All Propcos articles
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Online
LSL completes franchising move
LSL Property Services has completed the final stage of franchising its 183-strong estate agency branch network.
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Property Franchise Group appoints SME expert Noyce to board
Estate agency network The Property Franchise Group has appointed Claire Louise Noyce as a non-executive director.
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British Land launches Innovation Advisory Council to support life science and innovation growth
British Land has established an Innovation Advisory Council of five leading academics and executives who will advise it on the development of 1.9m sq ft of lab and innovation space.
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Harcus Parker vows to continue legal fight against Home REIT
Law firm Harcus Parker has vowed to continue with its legal action against Home REIT, despite the social housing provider blaming its woes on a former adviser.
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Home REIT blames investment adviser for woes following internal investigaton
The board of under-fire social housing group Home REIT has claimed investment adviser Alvarium did not inform it of problems with its portfolio, following an internal probe into alleged wrongdoings.
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LendInvest sells BTL portfolio for £243m
LendInvest has sold a portfolio of buy-to-let residential mortgages to Chetwood Financial for £243m.
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Sirius agrees early new lending deal
Sirius Real Estate has agreed an early refinancing of the company’s next major debt expiry with German lender Deutsche Pfandbriefbank.
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CapReg shows improvement but footfall remains below pre-Covid levels
Shopping centre group Capital & Regional saw footfall during the four months to the end of April rise 4.8% compared to 2022, but it remains below pre-pandemic levels.
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Workspace produces robust annual figures despite macroeconomic headwinds
Workspace Group has posted a 34% rise in rental income as the SME office space specialist avoided the sharp falls in valuations suffered by other property groups.
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GPE boss Courtauld boasts stronger annual performance than Landsec and British Land
Great Portland Estates chief executive Toby Courtauld has claimed a strong set of annual results after the group’s valuation losses were lower than at rivals Landsec and British Land.
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Empiric Student Property issues confident update ahead of next academic year
Empiric Student Property has revealed that it expects average rents to rise by more than 7% during the 2023/24 academic year.
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LondonMetric agrees £200m takeover of CT Property Trust
LondonMetric has agreed a deal to buy rival CT Property Trust (CTPT) for £198.6m.
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Watkin Jones set for £500m-plus of deals as forward funding returns
Watkin Jones is set for more than £500m of forward funding deals after failing to secure any during the first half of its financial year, it can be revealed.
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Ediston considers sale and merger options as NAV suffers sharp fall
Ediston Property Investment is considering a sale or merger of the business, after it posted a 15.3% fall in net asset value (NAV) for the six months to the end of March.
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Vistry expects profit boost at sales rate improves
Housebuilding giant Vistry has told investors its sales rate has continued to improve in the year to date as it pointed to a surge in full-year profit.
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Tritax Eurobox targets €150m sales to reduce LTV
Continental warehouse groupTritax Eurobox is targeting at least €150m (£130.4m) of disposals to reduce its loan-to-value (LTV) ratio, it can be exclusively revealed.
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Savills hit by lowest transaction levels ‘for a decade’
Savills has revealed its global capital transaction volumes for the year to date are at the lowest levels in a decade.
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British Land posts £1bn annual loss as valuations slump 12%
British Land has posted a swing of almost £2bn from profit to loss as macroeconomic factors hit property values.
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SEGRO commits £2bn to net zero warehouse development in West Midlands
Industrial giant SEGRO has committed £2bn to a decade-long net zero warehouse development programme after becoming a strategic partner of the West Midlands Combined Authority (WMCA).
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Unite appoints Love Island TV executive to board
Student accommodation giant Unite has appointed ITV executive Angela Jain as a non-executive director.