All Online articles – Page 2
-
OnlineHammerson CEO Gangé on how retail property group ‘has turned a corner’
It’s been a busy 865 days for Rita-Rose Gagné.
-
Online
Supermarket Income REIT completes Sainsbury sale
Supermarket Income REIT completed the £430.9m sale of its interest in the Sainsbury’s Reversion Portfolio on Friday (17 March).
-
Online
Savills reveals profit fall and warns of ‘challenging’ 2023
Savills has posted a fall in profit to £153.9m, from £183.1m in 2021, for the year ending 31 December 2022, despite a rise in revenue.
-
Online
Purplebricks reveals takeover interest from Strike, but says pair not currently in talks
Purplebricks has told investors that it has held takeover talks with rival online estate agency group agency Strike, but that the firm is not currently involved in the “formal sale process”.
-
Online
Supermarket Income REIT sells Sainsbury portfolio for £430.9m
Supermarket Income REIT has agreed the £430.9m sale of its interest in the Sainsbury’s Reversion Portfolio to the supermarket giant.
-
Online
NAV nudges up at Harworth despite profit and valuation falls
Land regeneration specialist Harworth Group has posted a rise in net asset value (NAV) for the year to the end of December, despite a sharp fall in investor returns and profit.
-
Online
Redevco creates one of Europe’s largest retail park platforms
Redevco has established one of the largest retail warehouse park asset management platforms in Europe with assets under management (AUM) of €4.5bn (£4bn).
-
Online
PGIM RE buys North-west housing portfolio from Goldman Sachs AM
PGIM Real Estate, the property investment business of US asset manager PGIM, has acquired a portfolio of 918 single-family rental homes in Manchester and Liverpool from Goldman Sachs Asset Management.
-
Online
High shed take-up giving way to sector rebalancing, says LSH
UK industrial and logistics take-up of 60.5m sq ft in 2022 fell short of 2021’s figure, but was still the second highest year on record, according to the latest report from Lambert Smith Hampton (LSH).
-
Online
DTZ Investors snaps up Croydon retail park for £59m
DTZ Investors has bought Croydon’s Purley Cross Retail Park, where the main tenants are Aldi and M&S supermarkets, for £59m from Oval Real Estate.
-
Online
Knight Frank names Harley head of new ESG team
Property consultancy Knight Frank has created an ESG research team and appointed Flora Harley as head of ESG research to lead it.
-
Online
Hammerson CEO says group has ‘turned a corner’ as earnings leap 60%
Hammerson chief executive Rita-Rose Gagné has told Property Week the company has “turned a corner” after it posted a 60% rise in underlying earnings for the year to the end of December, which stood at £105m, ahead of guidance of “not less than £100m”.
-
Online
Landsec launches £400m green bond
Landsec has launched a £400m green bond via Land Securities Capital Markets, the group’s first such fundraising.
-
Online
Century Capital secures £100m funding
Century Capital has secured a £100m funding line from NatWest to increase the group’s lending programme.
-
Online
Hotel investment begins to recover from pandemic, says Knight Frank
The hotel investment market has begun its recovery from the Covid-19 pandemic, new research has found.
-
Online
Palm recruits Gebauer as a senior partner
Palm Capital has appointed Alex Gebauer as a senior partner, as the company continues to expand in continental Europe.
-
Online
Galliford Try posts strong half-year figures
Construction group Galliford Try has posted a 65% rise in profit for the first the six months of its financial year.
-
Online
Foxtons’ lettings division supports annual revenue and profit growth
London estate agency Foxtons has told investors that the impact of the mini-Budget last September is still being felt, with its sales pipeline reduced by the economic turmoil that resulted from it.
-
Online
Munroe K secures £67m funding for Leeds business park
Development and investment group Munroe K has secured £67m of funding from Lloyds Bank to fund its carbon-neutral programme at White Rose business park in Leeds.
-
Online
IWG posts record revenue as losses narrow in 2022
Serviced office giant IWG has told its investors that it is “cautiously optimistic” for 2023, after significantly reducing its pre-tax losses in 2022.
