All Propcos articles | Property Week https://www.propertyweek.com/subject/propcos News, analysis, insight and events for UK property professionals Tue, 21 Oct 2025 12:10:34 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.1 https://wp-eris.s3.eu-west-1.amazonaws.com/wp-content/uploads/sites/2/2024/07/favicon-70x70-1.png All Propcos articles | Property Week https://www.propertyweek.com/subject/propcos 32 32 https://www.propertyweek.com/wp-content/themes/mbm-mops-2017/images/logo.gif Property Week https://www.propertyweek.com/subject/propcos 125 75 News, analysis, insight and events for UK property professionals AEW UK REIT mulls strategy to double portfolio to £500m-plus https://www.propertyweek.com/finance/aew-uk-reit-mulls-strategy-to-double-portfolio-to-500m-plus Wed, 21 May 2025 10:08:53 +0000 https://www.propertyweek.com/?p=632795 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’ https://www.propertyweek.com/finance/alternative-income-reit-grows-nav-amid-secure-and-increasing-income-stream Tue, 04 Mar 2025 10:16:10 +0000 https://www.propertyweek.com/?p=625721 The NAV rise was primarily due to the £600,000 increase in the value of the group’s investment properties.

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]]> Hammerson reveals record year as CEO promises ‘more to come’ https://www.propertyweek.com/finance/625151 Wed, 26 Feb 2025 08:44:00 +0000 https://www.propertyweek.com/?p=625151 Chief executive Rita Rose Gagné said Hammerson entered 2025 as a “repositioned business” after record leasing performance in 2024.

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]]> WP Carey buys West Midlands staff training centre for £18m https://www.propertyweek.com/finance/wp-carey-buys-west-midlands-staff-training-centre-for-18m Thu, 30 Jan 2025 10:40:13 +0000 https://www.propertyweek.com/?p=622436 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.

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]]> Revenue soars 146% at TPFG following Belvoir merger https://www.propertyweek.com/finance/revenue-soars-146-at-tpfg-following-belvoir-merger Thu, 30 Jan 2025 10:36:57 +0000 https://www.propertyweek.com/?p=622433 Annual revenue came in at £67.2m, compared with £27.3m in 2023, with 52% deriving from recurring revenue sources.

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]]> Sirius refinances German business park https://www.propertyweek.com/finance/sirius-refinances-german-business-park Thu, 30 Jan 2025 10:32:23 +0000 https://www.propertyweek.com/?p=622429 The five-year loan, agreed with Sparkasse Saarbrücken bank, has been struck at a 3.26% interest rate.

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]]> Picton launches £10m share buyback https://www.propertyweek.com/finance/picton-launches-10m-share-buyback Thu, 30 Jan 2025 10:30:11 +0000 https://www.propertyweek.com/?p=622427 The buyback of up to 14.99% of the company's issued capital follows disposals to increase returns to shareholders.

 

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]]> LSL promotes Castleton to CEO after improved performance in second half of 2024 https://www.propertyweek.com/finance/lsl-appoints-new-ceo-following-much-stronger-year Thu, 30 Jan 2025 10:27:13 +0000 https://www.propertyweek.com/?p=622425 Group revenue to the end of December was up around 20% year on year to £173m.

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]]> NewRiver reveals cost savings from CapReg takeover https://www.propertyweek.com/finance/newriver-reveals-cost-savings-from-capreg-takeover Wed, 29 Jan 2025 08:17:06 +0000 https://www.propertyweek.com/?p=622179 The group added that it expected to make the savings within 12 months.

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]]> Henry Boot slashes debt but predicts slower growth in 2025  https://www.propertyweek.com/finance/henry-boot-slashes-debt-but-predict-slower-growth-in-2025 Tue, 28 Jan 2025 10:04:36 +0000 https://www.propertyweek.com/?p=621990 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.

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]]> Harworth closes in on £1bn net development value https://www.propertyweek.com/finance/harworth-closes-in-on-1bn-ndv Tue, 28 Jan 2025 10:00:57 +0000 https://www.propertyweek.com/?p=621986 Chief executive Lynda Shillaw said “we remain confident in our ability to reach our £1bn EPRA NDV target by the end of 2027”.

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]]> NAV nudges up 2.2% at Picton https://www.propertyweek.com/finance/nav-nudges-up-at-picton-3 Tue, 28 Jan 2025 09:58:23 +0000 https://www.propertyweek.com/?p=621983 The group’s total return for Q4 leapt to 3.2%, from 1.3% in Q3.

