All Online articles – Page 14
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OnlineJTRE strengthens London marketing team
JTRE London has made three appointments to boost its sales and marketing team in London.
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Online
Fattal Group buys Dilly Hotel in London’s West End
Leonardo Hotels has acquired the Dilly Hotel in London and plans to invest £90m to upgrade the property.
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Orega appoints property heavyweights to advise board
Former Howard de Walden Estate boss Andrew Hynard and Knight Frank heavyweight John Snow have signed up to flexible workspace group Orega as senior board advisers.
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Hillview Real Estate and Sh.i.r. Shlomo pay £21m for Birmingham office
UK regional investor Hillview Real Estate and Israel’s Sh.i.r. Shlomo Real Estate have completed their second joint acquisition with the purchase of a multi-let office in the centre of Birmingham from DTZ Investors for £21m.
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Irwin Mitchell boosts its planning and environment department
Law firm Irwin Mitchell has appointed Pamela Chesterrman as a partner in its planning and environment team.
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ULI decarbonisation risk guidelines ’could preserve values’
Proposals for a standardised risk assessment to calculate the true cost of decarbonisation could help preserve property values and reduce social inequality, according to the Urban Land Institute (ULI).
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Redevco promotes Fleetwood
Redevco has promoted Chris Fleetwood to head its global asset and development management division.
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Workspace provides positive trading update
Workspace Group has told shareholders demand continues to be “resilient” despite the uncertain economic climate.
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Share your views in the 2022 Property Week logistics census
Owners and occupiers in the industrial and logistics sector face many challenges as they plan ahead for 2023, with rising inflation, interest rate hikes and the weakness of the pound adding to a long list of existing issues including planning, land availability and environmental regulation.
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NTA nudges up at Target Healthcare, but total return falls
Net tangible assets (NTA) nudged up 1.7% at care home group Target Healthcare REIT despite a fall net asset value (NAV) total return during the year to the end of June 2022.
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Snuggs joins IPSX to bring more IPOs to the market
IPSX has appointed Rupert Snuggs, as head of origination as the real estate stock exchange issuer claims interest in the alternative capital markets venue continues to grow.
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Barratt hit by UK’s economic woes
Barratt Developments has told investors that economic uncertainty has led to a fall in private sale reservations.
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Knight Frank accepts record 82 graduates to 2022 programme
Property consultancy Knight Frank has welcomed a record 82 graduates, 38% larger than last year’s cohort, to join its 2022 programme across the firm’s UK business.
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LEXI Finance structures facility for £19m Essex housing scheme
LEXI Finance has arranged a development facility for two Essex-based property developers to deliver a multi-unit residential scheme in Fryerning, Essex, with an estimated gross development value of £19m.
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PRS REIT posts strong annual figures
PRS REIT has posted a 30% rise in net asset value and a 136% leap in profit for the year to the end of June.
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Abrdn European Logistics appoints new fund manager
Abrdn European Logistics Income has appointed Troels Andersen as lead fund manager following the resignation of Evert Castelein.
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Clarke takes legal action against Stevenage tower owner over cladding repairs
Housing minister Simon Clarke has launched legal action against the owner of a Stevenage tower that has failed to carry out cladding repair work in a jolting “warning to the industry’s outliers”.
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Unite enters BTR market with East London acquisition
Unite Students has entered the build-to-rent market with the acquisition of a 178-unit scheme in Stratford, East London for £71m.
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LendInvest AUM up by a third in a year
LendInvest has grown its assets under management (AUM) by 33% over a year, according to its latest trading update ahead of half-year results to the end of September.
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Sirius tells investors it is trading in line with expectations
Sirius Real Estate has told shareholders it achieved a 2.4% rise in annual rent in its German business park portfolio to €115.2m (£100m).
