Estates Gazette
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Wanda launches One Nine Elms
Dalian Wanda has launched the first 200-home phase of its One Nine Elms scheme with prices starting at around £1,300 per sq ft
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RBS finances DevSec jv SE1 buy
FINANCE: RBS has provided acquisition finance to Development Securities and Proprium Capital Partners for their £87m purchase of Becket House, SE1
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Atrium appoints Polish boss
Retail developer Atrium has appointed Scott Dwyer as chief executive of its operations in Poland
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Estates Gazette 11 October 2014
Articles from this week’s edition of Estates Gazette
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Picton NAV up 5.7%
FINANCE: Picton Property Income has announced a 5.7% hike in NAV to 62.3p a share for the third quarter
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Greene King ups Spirit offer
Greene King has increased its bid for Spirit Pub Company after a 100p per share offer was rejected last month
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Lok’nStore NAV up 9.3%
Lok’nStore Group has posted a 9.6% increase in net asset value per share thanks to an £11.3m increase in the value of its property portfolio
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Cotton and another v Brudenell-Bruce and others
Sale of land – Trust assets – Approval of court – Claimant trustees applying to court under CPR 8 for approval of proposed sale of main trust asset by completion…
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Cotton and another v Brudenell-Bruce and others
Sale of land Trustees
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An example of a successful challenge to a refusal to make a costs award following a planning appeal
The basic principle is that parties involved in planning appeals normally meet their own costs. However, the provisions of section 250(5) of the Local Government Act 1972, applied by sections…
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Cala profit climbs 117%
Profit has soared at Cala Group despite a slight dip in house sales
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M&G signs £233m sale and leaseback with The Priory
FINANCE: M&G Investments has signed a £233m sale and leaseback agreement with The Priory Group on six hospitals