Mailbox REIT becomes first company to have shares admitted to trading on new property focused stock exchange May 14, 2021 The Board of Mailbox REIT, a single asset REIT which owns the Mailbox, a large prime office-led mixed use property in Birmingham, is pleased to announce that dealings in its ordinary shares will commence at 0900 today on the International Property Securities Exchange (“IPSX”) under the ticker ‘MBOX’. Mailbox REIT will become the first company […] Posted by: Nathan Spencer Read more
LondonMetric Property continues growth with acquisition of three urban logistics warehouses May 14, 2021 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of three urban logistics warehouses in Croydon, Dunstable and Warrington for £18.7 million, reflecting a blended NIY of 4.3% and a reversionary yield of 5.3%. The warehouses have been acquired in separate transactions and have a WAULT of five years. In Croydon, a highly reversionary 28,000 sq ft […] Posted by: Nathan Spencer Read more
New board appointments at Homes for Scotland May 13, 2021 Homes for Scotland (HFS) has announced three new appointments to its Board following its Annual General Meeting last week. Those joining as company directors include: Beth McNeil – Regional Managing Director for Keepmoat Homes Fraser Conn – Managing Director for Bellway Homes West Scotland Fionna Kell – Director of Policy for Homes for Scotland Vice […] Posted by: Nathan Spencer Read more
GLA approve 1,200 apartment scheme as part of £1.5bn community development May 13, 2021 Redrow secures GLA approval for a further 1,200 new two- and three-bedroom apartments Sales success to date demonstrates demand for new homes in the area Colindale Gardens is a new £1.5 billion community in North West London Redrow has received approval from the Greater London Authority (GLA) for 1,200 new apartments at Colindale Gardens, Redrow’s […] Posted by: Nathan Spencer Read more
Patrizia makes new hires to grow its Real Estate Development team May 13, 2021 • Alastair Allan joins as Senior Associate and Tommy Village joins as an Analyst in the UK & Ireland Real Estate Development (RED) team.• Appointments further strengthen the RED team’s expertise in selecting development projects with strong potential and completing them to a world-class standard. Patrizia AG, a leading partner for global real assets, has […] Posted by: Nathan Spencer Read more
Atrato Group builds team to support renewable energy initiative May 13, 2021 Atrato Group, the alternative asset management and advisory group specialising in asset backed income strategies, announces the appointment of Gurpreet Gujral as Managing Director, Renewable Energy and Francisca Wiggins as Director, Renewable Energy. Atrato Group’s subsidiary Atrato Capital is the investment adviser to Supermarket Income REIT (“SUPR”), the owner of the largest portfolio of supermarket […] Posted by: Nathan Spencer Read more
33-storey tower, hotel and offices plans revealed for Leeds city centre site May 12, 2021 Plans to build high rise residential, offices and a hotel on the former site of Leeds International Pool are set to go before planning chiefs next week. A pre-application hearing will discuss the site, on which developers want to build two residential buildings, one student accommodation block and an “aparthotel”, complete with offices. Marrico Asset […] Posted by: Nathan Spencer Read more
Watkin Jones strength their senior team through new appointments May 11, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, with a focus on the build to rent (BtR), co-living and student accommodation (PBSA) sectors, is pleased to announce two appointments to its Executive team as the Group continues to build its breadth and depth of expertise. Kerry Watson joined as Group […] Posted by: Nathan Spencer Read more
Full steam ahead as £100m plans revealed for Darlington station redevelopment May 11, 2021 Tees Valley Mayor Ben Houchen has unveiled what a revitalised Darlington Station will look like once a major multi-million redevelopment is complete – meaning more frequent and better services across the region and beyond. The £100million scheme, which has been backed by the Tees Valley Mayor and Combined Authority with £25million, will see a raft […] Posted by: Nathan Spencer Read more
Patrizia Announce Solid Start to 2021 May 11, 2021 Operating income of EUR 26.5m in Q1 2021, an increase of 7.4% to Q1 2020 Continued growth in management fees to EUR 50.9m, up 5.8% y-o-y Transaction volume signed for global clients increased 16.0% y-o-y to EUR 1.0bn in Q1 2021 Guidance for FY 2021 confirmed, share buy-back programme of up to EUR 50.0m Advanced […] Posted by: Nathan Spencer Read more
