Home REIT responds to Viceroy criticism
Home REIT has hit back at criticism from financial research group Viceroy Research, calling it “baseless and misleading”, after being forced to pull its full-year results launch on Tuesday (29 November).
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Mixed-use lot in Muswell Hill leads McHugh & Co online sale
More than 200 lots are listed in the December auction, including properties in London and Leicestershire
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My Auction reveals biggest line-up of 2022 for final sale of the year
My Auction’s next sale on 13 December will be its busiest of 2022, according to the online property auction specialist, with a 77% leap in the number of lots on offer compared with its sale two months ago.
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Panattoni buys 257,000 sq ft Brighton speculative logistics site
Logistics real estate developer Panattoni has acquired a site near Brighton for a 257,000 sq ft speculative logistics development.
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SEGRO launches community investment plans
Warehouse giant SEGRO has launched community investment plans it claims will provide economic and social benefits for thousands of people in the communities closest to its operations.
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Overseas investment into London ‘solid but challenging’
London’s appeal to overseas investors remains solid, but the UK’s economic troubles are bringing “challenges”, property experts have told Property Week.
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Mortgage approvals decline ‘no cause for alarm’
The Bank of England (BoE) Money and Credit statistics have revealed mortgage approvals for house purchases decreased by 10%, from 66,000 in September to 59,000 in October.
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Greenlight for Freshwater’s 11-storey Croydon office tower
Developer Freshwater has been given the go-ahead to build a 175,000 sq ft office scheme opposite East Croydon station.
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Government launches £1bn ECO+ home insulation scheme
The government has announced a £1bn scheme to improve energy efficiency in British homes and save households an estimated £310 a year on energy bills.
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Urban Logistics signs up 2Excel for 56,000 sq ft Peterborough shed
Last mile-focused specialist Urban Logistics REIT has let a 56,385 sq ft warehouse unit in Peterborough for 15 years to logistics and road haulage group 2Excel Logistics.
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Aviva Investors invests £80m in social housing provider CKH
Aviva Investors, the global asset manager of insurance giant Aviva, has undertaken an £80m placement in Cross Keys Homes (CKH), a social housing association based in Peterborough.
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Shaftesbury enjoys post-pandemic bounce back
West End landlord Shaftesbury has experienced a sharp post-lockdown bounce back with net tangible assets (NTA) and property values rising in the year to the end of September.
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Crown Estate strikes 25,000 sq ft office deal in London’s West End
The Crown Estate has completed a 25,000 sq ft office letting to private equity firm Bregal Investments at its AirW1 development on Air Street in London’s West End, Property Week can reveal.
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LendInvest seeks £300m for new fund
LendInvest is to launch an open-ended fund seeking to raise £300m, with more than £200m in capital already committed from investors.
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Quarter of UK homes for sale see asking prices reduced
Zoopla, the online real estate platform, said 25% of UK homes for sale have reduced asking prices, with one in 10 homes seeing a price reduction of 5% or more since September 2022.
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Milligan shifts to ‘new breed’ of developer with leadership restructure
Developer Milligan has unveiled a major leadership restructure which sees founder John Milligan named as executive chairman and Stuart Harris replacing him as chief executive.
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