Karl Tomusk
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LXI to forward fund Middlesbrough hotel
LXI REIT has agreed a forward purchase of a Premier Inn in Middlesbrough for £6.2m – a net initial yield of 5.1%
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Schroder enters self-storage market
Schroder UK Real Estate Fund has entered the self-storage market with the acquisition of a £44m portfolio from the Self Storage Company.
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Hotel Chocolat opens first Irish store
Retailer has signed for 1,098 sq ft café at Hammerson’s Dundrum Town Centre.
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The 10 biggest shareholders in the British property market
They own a combined $16.6bn worth of shares in UK FTSE 350 property market. One owns 30% of that. Last week EG revealed who these investors are and where they…
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City of London Group in £20m reverse takeover of Milton
City of London Group has conditionally agreed to buy equity release provider Milton Homes from a Delancey-advised fund for £20.2m
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Landsec raises the bar for green energy
Landsec has installed the UK’s biggest shopping centre solar panel system – with close to 3,000 solar panels – at White Rose in Leeds.
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PRS will not solve the housing crisis
Exclusive research by EG reveals that government claims that renting is key to fixing the country’s broken housing market are misplaced.
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Bruntwood submits first plans for Circle Square development
Bruntwood has submitted plans for a conceptual retail and leisure development in Manchester as a precursor to its £750m Circle Square city centre development
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House price growth flattest since 2013
UK house price growth fell to its flattest level since 2013 in July, spurred by political uncertainty and low levels of stock, according to the RICS.
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London development land sales improve in Q2
A total of £722m of London development land sales completed in the second quarter of 2017, up 48% on the first quarter, according to CBRE research.
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Cambridge industrial rents hit record levels
Industrial rents in Cambridge are expected to rise more than 9% in 2017 as demand for the sector reaches new highs, according to research from Bidwells.