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]]> SEGRO JV buys €470m Tritax portfolio https://www.propertyweek.com/finance/segro-jv-buys-e470m-tritax-portfolio Tue, 28 Jan 2025 09:55:22 +0000 https://www.propertyweek.com/?p=621978 SELP snaps up six fully-leased logistics assets in the Netherlands and Germany totalling almost 4m sq ft.

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]]> LendInvest funds under management pass £5bn https://www.propertyweek.com/finance/lendinvest-funds-under-management-passes-5bn Mon, 27 Jan 2025 09:28:14 +0000 https://www.propertyweek.com/?p=621849 The company was boosted by £500m hike in contribution from an institutional investor and renewal of several funding facilities.

 

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]]> Former Landsec boss Salway to become Picton chair https://www.propertyweek.com/finance/former-landsec-boss-salway-joins-picton-as-chair Mon, 27 Jan 2025 09:10:26 +0000 https://www.propertyweek.com/?p=621840 He will take up the non-executive role, as well as becoming chairman of the group’s nomination committee, on 1 February, succeeding Lena Wilson who will step down on 31 January.

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]]> Care REIT reports rent increase in ‘robust’ Q4 https://www.propertyweek.com/finance/occupancy-rises-at-care-reit Fri, 24 Jan 2025 10:11:16 +0000 https://www.propertyweek.com/?p=621773 The group, which reported 100% occupancy and rent payment in Q4, aims to reward investors with a 6.95p per share annual dividend.

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]]> Abrdn fund confirms three asset sales in investor update on wind-down https://www.propertyweek.com/finance/abrdn-updates-investors-on-winddown Fri, 24 Jan 2025 10:07:40 +0000 https://www.propertyweek.com/?p=621771 European Logistics Income fund sells three assets in the Netherlands and Spain, while preparing three further assets for disposal.

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]]> Workspace Q3 results show marginal rents rise https://www.propertyweek.com/finance/workspace-sees-rent-nudge-up-during-third-quarter Thu, 23 Jan 2025 09:17:33 +0000 https://www.propertyweek.com/?p=621653 Occupancy nudged down 1.3% to 86.1%, which led to the overall rent roll falling 0.6% to £106.8m.

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]]> Watkin Jones claims ‘resilient’ year after slashing pre-tax losses https://www.propertyweek.com/finance/watkin-jones-claims-resilient-year Thu, 23 Jan 2025 08:55:52 +0000 https://www.propertyweek.com/?p=621646 PBSA and build-to-rent group cut pre-tax losses to £300,000 in year to end of September, but revenue fell from £413.2m to £362.4m.

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]]> Tritax Big Box acquires Heathrow site for major data centre scheme https://www.propertyweek.com/finance/tritax-big-box-acquires-heathrow-site-for-date-centre-scheme Tue, 21 Jan 2025 07:35:20 +0000 https://www.propertyweek.com/?p=621134 The company also acquired a 50% share in a JV with a renewable and low-carbon energy power generator to help power the site.

 

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]]> PRS REIT updates investors on possible sale https://www.propertyweek.com/finance/prs-reit-updates-investors-on-possible-sale Mon, 20 Jan 2025 10:23:31 +0000 https://www.propertyweek.com/?p=620982 In a trading update, the group said it continued “to explore all the options available” and was “focusing on maximising value” for shareholders.

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]]> Taylor Wimpey sticks to £416m 2024 profit forecast but warns of build cost pressure https://www.propertyweek.com/finance/taylor-wimpey-sticks-to-profit-forecast-for-2024 Thu, 16 Jan 2025 08:52:18 +0000 https://www.propertyweek.com/?p=620766 The group said it completed 10,593 homes in 2024, down from 10,848 in 2023, but has a stronger order book than this time last year.

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]]> Sirius raises €350m in oversubscribed bond issue https://www.propertyweek.com/finance/sirius-raise-e350m-in-bond-issue Thu, 16 Jan 2025 08:48:29 +0000 https://www.propertyweek.com/?p=620764 The seven-year bond, with a coupon of 4%, was around five times oversubscribed and proceeds will mainly go to pay down debt.

 

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]]> Supermarket Income REIT appoints Blundell to board https://www.propertyweek.com/uncategorized/supermarket-income-reit-appoint-blundell-to-board Thu, 16 Jan 2025 08:44:23 +0000 https://www.propertyweek.com/?p=620762 Blundell will also serve as a member of the company's audit and risk committee, remuneration committee and management engagement committee.

 

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]]> Savills annual results set to be ‘substantially ahead’ of 2023 figures https://www.propertyweek.com/finance/savills-reports-annual-results-will-be-in-line-with-expectations Thu, 16 Jan 2025 08:39:27 +0000 https://www.propertyweek.com/?p=620760 While not giving figures, trading update says UK has driven strong year for the firm across Europe, the Middle East and Asia.

 

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