All Online articles – Page 6
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AshbyCapital refinances £50m retail park
AshbyCapital has refinanced two of its retail parks with a three-year, £50m loan facility provided by Deutsche Hypo.
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Bromford and LGIM co-create sector-first £50m funding partnership
Legal & General Investment Management (LGIM) has agreed a £50m funding deal with social housing group Bromford.
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Home REIT moves to take control of leases following approval to ditch homelessness commitment
Social housing provider One CIC has agreed to surrender its leases on 100 properties to Home REIT following this week’s shareholder approval for the group to ditch its commitment to easing homelessness.
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UK hotels bounce back from Covid with strong revenue growth
Hotels in the UK are experiencing a post-Covid rebound, according to new research from Knight Frank.
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Chase New Homes secures £26m Paragon Bank finance package
Chase New Homes has secured a £26m finance package from Paragon Bank’s development finance division to support its 170-unit housing scheme in Saffron Walden, Essex.
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Gleeson appoints new sales director
Gleeson Homes has appointed Steve McElroy to the newly created role of group sales director.
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Home REIT secures shareholder backing over ditching pledge to house homeless
Home REIT has won support from shareholders to shift its investment focus from providing accommodation for the homeless in an effort to restore its rental income.
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NAV dips at abrdn European Logistics Income
Net asset value (NAV) at abrdn European Logistics Income’s portfolio dipped 2.6% in the quarter to the end of June.
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InterBay closes buy to let lending deal
InterBay has completed a remortgage deal allowing a property investor to pay off its development loan on 28 units above a retail parade in Hemel Hempstead.
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Hotels sector is proving robust despite headwinds, say three hospitality experts from Whitbread, Hogan Lovells and AREA
Joining Montfort’s Andrew Teacher in the latest episode of PropCast, three hospitality experts offer their perspectives on the challenges facing the sector, and where some of the best opportunities currently lie.
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BGO’s VP of life sciences says proximity to ‘meds and eds’ are key to the sector’s innovation
On the latest episode of PropCast, Montfort’s Andrew Teacher is joined by BGO’s Nick Cassaro, for an insightful discussion focused on the life sciences industry.
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Compton co-founder discusses the growth of the City fringe, the outlook for offices – and why agents need to be more like marketers
Shaun Simons, co-founder of Compton, a punchy commercial property agency specialising in the City fringe, speaks to Montfort’s Andrew Teacher about the evolution of Tech City, why agents should act more like marketing firms and the ever-increasing operationalisation of the office sector.
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Developers face ‘significant challenges’ amid construction delays as rate rises again
The Bank of England’s Monetary Policy Committee (MPC) has increased the bank rate by 0.5 percentage points to 5.25%, causing ”significant challenges” for developers, according to property experts.
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Tritax Big Box closes in on £450m refinancing deal
Tritax Big Box REIT is close to agreeing a refinancing deal of its £450m revolving credit facility (RCF), Property Week can reveal.
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Paragon (Leader of the Year – Residential)
Paragon Development Finance is the provider of financing solutions for specialist developers of bespoke residential and student accommodation developments, with lending in the last financial year of £720 million.
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NTA nudges up at Target Healthcare
Net tangible assets (NTA) at care home group Target Healthcare nudged up during the three months to the end of June as rent across its portfolio rose.
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Aviva Investors provides additional £57m loan to Urban Logistics
Aviva Investors has agreed an additional £57m in sustainable transition financing to Urban Logistics REIT.
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Gagné 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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Orega appoints new chief executive
Flexible workspace provider Orega has appointed Alan Pepper as the group’s new chief executive.
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Housing 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.