Autumn Statement boosts builders
Mid-priced housebuilders and healthcare REITs were among the biggest listed property company winners in last week’s Autumn Statement.
View ArticleLack of update on PDR hits office-to-resi lending
Lenders are becoming increasingly reluctant to finance office-to-resi schemes as the end to temporary changes to planning rules making the conversion of use easier looms ever closer.
View ArticleBanks braced for outcome of Bank of England stress tests
The UK’s eight largest lenders are braced for the outcome, next week, of the Bank of England’s stringent stress tests to gauge how prepared they are for another financial crisis.
View ArticleSchroders seeks new funding for WELPUT
Schroders is looking to raise up to £300m in new equity for WELPUT as it expands the remit of the £1.2bn investment fund beyond West End offices.
View ArticleVenn backs Perfume Factory PRS
Private-rented sector developer Essential Living has agreed a £20m debt facility with Venn Partners to fund the development of between 480 and 550 rental homes in west London.
View ArticleTIAA Henderson Real Estate lands £120m finance
TIAA Henderson Real Estate has secured a £120m debt facility from Santander and ING on behalf of The Houndsditch Estate.
View ArticleBlackrock raises ‘for sale’ sign over Lands Improvement
Lands Improvement - one of the oldest land investment companies in the UK - has been put up for sale.
View ArticleMcCarthy & Stone set for major refinancing
Retirement housebuilder McCarthy & Stone is on the verge of agreeing a major refinancing of the debt it secured with its shareholders last year.
View ArticleGalliford Try and Persimmon shares rise on back of bumper year
Shares in housebuilders Galliford Try and Persimmon rose this week after both posted upbeat trading updates.
View ArticleNAMA to maintain its high sales rate
Irish bad bank NAMA completed loan and asset sales of €7.8bn (£6.1bn) in 2014 - more than 40% of the €18.7bn of assets it has sold since its inception in 2009.
View ArticleSareb offloads four portfolios
Spanish bad bank Sareb has confirmed the sale of four property loan portfolios and one office portfolio with a combined face value of €847m (£662m).
View ArticleListed firms set for modest growth after stellar 2014
Listed property companies enjoyed another stellar year in 2014, with property outperforming almost every other listed sector, but analysts expect more modest levels of growth in 2015.
View ArticleBarwood and Delancey aim to be new force in sheds
Barwood and Delancey have joined forces to launch a new industrial and logistics developer, with ambitions to rival the likes of SEGRO and Prologis in the sheds market.
View ArticleInvestors look to secondary markets for better returns
Most investors believe that prime real estate is now overpriced across Europe and are increasingly turning to secondary cities and assets,
View ArticleOil-price fall boosts retail
The plummeting oil price has persuaded analysts at JP Morgan Cazenove to upgrade European retail property stocks.
View ArticleLSO secures debt financing for serviced office offering
Office Space in Town’s serviced office joint venture with Forum Partners has secured a £51.5m debt financing deal and is close to agreeing new equity funding.
View ArticleNAMA gets ready to jettison Cork real estate loan portfolio
NAMA is selling a €350m (£271m) non-performing loan portfolio secured against prime real estate in Cork owned by Irish developer Owen O’Callaghan.
View ArticleOmni lends to Prime for development
Christian Candy’s Omni Capital is providing debt financing for a £13.5m residential development project in Chiswick, west London
View ArticleSavills could be target for US rivals as it fails to keep pace
Even after a sharp jump in its share price, Savills still trades at a big discount to US rivals CBRE and Jones Lang Lasalle (JLL), which analysts think is undeserved and could even make it an...
View ArticleCity View: Pricing in 2015 - hot or not?
Prime yields are almost back to 2007 levels, a year many in the property industry would wish to forget.
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