All News articles – Page 25
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OnlineRegional REIT expands portfolio with three office deals
Regional REIT has completed £48.2m of office acquisitions across three separate deals in Crawley, Derby, and Milton Keynes.
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NTA up 12% as British Land returns to annual profit
British Land has posted a 12.2% rise in net tangible assets to 727p per share, while the value of net assets came in at £6.7bn, up from just under £6bn 12 months ago.
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Workman makes 48 promotions across business
Commercial property management and building consultancy firm Workman has made 48 promotions across the business.
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Stockport MDC seeks long-term joint venture partner for Stockport 8
The Stockport Mayoral Development Corporation (MDC) has revealed the latest development opportunity within the town centre’s £1bn transformation and is seeking a long-term joint venture partner for the project.
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M7 Real Estate offloads Gloucestershire industrial estate
M7 Real Estate has sold the Formal Industrial Estate (Formal IE) in Tewkesbury, Gloucestershire, to a private client of Real Estate Investment Management.
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Vengrove bags brownfield land in Reading for logistics scheme
Vengrove has acquired two acres of brownfield land in Reading for the development of a £16.5m GDV mid-box logistics scheme of 40,000 sq ft.
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Moda Living hands energy data to residents
Moda Living has launched a new data-led proptech platform to modernise the way residents interact with their energy consumption in order to boost ESG performance and reduce the cost of living.
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M7 Capital refinances five-asset Avignon portfolio with £19m loan
M7 Capital has provided a £19m loan to refinance a mixed-use portfolio managed by Avignon Capital.
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Essenys appoints Harvey as new chief financial officer
Sarah Harvey has joined UK proptech firm essensys’ board of directors as chief financial officer of the group.
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KPMG’s Connor joins Allsop as new chief financial officer
Allsop has appointed Lesley Connor as its new chief financial officer and chief operations officer.
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Nearly 9,000 mid-rise buildings in England affected by ‘life threatening fire risks’
Between 6,220 and 8,890 of mid-rise residential buildings in England require work to fix “life-threatening fire risks”, according to a pilot study from the Department for Levelling Up, Housing and Communities (DLUHC).
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Green light for 307-home modular development at Burgess Hill
Places for People and ilke Homes have been given the green light to deliver 307 homes at Burgess Hill in Mid Sussex.
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EQT Exeter to acquire six PBSA assets
EQT Exeter is to acquire six student accommodation assets located across the UK via two transactions with Watkin Jones and Tide Construction.
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Shaftesbury acquires £27.5m retail portfolio in Soho
Shaftesbury has bought a 200-year ungeared leasehold of retail space in Soho for £27.5m, paving the way for the creation of 11 new units.
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Watkin Jones posts drop in profits despite revenue intake
Watkin Jones has posted a 56% drop in underlying pre-tax profits in the first half of this year, despite recording an 8.2% increase in revenue to £193m.
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Landsec targets £3bn of London deals as annual figures bounce back from pandemic
Landsec has revealed a £3bn war chest to invest in London offices and mixed-use developments over the next five years.
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Tritax EuroBox boosts NAV 6%
Tritax EuroBox has posted a 6% rise in net asset value (NAV) for the first six months of its financial year.
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Landsec launches decade-long £20m fund to improve diversity
Landsec has launched a £20m fund to improve social mobility across the property industry over the next 10 years.
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AO Business appoints Giles as housebuilder lead
AO Business, the B2B division of online electricals retailer AO, has appointed Roger Giles, previously its business development manager, to lead its housebuilder team.
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Office to resi conversions jump 24% on last year
The number of office buildings approved for conversion into residential housing has increased by 24% from last year.
