Warehouse REIT accepts Blackstone’s lower £470m takeover bid
The UK REIT’s board has agreed terms with the US investor on a 110.6p-per-share offer totalling £470m. The post Warehouse REIT accepts Blackstone’s lower £470m takeover bid appeared first on…
Platform profits up 44% despite contractor insolvency delaying schemes
The housing association also reported an 11% rise in turnover in the year to the end of March. The post Platform profits up 44% despite contractor insolvency delaying schemes appeared…
Creative agency TGG takes HQ space at Altrincham’s Foundation
Altrincham firm takes third floor in Bruntwood and Trafford Council's redevelopment of Rackhams department store. The post Creative agency TGG takes HQ space at Altrincham’s Foundation appeared first on Property…
Dalata Hotel Group rejects €1.3bn Scandinavian takeover bid
Irish group has rejected bid from Pandox and Eiendomsspar but is talking to other parties about a sale of the company. The post Dalata Hotel Group rejects €1.3bn Scandinavian takeover…
Douglas Elliman and Knight Frank end 15-year partnership
Termination of alliance is confirmed as US residential agency prepares to launch its own international operation. The post Douglas Elliman and Knight Frank end 15-year partnership appeared first on Property…
Metrocentre reports rental income ahead of expectations in Q1
Footfall grew 5.5% year on year, continuing the centre's post-pandemic revival. The post Metrocentre reports rental income ahead of expectations in Q1 appeared first on Property Week. Please visit: Our…
Hammerson chief Rita-Rose Gagné to step down next year
CEO credited with turning around the company will leave next summer after five years with the prime retail and leisure operator. The post Hammerson chief Rita-Rose Gagné to step down…
Del Beato to step down as Frasers Property UK CEO
She will transition into an advisory position, as she looks to "pursue other interests". The post Del Beato to step down as Frasers Property UK CEO appeared first on Property…
Hargreaves Land markets 1m sq ft Scunthorpe employment site
Forge Point, a 77-acre Lincolnshire site near junction 3 of the M180, forms part of a strategic mixed-use area set out in the Lincolnshire Lakes Area Action Plan. The post…
MJ Gleeson predicts profits will drop by up to 20% amid housebuilding market struggles
The company has warned that the pace of housing market recovery has “not been sufficient to offset the cumulative impact” on its housebuilding arm. The post MJ Gleeson predicts profits…