Bridget O’Connell
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SocGen to exit property lending
French bank Société Générale is set to pull out of property lending, dealing a further blow to the debt market.
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Savills to cut European exposure
Savills is taking steps to further reduce its presence and cost base in non-core continental European markets.
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Derwent London reports strong rental growth
Derwent London has released a positive trading update revealing strong letting progress and rental growth
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Nama makes €118m Q2 profit
The National Asset Management Agency has posted a profit of €118m in its account for the second quarter.
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Dublin resi scheme up for €43m
Receivers have appointed Savills to sell The Alliance Building in Dublin’s Gasworks development for around £37m
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Unite profit ahead of expectations
Student housing specialist Unite Group has said its full-year recurring profit is likely to exceed expectations
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MWB completes Malmaison sale and leaseback
MWB Group Holdings has completed the sale and leaseback of five Malmaison hotels for a combined total of £102.9m.
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Metric forms £150m retail jv
Metric Property Investment has formed a £150m retail joint venture with Universities Superannuation Scheme.
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British Land NAV up 4.2%
British Land announces 4.2% hike in net asset value and the signing of Aon to one-third of the Leadenhall Building
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Capital growth flatlines
UK capital growth has all but ceased after the eurozone crisis hit investor confidence and occupier demand.
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Cushman & Wakefield profit soars
Cushman & Wakefield has delivered a net profit of $8.2m in the third quarter – three times the $2.3m made in Q3 2010
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Eurohypo ceases new lending as eurozone crisis hits UK market
Suspension of new business at Eurohypo has crystalised fears that the eurozone crisis will further restrict UK property lending