Nordic firm Brunswick Real Estate sets up shop in the UK
Nordic investment manager Brunswick Real Estate is entering the UK market with the launch of a new firm led by well-known industry figures David Turner and Will Amies.
View ArticleNew St Modwen boss trails portfolio and strategy review
St Modwen Properties has embarked on a review of its portfolio and strategy that could result in it increasing its exposure to the industrial market.
View ArticleEuropean office yields forecast to be ‘roughly the same’ in 2021
Capital Economics has issued a bullish forecast for the office investment market in continental Europe.
View ArticleAgency shares surge as results impress
Shares in CBRE, JLL, Savills and Colliers International have bounced back to pre-EU referendum levels - boosted in the past fortnight by better than expected financial results.
View ArticleLondon office values forecast to plummet
Green Street Advisors has forecast that London offices will suffer a “low double-digit fall” in values over the next two years.
View ArticleGreen REIT eyes potential of Brexit-related office moves
Green REIT is confident that the Dublin office market will benefit from Brexit as occupiers from London kick off searches for office space in the Irish capital.
View ArticlePremium outlet investments prove a smart move by Hammerson
Hammerson delivered better-than-expected net asset value (NAV) growth in full-year results on Monday, boosted by the strong performance of its premium outlet investments.
View ArticleUnite set to splash out £400m this year
Unite Students has embarked on a £400m spending spree this year targeting both development sites and existing schemes.
View ArticleICG-Longbow hunts for £40m to grow senior debt vehicle
ICG-Longbow is looking to raise more than £40m to grow the capital base for its senior debt vehicle, the £112.57m ICG-Longbow Senior Secured UK Property (SSUP) Debt Investments.
View ArticleBullish Dalata Hotels eyes UK expansion
Irish hotel group Dalata outlined plans for an aggressive UK expansion programme this week as it posted a 28.8% rise in revenue and 55% rise in pre-tax pro ts for the year to 31 December 2016.
View ArticleLSL hails ‘resilient’ second half of 2016
LSL Property Services has posted mixed results for 2016 but says it is “well positioned to capitalise on market conditions to increase shareholder value” in 2017.
View ArticleGeographical diversification lifts CLS’s results
CLS Holding’s chief executive has highlighted the importance of “geographical diversification” in the group delivering record results for 2016.
View ArticleRegional occupiers ‘not spooked’ by Brexit vote
Confidence among regional office and industrial occupiers remains strong despite the prospect of the UK leaving the EU, according to Regional REIT asset manager Stephen Inglis.
View ArticleCity questions £11bn merger of Standard Life and Aberdeen
Standard Life and Aberdeen Asset Management have claimed their £11bn merger will create a “formidable player” and is “excellent” for their clients. But the market did not appear to agree.
View ArticleBCBS considers toning down Basel IV reforms for EU banks
Speculation is mounting that the Basel Committee on Banking Supervision (BCBS) is planning to dilute the Basel IV reforms amid concerns European banks will struggle to meet the higher capital...
View ArticleLloyds Bank reports steady year-on-year commercial real estate lending levels
Lloyds Bank’s real estate team agreed £8.6bn of new funding to the UK commercial property sector last year, down 4.65% on the £9bn it agreed in 2015.
View ArticleSavills IM and Urbanwise land funding for London schemes
Savills Investment Management (IM) and Urbanwise have secured debt financing for two major residential schemes in south London with a combined development value of £115m.
View ArticleSEGRO boss gets £1m rise after bumper year
SEGRO chief executive David Sleath has been rewarded with a bumper £1m increase in his total pay as the company embarks on a second equity raise in six months to capitalise on the buoyant industrial...
View ArticleIndustry secures key revisions to new tax legislation
The property industry has welcomed revisions in this week’s Finance Bill to legislation on tax relief for interest costs that help to address potentially damaging and unintended consequences for...
View ArticleLendlease seeks investor for new £1bn BTR platform
Lendlease is set to launch a £1bn build-to-rent (BTR) platform and is on the hunt for an investment partner.
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