Property Week News Feed

Property Week News Feed
Updated: 2 hours 1 min ago

REI swings back into half-year profit, but revenue dips

Tue, 09/21/2021 - 08:51
Real Estate Investors (REI), the Birmingham-based REIT, has seen pre-tax profits rise to £9m for the six months ending June 30, reversing a loss of £3.8m a year earlier.
Categories: Property

Investec appoints new Channel Islands chief

Tue, 09/21/2021 - 08:48
Investec has appointed Jane Niles as head of real estate offshore within its corporate and family Office Team in the Channel Islands.
Categories: Property

​Goya acquires Tottenham site for £90m scheme

Tue, 09/21/2021 - 02:59
Goya Developments has snapped up a four-acre site on Bull Lane in Tottenham for a logistics scheme with a GDV of £90m.
Categories: Property

Value of global commercial real estate drops 5%

Tue, 09/21/2021 - 02:12
The value of the world’s commercial real estate assets dropped 5% in 2020 to £23.65bn ($32.6tn).
Categories: Property

Fabrix hires three development advisers

Tue, 09/21/2021 - 01:01
Investor/developer Fabrix has hired Megan Sodzawiczny and Bronwyn Jones as development managers and Francisca Hamilton as a development assistant, Property Week can reveal.
Categories: Property

Fabrix adds three new hires

Tue, 09/21/2021 - 01:01
Manchester-based investor and developer Fabrix has hired two development managers and a development assistant, Property Week can reveal.
Categories: Property

Auction House London raises £24.9m at back-to-school sale

Mon, 09/20/2021 - 17:30
Auction House London has sold 76% of its 142-lot catalogue at its 14 September sale.
Categories: Property

WPP lets 60,000 sq ft Paddington office to Future Publishing

Mon, 09/20/2021 - 17:27
WPP has let 60,000 sq ft at 121-141 Westbourne Terrace, in Paddington, to Future Publishing, publisher of magazines such as Horse & Hound and MacLife.
Categories: Property

Urban Village Group launches later living division

Mon, 09/20/2021 - 16:56
Birmingham-based developer Urban Village Group has made a number of senior hires to lead its push into the later living sector.
Categories: Property

St Modwen Logistics appoints new director

Mon, 09/20/2021 - 16:30
St Modwen Logistics has appointed Mike Roberts as portfolio management and investment director.
Categories: Property

Capreon appoints George Minns as managing director

Mon, 09/20/2021 - 16:26
Capreon, the real estate investment and advisory arm of the Noé Group, has appointed George Minns as managing director.
Categories: Property

Farmer J to open fifth outlet in West End

Mon, 09/20/2021 - 14:07
Health-conscious fast-food chain Farmer J has taken a 2,300 sq ft unit at 319 Regent Street, one of the former sites of the collapsed EAT chain, Property Week can reveal.
Categories: Property

Aviva enters long-term partnership with Netflix at Surrey studios

Mon, 09/20/2021 - 11:13
Aviva Investors has entered a long-term agreement with streaming giant Netflix to operate and expand its film and production facility at the Longcross Studios complex in Surrey.
Categories: Property

Hollywood Bowl signs Birmingham NEC deal

Mon, 09/20/2021 - 11:03
The UK’s largest ten pin bowling operator has signed a 15-year lease for 26,000 sq ft at the NEC in Birmingham.
Categories: Property

Hines forward funds East Midlands logistics scheme

Mon, 09/20/2021 - 09:58
Hines and its investment partner have agreed to forward fund a 772,000 sq ft speculative logistics development at four business parks across the East Midlands.
Categories: Property

PRS REIT closes in on portfolio target

Mon, 09/20/2021 - 08:56
PRS REIT made a significant stride towards its target of creating a portfolio of 5,200 rental homes in the 12 months to the end of June, as it added 243 new homes during the year.
Categories: Property

Tritax EuroBox raises £213m from share placing

Mon, 09/20/2021 - 08:51
European logistic group Tritax EuroBox has exceeded its £170m target for its latest share placing, raising £213m from investors.
Categories: Property

Supermarket Income REIT checks out with six supermarkets

Mon, 09/20/2021 - 08:46
Supermarket Income REIT paid £113m for of six supermarkets across the north of England.
Categories: Property

Taylor Wimpey’s Gore jumps ship to Weston Homes

Mon, 09/20/2021 - 08:38
Weston Homes has poached Taylor Wimpey managing director Peter Gore to become it new group operations director.
Categories: Property

Leicester office building secures lettings brace

Mon, 09/20/2021 - 02:39
Custodian REIT has secured a brace of lettings at Gateway House on Grove Park Leicester.
Categories: Property