All News articles – Page 47
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NAV dips at AEW UK REIT
Group posts 2.3% fall in net asset value for three months to the end of December.
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Clemett to step down as CEO of Workspace
Flexible office firm’s chief executive to step down after 16 years with the group.
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PPHE delivers positive trading update
PPHE Hotels expects revenue to beat previous expectations of £400m.
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Lettings surge mitigates 14% sales drop at Foxtons
London estate agent hit by fall in sales during 2023, but rental income helped it beat profit expectations.
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Landsec fully lets landmark Lucent West End scheme
Verition Fund Management signed for final floor of scheme behind Piccadilly Lights.
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Out of town retail pioneer Geoff Mason passes away aged 83
The Mason Partners founder will be ’dearly missed’.
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‘Bizarre Building Safety Levy will worsen housing crisis’, BPF warns
BPF brands inclusion of BTR, PBSA and senior housing ’bizarre’ as second consultation on levy opens.
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Mitsubishi and Stanhope bag trio of tenants for 8 Bishopsgate
Landmark office scheme over 80% let or under offer as BancTrust & Co, AEW and Helios Towers take space.
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Next 485-home phase of SP+ & Lovell’s Salford scheme gets greenlight
Lovell Together and SP+ secure consentfor 485-home phase of Pendelton scheme.
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Mayors in talks to revive HS2’s northern leg with private investment
Andy Burnham and Andy Street hatch plans to revive West Midlands to Manchester branch.
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Telford Homes gets go ahead on 1,000-unit Ilford BTR scheme
Reworked plans for east London residential scheme get the green light.
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Court of Appeal delivers blow to Adler’s €6bn debt restructuring plan
Lower court’s approval for restructuring to save German property group from insolvency is overruled
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Scape Living secures £105m loan for Hammersmith student scheme
NatWest and Virgin Money to fund west London development.
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I-RES repeats plea to investors to reject activist investor proposals
The board of Irish Residential Properties REIT has urged investors to vote against all resolutions proposed by Vision Capital, a 5% shareholder in the company.
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Abrdn reveals £150m cost-cutting plans
Investment giant abrdn has confirmed it is set to shed around 500 jobs as it seeks to slash annual costs and make its business more profitable.
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City planners approve £200m Gresham Street office retrofit
Green light for JP Morgan AM’s City office refurb
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Crest Nicholson CEO to quit after posting 70% slump in annual profit
Crest Nicholson chief executive Peter Truscott is quitting the company after the housebuilding giant revealed a 70% slump in annual profit.
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Experts warns mooted 99% mortgage scheme would be unaffordable
Government plan to help first-time buyers could spur house price inflation, industry figures say.
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Cross-party MPs criticise DLUHC’s ‘thin gruel’ levelling up progress
MPs slam rate at which government has allocated funds
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@peterproperty on the future of shopping malls
Landsec boss Mark Allan last week signalled a desire to spend up to £1bn on retail. Half may go on Liverpool One.