All Propcos articles – Page 2
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OnlineValor completes £25m double acquisition of London last-mile logistics assets
The deals extend Valor’s UK portfolio to 54 assets across 5.2m sq ft.
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OnlineTaylor Wimpey order book falls year on year as home sales dip
Analysts described update as encouraging due to resilient sales in recent weeks.
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OnlineAnnual profit edges up in ‘record’ year for Property Franchise Group
Gareth Samples, chief executive of TPFG, said the year had represented ”yet another year of record performance”.
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OnlineCapReg appoints NHS director to its board
Murphy will also take over as chairman of the group’s audit committee in June.
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OnlineHelical shows “cautious optimism” as update flags up new lettings and high rent collection levels
The company has collected 99% of all rent payable for the financial year to 31 March.
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OnlinePalace Capital slashes debt with asset sales
The group said the sales provided “various options for returning capital to shareholders”, including a tender offer.
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OnlineSEGRO boosts rent roll by £29m in first-quarter trading
The FTSE 100 industrial giant is planning more development and acquistions after raising £907m in equity in February.
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OnlineFoxtons makes ‘strong start to year’ as market share grows
The estate agent revealed its sale pipeline was at its highest level since the Brexit referendum in 2016.
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OnlineCBRE investment veteran Dakin retires
Dakin has led the growth of CBRE’s financial capabilities in the UK and across Europe over the last nine years.
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OnlineAnnual profit falls 15% at Winkworth
Despite the fall, Winkworth will raise the annual dividend to 11.7p per share, from 11p in 2022.
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OnlinePicton completes £29.6m sale of Angel Gate City of London office
Sale price represents a 5% premium to the 31 December independent valuation.
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OnlineUrban Logistics REIT reports 23% rental growth in final quarter of financial year
The company completed three new lettings and three rent reviews during the quarter.
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OnlineHenry Boot sells 500 Cambridgeshire resi plots to Barratt
The sale will complete in July 2024, with the transaction resulting in an ungeared internal rate of return of 15% a year.
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OnlineLGIM expands Unite relationship with £150m funding
The loan will be used to refinance an existing bank facility for the student accommodation giant’s Unite UK Student Accommodation Fund.
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OnlineSales of student digs take a dip at Unite
Valuation of its two portfolios also fell slightly, the group has told investors in its latest update.
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OnlineSirius completes over €100m of acquisitions and disposes of UK asset
The industrial and flexible workspace group has completed four deals in Germany and the UK.
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OnlineSEGRO appoints Bond to lead Thames Valley and Heathrow teams
Bond will oversee a region with £5.3bn of assets under management for the industrial giant.
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OnlineTroubled Home REIT reduces debt further via ongoing asset sales
The value of Home REIT’s portfolio currently stands at £334.1m.
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OnlineVistry boosts board governance as Fitzgerald combines CEO and chairman roles
Housebuilding giant Vistry makes two appointments to its board.
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OnlineSupermarket Income REIT secures increase to lending deal
The firm has increased its unsecured finance facility with Sumitomo Mitsui Banking Corporation.
