Property Week News Feed

Property Week News Feed
Updated: 52 min 28 sec ago

Profit and revenue dips as Persimmon focuses on customer service improvements

1 hour 10 min ago
Housebuilder Persimmon has posted a fall in profit in the first half of the year as it focuses on improving customer service after a raft of complaints about the quality of its homes.
Categories: Property

Empiric’s student digs break through £1bn valuation barrier

1 hour 29 min ago
Empiric Student Property’s portfolio has broken the £1bn valuation barrier as it posted improved figures across the board in its results for the six months to the end of June.
Categories: Property

RDI completes serviced office refinancing

1 hour 43 min ago
RDI REIT has completed the second and final stage of its £75m London serviced office portfolio refinancing.
Categories: Property

Aviva Investors lends DWS £236m for Vita Student portfolio

Mon, 08/19/2019 - 18:20
Aviva Investors partially financed DWS’s £600m acquisition of a portfolio of Vita Group’s student accommodation assets around the UK, the investor has announced.
Categories: Property

Hong Kong developer agrees to buy Greene King

Mon, 08/19/2019 - 17:50
CK Asset Holdings, the Hong Kong-based property developer that bought 5 Broadgate for £1bn last year, has agreed to buy pub group Greene King in a £2.7bn deal.
Categories: Property

Uber on lookout for new London office

Mon, 08/19/2019 - 15:01
Uber has appointed agents to help it find a new office in London.
Categories: Property

​Basingstoke retail park sold for £21m

Mon, 08/19/2019 - 14:27
Corum Asset Management has bought Gastons Wood Retail Park in Basingstoke from Aberdeen Standard Investments for £20.7m.
Categories: Property

Plans submitted for 3m sq ft Jaguar Land Rover campus

Mon, 08/19/2019 - 14:21
IM Properties has submitted plans for a 3m sq ft campus for Jaguar Land Rover in North West Leicestershire.
Categories: Property

Green light for Edinburgh hotel plans

Mon, 08/19/2019 - 14:01
York-based developer S Harrison has secured planning permission for a 157-bedroom hotel to the west of Edinburgh city centre.
Categories: Property

​Cazoo takes space on Chalton Street

Mon, 08/19/2019 - 13:58
Tech start-up Cazoo has taken a five-year lease with The Boutique Workplace Company at a 17,500 sq ft  building on Chalton Street in London’s Euston.
Categories: Property

​Knight Frank predicts Edinburgh office shortage

Mon, 08/19/2019 - 13:55
Edinburgh’s growing popularity as a tourist destination is creating a looming shortfall of office space in the city, according to Knight Frank.
Categories: Property

​Curlew Capital acquires Stratford student property

Mon, 08/19/2019 - 13:52
Apeiron Capital has sold a 100-bed student accommodation property and a neighbouring vacant development site in Stratford to Curlew Capital and CBRE Global Investment Partners.
Categories: Property

​Oxford Properties Group conducts management shake-up

Mon, 08/19/2019 - 13:46
Oxford Properties Group has appointed Dean Hopkins as chief operations officer amid a series of senior management personnel changes.
Categories: Property

Enfield becomes first council to receive Housing Infrastructure Fund grant

Mon, 08/19/2019 - 11:11
Enfield has become the first London borough to receive money from the government’s Housing Infrastructure Fund (HIF).
Categories: Property

Javid rules out plan to shift stamp duty burden onto sellers

Mon, 08/19/2019 - 09:27
The chancellor Sajid Javid has denied reports that he is considering shifting the burden of stamp duty onto sellers.
Categories: Property

Safestore joins forces with Carlyle for Dutch JV

Mon, 08/19/2019 - 08:23
Safestore and Carlyle European Real Estate Fund have formed a joint venture to acquire M3 Self Storage, an operator of six storage locations in Amsterdam and Haarlem in the Netherlands.
Categories: Property

LondonMetric buys M62 distribution warehouse

Mon, 08/19/2019 - 07:24
LondonMetric has agreed to purchase and fund a new 232,000 sq ft distribution warehouse for £24m, reflecting a yield on cost of 5.2%.
Categories: Property

Angelo Gordon pulls in $175m for new European fund

Fri, 08/16/2019 - 12:35
Angelo Gordon has been backed by two US pension funds for its latest European fund, for which it intends to raise a total $1.2bn (£1bn) of capital.
Categories: Property

ICO investigates Argent’s facial recognition technology at Kings Cross

Fri, 08/16/2019 - 12:23
Facial recognition technology used at Argent’s Kings Cross development is to be investigated by the Information Commissioner’s Office to ensure it is being used lawfully by the developer.
Categories: Property

Crowngold Estates sells River Crescent in Nottingham

Fri, 08/16/2019 - 12:16
Crowngold Estates has sold a Nottingham residential scheme for around £22m.
Categories: Property