Annington Homes, managed by private equity investor Guy Hands’ firm Terra Firma, has agreed to sell 36,000 military homes back to the Ministry of Defence (MoD) for around £6bn.
The post Annington strikes £6bn deal to sell military homes back to MoD and end legal disputes appeared first on Property Week.
The firm blamed £34m drop in net asset value mainly on a £28.3m writedown on value of properties at 36-acre The Island Quarter.
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The offering uses AI to identify buildings suitable for profitable retrofitting across portfolios.
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Deal rounds off strong year for the business campus, with more than 220,000 sq ft of new leases and regearings.
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The sites totaling 850 acres across England represent more than 40% of Natural England’s biodiversity gain sites register.
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Council approves design that was modified due to concerns that the hotel would overshadow nearby listed buildings.
The post Vastint Hospitality gets green light for Newcastle hotel appeared first on Property Week.
The plans also include co-living space, a primary school, light industrial workspace, parkland, retail and community spaces.
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The firm raised £62m during its December auction, achieving a 68% success rate.
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His appointment follows the arrival of new heads of neighbourhoods, operations and customer experience.
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The Ministry of Housing, Communities and Local Government (MHCLG) has set out plans for a new fund to help developers to pay for environmental mitigation and meet their obligations faster and easier.
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Since working from home is becoming a norm, setting up your home to make it conducive and noise-free so that you can focus on your work and video calls without interruption is becoming more than essential.
Two months of ranking Singapore’s rental yields shows why higher rent doesn’t mean higher returns, why smaller units usually win, and why even top yielding condos still needed a monthly top-up. Citing rental yields commonly shows up in property listings, real estate agent pitches, and even in the marketing materials of some new launch projects. […]
The post We Studied What Makes A Good Condo Rental Investment — Here Are 8 Things That Stood Out first appeared on TheFinance.sg.
Two freehold properties on Mohamad Sultan Road have been listed for sale. Located on a razor thin site of 4,221 sq ft at 22 & 23 Mohamad Sultan Road, the properties comprise an eight-storey serviced apartment building (22 Mohamad Sultan) and a four-storey commercial building with basement (23 Mohamad Sultan). Collectively, the two properties are […]
The post This Freehold Serviced Apartment in River Valley Is On Sale for $38M first appeared on TheFinance.sg.
The North Korean soldiers are expected to undergo questioning and security checks before South Korean authorities decide whether to grant them protection and resettle them.
The sale is the latest move in the firm's pivot away from offices to retail and residential assets, with the company half way to meeting its £2bn disposals target by 2030.
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The latest proposal values the Dublin-listed firm's shares at €1.386 per share.
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