Karl Tomusk
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Target Healthcare posts 13% portfolio gain
Target Healthcare REIT’s portfolio, which comprises forty-nine care homes and one site, increased in value by 12.9% over the quarter to stand at £334.9m at 31 December.
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Carter returns to British Land
Carter is currently CFO at Logicor and prior to that was finance director at Quintain Estates & Development. Before joining Quintain, Carter spent just over ten years at British Land.
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Brownfield register identifies capacity for 970,000 homes
Brownfield registers from England’s local authorities show a total housing capacity of more than 970,000, but all is not as it appears
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European commercial investment hits record high
European commercial real estate investment hit a record €286bn (£253bn) in 2017 – up 9.3% on 2016, according to CBRE
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McCarthy & Stone to develop 43 Surrey retirement homes
McCarthy & Stone is set to develop 43 owner-occupied retirement homes in Weybridge, Surrey
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Carillion begins pensions deficit discussions
Carillion will meet with the government and the Pensions Regulator today to discuss its pension scheme, which has a deficit of close to £590m.
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St James’s Place buys £35m Durham retail park
Orchard Street Investment Management has bought Hermiston Retail Park in Consett, County Durham, from Aviva Investors for £35.3m – a net initial yield of 6.25%
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Trump cancels UK visit because of embassy’s ‘bad deal’
Donald Trump has cancelled his trip to London to open the new US embassy, saying its move from 24 Grosvenor Square, W1, to 33 Nine Elms Lane, SW11, Lane was…
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New Look plans to close 10% of UK stores
New Look has drawn up plans to close about 10% of its 596 UK stores
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Simmons & Simmons takes two floors at Bristol’s Aurora block
International law firm Simmons & Simmons has agreed a 27,000 sq ft lease at Cubex’s Aurora office scheme in Finzels Reach in Bristol.
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Lidl to build 1m sq ft warehouse
Lidl has bought a 58-acre site in Luton to build its largest UK warehouse at about 1m sq ft.
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London flexible workspace cost almost half of permanent office
The cost of a flexible workspace is nearly half that of a traditional office space in London – the second biggest price difference in a major global city, according to…