All articles by Sally Hickey – Page 8
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Housebuilding saw 111% increase between July and September
Official statistics show that housebuilding increased by 111% between July and September last year compared with the previous quarter.
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Reading’s Station Hill development gets go-ahead
The £750m Station Hill development next to Reading station has received planning approval.
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FedEx secured as first occupier at Aberdeen One
Titan Investors has secured FedEx as the first occupier at Aberdeen One.
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Bruntwood SciTech appoints OBI to Leeds Platform
OBI has been appointed by Burntwood SciTech as leasing consultants on Platform in Leeds city centre.
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CBRE Global Investors Credit Strategies completes £111.3m of deals in Q4
CBRE Global Investors Credit Strategies completed £111.3m worth of transactions in Q4 and has announced two new hires in the loan operations team.
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Legal & General ups fund investment portfolio to £1.8bn
Legal General, on behalf of its Limited Price Inflation Fund (LPI), has expanded its investment portfolio to £1.8bn following a slew of deals.
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London office market sees almost £5bn of transactions in Q4
The London office market saw almost £5bn of transactions in the last quarter of 2020, as the mass vaccination programme in the UK, the EU trade deal and higher yields on London’s property encouraged investors to close deals in the city.
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CLS Holdings collects 90% of rent due for the December quarter
CLS Holdings has collected 90% of rent due for the December quarter, rising to 93% when taking into account tenants who have switched to monthly rents.
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Helical collects 81.8% of December rent due
Helical has collected 81.8% of December rent due, with a further 10.6% to be collected by the March quarter day under payment plans.
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LondonMetric collects 98% of December rent
LondonMetric has collected 98% of December quarterly rent of the £22.8m due.
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Great Portland Estates collects 77% of December rent
Great Portland Estates has collected 77% of rent due in December and signed £2.4m of new annual rent in the last quarter.
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Connells creates new market behemoth with Countrywide
Connells plans to retain and build on Countrywide estate agency network following £134m takeover deal
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Duo launch new resi lending platform backed by Oaktree
Silbury Finance founders aim to plug gap in senior development finance provision in residential markets
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Loan agreed for London aparthotel
Cain International has agreed a £74m development loan with Canary Wharf Group and hospitality firm edyn for an aparthotel in east London.
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Property funds saw £1.1bn in withdrawals in 2020
Open-ended property funds saw £1.1bn of withdrawals in 2020, according to global funds network Calastone.
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Schroders hires global head of infrastructure
Schroders has hired Chantale Pelletier as global head of infrastructure in private assets.
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Tritax Big Box REIT chairman to retire
The chairman of Tritax Big Box REIT will retire from the position in May this year.
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Just under £60bn earmarked for investment in global real estate in 2021
Around €64.6bn (£57.5bn) of new capital is earmarked for deployment in global real estate in 2021, according to a survey published by INREV, ANREV and PREA.
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Aviva Investors to invest £2.5bn in low-carbon and renewable energy by 2025
Aviva Investors will invest £2.5bn in low-carbon and renewable energy infrastructure and buildings over the next four years as part of its commitment to reach net zero emissions by 2040.
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KHK Capital secures £25m funding line from Shawbrook Bank
Real estate bridging and development lender KHK Capital has secured a £25m funding line from Shawbrook Bank.