Karl Tomusk
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Syndicated borrowing slumps
Syndicated borrowing in UK real estate has fallen by more than 50% in the first half of the year
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Hansteen posts profits hike
Hansteen has posted an 8.4% like-for-like rise in EPRA NAV per share, with normalised income profits up 28.1% in the first half of 2016.
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Tristan jv buys Dublin resi block
A Tristan Capital and SW3 Capital joint venture is to buy a prime residential block in south Dublin for €72.5m (£62.5m)
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Stone joins M&G Real Estate
M&G Real Estate has appointed Matthew Stone as head of long income real estate
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Moody’s: UK banks ‘ready for onslaught’
Ratings agency Moody’s foresees minimal losses after applying stress test to top lenders
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Five leave Irwin Mitchell
Five partners in Irwin Mitchell’s London real estate team have resigned to take positions at Dentons and Howard Kennedy
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Capital & Regional revenue up 9.8 per cent
Capital & Regional has posted a 9.8% growth in revenue in its half-year results as it reported a rise in activity since the EU referendum.
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Kames cuts fund adjustment
Kames has cut the fair-value pricing adjustment of its £409m Property Income and Property Income Feeder funds from 10% to 8.5%.
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Big banks ready to ride property falls
Large UK banks are more resilient to a weakening commercial real estate market than they were in 2008
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Capital values down 2.8%
UK property capital values fell by 2.8% in July, the biggest drop since March 2009, according to the latest IPD UK Monthly Property Index.
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Bidco gets backing for Pinewood deal
Bidco has secured financing from two funds advised by DRC Capital for the £323.3m bid for Pinewood Group
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Blackhouse cooks up a deal at Bond Court
Blackhouse Grill has agreed to a 25-year lease extension at Leeds City Centre’s Bond Court.