Finance news on propcos
Home completions at Persimmon fall 10%
Housebuilder posted drop in new home completions during the first three months of it financial year, but reported an improvement in sales rates and “firm pricing”.
NewRiver achieves record 98% occupancy during fourth quarter
The group completed 785,100 sq ft of lettings in the year to the end of March at an average 3.6% above estimated rental value.
FT columnist Stevenson joins Workspace board
New non-exec director is an investment columnist and founder of news and analysis service ETF Stream.
Warehouse REIT adds £1.4m to rent roll in fourth quarter
The company secured 22 deals in it fourth quarter at rents an average 28.6% above previous levels.
Ground Rents Income Fund slams government leaseholder reforms over 25% valuation fall
The fund told shareholders that the potential outcome of government legislative change “remains uncertain”.
