All Online articles – Page 10
-
Online
PW’s Get Set For Net Zero podcast series, ep 1: How can we make retrofit more rewarding?
The first episode of Property Week’s Get Set for Net Zero podcast series centres on the theme of retrofitting.
-
Online
Peppercorn ground rent cap ‘disastrous’ for investors, experts tell DLUHC
Capping ground rents at a peppercorn would have “disastrous consequences” for investors and could cost taxpayers £31bn in compensation, property experts said as the government’s consultation on the matter closed.
-
Online
Aviva Investors pays £150m for student digs portfolio
Aviva Investors has acquired a portfolio of six student assets and a mixed-use commercial investment for £150m.
-
Online
NewRiver hits record occupancy level
NewRiver REIT has achieved record occupancy across its regional retail portfolio following a “strong leasing performance” during its third quarter.
-
Online
Home REIT board to walk away from troubled firm en masse
The board of the troubled residential investor Home REIT is set to resign en masse following the appointment of a new chairman.
-
Online
IPSX staff pay almost doubled despite £7m loss in year before collapse
The International Property Securities Exchange (IPSX) almost doubled staff pay in the year to the end of June 2022, ahead of announcing its collapse last September.
-
Online
PRS REIT increases ERV by 19%
Rental group PRS REIT increased its estimated rental value (ERV) 19% year on year to £60.3m in the final quarter of last year, according to its latest trading update to investors.
-
Online
NAV up 4.7% at Safestore but profits down
Self-storage group posts 4.7% rise in net asset value for year to end of October.
-
Online
Cairn Homes bucks housebuilding trends with record 2023
The Irish housebuilder achieved its strongest ever operational and financial performance.
-
Online
UK’s largest nightclub owner set to enter administration
Rekom has revealed it plans to appoint administrators as it struggles with higher bills.
-
Online
Mike Ashley considers bid for Sheffield’s Meadowhall
The Sports Direct founder is considering his biggest investment to date in the retail property market.
-
Online
Hollis shakes up board as it seeks to double revenue
Independent real estate consultancy Hollis has appointed a new board as part of plans to double its turnover in the next five years.
-
Online
Zenzic launches £500m student digs strategy
Leeds Zenzic Capital has launched a £500m UK student accommodation strategy with an initial five schemes.
-
Online
Crest Nicholson cuts full-year profit forecast again
Housebuilder Crest Nicholson has cut its annual profit forecast for the third time in six months, citing higher costs related to sites and an exceptional £13m charge due to a legal claim.
-
Online
Hightown secures £50m in funding from Aviva
Aviva Investors has provided £50m of funding to Hightown Housing Association, which owns and manages more than 8,700 homes and care and supported housing projects across Hertfordshire, Buckinghamshire, and Berkshire.
-
Online
Clarion raises £427m for UK logistic fund
Fund manager Clarion Partners Europe has exceeded the fund raising target for its closed-end UK logistics fund by securing £427m in investment.
-
Online
LondonMetric to take over LXi in £1.9bn deal
LondonMetric has agreed a £1.9bn takeover of Nick Leslau’s LXi REIT, in a deal that will create the UK’s fourth largest REIT with net tangible assets of £4.1bn.
-
Online
Persimmon warns on “highly uncertain” housing market in 2024
Housebuilding giant Persimmon said it expects the housing market to remain “highly uncertain” in 2024, despite achieving higher sales than expected in 2023.
-
Online
Winkworth blames Truss's mini-budget for fall in annual home sales
Estate agency group M Winkworth has blamed the September 2022 mini-Budget of former prime minister Liz Truss and then chancellor Kwasi Kwarteng for a downturn in the UK property market and its annual trading in 2023.