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All articles by Patrick Gower
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NewsResolution in Alphabeta testing on City fringe
A bronze statue of Mercury, the wing-heeled messenger to the gods, looks out over the scruffy northern fringe of the City of London from atop the tower of Triton Court — a symbol of a time gone by.
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OnlineUGL grows on DTZ success
DTZ’s parent company UGL today said its property business revenues had increased 36% in the final six months of 2012, aided by the “aggressive expansion” of DTZ.
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OnlineIntu forms debt vehicle
Intu has established a new debt vehicle to refinance four of its shopping centres and completed a £250.5m deal to buy Midsummer Place in Milton Keynes.
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OnlineBarratt profits soar as lending conditions improve
Barratt Developments today said pre-tax profits rose 113% in the final six months of 2012, crediting better lending conditions and the government’s NewBuy scheme for the improvement.
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OnlineIntu forms debt vehicle and completes Midsummer deal
Intu has established a new debt vehicle to refinance four of its shopping centres and completed a £250.5m deal to buy Midsummer Place in Milton Keynes.
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OnlineSegro NAV dips as it continues “non-core” sell-off
Segro’s net asset value (NAV) dipped 6.2% in 2012 due to the performance of its “non-strategic” assets and south east offices.
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OnlineRedrow profits grow as house prices rise
Housebuilder Redrow said profit before tax rose 50% in the second half of 2012 aided by an increased gross margin.
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OnlineAll but four London Boroughs seek to block office-to-resi conversions
All but four of London’s Boroughs are likely to seek an exemption from new rules making it easier for developers to convert offices into homes.
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OnlinePersimmon profits rise more than 50%
Persimmon profits rose 52% in 2012 as the government’s Funding for Lending scheme reduced mortgage rates.
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OnlineBovis posts profits hike as margins rise
Bovis Homes delivered a 34% increase in profit in 2012 in what it called a “challenging but stable market environment”.
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OnlineBarratt buys West End block for £100m office-to-resi scheme
Barratt London has bought an office and retail block in Westminster for a £100m residential development.
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OnlineIntu confirms Milton Keynes talks
Intu Properties has confirmed it is in “advanced discussions” to acquire a £250 Milton Keynes shopping centre from Legal General Property, as revealed by Property Week.
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OnlineIntu confirms Milton Keynes talks
Intu Properties has confirmed it is in “advanced discussions” to acquire a £250 Milton Keynes shopping centre from Legal General Property, as revealed by Property Week.
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Online
Nuffield Health begins 40,000 sq ft south east search
Nuffield Health has started search for a new 40,000 sq ft headquarters in Guildford.
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NewsBattle lines drawn on rights-of-light reforms
Mayoral advisers praise Law Commission’s proposals but others voice concern for homeowners
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OnlineBruntwood secures debt extension
Bruntwood has agreed a £229m extension of its commercial mortgage-backed securitisation (CMBS).
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OnlineLondon to borrow £1bn for tube extension
The Greater London Authority plans to borrow up to £1bn from the taxpayer to pay for the extension of the Northern Line to Battersea, with a repayment guarantee provided by the government.
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OnlineHeron in tower refinancing
Gerald Ronson’s Heron international is in talks to refinance a £370m loan used to finance the construction of the Heron Tower.
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OnlineBruntwood secures debt extension
Bruntwood has agreed a £229m extension of its commercial mortgage-backed securitisation (CMBS).
