Propertyweek.com Website Review

Key court decisions of 2018: the year’s top 10 legal cases in property Global Infrastructure Partners is selling 50.01% of Gatwick to Vinci Airports for £2.9bn. Starwood European Real Estate Finance has agreed a £41.25m loan to part-fund a prime mixed-use scheme in central London with Starwood Tritax Big Box REIT has completed the forward-funding acquisition of an Amazon fulfilment centre in the North East for £147.3m. Stenprop has acquired a portfolio of multi-let industrial properties from Hanste*n for £72.2m. Palace Capital has acquired the freehold interest in One Derby Square in Liverpool for £13.975m, reflecting a 6.75% net initial yield. UK Commercial Property REIT (UKCM) has bought five warehouses in the Midlands for £85.4m. Triple Point Social Housing REIT has secured a new £70m revolving credit facility with Lloyds Bank. Starwood European Real Estate Finance has agreed a £41.25m loan to part-fund a prime mixed-use scheme in central London with Starwood Triple Point Social Housing REIT has secured a new £70m revolving credit facility with Lloyds Bank. In 2019 the role of digital connectivity and the rollout of digital infrastructure will remain high on the agenda, both for the government Homes England is now the only government housing agency tasked with solving the housing issue and has £1bn in funding to support The private rented sector will always see its fair share of successes as well as schemes that don’t perform as well - 2019 will see it continue to be an emerging as*et clas* where early investors don’t have an established game plan to follow. The fourth quarter of the year is usually the most active, as buyers and sellers scramble to close deals by the year end, but this year investment volumes are expected to be dragged down by the uncertainty surrounding Brexit. UK commercial development director says the firm will target university cities and areas with good tourism A no-deal Brexit could hit commercial property prices by 48%, the Bank of England says, but not all agree