Sophia Furber
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GCP Student Living turns £10m profit
FINANCE: Student housing REIT GCP Student Living made a £10.1m operating profit in its first set of results since its IPO in May 2013.
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IRES REIT’s Kellegher quits for DTZ
IRES REIT’s chief investment officer Donal Kellegher has left the firm after just five months to join DTZ Sherry Fitzgerald as head of development land.
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Limerick hotel on the market for €17m
The four-star, 184-bed Limerick Strand Hotel has gone on the market for €17m (£13.6m).
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Orchard Street buys £5.9m of Cambs sheds
Orchard Street Investment Management has bought five Cambridge warehouses £5.9m at a yield of 5.5%.
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Dublin estate hits the market for €80m
The 7.7 acre Rockbrook Estate in Sandyford, Dublin 18, has been put on the market for €80m (€63.8m).
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Heineken to sell off 111 pubs to Admiral Taverns
Heineken UK is to sell off 111 tenanted pubs from its Star Pubs & Bars to Admiral Taverns for an undisclosed sum.
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BNP Paribas and SMBC make £201m Grosvenor loan
FINANCE: BNP Paribas Corporate and Investment Banking and Sumitomo Mistui Banking Corporation have made a £201m loan to Grosvenor London Office Fund.
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LSH makes four NI appointments
Lambert Smith Hampton has made four new appointments to its Northern Ireland team.
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IRES REIT hires ex-Nama staffer
FINANCE: Irish Residential Properties REIT (IRES) has hired a senior Nama property advisor as vice-president of acquisitions.
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Unlisted funds continue march
Capital raising by unlisted property funds has risen year-on-year, with a total of €41.3bn (£33.1bn) raised in the first half of 2014.
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IPD: UK property recovery slows
FINANCE: UK property total returns showed signs of slowing in August, according to IPD.
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LSH appoints duo to Glasgow team
Lambert Smith Hampton has made two new hires in its Glasgow team.