Mike Cobb
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Pbb funds Tristan retail buys
Pbb has financed Tristan Capital’s purchase of two regional retail parks with a £28m loan.
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Finance gurus help Alliance find its Vision
The Property Industry Alliance has reconstituted its board and brought in a trio of industry heavyweights to ensure that its Vision for Real Estate Finance becomes a reality.
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Finance in brief – 14 November
Prelet boosts GPE’s NAV and profit rise for Workspace
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LandSec’s NAV zig zags beneath expectations
Land Securities posted NAV growth of 5.4% in the six months to the end of September – a 2.5% miss on analysts’ expectations as capital growth slowed more rapidly than…
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Hammerson appoints Irish retail director
Hammerson has strengthened its Irish team with the appointment of Simon Betty as retail director for Ireland
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2015 slow but European rents will rise
The IPF has forecast rising office rents across the periphery of Europe in the future, despite a decline in income for this year
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Colliers hires rates veteran
Colliers International has recruited rates specialist Jeff Norris to the West End office
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Deka delivers funding for Surrey shopping centre buy
German lender Deka Bank has agreed to finance AEW Europe’s purchase of the St Nicholas Centre in Sutton, Surrey.
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Lloyds parks £160m with Ares
Ares Management’s purchase of three retail parks from Land Securities is to be financed by Lloyds Banking Group.
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Melbourne is resi hotspot for UK money
Australia is becoming a more popular destination for British residential investors claim IP Global
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Blackstone put in offer for Japanese resi investor
Blackstone has offered to buy UK company Japan Residential Investment Company in a £152.6m deal
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AEW and CIC complete Celsius portfolio deal
AEW Europe and CIC have completed on the Celsius portfolio using a €670m (£475m) finance package from ING and Natixis.