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PROPERTY COMPANIES
Great Portland posts stellar outperformance
Great Portland Estates has increased its net asset value per share by a sizeable 10.7% over the year ending 31 March, it was announced this morning.
Big Yellow enjoys “a little more optimism” after profit increase
Storage company Big Yellow Group today reported an 8% rise in profit, as its chairman confided a little more optimism about the market than in previous years to shareholders in its annual results.
Cheesegrater 51% prelet after 111,000 sq ft deal
British Land and Oxford Properties have exchanged contracts with insurer Amlin to prelet 111,000 sq ft of space at the Leadenhall Building in the City of London, also known as the Cheesegrater.
Hansteen portfolio value up 4.1%
Property investment firm Hansteen Holdings says the value of its portfolio increased by 4.1% or £43.2m, driven by the Sterling/Euro exchange rate.
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DTZ demerger “likely”, says UGL
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Hammerson offers to buy back £100m of bonds
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Capital & Regional to sell around £150m of assets
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British Land NAV creeps up in “tough market”
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CapCo highlights Covent Garden success
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British Land techs drive
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LandSecs finds buyer for 100,000 sq ft Southwark office block
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CBRE revenues up 9% on increased sales
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Lloyds invites trio to share in its distress
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High yields tempt Grosvenor to venture beyond Mayfair
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Grosvenor profits up 8.2%
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Co-op Estates bets on Legacy Portfolio skills
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Prupim turns M&G Real Estate
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Conygar secures new debt deal
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Blackrock on MGPA pole
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Stock exchange sale is boon for Mitsubishi