All News articles – Page 38
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News
Goldman Sachs and Tene Living acquire 260 BTR units in Wembley
Goldman Sachs Asset Management and Tene Living acquire three build-to-rent (BTR) assets from Quintain.
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Shareholders vote to keep Glasgow’s Reidvale Housing Association independent
Shareholders of Glasgow-based Reidvale Housing Association (RHA) have voted against residents to reject proposals to amalgamate with nationwide association Places for People Scotland.
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HMRC snaps up its Croydon headquarters at 1 Ruskin Square
His Majesty’s Revenue and Customs (HMRC) has purchased its headquarters at Croydon’s 1 Ruskin Square, paying a reported £115m.
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@PeterProperty on the why Savills’ results might be the canary in the coalmine
Expect losses in America and on the continent. Expect profit way down on the £153m in 2022.
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More Heathrow shareholders plan ‘tag-along’ sale of 35% stake
Heathrow shareholders with 35% stake to sell shares in a ’tag-along’ deal with the airport’s majority owner, Ferrovial.
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Charles Irvine wins £100m backing to build 60 EV service stations
Joint venture (JV) between Charles Irvine and Meadow Partners plans 60 sites across the UK.
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Marldon appoints Savills and Colliers to sell two London apartment schemes
Developer mandates Savills and Colliers to offload freeholds of two London serviced apartment schemes.
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Jenkins joins LS Estates as MD from Quadrant Estates
London-based real estate developer LS Estates has appointed Rowan Jenkins as managing director, development.
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IPSX staff pay almost doubled despite £7m loss in year before collapse
The International Property Securities Exchange (IPSX) almost doubled staff pay in the year to the end of June 2022, ahead of announcing its collapse last September.
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Average house prices fall despite increases in Scotland, says ONS
ONS House Price Index shows fall in 12 months to November 2023.
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PRS REIT increases ERV by 19%
Rental group PRS REIT increased its estimated rental value (ERV) 19% year on year to £60.3m in the final quarter of last year, according to its latest trading update to investors.
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Online
NAV up 4.7% at Safestore but profits down
Self-storage group posts 4.7% rise in net asset value for year to end of October.
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Cain lands £188m refinancing for The Stage in Shoreditch
Cain-led consortium refinances residential part of east London scheme with Macquarie Capital.
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Locale breaks pandemic ‘shackles’ to expand portfolio
Firm reports 18% annual recurring revenue (ARR) rise and portfolio growth.
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Singapore’s first UK-focused commercial vehicle raises £28m
Elite Commercial REIT has raised gross proceeds of approximately £28m as it prepares for its next phase of growth.
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Muse appoints Sellars as Midlands project director
Developer Muse has appointed Elliot Sellars as project director in the Midlands.
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Government Property Agency teed up for Manchester green office campus
GPA lined up as possible development partner and occupier for conversion of Central Retail Park into office campus.
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London Tunnels plans London Stock Exchange flotation
Tourist attraction developer intends to undertake first IPO of 2024
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Harvey Norman to open 57,000 sq ft flagship store at Merry Hill
Lifestyle, technology and entertainment retailer to occupy former Debenhams store.
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Mace names interim MD for public sector and life sciences business
The consultancy and construction firm has appointed Rob Lemming as interim managing director for its public sector and life sciences business.