Value of Asda’s real estate tumbles as firm posts £600m losses
Asda owner EG Group slumped to a near £600m loss last year as the value of supermarket group’s real estate portfolio tumbled. The post Value of Asda’s real estate tumbles as firm posts £600m losses appeared first on Property Week.
Reading retail and resi parade leads Acuitus’s July commercial auction
The star lot guided at £3.5m is one of a number of retail and residential parades in the 50-lot catalogue. The post Reading retail and resi parade leads Acuitus’s July commercial auction appeared first on Property Week.
Ace Student secures £37.6m Aldermore loan to refinance portfolio
The funds will help the South West-based PBSA operator and developer complete assets in five university towns. The post Ace Student secures £37.6m Aldermore loan to refinance portfolio appeared first on Property Week.
Pocket Living bags £24.5m loan for Harrow housing scheme
Future Growth Capital refinances 149-home north London development. The post Pocket Living bags £24.5m loan for Harrow housing scheme appeared first on Property Week.
Lloyds Living completes acquisition of 205 residential units
The operator will take on 108 homes from Northstone at its Keld scheme in Lancashire. The post Lloyds Living completes acquisition of 205 residential units appeared first on Property Week.
Harrison Street enters self-storage market with £150m roll-out plan
Chief executive Paul Bashir says the UK market has a promising outlook supported by resilient fundamentals and increasing liquidity. The post Harrison Street enters self-storage market with £150m roll-out plan appeared first on Property Week.
Anchor downgraded as it fails to meet RSH governance standards
The regulator said it found insufficient evidence the housing association had an appropriate, robust and prudent risk and control framework. The post Anchor downgraded as it fails to meet RSH governance standards appeared first on Property Week.
Industrious signs for over 25,000 sq ft at DWS’s West End office block
The building includes a 1,265 sq ft communal terrace and a 2,185 sq ft private terrace, as well as a 2,760 sq ft atrium business lounge. The post Industrious signs for over 25,000 sq ft at DWS’s West End office block appeared first on Property Week.
LaSalle IM plans 20-storey Barbican tower in City
The investment giant is seeking consent to build offices in the capital’s financial centre near the Barbican Arts Centre. The post LaSalle IM plans 20-storey Barbican tower in City appeared first on Property Week.
Homes England appoints chief investment officer from L&G
Simon Century will join the organisation as it establishes the new National Housing Bank. The post Homes England appoints chief investment officer from L&G appeared first on Property Week.