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NewsDNA Real Estate receives £21m loan for Brentford development
Specialist lender Cohort Capital has signed a £21m deal with developer DNA Real Estate to finance the purchase of Great West House, a 150,000 sq ft office building in Brentford, west London.
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CMA closes mis-selling investigation of housebuilder Barratt
The Competition and Markets Authority (CMA) has said it has closed its three-year investigation into alleged mis-selling of leasehold homes by Barratt Developments, the UK’s biggest housebuilder, citing lack of evidence.
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Colin Meharg hired by MGAC | RLF as director in Glasgow office
Consultancy MGAC | RLF has brought in Colin Meharg to be director and project management lead, responsible for advising clients and developing the business expansion strategy.
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Prologis spends £200m on two London logistics sites
US real estate giant Prologis has acquired two last-mile logistics estates, Central Park in Park Royal and Imperial Park in Watford, for £200m from Schroders Capital.
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LondonMetric sells Birmingham and London assets for £26m
FTSE 250-listed REIT LondonMetric Property has sold sites in Birmingham and London for a combined £25.6m, reflecting a blended net initial yield of 5.3%.
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Bellway adds strategic land unit for South West and Wales
Homebuilder Bellway has completed the overhaul of its nationwide strategic land business unit with the launch of a team for the South West and Wales regions.
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McCarthy Stone recruits new Midlands MD
Retirement community developer McCarthy Stone has appointed Liz Fisher as the new managing director of its Midlands division.
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Three ways to recession-proof your development business
There’s some uncertainty about whether or not the UK is actually in a recession at the moment. But the current financial downturn and increasing cost of living mean that if we’re not officially in one already, it is likely just around the corner.
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Lewis Ellis bolsters team with two hires
Real estate investment adviser Lewis Ellis has strengthened its team with the addition of a new salaried partner and a team assistant.
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Software firm takes 30,000 sq ft at Dublin office park
Software and analytics firm Cubic Telecom has taken out a long-term lease for nearly 30,000 sq ft of Dublin office space at The Hive Sandyford.
