Dragonfly spreads its wings
Dragonfly Property Finance has reached a new milestone, with loan completions hitting £2bn since its launch in 2009.
View ArticleLJ Partnership is primed for global growth after deals
LJ Partnership’s rapid expansion is a good illustration of the growing importance of private wealth in real estate.
View ArticleFutures lands major funding for commercial launch
Midlands-based housing association Futures Housing Group has agreed a £147.5m financing deal to help fund the launch of a new company developing homes for private sale.
View ArticleDransfield refinances Sheffield’s Fox Valley after opening
Dransfield Properties has refinanced its Fox Valley scheme in Sheffield with a new £23m funding package from Lloyds Bank.
View ArticleHedge funds target property shares after EU referendum
Hedge funds are looking to profit from falling shares in commercial property companies by taking out large short positions following the EU referendum.
View ArticlePatron and Madison look for UK bargains after Brexit vote
Two private equity firms that closed funds raising almost £2bn between them this week are both targeting the UK following the EU referendum.
View ArticleLower LTVs limit potential fallout from drop in values
The UK’s commercial property sector is far less indebted than it was on the eve of the 2008 financial crisis, which should limit the damage caused by a drop in values.
View ArticleUK commercial property investment falls 45% in second quarter
The first data to emerge on investment in the second quarter has laid bare the extent to which the UK commercial property market slowed before the Brexit vote.
View ArticleBannatyne: EU vote could be good news for Prologis’s UK business
Prologis’s European president Ben Bannatyne has predicted that the Brexit vote could benefit the company’s UK business by slowing the growth of new industrial development.
View ArticleInstitutional funds ‘unlikely to suffer’ following EU vote
The crisis that has beset retail funds since the Brexit vote has raised concerns institutional funds could soon suffer a similar fate.
View ArticleRetail investors put money back into property funds
Retail investors have started putting money back into property funds after rushing to withdraw their cash in the fortnight following the EU referendum.
View ArticleUnite plots London return as land prices in the capital drop
Unite is planning to take advantage of falling land prices in London to start developing student housing in the capital again.
View ArticleCapco shares fall as valuation of Earls Court takes a tumble
Capital & Counties shares slumped more than 5% on Tuesday after the company slashed the value of its Earls Court estate by £200m.
View ArticleNew bank ups property lending
New challenger bank OakNorth has taken advantage of an increase in property lending opportunities after the Brexit vote, completing almost £30m of loans.
View ArticlePropco chiefs in bullish mood
The chief executives of Hammerson and SEGRO both sought to emphasise the strength of their businesses and the continued good health of occupier markets after announcing interim results this week.
View ArticlePeel Hunt predicts drop in London valuations
Peel Hunt cut its net asset value (NAV) forecasts this week and predicted a fall in London property valuations of 5% to 10%.
View ArticleUK propcos line up to secure new listings in South Africa
It isn’t the most obvious second home for a UK propco. But this week Hammerson joined a growing band of UK-listed property companies to tap South African investors by pursuing a secondary listing in ...
View ArticleFinance firm agrees 50,000 sq ft lease in Solihull
A financial services firm owned by French bank BNP Paribas has committed to a new lease for 50,000 sq ft at its current home in Clearbell Capital’s office campus in Solihull.
View ArticlePocket seals ‘landmark’ debt deal with Lloyds
Specialist affordable housing developer Pocket has secured a £45m financing deal with Lloyds Bank that will help it achieve its goal of developing 4,000 homes in London by 2023.
View ArticleBrexit vote takes its toll at JLL and CBRE
Second quarter results from CBRE and JLL have revealed how the slowdown in the UK market has hit profitability.
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