House and money

easyProperty launches crowd funding platform on Crowdcube

easyProperty, a new online estate agent from easyJet founder Sir Stelios Haji-Ioannou and property entrepreneur Rob Ellice, will be giving landlords the chance to invest via the crowd funding platform Crowdcube. »


UK flag

UK shopping centre development to surge in 2017

The UK shopping centre development market remains subdued in the short-term but a surge of activity is expected in 2017, according to research by Cushman & Wakefield. »


Manchester

Harewood Associates completes first 'Share Deal' residential development

A property investment company from Greater Manchester has completed its first ‘Share Deal’ residential development, earning investors a 29.2 per cent yield in less than 12 months. »


Dollars

Independence Realty Trust acquires two apartment communities for USD52.2m

Independence Realty Trust (IRT) has acquired two apartment communities for USD52.2 million. »


Risk

Hiscox launches Private Investment Fund Portfolio

Specialist insurer Hiscox has launched the Private Investment Fund Portfolio, providing protection for many types of asset management firms. »


Germany flag

DeAWM launches open ended real estate fund

Deutsche Asset & Wealth Management’s real estate investment business has launched a new open ended real estate fund, grundbesitz Fokus Deutschland. »


Poland

WP Carey completes sale-leaseback with Nokia in Poland on behalf of CPA:17 – Global

CPA:17 – Global, one of WP Carey’s managed non-traded REITs, has completed a sale-leaseback with Nokia Solutions and Networks (NSN), a subsidiary of Nokia Corporation. »


British pounds

Aviva Investors secures GBP35m investment from Cumbria County Council

The Cumbria Local Government Pension Scheme (LGPS) has invested GBP35 million in the Aviva Investors Lime Property Fund as part of its defensive strategy. »


Petrol pump

RO acquires Salisbury service station

RO Real Estate, the UK commercial property investment and development company, has completed the acquisition of Westacre Service Station in Salisbury, Wiltshire for GBP1.9 million from Aureus Property Limited. »


Hotel

St James’s Hotels buys Falcon Hotel in Stratford-upon-Avon

St James’s Hotel Group, a wholly owned subsidiary of the Somerston Group, has acquired The Legacy Falcon Hotel in Stratford-upon-Avon from the administrators of Noblelarge Limited, Grant Thornton. »


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