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MGPA lets 151,547 sq ft in the year’s “most significant” South Wales deal
Posted on November 16th, 2009 No commentsMGPA has let 151,546 sq ft at Pencoed Technology Park near Bridgend to Invacare UK in one of the most significant deals in South Wales this year.
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Hammerson appoints Make to design new City scheme
Posted on November 16th, 2009 No commentsHammerson has selected architect Make to create a new scheme for its St Alphage House site in the City of London.
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Hammerson France chief resigns
Posted on November 16th, 2009 No commentsHammerson has lost the head of its French division.
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Alpha Real Capital launches £400m fund
Posted on November 16th, 2009 No commentsSir John Beckwith and Philip Rose’s Alpha Real Capital has launched a £400m UK property fund.
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Menno Maas to leave ING Real Estate Development
Posted on November 16th, 2009 No commentsMenno Maas has stepped down as CEO of ING Real Estate Development.
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European banks’ office take up down by 53% but London bounces back
Posted on November 16th, 2009 No commentsBanks’ take-up of office space in the Europe was down 53% during the last six months but the rate of decline in take up has slowed according to Cushman & Wakefield.
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PEPR fund to raise €61m equity
Posted on November 16th, 2009 No commentsProLogis European Properties (PEPR) is to raise €61m of equity to reduce its debt.
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Property groups to report gains in portfolios
Posted on November 16th, 2009 No commentsThe UK’s two largest property companies will this week report the first gains in the value of their portfolios since the start of the real-estate slump as investors look for confirmation of a nascent recovery.
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Invista in £60m capital raising
Posted on November 16th, 2009 No commentsInvista, a UK- and Luxembourg-listed trust that owns a €540m (£483m, $808m) European property portfolio, is to raise close to £60m to help pay down a large tranche of debt and extend facilities on more attractive terms.