Latest Finance News
NAV at UKCM up as economy recovers from pandemic
UK Commercial Property REIT (UKCM) has posted a 4% rise in net asset value (NAV) during the six months to 30 June.
BidX1 set to offer mix of properties at October sale
BidX1 has released its next catalogue for its 14 October sale, comprising 17 residential and commercial properties.
McHugh & Co unveils 140-lot catalogue
McHugh & Co has released a 140-lot catalogue for its 14 October online sale.
Retail assets popular at Acuitus and Allsop commercial auctions
Allsop sold £94.5m worth of property while Acuitus raised almost £23.6m in their respective September auctions.
Ace Liberty and Stone swings back into profit, but investors await dividend
Ace Liberty and Stone swung from an annual loss to profit despite a fall In revenue during the year to the end of April.
Modular housing group secures £60m to expand sustainable homes roll out
Modular housing group ilke Homes has raised £60m to scale up its operations and deliver more than 10,000 homes over the next five years.
Montagu Evans poaches Colliers finance director
Planning and development consultancy Montagu Evans has appointed David Jones as finance director.
Financial services group signs up for new 25-year lease at Cheadle Royal
Greater Manchester-based specialist lender Together has taken a new 25-year lease on its £39m headquarters at Cheadle Royal Business Park.
Argent loaned £126m for TOG’s King’s Cross flexi office
Argent has secured a £126m loan facility for the development of The Office Group’s (TOG) 170,000 sq ft flexible office scheme at King’s Cross.
Investec provides its first modular loan for Guildford PBSA scheme
Investec Real Estate has provided its first modular development loan, of £10.8m, to Stelling Properties Group to fund the development of Riverside House, a student scheme in Guildford.
Home REIT raises £350m to fund further investment
Home REIT has raised £350m through the issue of 321.1 million shares at 109p each.
Supermarket Income REIT posts annual earnings growth
Supermarket Income REIT posted a rise in its earnings for financial 2021 as it expressed confidence in its performance post-pandemic.
Values on course to see best quarterly growth since 2014
Liberum records 1% values growth across most sectors in August, with Covid losses set to be recovered in Q3.
Stock Market
Marley Group plans flotation on London Stock Exchange
Marley Group said it is considering an initial public offering and plans to float on the main market of the London Stock Exchange.
Property Funds
Housing Growth Partnership launches new £300m fund
The Housing Growth Partnership has launched a £300m fund to support SME and regional housebuilders in the UK.
Modular housing group secures £60m to expand sustainable homes roll out
Modular housing group ilke Homes has raised £60m to scale up its operations and deliver more than 10,000 homes over the next five years.
PW Share Index
Review the latest share prices of the FTSE-listed property investment companies using data provided by the European Public Real Estate Association.
