All articles by Sally Hickey – Page 7
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News
New U+I CEO targets return to profitability
The new chief executive of U+I says the business could be back in the black by the end of the year, despite this week posting its third pre-tax loss in 18 months.
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News
‘You would think BTR was in the middle of a bull market’
Watkin Jones chief executive says the pandemic has been a ‘positive catalyst’ after summer pick-up in sales.
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Online
New £17.5m deal for Hartpury University and College
Hartpury University and Hartpury College have entered into a £17.5m deal with Cityheart and a UK investment fund for a development in Gloucester city centre.
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Online
Aberdeen office market sees Q4 uptick in take-up
The Aberdeen office market saw a 26% increase in take-up for the final quarter in 2020 compared with the five year average.
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Online
Galliard Homes subsidises stamp duty for extra six months
Galliard Homes will subsidise a six-month extension to the stamp duty tax across developments in London.
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Online
Richardson and Ask Real Estate secure £57m funding for Leeds BTR scheme
Richardson and Ask Real Estate have secured £57m in funding for the development of a new build-to-rent (BTR) scheme in Leeds city centre.
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MEAG takes 6,932 sq ft at 3 Noble Street
MEAG, the asset management arm of Munich Re and ERGE, has secured its first letting at LDN:W in the City of London.
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News
Pictet/XLB joint venture secures £70m loan
A joint venture (JV) between Pictet Alternative Advisors and XLB has secured a £70m loan from German bank Helaba.
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Online
Altus Group appoints new global president of property tax business
Altus Group has promoted Alex Probyn as its global president of its property tax business.
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Online
AGO Hotels buys former Travelodge hotel
AGO Hotels has acquired a former Travelodge hotel in Scotland.
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Online
Valor and QuadReal secure £186m funding for last-mile logistics JV
Valor Real Estate Partners and QuadReal Property Group have secured €210m (£186m) funding for their €1bn last-mile logistics joint venture.
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Online
New national regulator set up for building materials
A national regulator has been set up to ensure the safety of building materials.
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Online
Barings forward funds two PBSA schemes for £43.8m
Barings has agreed to forward fund two purpose-built student accommodation (PBSA) assets in London and Manchester for £43.8m on behalf of a value-add investment strategy.
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Online
Investors are underestimating resilience of offices, says Brookfield boss
Investors are underestimating the resilience of offices and shopping malls, according to the head of Brookfield Asset Management.
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U+I chief executive steps down amid £50m pre-tax loss
Regeneration developer U+I has announced the departure of its chief executive and chief financial officer as the firm grapples with a £25m trading loss for the six months to 30 September 2020.
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Online
New hybrid lender/investor launches with £1bn firepower
A new hybrid investor and lender has launched with firepower of £1bn to take advantage of opportunities in the hotel and office sector.
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Online
Cheyne Capital and Mulbury commit £32m to Manchester development
Impact real estate investor Cheyne Capital and North West housing developer Mulbury have confirmed a £32m forward funding deal to finance the building of 144 apartments in Manchester.
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Online
Next seen as frontrunner to buy Arcadia Group
Next is currently seen as the leader in the race to buy ailing retailer Arcadia Group, as final bids for the group are due today.
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Online
Jaeger employees to be made redundant
Just over 230 Jaeger employees will be made redundant following M S’s acquisition of the brand, according to media reports.
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Online
Landsec completes over 48,000 sq ft of lettings across outlet malls
Landsec has completed over 48,000 sq ft of lettings across its outlet malls in the last ten months.