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Cluttons joins European Valuers’ Alliance

Mon, 19/03/2018 - 08:36

Cluttons, the international property consultancy, has joined the European Valuers’ Alliance, a network which combines the expertise of market-leading valuation companies across ten European countries. »

Berkeley Group to stick to business plan despite government plea for more new homes

Fri, 16/03/2018 - 13:25

UK housebuilder Berkeley Group has issued a cautious trading update for the four months to the end of February and says it will not be increasing production levels despite a recent plea from Prime Minister Theresa May for housebuilders to “do their duty to Britain” and build more homes. »

MAPFRE and Swiss Life to set up co-investment solution for prime French office locations

Fri, 16/03/2018 - 10:51

Swiss Life and MAPFRE are to establish a real estate vehicle to invest in the prime office locations of major French cities, which will be managed by Swiss Life Asset Managers, Real Estate France. »

CBRE Global Investors sells Sicilian shopping centre to CDS Holding

Fri, 16/03/2018 - 10:04

CBRE Global Investors has sold Galleria Commerciale Siracusa, the owner of a shopping centre in Sicily, completing the disposal strategy for its Southern European retail fund; CBRE Retail Property Partnership Southern Europe (RPPSE). »

Assetz Capital introduces new institutional line of funding

Fri, 16/03/2018 - 09:22

Assetz Capital has partnered with an institutional investor, part of a USD100 billion-plus global multi-asset manager, to provide a new line of funding which is dedicated to the residential property bridging, refurbishment and conversion markets. »

LendInvest returns to retail bond market with second proposed issue

Thu, 15/03/2018 - 16:28

LendInvest Limited, an online marketplace platform for property finance, has announced the proposed issue of sterling-denominated 5.375 per cent Fixed Rate Notes due October 2023 (the “Bonds” or “retail bond”) by its wholly-owned subsidiary, LendInvest Secured Income plc (the “Issuer”). »

Patrizia delivers ‘excellent’ performance across pan-European platform in 2017

Thu, 15/03/2018 - 10:32

Patrizia Immobilien has exceeded its earnings forecast for 2017, delivering double-digit growth in operating income, assets under management (AUM) and transaction volumes in a year which featured further focus on growing and broadening its pan-European platform. »

Canmoor acquires Westway Park in Glasgow

Thu, 15/03/2018 - 10:30

Canmoor has completed the acquisition of Scotland’s largest fully enclosed Industrial park for GBP40 million and plans to make a substantial investment to breathe new life into the area. »

Cording sells Manchester industrial estate to AEW for GBP6.3m

Thu, 15/03/2018 - 10:28

Cording Real Estate Group has sold Kayley Industrial Estate near Manchester to AEW UK Core Property Fund for GBP6.3 million, reflecting a net initial yield of 8.3 per cent.  »

Empiric Student Property appoints acting non-exec chairman

Thu, 15/03/2018 - 10:20

Empiric Student Property has appointed Stuart Beevor, non-executive director of the Company, as acting non-executive chairman, following the sudden death of the Rt Hon the Baroness Dean of Thornton-le-Fylde. »


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