Louisa Clarence-Smith
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Inland Homes appoints MD to board
Inland Homes has appointed managing director Gary John Skinner to the board of directors with immediate effect
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Savills buys BL’s third-party business
British Land has agreed to sell the third-party portfolio of its management company, Broadgate Estates, to Savills, as it focuses on strengthening its own assets and brand.
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South Korea’s KIS buys £200m City office
Seoul-headquartered Korea Investment & Securities has agreed to buy 70 Mark Lane, EC3, from Mitsui Fudosan for around £200m
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Amundi plans £500m UK exit
French asset management giant Amundi is preparing to make a £500m exit from its UK office assets with the intention of investing the proceeds back into mainland European assets
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Ho Bee Land makes £650m swoop on Ropemaker Place
Singaporean investor Ho Bee Land has placed the City’s Ropemaker Place, EC2, under offer for around £650m – a net initial yield of circa 4.6%.
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Developers hit by Islington site value ruling
A legal ruling on an affordable housing dispute between developer Parkhurst Road and Islington Council is expected to have widespread ramifications for viability assessments in London
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The Hut Group agrees 51,000 sq ft Manchester office deal
E-commerce giant The Hut Group has agreed a deal to lease 51,000 sq ft of office space at Manchester Airport
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Whittaker ups intu stake following failed merger
The property mogul has spent £1.9m on shares.
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Colliers International posts EMEA loss
Colliers International reported a $400,000 (£293,000) earnings loss in the UK and western Europe for the first quarter
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RBS branch closures to release 500,000 sq ft
Royal Bank of Scotland’s decision to close 162 branches across England and Wales will release more than 500,000 sq ft of high-street retail space.
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Mike Hussey’s Almacantar makes first asset sale
Veteran developer’s group sells Richard Seifert’s ‘Space House’ for £165m.
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Lloyds Bank CRE announces restructure
Lloyds Bank CRE has announced a restructure that will see the former developers’ team and its clients absorbed across the business