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OnlineUrban Logistics seeks investor approval for move to main market
Urban Logistics has revealed further details of its plan to move from AIM to the main market.
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Online
Berkeley director begins long goodbye
Berkeley Group director Sean Ellis has revealed he will step down as a director of the upmarket housing developer in a year’s time to “pursue other interests”.
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Online
Torchlight takes majority control of KCR Residential REIT
The Torchlight Fund has become the majority shareholder in KCR Residential REIT after triggering its option to add 13,500,000 shares to its holding.
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Online
M7 funds Alltmore’s business centre refinancing and expansion in Scotland
M7 Capital (M7C) has agreed a £17.3m loan to Alltmore Properties to support the refinancing of a portfolio of seven out of town business space assets in Scotland.
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Investment giant deVere to position $2bn in environmental investments within five years
One of the world’s largest independent financial advisory, asset management and fintech organisations has doubled its commitment on positioning assets under advisement into environmental, social and governance (ESG) investments.
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Online
Regional REIT reports improving rent collection figures
Regional REIT has collected 91.3% of the rents due for in the third quarter, taking the total for the year to 21 October to 96.2%.
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Online
Student Accommodation 2021 Awards shortlist revealed
We are delighted to reveal the shortlist for the Student Accommodation 2021 Awards.
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Online
Brownfield sites can deliver more housing but longer-term approach needed
On 12 October, the government announced that approximately £58m of the Brownfield Land Release Fund has been allocated to local authorities to deliver housing on underutilised public sector land.
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Online
Reform of business rates relief must not be delayed any longer
Chancellor Rishi Sunak has alluded that he might not give a comprehensive response to the consultation on business rates reform when he gives his Budget next Wednesday, but might “tinker with the system” – on the grounds that he has not yet had time to give the question proper consideration.
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Online
M7 Capital funds £7.3m Glasgow office acquisition
M7 Capital has provided a £7.3m loan on behalf of UK debt fund TREC II, to Garroch Investments, supported by Craigend Properties, to fund the acquisition of Princes House, an office building in Glasgow.
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Online
Gerald Eve hits record-high revenues
Gerald Eve has recorded its highest revenues on record for the year to 5 April 2021, with turnover at £75.8m.
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Online
Proportunity raises more than £100m to increase UK home ownership
London-based fintech company Proportunity has raised investment of £105m ($150m) through debt and equity funding to help more UK residents buy a home.
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Online
Orchard Street secures two leases at Manchester flagship office
Orchard Street Investment Management has completed two lettings across six floors at its flagship Bauhaus office building in Manchester city centre.
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Canary Wharf leases almost 50,000 sq ft of restaurant space
Canary Wharf Group has signed four deals to restaurant operators covering more than 44,800 sq ft of space in its mixed-use Wood Wharf neighbourhood.
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Online
Sidra Capital acquires office opposite Buckingham Palace
Sidra Capital has acquired 4-5 Buckingham Gate, opposite Buckingham Palace, in the heart of St James’s Park, central London.
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Online
GPA recruits strategic workplace expertise
The Government Property Agency (GPA) has appointed Louis Roberts as deputy director for workplace service delivery to strengthen the agency’s service strategy.
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Online
Zara opens on Cheapside in City
Fashion retailer Zara has opened a new store at Landsec’s One New Change on Cheapside in the City of London.
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Online
CMA investigating takeover of GCP Student Living assets
The Competition and Markets Authority (CMA) has launched two investigations into the anticipated takeover of GCP Student Living.
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Online
Healthcare group on Target with annual figures
Target Healthcare REIT has posted annual rises in net asset value (NAV), earnings and portfolio value in its annual figures.
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Online
SEGRO provides positive update
Industrial property giant SEGRO has reported strong rent roll growth since the beginning of July, following what it called “a busy period of lettings and the continued capture of reversionary potential”.
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