PHP Intensifies Pursuit of Assura Merger, Rejects Financial Risk Concerns
Primary Health Properties (PHP) has renewed its efforts to merge with rival Assura Plc, firmly rejecting financial risk concerns raised by Assura’s board and reiterating the strategic and long-term value of the proposed combination. The move escalates a high-profile contest over the future of the UK’s largest primary care real estate investment trusts. PHP’s latest…
Crest Nicholson Reports Strong Profit Surge as UK Housing Market Stabilises
Crest Nicholson has delivered a robust financial performance for the first half of 2025, with adjusted pre-tax profit more than tripling to £7.9 million, compared to a loss of £30.9 million in the same period last year. The company’s statutory profit also improved significantly, reaching £9.4 million. Despite this recovery, revenue declined slightly to £249.5…
Ragley Estate Welcomes Thousands for a Day of Farming, Sustainability, and Tradition
Thousands of visitors attended Ragley Estate’s second annual Open Farm Sunday, a significant event celebrating British farming and rural heritage. Approximately 1,700 guests engaged with farm machinery displays, livestock, and crop demonstrations, while observing traditional skills such as horse-logging and venison butchery. The event also offered educational activities for children, including flower making and plant…
REALB Urges Real Estate Agents to Reinforce Ethical Standards Amid Rising Complaints
The Real Estate Agents Licensing Board (REALB) has issued a strong reminder to real estate professionals across Fiji to uphold the highest ethical and professional standards. In a recent talanoa session, Compliance and Monitoring Officer Meenal Lal disclosed that the Board has received 24 complaints so far this year, with the majority relating to unprofessional…
Mitsubishi Estate Acquires Majority Stake in Patron Capital, Signaling Increased Japanese Investment in European Real Estate
Japanese real estate giant Mitsubishi Estate has acquired a majority stake in Patron Capital, a leading European private equity real estate firm, accompanied by a €600 million equity commitment. This strategic investment highlights Mitsubishi’s growing focus on expanding its presence in the UK and broader European property markets. Founded in 1999 by Keith Breslauer, Patron…
Expert Legal Guidance Facilitates Unsafe Cladding Removal for Southwest Block of Flats
In the aftermath of the Grenfell Tower tragedy, the United Kingdom has faced an urgent challenge in addressing unsafe cladding on high-rise residential buildings. For residents living in these hazardous conditions, the consequences were severe: properties could not be sold or remortgaged, and homeowners were left in a constant state of insecurity. A recent successful…
Unlocking Value: How PropTech is Shaping the Future of Office Real Estate
In May, Leeds took centre stage in the UK real estate sector by hosting UKREiiF, a premier event attracting over 16,000 property investors, developers, and policymakers. Among the key topics driving industry discussions is PropTech, a critical catalyst in transforming office environments and enhancing returns to office working. Sally Appleton underscores that the return to…
Folgate Increases Real Estate Insurance Capacity to £70 Million, Strengthening Position in High-Value Commercial Market
Folgate Underwriting has announced an increase in its total sum insured per location to £70 million for real estate and property risks. This strategic enhancement reflects the managing general agent’s commitment to supporting larger, more complex commercial property portfolios, providing added confidence to landlords and investors seeking robust insurance solutions. Since the launch of its…
OakNorth Provides $20 Million Loan to Support Senior Housing Acquisition in the U.S.
OakNorth, the UK-based digital bank specializing in lending to entrepreneurs, has extended a $20 million loan to a joint venture between Sabal Investment Holdings and 12 North Capital. The financing facilitates the acquisition of a non-performing loan secured by three Class A memory care facilities located in Leesburg and Warrenton, Virginia, and San Antonio, Texas….
UKREiiF: A Vital Sector Barometer Yet an Exhausting Experience
The UK Real Estate Investment & Infrastructure Forum (UKREiiF) in Leeds is fast becoming one of the most significant events in the real estate and infrastructure calendar. It offers unparalleled access to key industry players, provides invaluable insights into market trends, and fosters vital connections. However, for all its energy and opportunities, UKREiiF can also…