All articles by Sinead Cruise – Page 3
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News
AAIM to fire approach for Battersea at REO
Investor to make JV offer after losing out in battle to buy coveted site
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NewsGrosvenor faces £140m loss at Liverpool One
But strong underlying business ensures pretax profits beat £500m
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Online
Prupim takes steps to reduce carbon footprint
Prupim today announced details of a pioneering initiative designed to measure and reduce the carbon footprint of a typical property portfolio.
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Online
Lehmans call time on 'gold rush'
Property shares continued to slide this morning as the industry digested news that Lehman Brothers’ property analysts Mike Prew and Chet Riley had called time on the ‘gold rush’ in the property investment market.
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Online
Grosvenor takes £140m Liverpool hit
The private property company chaired by the Duke of Westminster, today said it was due to incur losses of £140m at its £1bn regeneration scheme Liverpool One.
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OnlineFidelity poaches Savills' Puhar
Fidelity International has poached Alison Puhar, partner and head of UK institutional pooled funds at Cordea Savills to join the company as director of UK Real Estate.
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Online
Middle Eastern property investment tops $13bn
Middle Eastern investors injected US$13bn (£7.5bn) of capital into global real estate markets last year
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Online
Unibail and Rodamco announce merger
French property giant Unibail and Dutch shopping centre investor Rodamco Europe today announced plans to create Europe’s largest retail property company with a portfolio of €21.7bn (£14.7bn)
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MarketsSense and liability
An operation backed by Vincent Tchenguiz has devised a solution to solve crippling company liabilities.
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News
£202m goes under hammer after price readjustment
Private investors roared back into buying mood at early spring auctions hosted by Allsop and Jones Lang LaSalle last week.
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NewsBerkeley joins Saad for £1bn resi fund
New venture aimed at site purchases, development and investment
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Online
NPRF man poached by Morley
Ian Gleeson, former head of property at the Irish National Pensions Reserve Fund (NPRF) of Ireland has been poached by Morley Fund Management to head up its international multi-manager property services.
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Online
Invista swoops on €213.8m French porfolio
Invista European Real Estate Trust has bought a portfolio of French logistics properties for €213.8m (£144m).
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Online
Stonemartin's 'landlord' up for sale
Stonemartin, the serviced office property investor and operator, has put the limited partnership vehicle which owns virtually all of its co-owned properties up for sale at the request of its biggest investors.
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Online
Berkeley and Saad launch three new funds
The Berkeley Group today announced plans to set up three development and investment property vehicles alongside joint venture partner Saad Investments.
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Online
Co-founder to leave Big Yellow
Philip Burks, co-founder and property director of Big Yellow, the FTSE 250 self storage company, is leaving his executive role at the company.
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Online
German Bundesrat approves G-REIT
Europe’s REIT community welcomed another constituent this afternoon after the German Bundesrat approved plans to launch the G-REIT.
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NewsPersimmon could scupper £5bn Taylor Wimpey merger
Shareholder discontent may push housebuilder to launch counter-bid
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Online
Casino plans blocked
Plans to develop 17 US-style casinos across the UK are in disarray after the House of Lords voted against proposals last night.
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Online
CapCo and GPE launch £460m joint venture
Liberty International subsidiary Capital & Counties and Great Portland Estates has set up a £460m 50:50 joint venture designed to enhance both companies’ exposure to London’s red-hot office market.
