Great Portland Estates trading update: Strong Performance

Great Portland Estates plc (GPE) publishes a trading update for the quarter to 30 June 2023. Toby Courtauld, Chief Executive, said: “Against a challenging macro-economic backdrop that is placing upward... Read more »

LondonMetric sells five long income and urban assets for £43M

LondonMetric Property Plc (“LondonMetric”) announces that it has exchanged on the sale of five assets for £42.8 million, reflecting a NIY of 4.5%.  The combined sales are in line... Read more »

Pluto £25m finance deal Leicester

Pluto Finance has announced the successful completion of a £25m loan agreement with HGP for the development of a Build-to-Rent project in the city of Leicester. Pluto Finance, a... Read more »

Trebor and Hillwood acquire major industrial site in Ipswich

Trebor Developments and Hillwood have acquired 8 acres of commercial development land from Ipswich Borough Council at Eastern Gateway, Ipswich. Prior to acquiring the site, Trebor secured detailed planning... Read more »

UKEF provides £1.1 billion support to the construction sector in 2022

UK Export Finance (UKEF) has published its annual results for 2022-23, which show the government’s export credit agency provided £1.1bn in new, direct support for UK construction exporters in... Read more »

A £400 million Build-to-Rent project is poised to provide 1,000 homes in Digbeth

Moda Living and Aviva Capital Partners have announced a joint venture to invest in a four-acre regeneration site in Digbeth, with plans to build 1,000 homes for rent. The... Read more »

Defiant dealmaking for Shoosmiths’ real estate investment group

Despite further tightening in the lending market and wider economy, Shoosmiths’ real estate investment group concluded c.£200m worth of deals in Q2 2023. The quarter saw the law firm’s... Read more »

Octopus Real Estate provides loans totalling £26.3m to leading care home operator

Octopus Real Estate, part of Octopus Investments and a leading UK specialist real estate lender and investor, has provided a total of £26.3m to support the development of two... Read more »

Microsoft and AWS caution Ofcom against referring UK cloud market over to CMA

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network intrusion protection system (NIPS)

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