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All Online articles – Page 11
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OnlineLSL hit by 20% slump in profit as it navigates ‘significant macroeconomic headwinds’
Estate agency group LSL has suffered a 20% slump in profit in the first half of its financial year as rising interest rates stymied the market.
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OnlineIDIP Pledge Q&A: Rayna Hunter, chief executive and head of global sales, LH1 Global
LH1 Global was one of the first three firms to sign up to Property Week’s Inspiring Diversity in Property campaign pledge. Rayna Hunter, its chief executive and head of global sales, spoke to Stephanie Denton about why it signed and what the pledge means to it.
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OnlineFormer SEGRO COO Gulliford joins Salmon Property
SEGRO’s former chief operating officer (COO) Andy Gulliford has joined investment and development group Salmon Propertyas a consultant to assist the senior management team in expanding the business.
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OnlineFormer Homes England boss More joins Housing Growth Partnership
The former chief investment officer and interim chief executive of Homes England has been appointed as a senior strategy advisor at Housing Growth Partnership (HGP).
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OnlineBritish Land confident for financial year despite Meta lease surrender for £149m
British Land confirmed it had received a payment of £149m, reportedly equivalent to about seven years’ rent, from social media giant Meta, which surrendered the lease it had agreed for the former’s 1 Triton Square in London’s Regent’s Place.
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OnlineClosing the Performance Gap with NABERS UK
NABERS UK will both act as an engine to better understand our buildings, and to drive the energy and carbon reductions our climate so urgently needs. The expected financial rewards for building owners create the critical virtuous circle which can fund building performance improvement. NABERS Energy Assessor, Phil Tower from ...
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OnlineHirson becomes Gerald Eve recruitment boss
Consultancy Gerald Eve has appointed Archie Hirson as head of recruitment.
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OnlineReal Estate Investors hit by worse economy since global financial crisis
Net tangible assets (NTA) at Midlands-based Real Estate Investors nudged down during the six months to the end of June as investment levels hit their lowest point since 2008.
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OnlineCLS appoints telecoms expert to board
CLS, the London-based office space specialist, has appointed telecoms expert Eva Lindqvist as an independent non-executive director.
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OnlineMEES uncertainty angers industry as Sunak dilutes net-zero policies
Rishi Sunak’s shift in the government’s net zero commitments last week managed to simultaneously incur the wrath of environmental campaigners, the automotive industry, energy companies and most of the property sector.
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OnlineNHS trust offers hospital development opportunity for £35m
West London NHS Trust has hoisted the ‘for-sale’ sign over the old Broadmoor Hospital, which has potential for redevelopment as a ‘working village’ under the area’s local plan.
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OnlineGreen light for amended first phase of Manchester’s £1.5bn Mayfield development
Planning officers have given the green light to amended plans for a transport hub and 320,000 sq ft of office space in the first phase of Manchester’s £1.5bn Mayfield development.
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OnlineWetherspoons places another round of pubs up for sale
JD Wetherspoon has placed another 11 pubs up for sale, appointing CBRE and Savills as joint agents.
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OnlineIndustry figures welcome BoE interest rate freeze as boon for property
The Bank of England’s (BoE’s) decision today (21 September) to maintain interest rates at 5.25% could boost property development, according to leading sector finance specialists.
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OnlineTfL’s property firm rebrands to Places for London
Transport for London (TfL)-owned TTL Properties has been rebranded Places for London as part of its plans to develop up to 20,000 homes across the capital alongside Network Rail over the next 10 years.
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OnlineLife Science REIT posts portfolio valuation growth
Life Science REIT has posted a portfolio valuation of £402.9m for the six months ended 30 June, compared with £387.6m as of 31 December 2022.
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OnlineDalata makes first hotel acquisition in the Netherlands
Dalata Hotel Group has struck its first deal in the Netherlands and second in mainland Europe with the acquisition of a hotel in Amsterdam.
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OnlineProperty stocks enjoy boost as inflation drops and house prices increase
UK property stocks increased this morning as official figures showed an increase in UK house prices and a surprise drop in inflation.
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OnlineUBS scraps Grant Thornton sublease as it moves Credit Suisse staff out of Canary Wharf
UBS has cancelled its deal with Grant Thornton to sublease nearly 105,000 sq ft to the accountancy firm as the Swiss investment bank starts moving Credit Suisse staff from Canary Wharf to its City of London HQ.
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OnlineCoventry Building Society sells former HQ to OBC
Coventry Building Society has sold its former headquarters in the heart of Coventry to Oxford Business College (OBC).
