Q&A: Patron Capital on why it thinks UK pubs pack a Punch
Last week, Patron Capital completed its acquisition of Punch Taverns and struck a deal to sell 1,900 of the 3,200-pub portfolio to Heineken UK in what is believed to be its first major deal in the pub...
View ArticleChina Evergrande’s share values surge on back of strong results
China Evergrande’s share price surged by as much as 18.7% this week, after the Hong Kong-listed property developer revealed strong results for the first half of the year.
View ArticleLow LTVs make London worst borrowers' market in Europe
London is the least borrower-friendly location in Europe thanks to low loan-to-value (LTV) ratios for senior loans on prime offices, new CBRE research has revealed.
View ArticleZorin completes its largest-ever loan for London resi conversion
Zorin Finance has completed a loan of £36m to Sheen Lane Developments, its largest loan since it was founded in 2011.
View ArticleEmpiric lines up first revolving credit facility
Empiric Student Property has received credit approval from a major UK bank for its first revolving credit facility (RCF).
View ArticleAndy Hallett departs Metro Bank after less than a year in post
Metro Bank’s head of real estate finance Andy Hallett has left the challenger bank less than a year after joining from NatWest.
View ArticleShare sell-offs raise concerns for housebuilding sector outlook
Redrow shares slumped by 8.3% on Tuesday after the company’s chairman Steve Morgan sold a 7% stake in the company.
View ArticleNew proptech venture spawned out of M7 Real Estate
Software first developed by M7 Real Estate eight years ago to track market activity and manage portfolios has been launched commercially.
View ArticleSome long-income buyers 'loosening criteria'
Intense competition in the market for long-income property is fuelling high returns – but a leading investor has warned that it is also forcing some buyers to “loosen their criteria” in order to secure...
View ArticleIncome focus prompts top UK REITs to redeem bonds early
Investor focus on income is persuading the UK’s biggest REITs to redeem bonds early in order to lower their cost of debt and bolster earnings.
View ArticleChinese investment in Asia soars in second quarter
Chinese investors are switching their focus from western markets to Asia in response to their government’s restrictions on overseas investment.
View ArticleTelford Homes boss reveals financial drivers behind BTR push
Telford Homes chief executive Jon Di-Stefano has revealed details of the financial trade-off behind the AIM-listed London developer’s plan to deliver 50% of its £1.5bn pipeline as build-to-rent (BTR).
View ArticleAviva Investors offloads Tesco store as fund comes under new pressure
Aviva Investors has sold a Tesco superstore for £52m as its property fund for retail investors comes under renewed pressure to sell assets.
View ArticleEasyCoffee seeks funds to fuel plan to open 200 shops
EasyCoffee is raising fresh equity and debt to help fund its ambitious plan to open 200 shops over the next three years.
View ArticleMSCI exec director leaves firm
Malcolm Hunt, executive director and head of MSCI real estate client services for EMEA, is leaving the business, Property Week can reveal.
View ArticleTop investors warn of danger of repeating past mistakes
Ten years on from the global financial crisis, a group of the world’s biggest real estate investors has challenged the industry to learn the lessons of the past, as market dynamics create growing...
View ArticleBrickVest goes on hiring spree after fundraising
BrickVest is hiring up to 15 new employees and searching for larger offices following a £7m fundraising round led by German real estate lender Berlin Hyp earlier this month.
View ArticleNew debt platform looks to offer flexible financing deals
Three financiers including former co-head of Investec Specialist Private Bank, Paul Stevens, have launched a real estate finance business called ASK Partners.
View ArticleF&C UK Property Fund up by a third since EU referendum
F&C UK Property Fund is on an acquisition drive after experiencing inflows of more than £100m since the EU referendum, increasing the retail fund’s total value by a third to £416m.
View ArticleBooming long-income sector grows to £25bn
The UK’s long-income real estate sector is expanding at an exponential rate and is now worth £25bn, according to research by CBRE.
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