All Online articles – Page 29
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OnlineGagné says Value Retail stake not a ‘long-term hold’ for Hammerson as group eyes sale
Hammerson has given its strongest signal yet that it is preparing to sell its stake in Value Retail, Property Week can reveal.
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OnlineOrega appoints new chief executive
Flexible workspace provider Orega has appointed Alan Pepper as the group’s new chief executive.
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OnlineHousing Growth Partnership invests £13m in Manchester BTR scheme
Housing Growth Partnership (HGP) has committed £13m to a joint venture with McGoff Group to deliver the new Downtown Victoria North build-to-rent scheme in Manchester.
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OnlineSilbury Finance provides £67m loan for 341-home development in Bedford
Silbury Finance has provided a £67m senior loan to MCR Property Group to fund the development of mixed-tenure homes in Bedford.
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OnlineGrosvenor’s UK boss balances heritage and modernity as the historic estate leads London’s green revival
Grosvenor Property UK’s chief executive James Raynor is in the interview seat on BossCast this week, discussing how the historic estate balances innovation and stewardship, the importance of diversity in creating strong teams, and its role in fostering economic growth.
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OnlineNAV nudges up at Schroder Real Estate Investment Trust
Actively managed UK-focused REIT Schroder Real Estate Investment Trust (SREIT) has reported an increase in net asset value (NAV) to £301.1m, or 61.6p per share (pps), for the quarter to 30 June 2023.
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OnlineHarworth delivers operationally robust H1
Harworth Group has delivered an operationally robust trading update for the six months to 30 June 2023 with a strong balance sheet, with low gearing and significant available liquidity.
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OnlineNAV at SEGRO dips in first half but profit rises
Net asset value (NAV) at industrial giant SEGRO fell 3% in the six months to the end of June following a 1.4% fall in the value of its portfolio.
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OnlineImproving half-year figures allow Hammerson to return to a cash dividend
Hammerson has posted an improving set of half-year figures, which revealed only a small fall in net asset value (NAV) and net tangible assets (NTA).
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OnlineFoxtons reports 9% revenue rise as lettings grow but sales decline
Foxtons Group has reported a 9% rise in revenue to £70.9m for the half year ended 30 June 2023, as lettings growth continues to make up for declining sales.
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OnlineNewRiver to spell out growth opportunites to investors
NewRiver REIT will claim an “excellent operational performance” at its annual general meeting today (26 July), with chief executive Allan Lockhart set to highlight rises in occupancy and rent collection.
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OnlineVistry Group secures additional grant funding from Homes England
Housebuilding giant Vistry has secured an additional £67m from Homes England to develop grant-funded affordable homes in the period up to 2026.
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OnlineNAV dips at Picton during second quarter
Net asset value (NAV) at Picton, the commercial property investment REIT, took a near-£6m hit in the quarter to the end of June.
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Online‘Rare’ office building in Milton Keynes hits the market
A 30,000 sq ft office building in Milton Keynes has been launched to the market as a major headquarters opportunity for sale or to let.
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OnlinePlans submitted for £150m redevelopment of Antrim business park
Errigal Group has submitted a formal planning application for a £150m redevelopment and extension of Enkalon Business Park in Antrim, Northern Ireland.
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OnlineMantle Space signs for new flexible workspace in Cambridge city centre
Mantle Space has signed a six-year lease to operate a new flexible workspace out of 95 Regent Street in Cambridge.
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OnlinePRS REIT posts strong rise in rental value
The PRS REIT has posted a 15% rise in rental values across its portfolio, the group told investors in an update for the fourth quarter to the end of June.
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OnlineBusinesses must predict household vulnerability during cost-of-living crisis
In the latest episode of PropCast, Andrew Teacher sits down with data science firm Outra’s Peter Jackson and the Vulnerability Registration Service’s (VRS) Helen Lord to discuss a new partnership from the two organisations which suggests that nearly 2.5 million British households are at high risk of vulnerability.
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OnlineQuadrant appoints new associate partner
UK real estate asset management and development company Quadrant has appointed Alyssa Vogt as associate partner.
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OnlineHousebuilders’ share prices unchanged despite Gove’s plans to boost housing
Major housebuilders’ share prices remained largely unchanged following housing secretary Michael Gove’s announcement today (24 July) of plans to relax rules in England to simulate housebuilding.
