All articles by Sinead Cruise – Page 9
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News
Antler charges back on to scene in £150m spree
Asset and fund manager buys 15 units less than six months after portfolio sale
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Online
EOP takeover to spark multi-billion dollar bidding war
A bidding war is set to break out over the multi-billion takeover of Equity Office Properties, the biggest office landlord in the US.
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Online
McCabe stands up to Polygon
Kevin McCabe’s fight to buy Teesland took a dramatic twist this morning after his SCAMP property group initiated a deliberate campaign to devalue Teesland and force stealth shareholder Polygon Global Opportunities into talks.
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Online
Bank of Scotland managing director to step down
Bank of Scotland today announced that Ian Robertson, managing director of its relationship banking division, is stepping down from his role in June
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Online
Big Yellow Group looks to REIT conversion
The FTSE 250 self storage company, today announced it had called an EGM to seek shareholder approval for conversion to a REIT
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Online
Fidelity recruits trio for direct investment
Fidelity International, one of the world’s largest investors in property securities, has unveiled plans to move into direct property investment
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News
Cap & Reg’s Fix ups trade park ante with Landmark deal
Fund manager in ‘very advanced’ talks for £22m purchase
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News
Savills set to pursue American dream
Firm aims to conquer US ‘as soon as physically possible’, says chief
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Online
Auctions: don’t be afraid to invest in ground rents
Too many investors overlook the huge returns on offer, says Sinead Cruise
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News
Sunrise to help the aged with £500m Pramerica follow-up
Upmarket care home operator to focus on London with second wave of retirement communities
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Online
CBRE offloads Savills stake
CB Richard Ellis has offloaded its 19% stake in Savills for around £160m
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Online
Interest rates rise to 5.25%
The Bank of England’s shock decision to raise interest rates to 5.25% this afternoon has left both the City and the property industry reeling.
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Online
Hedge fund builds stake in Teesland
Kevin McCabe remains in pole position to complete the £200m takeover of Teesland despite revelations that a hedge fund has built up a significant minority stake in the company during the past week.
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Online
Standard Life unveils global REIT funds
Standard Life Investments today unveiled two global REIT funds aimed at institutional and retail investors in the UK and Europe.
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Online
Halladale sells Baytree Centre
The UK property co-investment, trading and development company, has sold the Essex shopping centre to Rugby Estates’ O Twelve Estates for £41.6m.
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Online
AAIM buys £270m luxury hotels portfolio
Active Asset Investment Management (AAIM), the international property investor and fund manager, today confirmed it had bought a portfolio of six luxury hotels from private equity firm Permira for £270m
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News
LandSecs’ ‘behind-the-scenes’ Birch steps down as chairman
Board head who oversaw massive company overhaul retires
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News
Bassi calls the tune at Real Estate Investors
Entrepreneur joins REI ahead of aggressive Midlands expansion
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Online
Peace launches REIT regime at stock exchange
More than 50 of the property industry’s leading figures gathered at the London Stock Exchange this morning to celebrate the official launch of the UK REIT