Mike Cobb
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Completions up for Crest Nicholson
House builder Crest Nicholson has posted a 7% year-on-year rise in completions in six months of trading to the end of April 2016
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Harworth starts construction on Gateway 36
Harworth Estates has begun the construction of Barnsley’s largest commercial development
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British Land NAV rises 10.9%
British Land has posted a 10.9% uplift in its NAV for the full year to the end of March 2016
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Deka loan rolls NewRiver into Broadway
Deka Bank’s London office has backed NewRiver’s largest single-asset purchase to date with a £49m loan
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Aareal halves commercial loans for soaring US margins
Aareal Bank has almost halved its new lending to the UK commercial property sector in the first quarter of the year
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Children’s investment fund chips in for Marble Arch project
The Children’s Investment Fund has made its first significant development loan in central London
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Finance news in brief: 14 May 2016
Segro arranges finance facility through nine banks; Italian bank extends multi-retail platform loan; banks team up to finance W1 scheme
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St Ives locals take pitchforks to second homes
Neighbourhood plans, which were intended to make development easier, have sparked a rebellion against homebuilding in a Cornwall town
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Savills IM launches €500m prime German retail vehicle
Savills Investment Management has launched a fund focusing on German retail
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M7 bags regional quartet
M7 Real Estate has completed on four regional office assets.
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Grey skies for European investment volumes
European investment volumes dropped by 33% in the first quarter of 2016 compared with last year but still remain above average, according to BNP Paribas Real Estate
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Custodian REIT raises £21m
Custodian REIT has closed a placing of 20m new shares, raising £21m