Guy Brocklehurst has joined London-based Leumi UK as a Relationship Manager in its growing Property Finance team.
Kuwaiti owned Jade Merchant Bank (JMB) has acquired the GBP29 million BAE Systems office and R&D complex in Christchurch, Dorset.
With a global average growth rate of 25 per cent since 2014, the flexible space sector has become a key component of the office market in many cities. However, Q4 2019 saw reduction on leasing activity, and this downward trend has further intensified as the global pandemic worsened.
Tritax Big Box REIT has priced GBP250 million of unsecured green bonds maturing on 27 November 2033 (the 2033 Notes) under the Company’s GBP1.5 billion Euro Medium Term Note Programme (the EMTN Programme).
Real estate developer, Strawberry Star, has promoted Steven Beveridge to CEO, as the international property group expands its offer in the UK real estate industry.
Stoneweg, a real estate investment adviser and asset manager with operations and capabilities across Europe and the United States, has acquired a 688-unit residential asset in the Metropolitan Area (MSA) of Tampa-St Petersburg in Florida, USA, for USD114 million in a joint venture with Hartford Investment Management Company (HIMCO), an institutional investor in the market.
Palmira Capital Partners (Palmira), a specialist in European logistics and industrial properties, has launched the “Palmira European Core Logistics Fund”.
UK buy-to-let lender Landbay has achieved 5,520 per cent growth in revenue from 2016 to 2020, lending over GBP0.6 billion during that period.
The UK care home sector has adapted immensely well to the challenges posed by Covid-19, resulting in a resilient trading performance, despite the continued challenges around staffing, according to the latest UK Care Homes Trading Performance Review 2020 by leading global property adviser Knight Frank.
Helical has exchanged contracts on the sale of The Powerhouse Portfolio, comprising three Manchester office assets, to real estate funds managed by Pictet Alternative Advisors, SA and XLB Property Limited, for a gross sale price of GBP119 million.