Great Portland Estates readies largest ever development push
Great Portland Estates has upped its rental growth forecasts as it embarks on a 1.2m sq ft development programme that it hailed as “the largest we have ever undertaken”.
View ArticleMayfair builds £140m portfolio for Jupiter star
Mayfair Capital has amassed a £140m portfolio for a new fund set up to make the first commercial property investments for Jupiter’s leading fund manager John Chatfield-Roberts in over a decade.
View ArticleDebt market in rude health but showing worrying symptoms
On almost every measure, the health of the property debt market took a transformational step forward in 2014.
View ArticleRob Noel defends his conservative stance
Robert Noel, chief executive of Land Securities, has hit back at critics who have accused the UK’s biggest commercial property company of being too conservative.
View ArticleUrban & Civic ‘extremely early cycle’, says Hugill
One year after the reverse takeover of Terrace Hill, Urban & Civic executive chairman Nigel Hugill has described the company’s position as “extremely early cycle”.
View ArticleLondon rental growth bodes well for spec developments
The boom in London rents is the standout story from the slew of results posted by the leading listed property companies in the past two weeks.
View ArticleCaridon wins backing for £600m portfolio drive
Social-housing specialist Caridon is looking to amass a portfolio worth more than £600m on the back of a finance deal with RoundShield Partners.
View ArticleLondonMetric ups development pipeline by 1m sq ft
LondonMetric has added another 1m sq ft to its development pipeline as it looks to ramp up its exposure to distribution.
View Article46 lenders join debt market over year, says Savills
Some 46 lenders have entered the property debt market over the past year bringing the total number of new players to 150 in three years, according to Savills.
View ArticleColliers in ‘positive’ start as separate company
Colliers International finished its first day of trading following its split from FirstService this week on a market capitalisation of just under £1bn.
View ArticleElection result sends hedge funds packing
Hedge funds that built up bets against companies with high exposure to the London housing market have retreated following the Conservatives’ surprise election win.
View ArticleNick Leslau looks to the future after Madame Tussauds sale
The marketing of Madame Tussauds - sold last week by Nick Leslau’s Secure Income REIT to Fubon Life for £330m - was almost as unique as the property itself.
View ArticleEdiston’s EPIC outlines plans for major equity raise
Ediston Property Investment Company (EPIC) is seeking shareholder approval to raise more than £150m over the coming year.
View ArticleArenson eyes London listing for new vehicle Stenprop
Stenprop hit the headlines last month with its £75m acquisition of 25 Argyll Street, Spotify’s London headquarters, and its €22.7m (£16.6m) acquisition of Hermann Quartier, a Berlin-based shopping centre.
View ArticleSchroders wins $1bn mandate from China
Schroders has won a segregated mandate to invest up to $1bn (£645m) in European real estate on behalf of a major Chinese institution.
View ArticleElection good for commercial property values
Commercial property values have bounced in the month following the general election.
View ArticleGatehouse Bank primed for major push into world of PRS
Expansion and diversification are the two words that crop up most in conversation with David Swan, Gatehouse Bank’s new head of real estate investment.
View ArticleNationwide set to up commercial lending
Nationwide is looking to ramp up its lending to the commercial property market this year.
View ArticleBritish Land chief exec enjoys 25% pay boost
The total pay package of British Land’s chief executive Chris Grigg has jumped by a quarter to £6.76m, the firm’s annual report has revealed.
View ArticleWhittaker’s shopping spree takes his stake in Intu over £1bn mark
John Whittaker’s shareholding in Intu has passed the £1bn mark after the property billionaire bought £80m of shares in the past fortnight.
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