Investec fuels Meadow’s plans for a new Docklands data centre
Meadow Partners has secured £32.8m of debt financing from Investec to help fund its plans for a new 84,452 sq ft data centre in London’s Docklands.
View ArticleShare price recovery masks sharp difference in fortunes
Property shares have recovered significantly from the battering they took in the first two days after the EU referendum.
View ArticleCommercial property suffers largest value drop since 2009
MSCI has declared the commercial property market “formally in recession” after its IPD UK Monthly Property Index recorded a 2.8% drop in capital values in July.
View ArticleInstitutional funds face similar pricing challenges to retail funds
Retail funds have dominated the headlines since the EU referendum, but the open-ended institutional funds have had to grapple with some of the same pricing issues.
View ArticleCLS to expand London and Germany portfolios despite Brexit vote
CLS Holdings will continue to invest despite the EU referendum result and is eyeing up around £200m of acquisitions by the end of the year.
View ArticleBridges Ventures kicks off new fund with Croydon deal
Bridges Ventures is kicking off the investment programme for its new property fund with a deal to back Hub on the redevelopment of Croydon council’s former offices.
View ArticleVaried responses of fund managers to Brexit vote could ‘create anomalies’
The contrasting responses of fund managers to the EU referendum result have exposed significant differences of opinion about how the interests of investors should be best served and raised concerns...
View ArticleHansteen enjoys Brexit bounce after pound falls against the euro
The strengthening of the euro against sterling since the EU referendum has helped Hansteen to deliver a bumper set of half-year results.
View ArticleRESI: upbeat Persimmon outlook gives housebuilders a boost
Housebuilder shares rallied this week after Persimmon posted a 29% jump in half-year pre-tax profits, and revealed strong sales interest since the EU referendum result.
View ArticleFinancing deals remain on course after EU referendum
As one of the largest financing deals in the market going into the EU referendum, Capital & Regional’s refinancing of its £380m Mall shopping centre portfolio debt is a good barometer of the...
View ArticleReal estate equities set to reap the benefits of reclassification
Real estate equities are to be reclassified next week in changes to global standards that are expected to attract billions in new investment to the sector.
View ArticlePHP set for 20th year of growth
Edison Investment Research has issued an upbeat note on the progress of Primary Health Properties (PHP).
View ArticleNo Brexit fears for South African investor eyeing big UK deals
Texton Property Fund, the South African investment group that already owns a £120m portfolio of UK-based properties, has hinted at more deals in the pipeline for the company despite the prospect of...
View ArticleSheds hit the big time with CBRE’s new logistics index
If there’s a sure sign of a property sector coming out of the shadows and becoming a core investment opportunity, it’s when a major agency launches a brand-new index for it.
View ArticleSmall is better for CR’s new real estate financing arm
CR’s new real estate finance arm will look to carve out a niche providing advice on smaller financing deals in Europe and potentially launch its own debt fund.
View ArticleBerkeley reports recovery in demand after ‘hiatus’ around EU vote
Berkeley Group has reported a pick-up in demand in August in a trading update that was highly critical of the government’s housing policy.
View ArticleHarworth predicts growth
Harworth Group is forecasting an improvement in its performance in the second half of the year despite the EU referendum result.
View ArticleNew Schroders hire to lead Asian push
Schroder Real Estate has made a senior appointment in Asia as part of a move to start investing directly in the region.
View ArticlePopularity of green property financing is forecast to grow
The market for ‘green’ real estate finance has taken a significant step forward this year.
View ArticleBrenial, netball and duck herding... key RESI lessons
From the impact of Brexit on the housing market to modular construction and the first speech from the new housing and planning minister Gavin Barwell, delegates at this year’s RESI Conference had more...
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