Bridget O’Connell
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Aberdeen’s UK MD to retire
Aberdeen Asset Management’s managing director of UK property fund management, John O’Connor, is to retire at the end of the month
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New loans to reach £50bn by 2016
The annual volume of new lending in the UK is set to rise to £50bn by 2016 – almost double last year’s figure – says Savills
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AgFe to advise L&R on £362m debt
The Livingstone brothers have appointed a debt specialist to advise on a £362m securitised debt pile.
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Thaker joins Secure board
Harin Thaker has taken a non-executive directorship of the board of Secure Property Development & Investment.
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The brave play the cycle and develop their way to profitability
LandSec, British Land, GPE and other big players are on a London development spree So far, scarcity and solid demand have lifted the value of their projects
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CMBS loans in line for July gloom
Repayments of CMBS loans are forecast to dive in July as financing conditions remain poor for secondary property.
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GPE’s Courtauld takes 23% pay cut
Great Portland Estates chief executive Toby Courtauld earned £1.1m last year – a 23% drop on the previous year.
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L&G to fund Stirling scheme
Legal & General has agreed to forward fund Burghmuir retail park in Stirling, Scotland.
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CBRE: May total returns flat at -0.1%
UK commercial property performance was broadly flat in May, with returns now at -0.1%.
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Kennedy Wilson triumphs in Project Prince
Kennedy Wilson and Deutsche Bank are to buy a €360m portfolio of Irish loans from Lloyds Banking Group.
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AIB offers Irish office loan book
Allied Irish Banks has appointed Morgan Stanley to sell a €675m (£540m) portfolio of Irish loans.
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Slade optimistic as Helical goes back in the black
Helical Bar chief executive Mike Slade said its central London portfolio provides “cause for optimism” as the company looks forward to a return to form.