Derwent London agrees disposal of Tottenham Court Road asset
Derwent London plc has exchanged contracts for the disposal of 80–85 Tottenham Court Road, W1, for £32.6 million before costs, reflecting a capital value...
German asset manager buys office property in Dublin
German investment and asset manager KGAL has acquired an additional office property, 2 Burlington Road, in the embassy quarter of Dublin for a pan-European...
Lloyds provides £200m facility to SNG to support ssocial housing delivery
Lloyds Banking Group has agreed a £200 million revolving credit facility (RCF) with Sovereign Network Group (SNG), strengthening its backing of the UK social...
CLS buys three office properties from Aviva Investors in UK
CLS Holdings announced it has agreed to acquire three office properties in Greater London and the South East from Aviva Investors for £59.71 million.
The...
PBSA remains top choice for European investors, Savills survey finds
Purpose-Built Student Accommodation (PBSA) continues to dominate investor interest in Operational Real Estate (OpRE) across Europe, according to the fourth annual investor survey conducted...
Deutsche Finance International appoints new CFO
Deutsche Finance International (DFI) has appointed Ben McComb as Chief Financial Officer (CFO).
In a career spanning more than 22 years, McComb has spent the...
UK Government proposes seven new towns in major housing push
The UK government has unveiled plans for seven new towns as part of the country’s most ambitious housebuilding programme in over 50 years, aiming...
RDI CEO Mike Watters to step down, Stephen Oakenfull appointed as his successor
RDI REIT has announced that Mike Watters will be retiring from RDI and stepping down as an Executive Director and CEO during December 2020....
Custodian flags high occupancy, rental uplift at Grove Court portfolio
Custodian Property Income REIT plc said its recently acquired £35.9 million Grove Court portfolio has performed in line with expectations, supported by strong occupancy...
Investec provides £8.5m loan for Grade-A Guildford office
Investec’s Structured Property Finance(Investec) has agreed to provide a joint venture between established real estate firms Beltane Asset Management and Chenavari with an £8.5...
AI occupiers to drive up to 4m sq ft of London office take-up by...
London’s office market could absorb up to 4 million sq ft of AI-led take-up by 2033, according to new research from CBRE, underlining the...
Covid vaccine injects confidence into London office market
London office market is benefitting from a sharp rebound in activity during the final quarter of 2020 with pent up investor demand released as...
