Bridget O’Connell
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RICS appoints new regulation head
Gillian Charlesworth has this week taken responsibility for leading RICS’ global regulatory function, replacing Steven Gould…
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CBRE and JLL go head-to-head in Q3
The two fiercest property services firm rivals, CBRE and Jones Lang LaSalle, have this week posted third quarter results…
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CBRE posts 11% revenue growth
CBRE has reported an 11% increase in revenue to $1.7bn in a strong set of third-quarter results.
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NPL trades hit £13bn
Commercial real estate debt is the most actively traded non-performing loan class with more than €15bn (£12.8bn) of transactions so far this year, says PwC.
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JLL posts Q3 revenue leap
Revenue at Jones Lang LaSalle jumped by 19% to $1.1bn (£683m) in the third quarter, led by a strong performance in Europe.
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Green REIT grabs Irish assets
Stephen Vernon’s and Pat Gunne’s Green REIT has paid Danske Bank Ireland €127.6m (£109m) for a 10-strong portfolio of Irish assets
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Let’s not repeat yesterday’s debt mistakes
It appears that, as economic fundamentals remain fragile, the world remains hooked on debt.
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M&G shifts into car portfolio refi
A £220m refinancing of British Car Auctions’ portfolio has been unseated by a sale to a pair of M&G funds. M&G’s £1.6bn Secured Property Income Fund…
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Finance in brief – 26 October 2013
Finance news in brief
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Evans Randall hit by ‘swaption’ payout
Evans Randall has added a £32m liability from a highly unusual swap agreement to its £205m debt pile at 25 North Colonnade, E14…
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Aberdeen eyes SWIP buyout
Aberdeen Asset Management is frontrunner to buy Scottish Widows after proposing an all-share offer for the investment manager.
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MedicX in £48.8m share placeing
Primary care property investor MedicX has confirmed that it has raised gross proceeds of £48.8m through a share placing.