Karl Tomusk
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St Modwen NAV up 2%
St Modwen has posted a 2% rise in net asset value to 431p per share in the six months to May as valuations bounced back after a slower 2016.
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Property values “could predict risk of financial crash”
Analysing long-term property value could help predict a major market crash years before it happens, research from the Property Industry Alliance has found.
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Bridges closes Fund IV with £220m commitment
Bridges Fund Management has announced the final close of its fourth Property Alternatives Fund with £220m in commitments – the company’s largest investment vehicle to date.
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Jacobs agrees 10-year Glasgow lease
TH Real Estate has agreed a 10-year lease with Jacobs at 95 Bothwell Street, Glasgow, on behalf of Warburg-HIH Invest Real Estate. Jacobs has taken 15,000 sq ft of new…
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Colliers names new head of Birmingham office
Colliers International has appointed James Cubitt as head of its Birmingham office
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Savills poaches Duggleby to head up industrial team
Savills has appointed Sally Duggleby, former Amazon UK head of real estate, to head up its industrial and logistics occupier services team.
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Tesco seeks fast-track to Booker merger
Tesco has asked the Competition and Markets Authority to fast-track the investigation into its £3.7bn merger with wholesaler Booker
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Cogress makes debut in Spain
Private equity firm Cogress has opened its first office in Spain in an effort to take advantage of the country’s growing economy and property market
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Propco chief executive bonuses fall by 21%
DATA: Total shareholder returns for the sector turn negative
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Bank warns of ‘repricing’
UK commercial property is vulnerable to re-pricing with valuations failing to reflect risks in a low interest rate environment, the Bank of England has warned
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Boyle and Beanblossom launch investment advisory firm
David Boyle and Brad Beanblossom have launched a real estate investment advisory firm focused on small value-add property investments in the US, UK and Europe
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Sirius’ portfolio increases to £723m
London-listed German property operator Sirius has reported 19.7% growth in its portfolio, which hit €823.3m (£723m) in the year to March