OnlineBlackRock buys Morrisons in Borehamwood for £46.5m
BlackRock has acquired a Morrisons supermarket in Borehamwood for £46.5m in an off-market deal from a private investor for its UK Long Lease Property Fund.
- Insight
There are still physical ways we can help physical retail
Like it or not, there’s no simple solution for retail, as last week’s varied round of results showed.
- Online
Savills takes on DP World London Gateway mandate
DP World London Gateway has appointed Savills as sole agent for its 9m sq ft logistics park.
- Insight
2019 forecast: Mario Berti (Octopus Property)
”Attention is now focused on the potential of major regional cities in the South West, Midlands and north of England, as investors hunt for favourable yields and capital growth”
- Online
Hibernia appoints Ryanair's Brennan to board
Hibernia REIT has appointed Ryanair director Róisín Brennan as a non-executive director.
- Online
Bovis set to produce record annual figures
Bovis Homes is set to reveal a record annual profit and a “significant step-up” in margins in its annual figures, according to a trading update to the stock market this morning.
- Online
Emoov exec backed by Russian VC to take online agent out of administration
Emoov’s chief technology officer (CTO) Ivan Ramirez has bought the failed online estate agent out of administration, Property Week can reveal.
- Online
Savills share price falls after flat forecast for 2019
Savills saw its share price drop 4.34% on Tuesday to 731.35p after releasing a trading update which said Brexit and other global political uncertainties will result in a flat year for the group.
- Insight
2019 forecast: Tony Brown (M&G)
”We anticipate continued high demand for commercial real estate, spurred by low interest rates”
- Insight
2019 forecast: Duncan Owen (Schroders)
”We need Brexit to be settled, the process for CVAs to be made more honest and trade wars to end”
