All articles by Tanya Ashreena – Page 14
-
Online
Housebuilders fall on election results
Housebuilders, such as Taylor Wimpey (down 3.1%), Barratt Developments (down 2.6%) and Land Securities (down 2.3%) were among the biggest casualties on the FTSE 100 on Friday following a hung parliament in the general elections.
-
Online
‘Billion Dollar Club’ dominates real estate, says Preqin
Investors allocating $1bn (£785m) or more to real estate account for more than four out of five institutional dollars invested in the asset class, according to Preqin.
-
Online
Atrium European Real Estate to return €52.8m to shareholders
Atrium European Real Estate has announced a special dividend of €0.14 per ordinary share, representing an aggregate return to shareholders of approximately €52.8m (£41.4m).
-
Online
First Property Group shares fall
First Property Group’s shares fell 1.82% on Thursday after the company announced annual results.
-
News
Four-fifths of lenders expect to increase loan books in 2017
More than 80% of lenders intend to increase their property loan books this year, the latest research from Savills reveals.
-
News
Palace Capital to top £200m mark
Palace Capital is homing in on a £20m office acquisition that will boost its portfolio to more than £200m in size.
-
Online
First Property Group commits £22m to UK offices
First Property Group will invest £22m in UK offices this year in the regions, Property Week can reveal.
-
News
Barings aims to triple UK industrial portfolio
Barings Real Estate Advisers is set to increase its exposure to the industrial sector to £500m from £163m in the next three to five years, Property Week can reveal.
-
Online
St. Modwen and Workspace shares soar
Shares in St Modwen Properties jumped 5.8% on Wednesday after the company revealed the results of a six-month strategic review.
-
Online
JV acquires Mercy Health HQ for $84.5m
London-based 90 North REP and strategic partners Sidra Capital have acquired the Mercy Health headquarters building in Cincinnati for $84.5m (£65.3m).
-
Online
Workspace to deliver 1m sq ft of offices by 2020
Workspace is set to open more than 1m sq ft of new office space in the next three years.
-
Online
PGIM provides £21.1m to Fizzy Living for PRS portfolio
PGIM Real Estate Finance has provided £21.1m to Fizzy Living to refinance its existing investor-provided senior debt at two new sites in Lewisham, south-east London.
-
Online
Palace Capital’s share rise
Shares in Palace Capital rose 1.96% on Tuesday following its annual results.
-
Online
Himanshu Raja announced as new Countrywide CFO
Countrywide has announced that chief financial officer, Jim Clarke, will step down from the board on 31 July and retire from the group on 31 December.
-
Online
Lloyds provides HB Reavis £47m for Cooper & Southwark refurb
Lloyds Bank Commercial Real Estate has provided a £47m development financing loan to HB Reavis for the full refurbishment and modernisation of 61 Southwark Street.
-
Online
INTERNOS’s Hotel Real Estate Fund II completes first close at €133m
INTERNOS Global Investors has completed the first close of its Hotel Real Estate Fund II at €133m.
-
Online
Octane Capital completes £1m loan
Octane Capital has financed a £1m bridging loan for the acquisition of two neighbouring Hertfordshire-based properties, which will be converted into flats.
-
Online
LendInvest launches three-year bridge product at 110% ICR
LendInvest has launched a three-year bridge product as a funding alternative to a conventional buy-to-let loans.
-
Online
Bovis Homes shares jump
Shares in Bovis Homes rose 1.95% on Monday following an upgrade from Deutsche Bank.
-
Online
LXi REIT acquires Priory Care Home for £8.4m
LXi REIT has announced the acquisition of Priory Care Home in Leeds for £8.4m, reflecting a net initial yield of 6.3%.