All News articles – Page 51
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News
Blue Coast Capital buys up Everyman Cinema shares
The company now holds a 28.3% stake in the chain.
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PW’s Get Set for Net Zero podcast series, ep 3: Preparing the property sector for the energy revolution
The third and final episode of Property Week’s Get Set for Net Zero podcast series centres on the theme of the energy revolution.
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Regional REIT dubs 2023 ‘one of most challenging years for REITs in memory’
The office investor admits it has not been ’immune’ from the sector’s difficulties.
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PBSA rental growth more than doubles in 2023
Average rental costs for student accommodation studios have jumped nearly 13% year on year.
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Birmingham’s Ringway Centre to be bulldozed for tower blocks
The iconic city centre building will be demolished to make way for up 1,750 homes.
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Puma Property Finance launches ESG framework
Borrowers could earn a fee reduction of up to 1% if they meet environmental, social and governance standards.
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LGIM invests £50m in Jigsaw Homes Group
The funding will increase the group’s existing investment to £125m.
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Civitas deployed £113m in H2 2023 for social infrastructure
The investment manager acquired or forward funded 22 healthcare assets
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I-RES welcomes ISS recommendation
Corporate governance adviser backs Irish firm’s call for investors to reject attempts to overhaul its strategy and board.
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BTR to see £8.1bn of investment this year
Cushman & Wakefield’s survey of existing investors shows strength of the sector.
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Bruntwood grows profits as occupancy and rent grow
Firm says Bruntwood business and Bruntwood SciTech JV enabled it to attract and retain customers amid real estate sector turmoil.
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BoE’s interest rate freeze dubbed ‘missed opportunity’ to boost housing market
Property experts say decision to keep base rate at 5.25% is missed opportunity to revive the economy.
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PLP pre-lets unit at Sheffield’s Bessemer Park
Forgefix, part of the Dormole group, will move into the 137,000 sq ft logistics and industrial facility.
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M Core continues shopping spree with Princes Square acquisition
Occupants at Glasgow retail development include Levi’s, Office and Everyman Cinema.
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Inland Homes administrators put £300m Cheshunt site on market
The Hertfordshire site for sale has planning permission for up to 882 new homes.
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Dudley shopping centre listed for £2.75m at Acuitus auction
West Midlands shopping centre to go under the hammer at Acuitus’s first 2024 sale.
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Online
LSL expects stronger 2024 figures after revenue slump in 2023
The estate agency group expects profits for its current financial year to be “materially ahead” of its 2023 figure.
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Urban Partners selected to pilot SBTi decarbonisation pathway
Investment platform among 15 firms chosen to test hybrid model for sector-specific standards.
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Online
Target Healthcare posts robust quarterly figures
The care home investor has reported its fourth consecutive quarter of net tangible asset (NTA) growth.
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UK ranked largest investment market in European offices, MSCI finds
The UK’s office sector remains the largest in Europe, despite record low number of properties sold.