Karl Tomusk
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Jaynic appoints Wilson for Suffolk scheme
Property developer Jaynic has appointed former CBRE director Simon Wilson as project director to oversee its £200m Suffolk Park development
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Chinese consortium leads race for GLP buy
Singaporean logistics giant Global Logistics Properties has chosen a Chinese investment consortium as preferred buyer of the $8.6bn (£6.6bn) operator
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Flurry of sales leads to spike in European NPL market
The European non-performing loan sales market has seen a surge of activity, with an 86% rise in the number of live sales in the past six months.
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Flexible workspaces shrink but attract more occupiers
Turnover in the flexible workspace market rose 13% to £765m in 2016 as centres became more efficient
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SEGRO agrees €650m private placement debt issue
The proceeds will be used to refinance SEGRO’s 2018 sterling bonds and secured debt within the Airport Property Partnership.
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Dublin office take-up leaps
Office take-up in Dublin saw staggering growth in the first half of the year, with volumes up by 68% on the first six months of 2016
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Overseas investment in London at record levels
A record 81% of investment in central London has come from overseas buyers so far this year, according to Savills.
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Fund closures hit seven-year low
The number of private real estate funds closed in the past quarter hit their lowest level in more than seven years, according to Preqin’s latest fundraising update
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Hong Kong skyscraper prices are world’s highest
Hong Kong skyscrapers are the world’s most expensive at $8,000 (£6,200) per sq ft, research from Knight Frank’s first Active Capital report has found
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Cala says focus on affordable housing “disproportionate and misguided”
The government’s focus on affordable housing and first time buyers is “disproportionate and misguided”, Cala Homes has said, as it reported a record year for revenue
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LXI REIT secures £55m for future acquisitions
LXI REIT has agreed a £55m loan with Scottish Widows to fund its acquisition pipeline
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Empiric plans £150m share issue
Empiric Student Property is to raise £150m through a share issue to fund its investment strategy