Property Investor News
Connells bids to buy Countrywide
Countrywide Plc has received "an indicative approach" from Connells Ltd to acquire "the entire issued and to be issued share capital" of the property services giant.
Henley snaps up two riverside development sites in Fulham
Property investor is planning a 300-home scheme on land between Wandsworth Bridge and Imperial Wharf.
Meyer Bergman rebrands as MARK; sets out resi expansion plans
“As MARK, we will be looking to grow our exposure to European residential real estate through new country-specific platforms," says the CEO of the firm behind Meyer Homes and the super-prime redevelopment…
Landsec recruits Grainger’s finance chief
Vanessa Simms is due to take over from Martin Greenslade as CFO of Landsec next year.
The Guardian: London is the wild west of the global property market – and it needs a sheriff
"Modern London is the wild west of the global property market," writes Guardian columnist Simon Jenkins and parts of it are defaced and dying as a result."
Change at the top as Countrywide proposes a massive private equity ‘recapitalisation’
Countrywide Plc has announced a proposed "recapitalisation of the business" with a £90m private equity injection creating a new controlling shareholder, contingent on a new Chairman and CEO.
Hill kicks off £300m London land-buying drive
“The London property market has proven to be very resilient, rebounding quickly after the easing of lockdown, and it remains a prime area for investment and development,” says Hill Group chief Andy…
New-build home deliveries sink by 15-20%, but development land buying activity remains strong
Savills saw more new-build homes reservations in Q3 this year than in any previous quarter on record, while development land buyers focus on smaller sites.
Global billionaire wealth bounces back to new heights
A V-shaped recovery in equity markets has been a boon for the richest people on the planet, report UBS and PwC, as global billionaire wealth surged by more than a quarter between April and July this year…
Housebuilder Galliard is ‘exploring a sale of the company’
It's being reported that Stephen Conway is angling to sell part or all of the housebuilding firm he co-founded in 1992, with a company valuation that could tickle £1bn.
Pass on the parcel: End the sale of ‘pipe dream’ land
Aston Mead's Land & Planning Director Adam Hesse is calling for ban on the sale of "pipe dream" parcels of land to naïve investors who hope to build homes on them.
BNP Paribas & Fifth Wall team up for European proptech VC fund
Strutt & Parker's owner has teamed up with American investment giant Fifth Wall to back early-stage PropTech start-ups in the UK and Europe