Louisa Clarence-Smith
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Oaktree sells Birchwood Park for £200m
Warrington Borough Council has bought Birchwood Park from Oaktree Capital Management for £200m – a circa 6.5% yield
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TCS pretax profit drops to £6.7m
Leeds-based property investment, development and car parking company Town Centre Securities, has seen its pretax profit fall more than 40%.
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Lloyds refinances Two Colmore Square with £66m green loan
Lloyds Bank Commercial Banking has refinanced one of Birmingham’s biggest office schemes with a £66m loan provided under its green lending initiative
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Eddisons poaches LSH trio for Liverpool office
Eddisons has poached three directors from LSH for its Liverpool office.
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Medici Living plots UK entry for new co-living brand
Medici Living Group, the world’s largest co-living provider, is in negotiations to open its first UK locations in London
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Investec agrees £61m PRS loan to Rooms & Studios
Investec Structured Property Finance has made its largest PRS development loan to date with a £60.7m facility to fund two schemes in Crawley, Sussex and Sudbury, west London.
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Cheesegrater owner CC Land appoints head of UK
Hong Kong-listed CC Land has appointed its first head of UK, one of the country’s most coveted property jobs.
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Property firms abandon Bell Pottinger
Bell Pottinger has been dropped by a host of property firms seeking to cut association with the tarnished PR firm
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GPU completes largest Leeds letting
The Government Property Unit has confirmed MEPC’s 7-8 Wellington Place in Leeds as the new location for a 378,000 sq ft civil service hub
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Harworth posts 10.9% NAV increase for H1
Harworth Group has reported a 10.9% year-on-year net asset value rise, to £385.7m for the six months to 30 June.
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Related, Oxford and Mitsui agree $3.8bn financing for 50 Hudson Yards
A $3.8bn (£2.9bn) financing of 50 Hudson Yards, New York, has been agreed by Related Companies, Oxford Properties and Mitsui Fudosan America.