All Online articles – Page 8
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Online
Fewer than one in 10 UK offices would meet 2030 environmental regulations
Just 8.3% of UK office space will satisfy new environmental standards set to be enforced from 2030, according to a report from Carter Jonas.
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Avison Young appoints Ingham as London director
Avison Young has appointed Andy Ingram from property agency Anton Page as a director in its London markets team.
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LXi finance chief quits role
Freddie Brooks has resigned from his role as chief financial officer at LXi REIT to pursue other opportunities.
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Arenson steps back from CEO role at Industrials REIT
Industrials REIT’s founder and chief executive Paul Arenson is to step back from the day-to-day running of the company he founded in 1995.
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Octopus provides £36.8m loan for Surrey office-to-resi project
Octopus Real Estate has provided Sheen Lane Developments with a £36.8m loan to fund the conversion and extension of a vacant Surrey office block into 174 apartments.
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Cushman & Wakefield’s Katsikakis becomes president of the BCO
Despina Katsikakis has been elected as president of the British Council for Offices (BCO).
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Multi-let industrial boom shows signs of cooling, claims Gerald Eve
Rental values in the multi-let industrial sector are showing signs of cooling off, a report from property consultancy Geralld Eve has found.
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Investment at local level key to improving planning
Editor: On 4 July, the Local Government Association released some analysis, timed to coincide with its annual conference, showing that local authorities across England were facing a £2bn funding gap in the coming year due to continued high inflation.
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Progress on energy use is essential
Editor: I agree with your latest leader column that the Climate Change Committee’s negative assessment of progress in decarbonising buildings is deeply worrying.
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Helical joins forces with TfL on commercial office portfolio
Helical has finalised its joint venture agreement with Transport for London (TfL) to deliver office space above or close to London Underground stations.
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Specialists and family offices lead UK hotel investment but volumes tumble 60%
Hotel transaction volumes totalled around £860m for the first six months of 2023, 60% below investment volumes for the same period a year earlier.
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Real estate associations launch first global non-listed equity funds index
Three global real estate associations have joined forces to launch a worldwide index to assess the performance of non-listed equity funds.
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Springfield appoints new finance chief
Scottish housebuilder Springfield Properties has appointed Iain Logan as chief financial officer (CFO).
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Winkworth warns on full-year revenue and profit
Estate agent group M Winkworth has told investors that a “more challenging” market will lead to revenue and profit falls in its current financial year due to rising interest rates and low mortgage availability.
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Cooper steps down as Crest Nicholson FD
Duncan Cooper has resigned as finance director of housebuilding giant Crest Nicholson to become chief financial officer at builders’ merchant Travis Perkins.
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Supermarket Income REIT receives second tranche of cash from Sainsbury’s portfolio sale
Supermarket Income REIT has received the second tranche of cash from the sale of its interest in the Sainsbury’s Reversion Portfolio (SRP).
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British Land updates investors ahead of AGM
British Land’s Simon Carter has told investors the group continues “to see strong operational momentum” ahead of his presentation at the annual general meeting today.
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Watkin Jones completes Colchester student scheme
Watkin Jones has completed on a 286-bed student development in Colchester, Essex on behalf of Moorfield Group and Melberry Developments.
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Stärka recruits Gavaghan from Bruntwood
Leisure real estate adviser Stärka has appointed Lauren Gavaghan as acquisitions and development consultant.
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Big Yellow posts rise in revenue for first quarter
Storage giant Big Yellow Group has announced a 6.7% rise in revenue during the first quarter of its financial year to the end of June, to £48.1m, up from £45.1m at the same point in 2022.