Mike Cobb
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L&G Property secures planning consent for four sites
Legal & General Property has secured planning consent for four industrial sites across the UK
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GPE sells Mortimer St office for £26.9m
Great Portland Estates has sold its 37/41 Mortimer Street office, W1, for £26.9m
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London Central Portfolio appoints resi fund director
London Central Portfolio has appointed Richard Crowder as a non-executive director to its residential funds
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CBRE posts revenue rise
CBRE has posted a Q1 year-on-year rise of 72% in revenue for its European division despite a dip in EBITDA caused by currency fluctuations
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Managers join Savills IM from Pradera
Savills Investment Management has appointed Neil Varnham and Richard Gore to senior management roles.
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European investment volume down 40%
First-quarter commercial investment in Europe has fallen by 40% year on year as Brexit-fueled uncertainty continues, according to Real Capital Analytics
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U+I revenue up
U+I posted development and trading gains of 11.8% in the full year to the end of February
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Brexit uncertainty hits JLL results
A slowdown in the UK investment market ahead of the EU referendum has resulted in JLL’s European arm making a $10m operating loss in Q1
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Morgan Stanley to lead P3 refi
US bank to oversee deal on 28 European warehouses
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Hermes fuels HIG retail centre buys
Hermes Investment Management has provided US private equity firm HIG Capital with £40m of debt to finance its purchase of two regional shopping centres
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$9bn injection puts Brookfield fund among world’s biggest
Brookfield Asset Management has secured $9bn (£6.2bn) of equity commitments for its latest global real estate fund
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ICG Longbow launches £400m resi fund
ICG Longbow has entered into residential development finance following the raising of a £400m fund.