Philip Brown
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GPE posts 11.8% NAV lift
FINANCE: Great Portland Estates delivered an 11.7% increase in NAV per share in the six months to the end of September on the back of soaring London capital values and…
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REIT status draws closer as C&R sells
FINANCE: Capital & Regional is on track to convert to a specialist shopping centre REIT by the end of the year as it continues to sell off non-core properties.
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£205m sought for Giorgio Armani London office
A £205m for-sale sign has been hoisted above the Victoria head office building of Giorgio Armani.
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Nikal launches construction arm
Manchester-based developer Nikal has launched a bespoke construction arm to deliver small to medium-sized building projects.
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R (on the application of Joicey) v Northumberland County Council
Town and country planning — Planning permission — Wind turbine — Defendant local planning authority granting interested party planning permission to erect wind turbine — Claimant seeking judicial review —…
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R (on the application of Joicey) v Northumberland County Council
Town and country planning Wind turbine
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Supreme Court rejects challenge to ‘Monk rule’ on joint tenancy
The Supreme Court has dismissed a claim that the rule to the effect that service of a valid notice to quit by only one joint tenant is enough to terminate…
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Workspace profits rocket 61%
FINANCE: Serviced office provider Workspace Group has posted a 61% hike in pretax profit to £173.7m.
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Blackstone bags £153m SEGRO sheds
SEGRO has sold a portfolio of six UK sheds to Blackstone’s Logicor business for a £153.3m yield.
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Derwent gears up for development push
Derwent London is preparing to start work on 485,000 sq ft of development as the company continues to let its current projects at growing rents.
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Sainsbury’s suffers £287m property hit
FINANCE: Supermarket chain Sainsbury’s has taken a charge of £287m after halting a number of property plans.
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Luxury flats at MacDonald House approved
A redevelopment of the Canadian High Commission’s former Mayfair HQ into luxury apartments has gained approval.