All articles by David Parsley – Page 4
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OnlineCustodian waives fees to sweeten abrdn’s £1bn merger deal for investors
Custodian REIT faces competition from Urban Logistics REIT in its bid to take over abrdn.
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OnlineSupermarket Income REIT’s net tangible assets fall but pre-tax losses are slashed
The value of the group’s supermarkets portfolio fell 3.2% in the last six months of 2023 to £1.68bn.
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OnlineTarget Healthcare increases net tangible asset value
The value of the group’s portfolio has risen 4.9% in the past six months
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OnlineLandsec launches £300m bond issue
Firm said the transaction would underpin its future growth opportunities.
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OnlineRegional REIT considers discounted share issue to pay £50m debt
The REIT has confirmed it is looking at funding options following reports it was considering a £75m equity capital raise.
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OnlineProfit slumps at Persimmon as firm warns on subdued market
The housebuilding giant has reported a 52% drop in annual profit.
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OnlineMetrocentre posts 17% profit rise as recovery from pandemic continues
Footfall and occupancy are up at UK’s second largest shopping destination.
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OnlineM&G launches £350m European fund
LGPS Central and the Prudential With Profits Fund have invested £300m.
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OnlineGPE signs TK Maxx London flagship store at West End scheme
The brand’s new space comprises 22,500 sq ft on the ground and first floor, with a 70ft Oxford Street frontage.
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OnlineAXA IM Alts secures £480m loan for City of London office scheme
The development loans is one of the largest agreed for any UK speculative scheme since the start of 2023.
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OnlineRucker to become chairman of British Land in July
He will succeed Tim Score, who will stand down after five years as chairman and 10 years on the board.
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OnlineShaftesbury completes £75m Covent Garden deal
The group told investors that the acquisition presented asset management and rental growth opportunities.
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OnlineNet tangible assets rises 4.3% at social housing group Triple Point
Earnings growth and an uplift in the value of assets boosted the company in the year to the end of December.
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OnlineCapReg delays publication of annual figures
Regional retail investor’s new auditor has requested more time to compile annual results.
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OnlineHalifax reports rise in houses prices for fifth consecutive month
The figures “continue to suggest a relatively stable start to 2024”, according to the mortgage lender.
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OnlineFormer TPG exec Abel launches new investment firm
The former TPG partner has launched Greykite Investment Adviser with around £275m of investor backing.
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OnlineCity office block secures £46m refinancing
Kiwoom Securities and Hana Securities have secured the facility for their Cannon Green scheme.
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OnlineLondonMetric and LXi complete £1.9bn merger
Completion of the deal has created a company with a £6.2bn portfolio.
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OnlineHome REIT vows to sue ‘those responsible for wrongdoing’ as City watchdog probes firm
Troubled housing investor’s threat follows the Financial Conduct Authority (FCA) investigation launched last month.
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OnlineAnnual profit slumps at Foxtons due to Ludlow Thompson takeover
In its figures for the year to the end of December, pre-tax profit came in at £7.9m, down from £11.9m in 2022.
