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Online
Former Rockspring team reunite to launch Evonite
Evonite’s founding partners are Paul Hampton, Charles-Nicolas Tarrière and Kevin Muscat.
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Henry Boot wins £36m Rotherham regeneration contract
A new library wil be part of the scheme to refurbish the existing indoor and outdoor markets
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Royal London completes industrial and logistics transactions worth £350m
Royal London’s deals were led by the disposal of a 33.6-acre industrial estate in West London.
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OakNorth Bank completes £25m loan to property lending firm
Property lending firm Blue Shield Capital has secured the money to bolster its bridging loan business.
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NAV dips at AEW UK REIT amid ‘fragile economic backdrop’
The group’s portfolio value edged up 0.41% in Q1 2024.
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Unite sells six student schemes to PGIM for £184m
The properties in Birmingham, Cardiff, Leicester, Liverpool, Nottingham and Sheffield are older than Unite’s portfolio average.
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Investec provides Realstar with £22m loan for Manchester multi-family scheme
UNCLE Manchester comprises studio and one-bedroom apartments in a grade II-listed former warehouse built in about 1914.
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Introducing a smart conversion brand from Hilton
The newest addition to the Hilton portfolio, Spark by Hilton is a premium economy hotel brand that delivers a simple, reliable and comfortable stay, all at an accessible price. For developers, Spark by Hilton leverages an innovative conversion model to offer a compelling investment option for owners.
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Industrial & Logistics supplement May 2024
Prime assets lead a 6.9% rise in I&L rents in year to March 2024 - Developers take healthy interest in outdoor space - UK MD Greg Cooper on its growth plans - Q&A with Tritax Big Box CEO Colin Godfrey - Five minutes with Infinium Logistics’ Cheryl Perry
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Online
JTRE London appoints Keegan as head of acquisitions ahead of growth push
Former head of Knight Frank’s development team is latest recruit at JTRE.
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Derwent London sees rebound in occupier demand as it seals C&W letting
The company reported growing demand with “a positive trend of broader interest across all our London villages”.
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Bloom and TPG Angelo Gordon buy Poplar Business Park for £21.5m
The buyers plan for the park to remain an industrial estate, despite the site having planning permission for 225 homes.
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Carmichael Homes secures £11.6m funding from Downing
Downing Property Finance has provided financing for The Fieldings in East Kilbride and a project in Roslynlee.
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Zenzic Capital grows property lending team with two hires
Lender appoints development finance vice-president and credit analyst in London to unlock new lending opportunities.
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Target Healthcare toasts “attractive returns” as NTA rises 2.2%
The company reported a portfolio of 98 assets let to 33 tenants, valued at £934.8m, at the end of Q1 2024.
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Godwin Developments gets green light for Wisbech Gateway scheme
The scheme will include 60,000 sq ft of industrial space, a hotel and petrol station.
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Reynolds to step down as Mace chief executive
The consultancy and construction firm is embarking on long-planned succession changes.
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Amazon to build £500m warehouse on former SEGRO site in Northampton
SEGRO sold the site, which has planning conset, to Amazon last year.
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Landsec sells hotel portfolio to Ares for £400m
The 21-asset Novotel and Ibis hotel portfolio is fully let to AccorInvest.
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Hutchings quits CapReg to take up CEO role at Workspace
The CapReg chief executive will replace Graham Clemett at the flexible office group.