Bridget O’Connell
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Berkeley to beat 2007 completions
Berkeley Group expects to complete around 30% more homes this year than at the peak of the market in 2007…
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McKay in £4.4m Leatherhead buy
McKay Securities has made its first acquisition following its £87m share placing last month.
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Redefine adds Nackan to its board
UK REIT Redefine International has announced the appointment of Bernard Nackan to its board as a non-executive director with effect from 1 April 2014
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CapCo’s £665m Covent Garden loan completes
Capital & Counties Properties has confirmed that a new £665m unsecured debt facility for its Covent Garden portfolio has completed.
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CLS progresses £10m share buy-back
CLS Holdings has announced terms of its proposed £10m share buy-back…
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IVG chief executive steps down
IVG’s chief executive, Wolfgang Schäfers, has resigned from the German business, effective today…
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IPD: values up 0.6%
Commercial property values in the UK rose by a further 0.6% in February, continuing the steady growth seen in January.
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Companies: Capital & Counties
When Liberty International demerged its business in 2010, it wanted to give REIT investors the choice of exposure to development…
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Pbb to boost lending before deadline
Deutsche Pfandbriefbank said it would continue to increase new lending to real estate ahead of a 2015 reprivatisation deadline
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Finance briefs 15 March 2014
CBRE reported an uptick in capital growth to 0.6% in February following 0.4% growth in January
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M&G debt funds raise £1.35bn
M&G Investments’ £1.35bn capital raise for two new junior debt funds illustrates investors’ continued appetite for higher- risk investments
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Loaf rises for UK expansion
Online furniture retailer Loaf has appointed niche retail consultancy MMX Retail to find it London stores