Property Week News Feed

Property Week News Feed
Updated: 55 min 49 sec ago

Hyatt signs first Irish hotel

2 hours 20 min ago
Hyatt Hotel Corporation has signed its first property in Ireland – a hotel under the Hyatt Centric brand in the Liberties district of Dublin.
Categories: Property

Bovis shareholders narrowly approve director remuneration package at AGM

Wed, 05/23/2018 - 18:35
Bovis Home has faced down a shareholder revolt at its AGM as the housebuilder narrowly passed its director remuneration package by less than two-thirds of the vote.
Categories: Property

Plans unveiled for Europe's tallest observation wheel in Newcastle

Wed, 05/23/2018 - 18:23
Developers the World Wheel Company have outlined plans to build Europe’s tallest observation wheel on Newcastle Quayside as part of a £100m project.
Categories: Property

Belong launches retail charity bond

Wed, 05/23/2018 - 17:41
Charity Belong has launched its first-ever retail charity bond, set to mature in 2026 and offering an annual interest rate of 4.5%.
Categories: Property

Watkin Jones exploring launch of new funding vehicle

Wed, 05/23/2018 - 16:22
Construction and development company Watkin Jones is looking at launching a new investment vehicle to focus on build-to-rent developments.
Categories: Property

Quintain secures 13,000 sq ft auditorium for Wembley Park

Wed, 05/23/2018 - 14:04
Wembley Park developer Quintain has teamed up with Troubadour Theatres to create a new 13,000 sq ft theatre venue being built on the site of the former Fountain Studios.
Categories: Property

Ediston posts positive portfolio growth in half-year results

Wed, 05/23/2018 - 14:01
Ediston Property Investment Company has reported a 3.5% growth in its portfolio value on a like for like basis in its half-year results to 31 March, but saw share price total return fall 2.9%.
Categories: Property

MBO sees directors relaunch Quartermile Developments

Wed, 05/23/2018 - 13:58
Two directors of Quartermile Developments have completed a management buyout of the Edinburgh-based developers and planned to take the new company nationwide.
Categories: Property

Redevco secures Gingerman as first tenant in new Brighton Lane

Wed, 05/23/2018 - 13:42
Retail real estate investment manager Redevco has signed Brighton and Hove’s Gingerman Restaurant Group to open a new restaurant in its refurbished Hanningtons Estate.
Categories: Property

Patrizia purchases Berlin's Forum for €100m

Wed, 05/23/2018 - 13:19
Peakside Capita has sold its Berlin-based mixed-use asset The Forum Landsberger Allee to Patrizia Immobilien for €100m (£88m).
Categories: Property

High Court issues judgement on London Mayor's affordable housing battle with retirement developers

Wed, 05/23/2018 - 13:11
The Mayor of London’s Office has welcomed a judgement handed down by the High Court that backed Sadiq Khan’s ‘threshold’ approach to affordable housing.
Categories: Property

High Court backs Khan in affordable housing battle with retirement developers

Wed, 05/23/2018 - 13:11
The Mayor of London’s Office has welcomed a judgment handed down by the High Court that has backed Sadiq Khan’s ‘threshold’ approach to affordable housing.
Categories: Property

Schroder REIT secures Recyling Tech for Stirling Court at Swindon premium

Wed, 05/23/2018 - 10:39
SREIT has let a warehouse unit to Recycling Technologies at Stirling Court at a rate 23% above previous lets in Swindon.
Categories: Property

Supermarket REIT hits target in £65m share issue

Wed, 05/23/2018 - 09:03
Supermarket Income REIT has hit its target to raise £65m from an oversubscribed share issue.
Categories: Property

Assura posts rise in NAV, but profit falls

Wed, 05/23/2018 - 08:51
Assura, the primary care property investor and developer, has revealed a 6.3% rise in net asset value (NAV), but pre-tax profit slumped almost 25% by the end of its financial year.
Categories: Property

Warehouse REIT and Shaftesbury rise on results announcements

Wed, 05/23/2018 - 08:24
Warehouse REIT rose 0.99% on the FTSE 250 on Tuesday to 102p after the REIT released its maiden results, reporting a net asset value per share of 102.1p alongside a net initial yield of 6.2%.
Categories: Property

GPE backs away from acquisitions during ‘economic uncertainty’

Wed, 05/23/2018 - 08:20
The boss of GPE has said the group is expecting a softening in market rents and some secondary asset yields, and is not in the market to buy new assets as Brexit and uncertainty around the UK economy impacts the property market.
Categories: Property

Inspired and Equinox complete £13m Luton PDR purchase

Tue, 05/22/2018 - 18:17
The joint venture between Inspired Asset Management and Equinox Living has completed the purchase of its second seed asset, the £13m Maxet House in Luton.
Categories: Property

YPG secures funding for Liverpool resi development

Tue, 05/22/2018 - 17:43
Liverpool based YPG Developments has secured a £18m financing package from the Bank of London and The Middle East for its Kings Dock Mill residential scheme in the city.
Categories: Property

Conygar records NAV fall on Welsh retail park mothball

Tue, 05/22/2018 - 13:47
The Conygar Investment Company has reported a 2.3% fall in net asset value (NAV) to 198.3p alongside a £4.3m loss in its half-year results to 31 March.
Categories: Property