All articles by Sinead Cruise – Page 5
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Slough boasts 14% rise in adjusted NAV
Slough Estates chief executive Ian Coull today boasted that his company ‘entered 2006 in good shape and left it in even better shape’
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LandSecs confirms £509m spend on two major portfolios
Land Securities Trillium today sealed a phenomenal first quarter of investment activity by confirming the acquisitions of the Royal Mail and Accor Hotels portfolios for a total £509m.
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Peel: no intention of UK Coal offer
Peel Holdings, the property and transport group owned by John Whittaker, today reiterated that it had no intention of making an offer UK Coal.
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Unite Group to double business size
Mark Allan, chief executive of the Unite Group, the UK’s largest provider of student accommodation, today announced plans to double the size of its business as demand for quality student housing goes from strength to strength.
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Development Securities' Willis to retire
Development Securities today announced that Paul Willis, its joint chief executive, has decided to take early retirement citing family reasons
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Tchenguiz builds Sainsbury's stake to 3%
Robert Tchenguiz has built up a 3% stake in Sainsbury’s, stoking speculation that he could be involved in a bid for the retailer.
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Minerva secures CPO rights for Park Place
Minerva has moved a step closer to kickstarting development of its Park Place scheme in Croydon after securing Compulsory Purchase Order rights on land surrounding the site.
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Terrace Hill takes on Bob Dyson
Terrace Hill Group, the AIM-listed property developer, has appointed Bob Dyson as a non-executive director
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Blackstone to buy Tussauds Group for £1bn
Blackstone has struck a £1bn deal to buy theme park and tourist attractions conglomerate the Tussauds Group from Dubai International Capital, it was announced this morning.
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Hammerson shrugs off French takeover rumours
Chief executive John Richards denies Unibail link-up as Hammerson produces 21% NAV rise in 2006
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Westfield proves its global REIT eminence
Healthy figures show UK is company’s fastest-growing region
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BT mandate heralds Hermes’ foreign debut
Experienced team is recruited from Abu Dhabi to invest £700m for BT
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Vaquier promoted to top job at Axa REIM
French head Pierre Vaquier appointed as global chief executive
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JLL accentuates positive after disappointing February sale
Auctioneer remains cheery as ‘in the room’ sales go down by nearly £20m on last year
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BPF blasts government over PGS
The British Property Federation has blasted the government for showing a ‘fundamental lack of understanding in the development process’ following plans to introduce a Planning Gain Supplement.
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LandSecs Trillium takes full control of IIC
Land Securities Trillium has taken full control of Investors in the Community (IIC) after buying out its 50:50 joint venture partner, the Mill Group
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Brankin to unveil Scottish Property Federation tonight
Rhona Brankin, Scottish minister for communities, will tonight unveil the Scottish Property Federation as the new voice for the property industry in Scotland
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Hermes announces plans for $1.4bn overseas portfolio
Hermes today announced plans to assemble a $1.4bn (£700m) overseas property portfolio on behalf of the BT Pension Scheme.
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Hammerson asset value rises 21%
Hammerson boasted a 21% increase in net asset value for the year to 31 December as its UK and French development arm goes from strength to strength.
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Savills pools resources to create portfolio-selling squad
Sale-and-leaseback frenzy prompts ‘very un-Savills’ initiative