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Home completions at Persimmon fall 10%
Housebuilder posted drop in new home completions during the first three months of it financial year, but reported an improvement in sales rates and “firm pricing”.
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Canary Wharf Group expands debt maturities as it secures £553m from lenders
The financing significantly increases CWG’s debt maturities to grow funding certainty for the longer term.
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NewRiver achieves record 98% occupancy during fourth quarter
The group completed 785,100 sq ft of lettings in the year to the end of March at an average 3.6% above estimated rental value.
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FT columnist Stevenson joins Workspace board
New non-exec director is an investment columnist and founder of news and analysis service ETF Stream.
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Warehouse REIT adds £1.4m to rent roll in fourth quarter
The company secured 22 deals in it fourth quarter at rents an average 28.6% above previous levels.
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Demand for I&L space ‘holds firm despite tough market conditions’, C&W reports
Increase on Q1 2023 figure and the Q1 long-term average was laregly driven by a recovery in demand for mid-box space.
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Q&A with Aldi’s MD of real estate: “We’re committed to opening 500 new UK stores”
Jonathan Neale, managing director of real estate at Aldi, tells Property Week about the value supermarket chain’s growth ambitions and why it has created a centralised property team
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Students are part of the magic mix
Editor: Your recent ‘Solving the student housing shortfall’ roundtable (p26, 22.03.24) raised some interesting points, with Greystar’s Michela Hancock saying “mixed tenure should be encouraged”.
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Tech helps to put occupiers first
The pandemic and the rise of digital management have turbocharged a ‘hotelification’ of real estate.
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Retail takes lead in net zero race
Many supermarkets and retail parks have high EPC ratings and are adopting energy-saving strategies.