Karl Tomusk
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Property lawyers join DLA Piper
A team of real estate lawyers from King & Wood Mallesons has joined DLA Piper in London, Frankfurt and Munich
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Jefferies downgrades REITs
Jefferies has downgraded six REITs, reinforcing its “underperform” rating for the UK REIT industry for 2017.
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Laxfield hires Brown
Laxfield Group has recruited Niall Brown as an associate director in its real estate lending team
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Wellesley ends £1.5m crowdfund
Peer-to-peer property lender failed to raise enough investor interest
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London councils suffer garage surplus
Councils are sitting on more than 22,000 empty garages in London, according to research by property crowdfunding platform Property Partner.
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Aviva remains top of asset management pile
UPDATE: Firm has topped the survey every year since 2009
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Morrison right fit for Contour
Contour Capital has appointed Gavin Morrison as relationship director
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Foxtons foresees 2017 slump as profits fall
Foxtons has reported a 46% fall in profits for 2016 and hinted at a continuing downturn ahead of its full-year results.
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Partnership buys Piccadilly lease
The Regent Street partnership between Norges Bank Real Estate Management and the Crown Estate have bought the long leasehold at 10 Piccadilly, W1, for £129m from Standard Life.
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Lloyds sells 85 branches
Lloyds Banking Group has sold 85 of its branches in two sale-and-leaseback deals
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M&G set to sell Bankside 2 and 3
M&G Real Estate is to put Bankside 2 and Bankside 3, SE1, up for sale for about £400m – a net initial yield of 4.75%.
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Partners eye Singapore sheds
Blackstone and Warburg Pincus are readying bids for Singaporean logistics firm Global Logistics Properties