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London Property Alliance
London Property Alliance is the joint name for City Property Association (CPA) and Westminster Property Association (WPA): two not-for-profit membership bodies that represent and advocate for more than 400 companies.
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Real Estate Balance
Real Estate Balance is a membership organisation working to improve equality, diversity and inclusion in the real estate industry.
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Women in Property
Women in Property (WiP) is a 1,500 strong, national membership organisation, formed in 1987 when a woman working in the industry was a rarity.
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Black Women in Real Estate
Black Women in Real Estate (BWRE) enables Black Women to be seen, heard and grow in the Real Estate industry.
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Net tangible assets slump 15.1% at LXi following Secure Income REIT merger
The value of net tangible assets (NTA) at LXi REIT slumped 15.1% in the year to the end of March to 121.1p per share, compared to 142.6p a year earlier.
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NAV falls 17% at Residential Secure in first half
Residential Secure Income (ReSi) has posted a 17% fall in net asset value (NAV) for the six months to the end of March at 90p, compared to 108.8p at the end of September.
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First Property Group launches new loan platform
Property fund manager and investor First Property Group has launched a senior loan platform to finance and refinance commercial property.
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European investment markets ‘hit pause’ in first three months of 2023
The European commercial real estate market hit pause during the first quarter of 2023, according to research from La Française Real Estate Managers.
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Retirement Villages Group announces trio of senior hires
Retirement Villages Group has made three appointments to its senior team, with Paul Bowtell joining as the company’s first sustainability manager, Kevin O’Brien as chief financial officer and Chris Liddard as head of information technology.
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OneMedical to expand UK portfolio following £30m backing from OakNorth
OakNorth Bank has provided a £30m debt facility to back the expansion of OneMedical Property’s UK medical centres portfolio.
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Avison Young team launches Watling Real Estate in Bassi Capital-backed MBO
The national restructuring solutions team from Avison Young has launched Watling Real Estate, following a management buyout (MBO) deal backed by investment group Bassi Capital.
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Warehouse REIT swings to £182.8m loss as portfolio value slumps
The value of Warehouse REIT’s portfolio slumped 18.5% in the year to the end of March as the group was hit by industry-wide outward yield movements.
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NewRiver outperforms retail market as occupancy recovers to five-year high
Regional shopping centre group NewRiver REIT outperformed the wider retail market in the year to the end of March as the firm claimed the sector’s recovery was now in full swing.
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Workspace report shows office landlords going green to beat competition
The need to keep pace with competitors is the primary factor motivating office landlords to make sustainability improvements, research from workspace specialists infinitSpace and The Instant Group has found.
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Locale appointed on three King’s Cross residential developments
King’s Cross Central Limited Partnership (KCCLP), owner of the King’s Cross estate in London, has appointed occupier experience technology group Locale at three of its residential developments.
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CBRE snaps up French workplace consultant WiP
CBRE has acquired French specialist workplace consultancy workINprogress (WiP) for an undisclosed sum.
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Only industrial and West End offices to see “robust rental growth” in next five years, says IPF
Industrial assets and London’s West End office market will be the only two property sectors to outperform the all- property average during the next five years, according to an International Property Forum (IPF) report.
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Annual NAV and portfolio values nudge up at Sirius
Sirius Real Estate has posted a small rise in net asset value (NAV) and portfolio value in an indication that outwards yield movement in the property sector has eased.
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Watkin Jones agrees forward-funding deal on Belfast BTR scheme
Watkin Jones and Lacuna Developments have agreed a deal with Legal & General and Clanmil Housing Association to forward-fund the Loft Lines build-to-rent (BTR) scheme in the Titanic Quarter in Belfast.
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Hanover Square: June 2023
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