All Online articles – Page 6
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M&G launches £350m European fund
LGPS Central and the Prudential With Profits Fund have invested £300m.
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GPE signs TK Maxx London flagship store at West End scheme
The brand’s new space comprises 22,500 sq ft on the ground and first floor, with a 70ft Oxford Street frontage.
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AXA IM Alts secures £480m loan for City of London office scheme
The development loans is one of the largest agreed for any UK speculative scheme since the start of 2023.
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Rucker to become chairman of British Land in July
He will succeed Tim Score, who will stand down after five years as chairman and 10 years on the board.
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Shaftesbury completes £75m Covent Garden deal
The group told investors that the acquisition presented asset management and rental growth opportunities.
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Net tangible assets rises 4.3% at social housing group Triple Point
Earnings growth and an uplift in the value of assets boosted the company in the year to the end of December.
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CapReg delays publication of annual figures
Regional retail investor’s new auditor has requested more time to compile annual results.
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GLA seeks development partner for 4.3m sq ft Royal Albert Dock scheme
Around £5bn of investment is planned for the east London area over the next 20 years.
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Halifax reports rise in houses prices for fifth consecutive month
The figures “continue to suggest a relatively stable start to 2024”, according to the mortgage lender.
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Former TPG exec Abel launches new investment firm
The former TPG partner has launched Greykite Investment Adviser with around £275m of investor backing.
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City office block secures £46m refinancing
Kiwoom Securities and Hana Securities have secured the facility for their Cannon Green scheme.
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LondonMetric and LXi complete £1.9bn merger
Completion of the deal has created a company with a £6.2bn portfolio.
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Home REIT vows to sue ‘those responsible for wrongdoing’ as City watchdog probes firm
Troubled housing investor’s threat follows the Financial Conduct Authority (FCA) investigation launched last month.
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Annual profit slumps at Foxtons due to Ludlow Thompson takeover
In its figures for the year to the end of December, pre-tax profit came in at £7.9m, down from £11.9m in 2022.
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Losses rocket at IWG but founder confident as group produces record revenue
Global flexible office giant IWG has reported an 80% increase in pre-tax losses.
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London mayor slams government over delay to ban on ‘no-fault’ evictions
Sadiq Khan has revealed 30,000 households in the capital have faced Section 21 notices since 2019.
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Cadogan’s CEO explains the strategy behind Chelsea’s timeless appeal
In the latest episode of PropCast, Cadogan’s CEO Hugh Seaborn speaks to Andrew Teacher about the historic estate’s approach to stewardship, placemaking, and generating social value across its portfolio – which includes The Gaumont, a recently completed cultural destination on the King’s Road.
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Siemens invests £100m in Wiltshire R&D facility
The facility will replace the current Chippenham factory on the site.
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How property owners can capitalise from land and buildings suitable for outdoor advertising
Property owners who have a building or disused piece of land by a high traffic road can make a significant profit from having a digital billboard installed on their property.
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PPHE Hotels posts record annual revenue figures
A growing occupancy rate was behind a 26% rise in income.