All Online articles – Page 19
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Online
Big Yellow posts rise in revenue for first quarter
Storage giant Big Yellow Group has announced a 6.7% rise in revenue during the first quarter of its financial year to the end of June, to £48.1m, up from £45.1m at the same point in 2022.
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Unite reveals 98% occupancy rate for 2023/24 in positive trading update
Student accommodation giant Unite has reached 98% occupancy for the 2023/24 academic year, compare with 91% at the same point 12 months ago, as demand continues to grow in the sector.
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Avant Homes recruits Lynch as FD
Avant Homes North East has appointed Michael Lynch as finance director.
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GPE completes office leasing at east London's The Hickman with TPXimpact deal
Great Portland Estates (GPE) has let all the remaining office space at The Hickman on Whitechapel Road in east London to digital transformation company TPXimpact.
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OnTheMarket revenue rises but group warns of ‘uncertain’ conditions
OnTheMarket has posted a 14% rise in revenue and a return to profit for the year to the end of January.
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PRS REIT completes refinancing
PRS REIT has completed the refinancing of its £150m revolving credit facility (RCF) with The Royal Bank of Scotland and Lloyds.
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Gleeson expects full-year figures to meet forecasts
MJ Gleeson has told investors it expects full-year figures to be in line with forecasts as a shift in buyer demographics “underpins encouraging prospects” for the current year.
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House prices fall at fastest rate in 12 years, Halifax finds
House prices fell at the fastest annual rate seen in 12 years in June, according to the latest Halifax index.
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Marlet Property secures £87m refinancing
Marlet Property Group has finalised a €102m (£87.3m) refinancing facility with Cheyne Capital Real Estate for its Shipping Office development in Dublin.
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One Heritage appoints Willis as investment director
North of England residential firm One Heritage Group has appointed Geoff Willis to the newly created role of investment director.
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Aviva launches JV with Moda to build 1,000 Birmingham BTR homes
Aviva Capital Partners (ACP) has joined forces with Moda Living to back a £400m build-to-rent (BTR) development in Digbeth, Birmingham.
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Octopus lends £26.3m to care home operator Connaught
Octopus Real Estate has agreed to lend Connaught Care £26.3m to support the development of two care homes.
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Banking expert Topliss joins Together’s corporate team
Lending group Together has appointed Richard Topliss, former NatWest managing director of corporate banking in the north, as an adviser to its corporate team.
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Heartwood secures new funding for ‘pubs with rooms’ rollout
Hospitality and pub group Heartwood Collection has secured additional funding to support its roll-out into freehold pubs and the ’pubs with rooms’ market offering accommodation.
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Vistry signs up to new shared ownership scheme
Housebuilding giant Vistry has exchanged contracts with affordable housing provider Sage Homes to become be one of the first developers to deliver their Home Stepper Housebuilder Shared Ownership model (HBSO).
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Half of landlords cast doubt on meeting net-zero targets
Just under of half of landlords believe it is too difficult and costly to implement environmental regulations, casting doubt on the industry hitting net-zero targets, Property Week can reveal.
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Avison Young bolsters regional team
Avison Young has made a series of senior appointments to boost its regional team.
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Connells makes senior lettings appointment
Estate agency group Connells has appointed a former Countrywide executive to a senior post in its lettings business.
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Lord Kerslake dies at 68 after ‘short battle’ with cancer
Leaders across the property and public sectors have paid tribute to former head of the civil service Lord Bob Kerslake, after his death on 1 July at the age of 68.
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UKCM appoints former Wellcome executive as chairman
Peter Pereira Gray has been appointed chairman of abrdn’s UK Commercial Property REIT (UKCM) following the retirement of Ken McCullagh.