The UK’s ability to support tens of millions of elderly people in terms of their care or accommodation needs will be close to collapse by 2029 unless the government takes decisive action, a new report warns.
Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V (Orion) for a headline price of GBP400 million with expected net proceeds of GBP395 million.
Central London investment totalled GBP607.1m in January 2020, a 138.5 per cent increase compared with January 2019, indicating continued positive momentum from December and heightened investor confidence, according to international real estate adviser Savills.
Property investors should de-risk their office strategies to core locations and ESG-compliant assets in order to position themselves for an economic recession, according to UBS-AM Real Estate & Private Markets.
Despite a challenging year, investment turnover in London’s commercial property market recovered during the final quarter of 2019, with preliminary numbers showing a 15 per cent rise on Q3, to almost GBP2.8 billion, according to global property agent, Knight Frank.
Private equity is expected to be the leading source of capital for high-yield investments in 2020, with non-central business district offices topping their buying lists, according to a study by Cushman & Wakefield.
Rapid growth in Edinburgh’s technology sector is increasing demand for high quality yet flexible office space in the Scottish capital, a report by Knight Frank reveals.
Property investor Patron Capital has launched the world’s first “gender-lens” property fund to support women who are experiencing or are at risk of homelessness.