PRS REIT profits dip ahead of takeover by Waypoint
The REIT reported an 18% dip in profits before tax to £77m in the year to the end of June, but revenue rose 14%. The post PRS REIT profits dip…
LondonMetric reports shedding almost 10% of assets acquired in £1.9bn LXi deal
The REIT said 63 non-core assets acquired from LXi last year have now been sold for a total of £273m. The post LondonMetric reports shedding almost 10% of assets acquired…
LondonMetric investment director Beresford to retire
Will Evers will become sole head of investment. He has been joint head of investment with Beresford since 2024. The post LondonMetric investment director Beresford to retire appeared first on…
Avant Homes lodges plans for £37m Barnsley development
The scheme will comprise one, two-, three-, four- and five-bedroom properties. This will include 14 of the housebuilder’s energy-efficient house types. The post Avant Homes lodges plans for £37m Barnsley…
JMW signs for three floors of Manchester’s 125 Deansgate
Law firm JMW has signed a deal with landlords Worthington Mancap LLP to take three floors of grade A Manchester office building 125 Deansgate. The post JMW signs for three…
Allison Homes secures loan for £165m Bristol resi scheme
The Long Ashton site has outline planning consent for around 500 homes, including affordable units. The post Allison Homes secures loan for £165m Bristol resi scheme appeared first on Property…
Federated Hermes secures £376m Milton Park financing
The transaction represents one of the largest single-asset financings in the UK outside London, according to the investment manager. The post Federated Hermes secures £376m Milton Park financing appeared first…
Government unveils proposals to speed up housebuying process
Under the plans, sellers and estate agents will be required to provide buyers with "vital" information about a property upfront. The post Government unveils proposals to speed up housebuying process…
Labour mulls exempting supermarkets from business rate hikes
The chancellor could spare the grocery retail sector from paying increased rates on properties with a rateable value of more than £500,000. The post Labour mulls exempting supermarkets from business…
Housebuying shake-up plans raise ‘risk of liability’, legal experts warn
Experts have warned against rushing introduction of the measures, which would require sellers and agents to provide buyers with “vital” information about a property upfront. The post Housebuying shake-up plans…