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All News articles – Page 6
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OnlineShaftesbury Capital boasts of strong start to Christmas trading
Shaftesbury Capital has reported high footfall across its West End portfolio, which has led to a 12% rise in sales for its tenants as the Christmas trading period begins.
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NewsWalsall’s Victorian Arcade listed at £4.2m at upcoming Bond Wolfe auction
Bond Wolfe’s next auction on 14 December will include a grade II-listed, town-centre retail arcade in Walsall in the West Midlands, on sale for £4.2m, having been on the market for £5.75m with another agent since June.
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NewsClive Emson publishes listings for December auction
Auctioneer Clive Emson has revealed an online catalogue of 150 commercial and residential lots set for its online auction on 13 December.
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NewsArmo and Flemyn secure planning permission for £220m Croydon BTR development
A joint venture between real estate investors Amro Partners and Flemyn has secured planning permission to redevelop a hotel in Croydon as a £220m-GDV build-to-rent (BTR) scheme.
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NewsAtelier reports 90,000 new UK homes are empty due to high mortgage deposit requirements
Low loan-to-value (LTV) ratios offered by mortgage lenders have left an estimated 90,000 new-build houses empty, according to specialist finance lender Atelier.
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NewsMatter launches single-family rental fund with £110m Placefirst recapitalisation
Investment firm Matter Real Estate has provided a £110m recapitalisation fund for 560 single family rental (SFR) homes developed and managed by Placefirst, in its first investment for a new fund targeting the residential sub-sector.
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NewsImap Properties seeks to offload Nottingham PBSA scheme for £10m
Imap Properties has appointed Savills to market 103-bed purpose-built student accommodation (PBSA) scheme in Nottingham up for sale, seeking offers in excess of £9.8m.
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NewsHallmark Luxury Care Homes seeks partner to support refinancing and growth
Later living brand Hallmark Luxury Care Homes (Hallmark) is seeking a new partner to support growth and investment as two of its main shareholders gear up for retirement.
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NewsFormer C&W head of hotel transactions rejoins CBRE
Global real estate adviser CBRE has appointed Rob Seabrook from Cushman & Wakefield as an executive director in its hotels capital markets team.
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NewsFire breaks out at Station Hill redevelopment project in Reading
A large fire broke out at the Station Hill redevelopment project in Reading on Thursday morning.
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NewsSavills’ second November auction raises £60m with year-to-date takings up 25%
Savills auction on Tuesday (21 November) was its highest-grossing of the year to date, raising £60m from the sale of 150 properties and representing a success rate of 75%.
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NewsPeel Waters submits plans for 108,553 sq ft Salford I&L development
Peel Waters, Peel L&P’s waterfront development arm, has submitted plans for a 108,553 sq ft logistics and industrial development in Salford.
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NewsLondon retail rents approaching pre-pandemic levels
Retail rents in London’s most popular shopping destinations are approaching pre-pandemic levels as the sector displays resilience in the face of inflation, high interest rates and falling consumer expendable income, according to Cushman & Wakefield’s 2023 ’Main Streets Across the World’ report.
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NewsEY reviewing future in London headquarters
Ernst and Young (EY) has launched a property review of its London headquarters ahead of the end of its lease at the More London offices near London Bridge.
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NewsYoutuber fast-food offering Sides to set up shop in Manchester Arndale
Sides, the fast-food offering created by YouTube group The Sidemen, is to open its first Manchester outlet after taking a 1,222 sq ft unit at the Arndale Centre on a 10-year lease.
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NewsLogik and Sir Robert McAlpine Capital Ventures form JV to create £110m Manchester BTR scheme
Logik Developments and developer Sir Robert McAlpine Capital Ventures (SRMCV) have announced a joint venture (JV) to create a £110m build-to-rent (BTR) scheme in Manchester.
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OnlineTR Property Investment Trust posts 3.3% rise in net asset value return
TR Property Investment Trust has posted a 3.3% rise in net asset value (NAV) return, compared with a fall of 35.5% six months earlier, as the group claimed the real estate market had turned a corner.
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OnlineLondonMetric’s values rise as logistics group bucks downward trend
LondonMetric has posted a rise in net tangible assets (NTA) in its half-year figures to the end of September, at just under £2.2bn, compared to £1.9bn six months earlier, bucking the trend of falling values in the property sector.
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OnlineNewRiver submits application for Essex resi scheme as occupancy hits record high
NewRiver REIT is seeking planning permission to demolish its shopping centre in Grays, Essex and develop a mixed-use scheme with 850-plus homes, which it plans to forward sell.
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NewsLondon Q3 housebuilding starts down 75% on past decade, says Molior
Construction starts for new London houses fell 74% in Q3 2023 compared with the previous decade’s quarterly average, according to research practice Molior London.
