All News articles – Page 25
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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.
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Logicor set for largest redevelopment in the UK
Logicor, owner and manager of European logistics real estate, has outlined plans for its largest UK redevelopment to create 800,000 sq ft of modern logistics across 38.5 acres, which will be known as Logicor Park Daventry.
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Place-making ‘consistently underestimated’ by Gove’s housing plans
Place-making and high street regeneration have been “consistently underestimated” by government in the latest string of planning and housing policy announcements, industry figures have warned.
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Experts brand DLUHC local plan proposals ‘unrealistic’
Planning experts have branded proposals in the Department for Levelling Up, Housing and Communities’ (DLUHC) consultation on speeding up delivery of local plans ‘unrealistic’.
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Olympian Homes signs UK’s second largest Section 106 payment at £47.9m
Olympian Homes has signed a £47.9m Section 106 Agreement with the London Borough of Tower Hamlets (LBTH) and the Greater London Authority (GLA), which it says is the UK’s second largest to date, as part of the planning process a for a 795-unit co-living scheme in Marsh Wall on the ...
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Government’s £24m boost to clear planning backlog ‘not enough’
The government’s £24m boost to help clear the planning system backlog will not be enough to address the skills shortage and long-term lack of funding, industry representatives have warned.
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Gove launches ‘super squad’ of planners to support Cambridge plans
The government is giving £13m of funding to its new “super squad” of expert planners tasked with unblocking major housing and infrastructure developments.
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Audley Group forms multi-site joint venture with Octopus and PIC
Audley Group, provider of integrated retirement communities (IRCs), has formed a joint venture with a partnership between Pension Insurance Corporation (PIC) and Octopus Real Estate.
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Lendlease recruits Mitchell as head of equity for European capital markets
Austin Mitchell has joined real estate group Lendlease as head of equity capital markets.
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Dominus pays £27.5m for Square Mile ‘trophy’ office block
Dominus Real Estate has snapped up the RBS office building 5-10 Great Tower Street in the Square Mile from NatWest for £27.5m with an eye on converting it for alternative use.