Bridget O’Connell
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Investec gets Bradstowe back on track
Investec Structured Finance has provided a £23m senior debt facility to finish construction of Bradstowe House, Harrow.
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BL appoints Internos
British Land has appointed fund manager Internos Global Investors to manage the €230m (£193m) Pillar Retail Europark Fund.
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BL beats LandSec in strong H1
British Land bettered its larger rival Land Securities in interim results this week, delivering a 4.5% rise in NAV to 623p a share.
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Finance briefs
Investec Structured Property Finance has provided a £23m two-year loan to Cromer Homes for a Harrow residential scheme.
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Mayfair Capital resi fund close
Mayfair Capital has completed the £28.2m final close of its London residential development fund
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PHP in £41m PPP deal
Harry Hyman’s Primary Healthcare Properties is buying rival healthcare investor Prime Public Partnerships in a £41.4m all-paper deal
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Protego founder Reid buys Indirex stake
Property industry innovator and Protego founder Iain Reid has bought a major stake in Indirex ahead of a planned expansion of the business.
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IPD: October returns hit 1.1%
Commercial property returned 1.1% in October, as improvements in UK economic performance continued to drive regional growth
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GPE posts asset value rise
Great Portland Estates has announced a 9.2% leap in net asset value to 487p a share as its West End portfolio continues to deliver strong growth.
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British Land posts 4.5% NAV rise
British Land has posted a 4.5% rise in NAV to 623p a share driven by strong valuation gains in the half year
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LandSec counts Walkie Scorchie costs
UPDATE: Land Securities said it expects to spend “low single digit millions” to fix the solar glare issue at 20 Fenchurch Street, EC3
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NAV uplift for Workspace
UPDATE: Flexible office space provider Workspace has announced a 16% hike in net asset value to £4.04 a share in its half-year results.