Karl Tomusk
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L&Q and GLA to deliver 20,000 homes
L&Q has partnered with the Greater London Authority for an £8bn investment to deliver 20,000 new homes, including at least 12,000 affordable homes, in the capital
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Lloyds arranges €600m Unibail-Rodamco refinancing
Lloyds Bank Commercial Banking has arranged a €600m (£514m) refinancing for Unibail-Rodamco as part of its £1bn green lending initiative
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Alpha Real Trust rejects second Hansteen offer for IMPT
Alpha Real Trust has again rejected Hansteen’s offer to buy Industrial Multi Property Trust after a £1.3m valuation uplift in IMPT’s portfolio yesterday.
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Annington names Liddell as chairman
Annington, one of the largest private owners of residential property in the UK, has appointed Baroness Liddell as chairman
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Cash for funds down by 40%
Fundraising for closed-end private real estate funds fell by 40% globally, year-on-year, to $15.5bn in the first quarter of 2017, according to Preqin’s Q1 fundraising update
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Forbes: don’t scrap open-ended funds
John Forbes’ independent report into last summer’s open-ended retail fund crisis has said the vehicles “undoubtedly [have] significant flaws” but that they should not be scrapped altogether
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Van Kemp appointed chairman at Inrev
Marieke van Kamp has been appointed chairman of Inrev among a raft of other appointments on the organisation’s board
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Savills directors take home £4m in 2016
Savills’ two executive directors were paid £4m last year as chief executive Jeremy Helsby’s total pay fell 2.6% to £2.2m, according to the company’s annual report
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An open-ended opportunity to diversify
Last summer’s open-ended retail fund crisis should be an opportunity to diversify real estate funds rather than replace current structures, an independent report for the Association of Real Estate Funds…
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Slough buys site for £500m regeneration
A £500m regeneration project is under way in Slough after the local council bought the former site of Thames Valley University
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London tower starts rocket
DATA: Almost one tower a week was started in London in 2016 and the number of completions reached a record 26
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Regions outpace London on build-to-rent
There are nearly twice as many build-to-rent homes under construction in the regions as there are in London, data from the BPF has shown.