All Online articles – Page 19
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OnlineGrit agrees one of sub-Saharan Africa’s largest real estate loans
Grit Real Estate Income Group has agreed a loan and revolving credit facility for up to $306m (£271m).
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Warehouse REIT strikes above-ERV lettings in Coventry and Plymouth
Last-mile logistics group Warehouse REIT has completed two lettings in Coventry and Plymouth totalling 205,000 sq ft.
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Barratt launches second phase of £200m share buyback programme
Housing giant Barratt Developments has launched a share buyback programme for up to £50m.
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Vistry agrees terms of £1.25bn takeover of Countryside
Countryside has reached agreement on the terms of its £1.25bn takeover by Vistry with a cash and share deal.
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Essensys scales back growth plans as annual losses almost treble
Pre-tax losses at flexible workspace technology group essensys more than trebled in the year to the end of July.
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Economic turmoil hits homebuyer demand says Bellway
Housebuilding giant Bellway has warned of slowing demand due to rising mortgage rates climb, which could lead to flat sale volumes next year.
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UK homes: accelerating the transition
Weather patterns around the world are changing, and extreme weather events are increasing in frequency, becoming more severe and unpredictable. At the same time a rapid increase in energy costs, particularly the wholesale price of gas, has been a key driver of the recent increases in inflation.
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Flight to quality in offices drives rent up but London facing slowdown, report finds
The latest Global Cities Survey shows a mixed economic picture for London against competing cities Paris, Berlin, New York and Hong Kong.
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Logistics and industrial sector ‘well placed’ to weather economic storm, claims Cushmans
Occupier demand for UK logistics and industrial space dropped considerably in the third quarter, but remained well ahead of the long-term average, according to data from Cushman & Wakefield.
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LSH hires new building consultancy boss for South West
Lambert Smith Hampton (LSH) has appointed Keith Godsmark as its head of building consultancy for the South West.
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JTRE strengthens London marketing team
JTRE London has made three appointments to boost its sales and marketing team in London.
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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.
