M&G suspends £2.5bn property fund over ‘sustained outflows’
The suspension will be monitored daily and formally reviewed every 28 days
Latest Articles by Tim Burke
Intu makes mental health support pledge
The shopping centre landlord has signed up to Time to Change
JP Morgan hires for European real estate strategy
Paul Kennedy will start in role early next year
How to design for wellbeing
Real estate is working on ways to support the health and happiness of people in their spaces
We can all speak up about mental health
EG’s mental health survey is a starting point for a conversation that can no longer be postponed
Knight Frank launches managed office jv
The agency has partnered with Work.Life to set up joint venture Yours
Mapp wins Frasers Property business park management role
Firm will take over from agents including Colliers in January 2020
First steps in supporting wellbeing
Experts discuss policies and values that firms can put in place as they begin their journey
Leading from the front on mental health
“Leaders must stand up and be counted,” Quilter CEO tells bosses at This Can Happen conference.
Savills wins LGIM property management mandate
The agency will provide property management services across 98 properties in the UK
Allsop keeps revenues steady in Brexit storm
Revenues of £42.9m in the year to March 2019 were broadly flat on a year earlier
Property companies need to be greener from the top down
Property companies need the sustainability agenda built into every decision their business makes
Liverpool Question Time: looking to the next level
Panellists said that to attract talent, better office space and improved infrastructure were crucial
Newsteer co-founder sees fresh start with old friends
Newsteer co-founder Alastair Crowdy on why launching a business in an uncertain market is exciting
CBRE’s Hana makes new hire to drive European growth
Justin Halewood has joined CBRE’s flexible office business as senior investment director
Changing values: The how and why of EPRA’s replacements for NAV
NAV has been “left behind” as the property industry evolves. Three new metrics could address that.
Retail storm hits BL and Landsec
Retail woes impacted this week’s first-half results announcements from Landsec and British Land
Former GL Hearn execs launch new firm
Newsteer will focus on transactional, town planning, development and lease advisory services
Apollo strikes £137.5m hotel refi in King’s Cross
André Balazs teamed up with Crosstree in 2014 to open the first Standard outside the US
Interview: Landsec unveils new sustainability strategy
Landsec aims to reduce carbon emissions by 70% from a 2014 baseline by 2030
IPSX: Waiting to kick off £6.5bn of property IPOs
Once the General Election is out of the way, IPOs should start to come through, says IPSX’s top team
BPF launches data and diversity projects
The BPF is campaigning to boost the social and economic good the industry can provide to communities
U+I boss calls on property to tackle loneliness
Any developer that ignores social inclusion is a fool, says Martyn Evans.
Impact Healthcare plans £50m fund raise
Care homes investor wants to “capitalise on its pipeline of attractive, near-term opportunities”
Property companies face ‘critical’ NAV changes
Listed property companies face changes to the way they calculate the net asset value of investments
Arch Company: bridging a gap between tenant and landlord
The Arch Company wants businesses to see benefits from the railway arches’ private-sector ownership
Canary Wharf to trial new roaming WiFi offer
Canary Wharf Group is introducing a first-of-its-kind roaming WiFi offering in Docklands.
Pharma giant hires CBRE for property services
CBRE has won a mandate to oversee the 70m sq ft real estate portfolio of Novartis
Grosvenor hunts for its Post-It note moment
The landed estate is doubling down on efforts to encourage more innovation throughout its business
RDI targets more disposals in retail retreat
Aviva shopping centre portfolio adds uncertainty to business
The UK’s net zero bill: £286bn
Britain needs unprecedented investment to meet 2050 target
Blackstone posts surge in real estate AUM
Assets under management jumped by almost a third in the past quarter
WeWork strikes $9.5bn SoftBank deal in latest shake-up
Japan’s SoftBank says it will “double down” on its support of beleaguered co-working company
Proptech firm Essensys targets global expansion
The flexible revolution is here to stay, says Mark Furness, chief executive of Essensys
Logistics to drive doubling of property fund capital raisings
Cambridge Associates expects specialist industrial real estate funds to raise $6.4bn in 2019
Blackstone and Telereal publish charter for railway arch tenants
Charter addresses concerns of the thousands of businesses operating in arches sold earlier this year
Retrofitting, resilience and rebellion in real estate
Delegates at MIPIM UK were confronted by the growing urgency around the climate crisis
Property loans rise as warning signals flash
Loan origination in the UK’s commercial property market has defied expectations
Grosvenor boosts innovation drive with new hire
As innovation director, Hema Selvaraj will help business react more quickly to digital disruption
Shut down the spreadsheets, real estate lenders urged
Spreadsheets should be allowed to die, say debt professionals – despite still relying on them
City boss wants a new ‘beacon’ as Fleet Street evolves
The City of London Corporation wants the area to become known as a home for the legal profession
London extends lead in city property ranking
London remains Europe’s top city for occupier demand and has a positive economic growth outlook
BNP Paribas and Strutt & Parker: How’s the honeymoon?
Two years on from the merger, deputy CEO Etienne Prongué says the marriage is proving a happy one
Property players see debt demand rising
Sourcing difficulties and costs deemed biggest current challenges
Property funds lose £2.7bn in year-long run of redemptions
Numbers come hard on the heels of the FCA’s tough new rules for funds that trade in illiquid assets
FCA reveals new rules for property funds
New obligations on funds to provide “clear and prominent” information on liquidity risks
Robbie Williams-owned arts institute to open London campus
The campus is expected to open in 2020
Occupiers rush to lock in London office space
With supply slowing and demand for premium space rising, tenants are jostling to strike prelet deals
Adam Neumann steps down as WeWork CEO
“The scrutiny directed toward me has become a significant distraction,” says co-founder.
New Blackstone venture to go extra mile in last-mile logistics
Blackstone has launched a new company to house a huge portfolio of last-mile logistics investments.
