All Online articles – Page 3
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Online
Profit slumps 89% at Irish housebuilder Glenveagh, but order book looks healthy
Profit at Irish housebuilder Glenveagh Properties has plummeted during the first six months of its financial year as planning delays hit development.
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RESi360: Zoopla head predicts further tricky two or three years for housing market
The UK housing market faces at least two more challenging years, Zoopla executive director Richard Donnell told delegates at Property Week’s RESi360 conference this morning (13 September).
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Warehouse REIT appoints O’Rourke as non-exec director
Warehouse REIT has appointed Next director Dominic as an independent non-executive director.
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Quintain completes refinancing for Wembley Park
Quintain has agreed a £780m refinancing of its Wembley Park scheme with lenders JP Morgan and Cheyne Capital.
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Redrow posts falling sales and profit as economic downturn bites
Housebuilder Redrow has warned earnings could more than halve over the year ahead amid a “challenging and uncertain” property market.
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Property Week launches Get Set for Net Zero survey
Property Week would like to understand what you think about climate change: what action you think is appropriate, and what steps your organisation might be taking to reach net zero carbon.
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Angela Rayner brands Tory levelling up a ‘sham and a scam’
Labour’s Angela Rayner has branded the Conservative’s levelling up agenda a “sham and a scam” in a speech to trade unions.
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Mentoring Circle
Mentoring Circle is a UK Real Estate industry initiative established to increase and promote female talent retention in the built environment through mentoring, networking, and leadership development.
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Pizza Hut’s UK franchise slams crisis claims and plans growth
The boss of Pizza Hut’s major UK franchisee has hit back at claims that its restaurants are under threat of closure, claiming the firm is surging back to profits in 2023 and is ready to reignite expansion plans.
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TRG sells Frankie & Benny’s and Chiquito to rival
The Restaurant Group (TRG) has agreed to sell its loss-making Frankie & Benny’s and Chiquito brands to rival operator the Big Table Group for a nominal £1, in a deal that will see it pay £7.5m to the buyer.
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Inland Homes development arm breaches lending covenants
Housebuilder Inland Homes has revealed that its development subsidiary has breached lending covenants.
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Harworth's £1bn strategy on course despite profit and NAV drops
Regeneration specialist Harworth has said its plans to become a £1bn business remain on track, despite operating profit for the first half of the year slumping to £8m, from £99.9m a year earlier.
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Property Franchise Group posts 11% rise in half-year profit
Estate agency business Property Franchise Group has posted an 11% rise in profit for the six months to the end of June.
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Hines moves into new Covent Garden HQ
Real estate investment group Hines has opened its new European headquarters at the Grainhouse development in Covent Garden, London.
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RO Group appoints Bajri as first head of sustainability
The RO Group has appointed Ana Bajri from Countrywide Surveying Services as its first head of sustainability.
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Four & Co appoints new associate director from GCW
London-based retail and leisure property specialist Four & Co has appointed Holly Kiely as an associate director within the business, where she will be working on a mix of lease advisory and agency instructions.
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Related Argent’s Partridge joins Standard Gas advisory board
David Partridge, chairman of UK property company Related Argent, has joined the advisory board of Standard Gas Technologies.
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Knight Frank appoints new global sustainability head
Knight Frank has appointed David Goatman to the newly created role of global head of energy and sustainability services.
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Online
Vistry’s shares soar on merger plans for housebuilding and affordable homes arm
Investors have welcomed Vistry’s plans to merge its housebuilding and affordable homes divisions, after it posted a more than 8% fall in profits for the first half of this year.
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Topland strengthens team with trio of appointments
Privately-owned investment group Topland has appointed James Conolly to its structured finance team, Alex Bailey to its development team and Ben Husbands to its finance teams as it targets further growth.