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OnlineNAV and profit collapses at TCS as pandemic bites
Net asset value (NAV) at Town Centre Securities (TCS) slumped 17.4% during the year to the end of June, despite efforts to realign its portfolio away from retail.
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Sigma joins forces with investment giant EQT on £1bn-plus London rental partnership
Sigma Capital has launched a £1bn-plus joint venture with Swedish investment giant EQT Real Estate to development rental homes in London.
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Curlew commits £60m to CKC student scheme in Bermondsey
Curlew Capital has provided CKC Properties around £60m to fund the development of a student accommodation development in Bermondsey, South East London.
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Real Estate Investors swings to a loss after drop in valuations
Midlands-focused REIT Real Estate Investors posted a rise in revenue but swung to a pre-tax loss after suffering a drop in property valuations for the six months to 30 June.
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Urban Splash appoints ex-RIBA director
Urban Splash’s housebuilder arm House has appointed former director of RIBA North Suzy Jones as director of a new division.
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Oxford shakes up European and Asia Pacific leadership team
Oxford Properties Group has shaken up its European and Asia Pacific leadership team with new roles for Paul Brundage, Joanne McNamara and David Matheson.
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Vastint UK buys 8.5 acres from Cardiff council for development
Vastint UK has snapped up an 8.5-acre site in Cardiff city centre from the council as part of its plans for a 40-acre development.
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LondonMetric snaps up trio of petrol stations in roadside real estate drive
LondonMetric has pressed ahead with its move into roadside property after snapping up a trio of BP petrol stations.
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Hammerson considers Rita-Rose Gagné for top job
Rita-Rose Gagné, the Canadian president of growth markets at Ivanhoé Cambridge, is understood to be one of the leading contenders for the chief executive’s job at Hammerson.
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Philip Day looks to sell Peacocks and Edinburgh Woollen Mill
Philip Day has put fashion retail chains Peacocks and Edinburgh Woollen Mill (EWM) up for sale.
