Beckwith-backed Keyrock Capital seeks €25m to fund Spanish acquisitions
Keyrock Capital, the Spanish residential development arm of Sir John Beckwith’s Pacific Investments, is seeking to raise at least €25m (£21.7m) to fund future acquisitions.
View ArticleBoE stress tests updated
UK banks will be tested against a less severe commercial property crash scenario in this year’s Bank of England (BoE) stress tests.
View ArticlePrime commercial property yields harden
Yields on prime commercial property have hardened for six months in a row - the longest sustained period of decreasing yields since early 2014, according to Savills.
View ArticleInland Homes seeks further joint ventures with councils
Inland Homes is planning more joint ventures with local authorities following the success of its collaboration with Southampton City Council.
View ArticleSaïd to launch $1bn global property drive
Syrian-born billionaire Wafic Saïd is set to embark on a $1bn (£800m) global property investment drive and has earmarked around a third of the total for London assets.
View ArticleBrexit vote lessons for property funds put under the microscope
A draft report into the impact of the EU referendum on property funds has called for better communication from fund managers and the creation of a broader range of products for retail investors.
View ArticleF&C Commercial Property Trust drops performance fee
F&C Commercial Property Trust has dropped the performance fee paid to investment manager BMO Global Asset Management.
View ArticleTitlestone makes one of its largest-ever loans
Titlestone Property Finance has made one of its biggest loans to date supporting Hodson Developments with a £36m revolving facility for a major scheme in Kent.
View ArticleCBRE top brass suffer pay squeeze in 2016
CBRE’s top global executives have been awarded lower pay packages for 2016 after the company’s growth fell short of expectations.
View ArticleRecovery in capital values gathers pace, led by industrial market
UK commercial property values saw their biggest monthly increase in March since December 2015, boosted by a spike in industrial values, according to the CBRE Monthly Index.
View ArticleGPIF begins asset manager search ahead of expansion
The world’s largest pension fund - Japan’s $1.25trn (£1trn) Government Pension Investment Fund (GPIF) - has kicked off a search for asset managers to lead its expansion into real estate and other...
View ArticleNewcore hits the acquisition trail after new fund launch
Newcore Capital Management has launched a £50m fund and made its first acquisitions for the new vehicle, which include a garden centre and a care home.
View ArticleDomestic buyers return to the investment market in Q1
UK institutions and REITs stepped up their investment activity in the first quarter of 2017 in a sign of their renewed confidence in the market’s health.
View ArticleHammerson buoyed by £360m debt deal
Hammerson has signed a £360m unsecured revolving credit facility with a syndicate of 14 lenders, including five Asian banks that had never previously lent to the company.
View ArticleGrosvenor warns outlook for global property values is weak
Grosvenor Group has forecast tougher times ahead for the global property market and “significantly weaker” returns this year for the company.
View ArticleUK banks regain market share after retreat
UK banks and building societies regained market share in 2016 after several years of retreat, according to the 2016 year-end De Montfort UK Commercial Property Lending Report.
View ArticlePGIM raises £1bn debt fund
PGIM Real Estate has raised by far its biggest real estate debt fund to date, securing commitments totalling over £1bn for PRECap VI.
View ArticleM&A returns to listed arena
M&A activity has returned to the listed property sector with announcements on successive days of the proposed takeovers of Market Tech and Kennedy Wilson Europe (KWE).
View ArticleWainbridge Capital fund focused on London pays out big return
Wainbridge Capital has realised its Wainbridge Global Opportunities London (WGOL) Fund, generating a bumper annual return of 20.7% for investors.
View ArticleLendInvest makes largest development loan
LendInvest has completed its largest-ever development finance package, worth £21m.
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