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DevSecs

@DevSecs

A leading FTSE-listed real estate developer and investor. Creating value through regeneration in locations across the UK where demand is in evidence.

 London
developmentsecurities.com
Joined December 2013
  • Tweets55
  • Following27
  • Followers276
2015 prelims: £10m special dividend & 9.4% increase in final dividend reflects our strong cash flow and focus on capital discipline
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2015 prelims: step change in performance. Record level PBT driven by 69% increase in development & trading gains bitly.com/1JFTMib
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£10m (8pps) special dividend announced as record level development and trading profits set to be delivered in FY2015 bit.ly/1JFTMia
Michael Marx to stand down as CEO, replaced by Matthew Weiner w/ Richard Upton as Deputy CEO + Marcus Shepherd as FD. bit.ly/1EqiZZo
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£12.3m sale of Colston Tower, a prominent office block in Bristol, to Resolution Property. Capital + profit released for further investment.
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£41.0m of funding secured to develop Morrisons foodstore at 399 Edgware Road. Significant milestone achieved at this £150m development.
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Axis Tower. An iconic new residential development in the heart of Manchester with @Prop_Alliance will start early '15
Image from DevSecs (@DevSecs)
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Delighted to have secured planning for Axis Tower. Iconic new 27-storey residential development in the heart of Manchester @Prop_Alliance
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DevSecs interim results: underlying profitability of business more than doubled. Business approaching "critical mass" bit.ly/1tacrsD
Sale of majority of Romford mixed-use asset for £12.3m to Henderson Global Investors bit.ly/1qhZ2K6
Two investment assets acquired for £18.6m in Chippenham and said up #recyclingequity bit.ly/1qZZc8L
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10HG now fully let! Philip Morris & Fox International Channels join UKTV & Accor at our award winning office scheme bit.ly/Y61hcq
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Cathedral exchanges contracts with Brighton & Hove Council for a major new regeneration project, Preston Barracks. bit.ly/1mTwxnv
Hotels group Accor signs lease on 25,000 sq. ft. @TEN_HG Whole building now let or under offer @Property_SWIP bit.ly/1pzZNP7
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Development site in Dublin acquired for €40.5m with planning permission for 166,000 sq. ft. prime office building bit.ly/1v0d2Ko
Plans unveiled for major designer outlet village in #Cannock @GoughBW @CannockChaseDC @DevSecs birminghampost.co.uk/busines…
Image from BusinessLive West Midlands (@BusinessLiveWM)
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Prominent Waterloo office building acquired for £87.0m in JV with Proprium bit.ly/1pcQPZ6
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RT @mrmikephillips: For insight into how @devsecs and Cathedral work together check out propertyweek.com/west-london… #TheOldVinylFactory
West London gets its groove back

West London gets its groove back

A once-abandoned record factory in west London is buzzing with plans for high-tech manufacturing, homes, leisure - and new funding from the mayor and M&G Investments. Owners Cathedral Group and...

propertyweek.com
DevSecs buys Cathedral Group, joining up two groups of property's good guys.
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Acquisition of specialist regen developer, Cathedral. Strengthend senior management team & exands project portfolio bit.ly/1qBLEFI
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