All articles by Sebastian McCarthy – Page 4
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OnlineKSL affiliate provides £85m to refinance London hotel
An affiliate of KSL Capital Partners has provided a loan of up to £85m to an affiliate of Resolution Property to refinance the development facility secured on the recently opened Hyatt Place, London City East hotel.
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OnlineOusted RICS director calls for review to be made public
One of the non-executive directors (NEDs) of the Royal Institution of Chartered Surveyors (RICS) allegedly ousted for raising the alarm about a financial audit has called on the body to publish the findings of the independent review into the matter or risk ‘exacerbating the damage done’.
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OnlinePressure grows on RICS to make report public
Members of the Royal Institution of Chartered Surveyors (RICS) are calling on the crisis-hit body to make public the findings of an independent review into its treasury management audit.
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OnlineIndependent report handed over to RICS
An independent review of the Royal Institution of Chartered Surveyor (RICS) has been handed over to the crisis-hit organisation.
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OnlinePlus X appoints Savills as strategic adviser
Innovation hub Plus X has appointed Savills as strategic adviser for its plan to expand its current portfolio of hubs to 25 over the next five years, targeting 1.25m sq ft of workspace across the UK.
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OnlineDuo appointed to OPDC committee
The Mayor of London has made two new appointments to Old Oak and Park Royal Development Corporation (OPDC)’s Planning Committee.
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OnlineWeWork and C&W to create £108m partnership
WeWork and Cushman Wakefield are in negotiations to create an “exclusive strategic partnership”.
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NewsLondon’s super-prime resi is in the prime of its life
Savills data shows sales of £5m-plus properties at highest level in seven years.
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NewsQ&A: Goodstone-Eutopia duo on the growing BTR market
Martin Bellinger and Scott Hammond discuss Goodstone’s debut scheme and their expectations for the sector.
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Online‘Spring in the step’ of London office market in Q2 2021
There was “a spring in the step” of the central London office market in Q2 2021, according to DeVono Cresa, with more businesses committing to new office space as plans to return to workplaces took shape.
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OnlineIntu administrators issue progress report
Unsecured creditors to Intu Properties are set to receive up to 7p in the pound, according to an update from the shopping centre landlord’s administrators.
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OnlineCanon snaps up The Bower in major Thames Valley office deal
Canon has taken the entirety of The Bower at Stockley Park for its UK and European headquarters.
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OnlineL&G and NatWest Group Pension Fund form £500m JV for retirement home portfolio
Legal General has entered into a 15-year joint venture partnership with NatWest Pension Trustee Limited (NWPTL), the defined benefit pension scheme of NatWest Group, to invest £500m of equity in building later-living communities.
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OnlineLandlords recommend plan for clearer transport strategy
Landlords have put forward a new 10-point plan for the government to adopt a clearer transport strategy amid fears that a lack of urgency and vision is undermining the levelling-up agenda.
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OnlineFirst closing for BMO REP Residential Europe Fund
BMO Real Estate Partners (BMO REP), the pan-European property investment and asset management arm of BMO Global Asset Management, has announced the first closing of its recently launched BMO Residential Europe Fund, which has a target investment volume of €800m (£683m).
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OnlineMSCI acquires Real Capital Analytics
MSCI is to acquire Real Capital Analytics (RCA) for $950m (£690m) in cash.
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OnlineCovid issues force Neal’s Yard Remedies to temporarily shut three stores
Neal’s Yard Remedies has closed three stores temporarily, citing operational issues linked to Covid-19.
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NewsWill Liverpool walk on?
Few cities currently illustrate the ups and downs of the world of property development quite like Liverpool.
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NewsNumber of senior living units forecast to grow
Knight Frank predicts number of units will rise by 10% over the next five years.
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NewsZero availability for lab space in Cambridge due to demand
Lack of spec development along with booming demand for life sciences has resulted in squeeze on space.
