Karl Tomusk
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Tristan and Addington sell 6 Dowgate Hill
Tristan Capital and Addington Capital have sold their long leasehold interest at 6 Dowgate Hill, EC4, for £16.85m to an overseas investor.
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KWE cites confidence in UK with £3m lease income
Kennedy Wilson Europe Real Estate signed 36 commercial leases, with £3m of incremental annual income in the first quarter of 2017
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Lloyds funds third phase at Aberfeldy Village, E14
Lloyds Commercial Banking and the Homes and Communities Agency have agreed a £32m loan for Poplar HARCA and Wilmott Residential’s regeneration scheme in Aberfeldy Village, E14
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London office market sees bounce of power to occupiers
LOMA Q1 2017: Listen to EG’s lowdown of the office market analysis for the first quarter of the year
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Share price slumps prompts GGP sell-off
US shopping centre REIT General Growth Properties is considering selling its property portfolio in response to discounts of more than 20% on the value of its assets on the stock…
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London offices market: starting from scratch
LOMA Q1 2017: Is recovery within the industry’s reach?
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Colliers posts revenue rise
Colliers International has reported a 12% year-on-year rise in revenue to $422.8m (£327m) in the first quarter
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Funds shrug off uncertainty to raise £1.8bn
Three fund managers pulled in a total of £1.8bn this week as cash continues to flow into the property sector despite political uncertainty across Europe.
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Discounts to NAV spark listed sector deals
The normally subdued corporate listed market has seen a burst of activity, with Kennedy Wilson Europe Real Estate merging with its US-listed sister company, and Market Tech taken private by…
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ICG-Longbow realises £242m real estate debt investment
ICG-Longbow has fully realised its £242m real estate debt investments fund II with a gross IRR of 17.1% per annum
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CBRE revenue up 5% in Q1
CBRE has reported 5% growth in its global revenue to $3bn (£2.3bn) with adjusted earnings up 7% to $303.2m in the first quarter of 2017.
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UK institutions’ £4.6bn 2016 sell off
UK institutional funds reduced their property holdings by a net £4.6bn last year as some of the biggest names in the business had to sell off property to battle instability