Property Week News, analysis, insight and events for UK property professionals
AEW UK REIT mulls strategy to double portfolio to £500m-plus
Group's portfolio manager said it was considering fund raisings to expand its portfolio and tracking around £200m of possible purchases.
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Alternative Income REIT raises NAV on back of ‘secure and increasing income stream’
The NAV rise was primarily due to the £600,000 increase in the value of the group’s investment properties.
Hammerson reveals record year as CEO promises ‘more to come’
Chief executive Rita Rose Gagné said Hammerson entered 2025 as a “repositioned business” after record leasing performance in 2024.
WP Carey buys West Midlands staff training centre for £18m
The 219,900 sq ft campus is one of the largest training and conference centres in the UK and is leased to Compass Contract Services.
Revenue soars 146% at TPFG following Belvoir merger
Annual revenue came in at £67.2m, compared with £27.3m in 2023, with 52% deriving from recurring revenue sources.
Sirius refinances German business park
The five-year loan, agreed with Sparkasse Saarbrücken bank, has been struck at a 3.26% interest rate.
Picton launches £10m share buyback
The buyback of up to 14.99% of the company's issued capital follows disposals to increase returns to shareholders.
LSL promotes Castleton to CEO after improved performance in second half of 2024
Group revenue to the end of December was up around 20% year on year to £173m.
NewRiver reveals cost savings from CapReg takeover
The group added that it expected to make the savings within 12 months.
Henry Boot slashes debt but predicts slower growth in 2025
In an end-of-year update to shareholders, the group revealed that net debt stood at £63m at the end of December, compared with £103.9m six months earlier.