German venture capital fund PropTech1 Ventures is opening an office in the United Kingdom following openings in Munich and Zurich. The UK office is to serve as the centre for PropTech1's investment expansion in the UK, led by senior!-->… Read More...
Fund manager DTZ Investors
(DTZI) and co-living platform The Collective have launched a joint institutional co-living fund
with the aim of raising total equity of up to £650m.
The fund, COLIV, will seek
to acquire or forward-fund!-->!-->!-->… Read More...
Property developer and investor Land Securities is planning to sell its stake in a leisure portfolio for £650m in order to provide a ‘war chest’ to invest in more London property.
The Sunday Times says that
Landsec has agreed to sell!-->!-->!-->… Read More...
Work is expected to start
soon on former Manchester City footballer Vincent Kompany’s mixed use property
development in Ancoats, Manchester.
Contractor Artez has signed
a deal to build the scheme with a completion date set for summer!-->!-->!-->… Read More...
WeWork has gone from Wall Street’s hottest float prospect to financial basket case as the business is unravelling at lightning speed – and this could have an impact on the London property market, an article in The Telegraph says.
A!-->!-->!-->… Read More...
M&G Prudential is
investing £875m in 40 Leadenhall, in the City of London, where it will develop a new 905,000 sq
ft prime office complex.
The site has been purchased
from AIMCO and Nuveen Real Estate and has planning permission for!-->!-->!-->… Read More...
Legal & General has
purchased three office investment properties in Bristol city centre for £27.7m, it is
The company has bought the blocks on Temple Quay – North Quay House, South Quay House and DAS House – from!-->!-->!-->… Read More...
ID checking app Thirdfort
has raised a seed round of £700,000 led by Mishcon de Reya, personal investment
from Chris Marks, CEO of NatWest Markets, and support from existing investors
including Zoopla founder Alex Chesterman and Lawyer!-->… Read More...
Property entrepreneur Jon
Hunt’s investment and development company Ocubis has reported sales growth and
continues to be confident in the London
commercial market a report says.
The Evening Standard
reports that turnover grew 5% to!-->!-->!-->… Read More...
ZapFloorHQ has raised €1m (about £0.89m) to develop its co-working space
management platform. The investment has been provided by the LeanSquare
investment fund and Stefan Grosjean.
ZapFloorHQ is a platform
for!-->!-->!-->… Read More...
President Donald Trump has
dropped down the latest Forbes 400 Rich List, and is now only the 275th richest
person in America
– 119 places lower than before he became president.
Forbes estimates that Donald Trump is still worth!-->!-->!-->… Read More...
The CEO at podcasting business Audioboom Group plc, which is backed by property mogul Nick Candy, has stepped down with immediate effect.
Rob Proctor has left the
position and been replaced by current COO Stuart Last on an interim basis!-->!-->!-->… Read More...
Property mogul Nowsad Gani
says that Brexit won’t adversely affect the UK property market, and that he is
looking for more property deals as a result.
Speaking in an interview
with the Evening Standard Gani, who is CEO of Ganco Assets,!-->!-->!-->… Read More...
Grainger Plc, which says
it is the UK’s
largest listed residential landlord, is being further linked to a complex court
case involving Lloyds Banking Group subsidiary Bank of Scotland.
The joint liquidators of
Ventra Investments!-->!-->!-->… Read More...
Property investment and
development company Great Portland Estates Plc has pledged to achieve a 40%
reduction in energy intensity and at least a 69% reduction in carbon intensity
across its portfolio by 2030 – as well as for all new build!-->… Read More...
Property mogul Robert
Tchenguiz has sold a high profile property investment he owned in Leeds and intends to use the proceeds to rebuild his
property empire, a report in The Telegraph suggests.
The newspaper says that Tchenguiz has sold!-->!-->!-->… Read More...