All articles by Tanya Ashreena – Page 4
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Kingfisher shares jump
Shares in Kingfisher were up 5.6% on Wednesday after its first-half profit beat forecasts.
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Sainsbury’s shares jump
Shares in Sainsbury’s were up 2.57% as a survey by Kantar Worldpanel revealed the wet weather in August did little to dampen supermarket sales over the summer.
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Britannia Music Site in Ilford to feature 30% affordable
Developer Durkan has signed an agreement with Southern Housing Group to deliver a mix of 30% affordable rent and shared ownership property at its Britannia Music Site development on Chapel Road, Ilford.
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Zorin Finance expands team with two new hires
Zorin Finance has hired Benoit Vanpoperinghe as chief operating officer and Richard Gosden as associate director in the credit risk team.
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Secure Income REIT’s shares up
Shares in Secure Income REIT were up 1.85% on Monday after the company posted a 9.9% rise in net asset value (NAV) per share in the six months to the end of June.
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JD Wetherspoon’s shares surge 14%
JD Wetherspoon’s shares jumped almost 14% on Friday, as sales amid wet weather in the British pub chain led to higher profits.
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Warehouse REIT raises £150m in IPO
Warehouse REIT has announced that it has raised gross proceeds of £150m in an initial public offering, in line with its target.
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Network Homes and Quintain to develop 252 affordable homes at Wembley Park
Network Homes and Quintain have announced a partnership to deliver 252 new affordable homes across Wembley Park.
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Share sell-offs raise concerns for housebuilding sector outlook
Redrow shares slumped by 8.3% on Tuesday after the company’s chairman Steve Morgan sold a 7% stake in the company.
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Andy Hallett departs Metro Bank after less than a year in post
Metro Bank’s head of real estate finance Andy Hallett has left the challenger bank less than a year after joining from NatWest.
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Bridging sector records growth in Q2 2017
The UK’s bridging sector is continuing its solid growth trajectory in the second quarter of 2017 after the EU referendum, according to West One’s Bridging Index.
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Allianz provides £212m financing for 55 Baker Street
Allianz Real Estate has extended its footprint in the UK real estate sector by providing a £212m senior loan to London Regional for the refinancing of 55 Baker Street, a mixed-use building in London’s West End.
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Redrow shares tumble
Redrow shares fell by as much as 8% on Tuesday after chairman Steve Morgan sold his stake in the housebuilder.
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ABF shares fall
Shares in Associated British Foods (ABF) fell 4.96% on Monday despite the owner of Primark retail stores raising its full-year profit forecast in a trading update earlier in the morning.
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Europa Capital launches £100m debt vehicle
Europa Capital has launched a UK-focused debt vehicle with commitments of £100m, Property Week can reveal.
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Irma weighs on FTSE 100
The FTSE 100 was down 0.26% to 7,377.60 points on Friday, as global concerns over the impact of Hurricane Irma on the US economy and tensions over North Korea worried investors.
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Bovis Homes shares surge
Shares in Bovis Homes jumped 10.36% on Thursday after the new chief executive Greg Fitzgerald announced a new strategy focusing on profitability during the group’s half year results earlier in the morning.
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Two Colmore Square owners secure £66m green loan
Lloyds Bank Commercial Banking has provided a £66m loan under its Green Lending Initiative to Nurton Developments secured against Two Colmore Square in Birmingham.
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Low LTVs make London worst borrowers' market in Europe
London is the least borrower-friendly location in Europe thanks to low loan-to-value (LTV) ratios for senior loans on prime offices, new CBRE research has revealed .
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Barratt Developments’ shares fall
Shares in Barratt Developments fell 4.57% on Wednesday despite the UK’s largest housebuilder revealing strong results.