Weiner reveals new DevSecs strategy alongside rebrand
Development Securities’ new chief executive Matthew Weiner has unveiled a plan to focus on bigger developments, overhaul its approach to investment management and strike up new joint-venture partnerships.
View ArticleReal estate sector troubled by tax avoidance measures
New measures supported by governments around the world to restrict tax avoidance by multinationals could have far-reaching implications for real estate.
View ArticleBarclays strengthens property lending team
Barclays has hired Blackstone’s Jessica Tomlinson in the latest of several changes within its senior real estate lending team.
View ArticleCBRE, JLL and Colliers post bumper results
CBRE, JLL and Colliers International all posted blockbuster third-quarter results this week on the back of soaring global deal volumes.
View ArticleNAMA sells €6.3bn Irish loan portfolio in a landmark deal
Last week’s sale of the €6.25bn (£4.5bn) Project Arrow loan portfolio to Cerberus for a reported €800m was a landmark deal for Ireland’s National Asset Management Agency (NAMA).
View ArticleSchroders says yes to Europe with launch of new REIT
Schroders is banking on the recovery in continental Europe with the launch of a new REIT focused on “winning cities” and “clever towns”.
View ArticleRegus does a roaring trade
Serviced office group Regus enjoyed strong trading in the quarter to the end of September.
View ArticleCommercial rent rate to double
Legal & General Property (LGP) has predicted that the rental growth rate across the commercial property sectors will almost double over the next few years compared with the rate experienced over...
View ArticleRecord investment pays off for the business park sector
Prime business parks have seen total returns more than double in the past year as their performance continues to improve, according to the latest MSCI/ Strutt & Parker Business Parks Index.
View ArticleEverybody’s talking about it but has the market peaked?
It’s the question everyone is asking and as each week passes there appears to be a different view. Has the UK commercial property market hit its peak? Some say yes, and some say no.
View ArticleBarratt enjoys strong start
Housebuilder Barratt Developments remains on track following a strong start to its current financial year, as conditions in the UK’s housing market continue to be robust and demand holds up across the...
View ArticleWorkspace profits shoot up
The City reacted positively to Workspace Group’s half-year results this week, after they revealed a leap in trading profit.
View ArticleLand fund set to seek investment opportunities in the South East
A new fund investing in land sites in the South East of England has been launched with the aim of delivering an annual return of 12% a year.
View ArticleGreat Portland Estates boss wants UK to remain in the EU
The boss of developer Great Portland Estates (GPE) has revealed a personal preference for the UK to remain part of the European Union (EU) in order continue to benefit from the trading opportunities...
View ArticleLand Secs calls an end to retail sales in current cycle
Land Securities will not sell any further retail assets in the current cycle, chief executive Robert Noel has told Property Week.
View ArticleRocket secures loan facility to put Atlas Building on the map
Private property development and investment management company Rocket Investments has secured a £240m loan facility to finance the development of the Atlas Building, its mixed-use scheme on City Road,...
View ArticlePluto provides £30m loan
Pluto Finance has provided Galliard Homes with a £30m stretched senior development loan for an office-to-residential conversion in Hounslow.
View ArticleNewRiver explores retail and resi options
NewRiver Retail is eyeing more retail and residential development opportunities from its recently enlarged pub portfolio as the company delivers a step change in profitability.
View ArticleCentral London office boom boosts British Land results
British Land has impressed the market with half-year results that showed better-than-expected net asset value (NAV) growth, as well as a strong rental performance across retail and offices.
View ArticleMarriott and Starwood set to become kingsize hotel group
In one of the most significant hotel deals of recent years, Marriott International and Starwood Hotels & Resorts Worldwide agreed to merge this week to create the biggest hotel group in the world.
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