Sophia Furber
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LandSec’s Carnwath quits Barclays
Land Securities chair Alison Carnwath has resigned from her position as non-executive director at Barclays
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Ireland total returns outperform UK
Total returns from Irish commercial real estate outperformed the UK by 0.3% in the three months to 30 June, according to the IPD
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AEW and Natixis to launch senior debt fund
AEW Europe and Natixis Asset Management are joining forces to raise €240m (£187.2m) for a European debt fund
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Allianz lends €650m in banking syndicate
German insurance company Allianz has made its first property loan as part of a bank syndicate
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CREFC opens CMBS consultation
The commercial real estate finance body CRE Finance Council Europe has launched proposals to improve CMBS loans
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PHP retail bonds start trading
Primary Health Properties’ £75m bond issue will begin trading on the London Stock Exchange’s order book for retail bonds today
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Quintain unveils finance director
Quintain Estates has promoted Richard Stearn to finance director with immediate effect
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Helical Bar development programme gains momentum
Helical Bar has sold off £10m worth of low-income producing assets and has secured refinancing for £31.5m of debt since 30 March
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GPE sees 3.5% NAV growth
An uplift in portfolio valuation has helped to boost Great Portland Estates’ net asset value per share by 3.5% to 417p
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Jail for Sean Quinn’s son and nephew
Bankrupt Irish property millionaire Sean Quinn’s son and nephew have been jailed for three months.
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MedicX buys 31 primary care centres
Investor MedicX has completed the acquisition of a 31-strong portfolio of fully-let primary care centres
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Schroders looks to cut debt costs
Schroder Real Estate Investment Trust is continuing to focus on reducing its debt, as high borrowing costs take their toll on its net asset value