Property Week News Feed

Property Week News Feed
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Updated: 7 min 6 sec ago

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

Councils ‘do not have time’ to enforce MEES

Fri, 08/16/2019 - 00:00
London Trading Standards director says resource issue is to blame for lack of fines
Categories: Property

Performance of retail-focused funds nosedives in first half

Fri, 08/16/2019 - 00:00
The worst performer was British Land’s Hercules Unit Trust, which delivered a total return of -12.4%
Categories: Property

Sophie Meeson to take over the role of FD at The Portman Estate

Fri, 08/16/2019 - 00:00
Sophie Meeson has been promoted to finance director at The Portman Estate and been given a seat on the board.
Categories: Property

Canadian retirement living giant Amica poised to enter UK market

Fri, 08/16/2019 - 00:00
Canadian retirement living giant Amica Senior Lifestyles is working up plans to enter the UK market. Amica is understood to be planning to replicate its high-end rental model in the London market, where it has been looking for sites.
Categories: Property

Bricks-and-mortar stores have ‘halo effect’ on online sales

Fri, 08/16/2019 - 00:00
Bricks-and-mortar stores are having a ‘halo effect’ on online sales, in some instances more than doubling the online sales achieved in areas lacking a physical store, new research from CACI reveals.
Categories: Property

Auction House achieves its largest-ever July sales figure

Fri, 08/16/2019 - 00:00
Franchise raises £51.8m from sale of 458 lots, taking total of lots sold to 2,195 – 8% more than last year
Categories: Property

Sports Direct announces closure of eight Jack Wills stores

Thu, 08/15/2019 - 16:16
Following its acquisition of Jack Wills, Sports Direct has announced the closure of eight of its 98 UK stores.
Categories: Property

Flatfair raises $11m to expand its deposit-free renting platform

Thu, 08/15/2019 - 12:37
Flatfair has raised $11m (£9.1m) in a funding round led by index venture for its platform that allows tenants to rent a home without placing a deposit.
Categories: Property

Gazeley announces 146,000 sq ft development at G-Park Biggleswade

Thu, 08/15/2019 - 12:34
Gazeley has announced the development of two logistics warehouses at its G-Park Biggleswade site in Bedfordshire.
Categories: Property

WeWork reveals full scale of ambitions in IPO prospectus

Thu, 08/15/2019 - 07:52
The We Company revealed the full scale of its global ambitions for WeWork in a prospectus filed on Wednesday ahead of its planned initial public offering (IPO).
Categories: Property

Urban Exposure hires former Lloyds banker in senior role

Thu, 08/15/2019 - 07:37
Urban Exposure has hired Graeme Alfille-Cook, the former head of the developers team at Lloyds Bank, as chief strategy officer.
Categories: Property

Cushman & Wakefield reports 23% capital markets drop off in Q2

Thu, 08/15/2019 - 06:40
Commercial real estate activity in the UK slumped 23% year on year in the second quarter of 2019, according to Cushman & Wakefield’s latest capital markets briefing.
Categories: Property

Equiem taps into £7m funding for tenant app

Thu, 08/15/2019 - 06:00
Tenant experience app Equiem has raised £7m from investors in its latest funding round, taking the total invested in the company to more than £17m to date.
Categories: Property

Simon Bland latest big name to leave BNP Paribas Real Estate

Thu, 08/15/2019 - 00:00
Former Strutt & Parker head of national markets is moving after 38 years as an investment agent
Categories: Property

New housing minister McVey to address RESI

Thu, 08/15/2019 - 00:00
Property Week is delighted to announce that new housing minister Esther McVey will deliver her first official address to the housing sector at the RESI Convention next month.
Categories: Property

Harman Healy’s August auction tops July’s but fails to match last year’s

Thu, 08/15/2019 - 00:00
Harman Healy raised £2.6m at its latest auction last week – 73% more than the £1.5m it raised at its auction in July.
Categories: Property

​Mayfield Partnership scales up phase one ambitions for Manchester development

Wed, 08/14/2019 - 17:06
The Mayfield Partnership is to develop a 220,000 sq ft office building as part of the first phase of its £1.4bn Mayfield development in Manchester city centre.
Categories: Property

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