All articles by Sally Hickey – Page 3
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Online
M&G and Hyde launch new shared ownership fund with £215m in commitments
M G Investments has launched a shared ownership fund that plans to deliver £500m of new sustainable and affordable housing.
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Online
LondonMetric sells £40.9m retail portfolio to US REIT
LondonMetric has sold a portfolio of long-income assets to Realty Income, an S P 500 REIT, for £40.9m.
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Online
Derwent London’s total return drops
Derwent London saw its total return drop from 6.6% in 2019 to -1.8% as at 31 December 2020.
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Online
LXi REIT increases share issue by £50m
LXi REIT has increased the size of its proposed issue from £75m to £125m as a result of strong demand from investors.
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Online
Secure Income REIT posts 77% drop in earnings per share
Secure Income REIT has posted a 77% drop in earnings per share (EPS) for the year to 31 December 2020.
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Online
Angus Steakhouse asks landlords for chop in rent
Angus Steakhouse has asked KPMG to help it negotiate rent concessions as it struggles to stay afloat amid the UK-wide lockdown.
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Online
Commercial rental moratorium extended by three months
The government has announced that the ban on commercial evictions has been extended by three months until 30 June.
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Online
Beaufort Capital completes development facility for 93-home Berkshire site
Beaufort Capital has completed a development facility to fund the building of 93 high-quality family homes in Binfield, Berkshire.
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Online
Marriott International’s Aloft brand opens debut hotel
Marriott International brand Aloft Hotels has debuted in Birmingham with the opening of Aloft Birmingham Eastside.
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Online
USS signs Harts Group in Soho
Universities Superannuation Fund (USS) has let a 5,000 sq ft restaurant in Brewer Street in Soho to Harts Group on a 20-year lease.
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Online
OakNorth lends £10.3m against Croydon office space
OakNorth Bank has completed a £10.3m loan to a private property firm to refurbish Electric House in Croydon.
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Online
Amazon Fresh opens first UK store
Amazon has opened its first UK Amazon Fresh grocery store, at Ealing Broadway in west London.
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Online
Atrium European Real Estate posts 21% drop in rental income
Atrium European Real Estate posted a 21.3% drop in net rental income to €138.9m (£119.9m) for the year to 31 December 2020.
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Online
Supermarket Income REIT announces £100m share placing
Supermarket Income REIT has announced it will issue £100m in shares to allow it to target a pipeline of opportunities.
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News
Budget gets a mixed reaction
Rishi Sunak’s £65bn spring Budget has received a lukewarm response from the property industry, with some claiming it offers no more than “a stay of execution” for many businesses.
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News
Dalata eyes more hotel sites despite a 68% fall in revenue
Incoming CEO Dermot Crowley says he is confident of a strong rebound in hotel occupancy rates this year.
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Online
Pluto Finance targets £600m in new lending
Specialist residential development lender Pluto Finance is targeting £600m in new lending over the course of this year, following the repayment of £300m from its loan book in the past six months.
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Online
Budget 2021: What to watch out for
Chancellor Rishi Sunak is set to deliver the most important budget of the decade as the Covid-19 pandemic continues to tear a hole in the UK’s finances. We’ve highlighted the things to watch out for.
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Online
Knight Frank hires Hillard to ESG team
Knight Frank has grown its energy, sustainability and natural resources team with the appointment of Nick Hillard as a partner.
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Online
PLATFORM to build 453-unit BTR development in Edinburgh
A build-to-rent (BTR) development in Edinburgh, Scotland has been granted planning permission by the council.