Unlisted UK property funds deliver £6.5bn NAV increase
The combined net asset value (NAV) of UK unlisted property funds leapt by £6.5bn in 2014.
View ArticleLandSecs valued at more than £10bn in post-recession high
Land Securities’ market valuation this week passed £10bn for the first time since early 2007 after it reported a substantial improvement in retail sales.
View ArticleREITs boosted by Europe’s €1.1trn quantitative easing package
The market value of REITs in the Eurozone jumped by €4bn (£3bn) last week after the European Central Bank’s €1.1trn quantitative easing (QE) package was unveiled.
View ArticleFirst-round bids due for two Irish loan portfolios
Two very granular Irish loan portfolios from Permanent TSB with a face value of about €1.5bn (£1.2bn) are going to first-round bids next week.
View ArticleRetail set for a strong 2015 in wake of global oil price drop
The lower price of oil is already having a positive effect on retail sales, with UK shops enjoying strong quarter.
View ArticleSurprise as InProp calls halt to commercial property fund
When InProp UK Commercial Property Fund, the UK’s only property derivatives fund, last week told investors their money would be returned and the fund was entering a period of dormancy, it caught many...
View ArticleSt Modwen boss warns of pre-election slowdown
St Modwen posted bumper 2014 results this week, with a 68% leap in pre-tax profit, but its boss has warned that uncertainty ahead of the election is already bringing planning departments to a halt.
View ArticleJLL steps up its acquisitions drive as annual profits soar
JLL has set itself a limitless budget for acquiring businesses in the next 12-18 months, chief executive Christian Ulbrich has told Property Week.
View ArticleAEW UK fund doubles in size after spate of acquisitions
AEW UK has more than doubled the size of its UK Core Property Fund over the past year following a spree of acquisitions towards the end of 2014.
View ArticleGlobal secondary market grows by a third in 2014
The size of the global real estate secondary market grew by almost 30% in 2014 to $4.8bn (£3.1bn), according to Landmark Partners.
View ArticleFalling margins may tempt non-bank lenders to market
The fall in real estate lending margins shows no sign of abating.
View ArticlePrime Dublin office rents to rise 20% as supply shortage worsens
Rents in the prime Dublin office market are predicted to rise by another 20% this year, having climbed 30% in 2014.
View ArticleReal estate returns slow but analysts say ‘not to worry’
Total returns from real estate slowed to 0.8% in January, their lowest level since July 2013, according to the IPD Monthly Property Index.
View ArticleHammerson hails ‘watershed’ moment for retail portfolio
There has been much debate over whether Hammerson chief executive David Atkins’ decision to exit the office market in 2012 was the right one because of the way the office market has boomed since.
View ArticleBPF urges Osborne to overhaul housing VAT
The British Property Federation (BPF) has called on George Osborne to tackle Britain’s housing crisis by overhauling VAT on residential property.
View ArticleBarwood seeks £50m for new regional fund
Barwood Capital is looking to raise £50m for a new five-year fund with £200m in investment firepower aimed at buying “underperforming” commercial property in the regions.
View ArticleSEGRO vacancies hit new low
SEGRO reported its lowest ever vacancy rate and its first dividend increase for three years in full-year results on Wednesday.
View ArticleTritax plans further fundraising to fuel £175m trio of deals
Tritax Big Box is considering a further equity raise to fund a trio of exclusive deals with a combined value of £175m.
View ArticleGreen REIT targets development
Green REIT is preparing to embark on a “new era” that will see it shift its focus from investment to development.
View ArticleGVA shrugs off worries over parent Bilfinger’s troubles
The tone and content of GVA’s full-year results on Monday was very different from that of its new owners, Bilfinger, just a fortnight ago.
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