All articles by Sally Hickey – Page 12
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Landmark lands ground rent assets
Landmark Investments has acquired £31m in new ground rent assets.
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Vaccine news gives a shot in the arm to housebuilders’ shares
The value of the housebuilding sector soars 30% in first three weeks of November, driven by four FTSE 100 stocks.
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Carter Towler acquired Ashley Smith Chartered Surveyors
Independent chartered surveyors Carter Towler has acquired Durham-based Ashley Smith Chartered Surveyors.
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Delta Properties sells Heathrow Amadeus building for £15.6m
Delta Properties has sold the Amadeus building in Heathrow to a charitable foundation for £15.6m.
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URW places £1.79bn bond after shareholders reject share issue
Unibail-Rodamco-Westfield (URW) has placed a €2bn (£1.79bn) bond, days after its chief executive announced his intention to step down.
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First Property Group posts loss after sale of Polish asset
First Property Group posted a 30% drop in pre-tax profit for the six months to 30 September, attributed primarily to the loss of earnings from the sale of a Polish asset.
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Ask Real Estate secures £30m in investment for Newcastle development
Ask Real Estate has secured around £30m in investment through Canada Life Asset Management for the development of One Strawberry Lane in St James in Newcastle city centre.
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OakNorth Bank agrees £16.5m facility with Mumbles Group
OakNorth Bank has agreed a £16.5m facility with Berkshire-based property developer Mumbles Group.
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Impact Smart Homes files plans for Sevenoaks smart neighbourhood
Impact Smart Homes, part of the Impact Capital Group, has submitted a planning application to Sevenoaks District Council to build a smart home neighbourhood.
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Nine Travelodge hotels move to competitor AGO
Nine Travelodge hotels have moved to new platform AGO Hotels following the break clause deadline on 18 November.
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NewRiver intends to pay dividend next year
NewRiver REIT intends to pay a full year dividend in 2021 after posting half year results slightly ahead of analysts’ expectation.
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Mixed reaction to the spending review
The chancellor’s spending review has received a mixed response from the property industry.
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Sunak’s spending review reveals bleak outlook for UK economy
The UK is currently on track to reach the highest levels of borrowing seen in peacetime this year.
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Sirius Real Estate posts 5% growth in net asset value per share
German business park operator Sirius Real Estate has posted a 5% growth in net asset value per share, to 81.18c (72p), for the six months to 30 September 2020.
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Round Hill Ventures announces first close of £178m European proptech fund
Round Hill Ventures has announced the first close of its European proptech fund, which is set to invest €200m (£178m).
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Covid will cause lower housing affordability despite house price drop, says Moody’s
Housing affordability will worsen for young and low-income population groups as a result of the Covid-19 pandemic, according to new research from Moody’s.
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Property management platform Arthur sees 27% increase in onboarding
Cloud-based property management platform Arthur has seen a 27% increase in onboarding users compared to last year.
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European REITs paid £3.65bn in tax last year, according to EPRA and PwC
European REITs paid €4.1bn (£3.65bn) in tax last year, according to a study by EPRA (European Public Real Estate Association) and PwC.
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Oaknorth completes £26.3m loan for specialist care home
Oaknorth has completed a £26.3m loan to real estate investment manager Frogmore.
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Clarks CVA passes amid criticism
Clarks CVA has passed successfully despite fierce operation from landlords.