Latest Finance News
Omani billionaire PNC Menon has revealed plans to list his multi-national real estate company on the London Stock Exchange.
Troubled housebuilder Crest Nicholson has poached Galliford Try boss Peter Truscott as its new chief executive, replacing Patrick Bergin in September.
Hansteen’s founders Morgan Jones and Ian Watson are set to cash in around £7m of shares after receiving another chunk of stock worth around £22m between them at the end of 2018.
Sports Direct is considering a cash offer to buy Debenhams in the latest attempt by the sports retailer to gain control of the ailing department store.
F&C Real Estate Investments has warned of “a period of market volatility and heightened levels of risk aversion from both occupiers and investors” ahead as it said it had experienced six months of challenging conditions.
LondonMetric has sold two logistics warehouses, in Sheffield and Wakefield, for £67m to Exeter Property Group.
Debenhams’ share price plummeted 61% after it announced it is looking to raise £200m from its existing investors.
Supermarket Income REIT has raised £45m from its share issuance, surpassing its target of £40m.
Sports Direct has offered to acquire Debenhams’ Danish business for £100m and place Mike Ashley at the helm of the struggling department store.
Morgan Sindall’s investment arm has been selected as Brentwood council’s preferred partner to fund the borough’s plans to build new homes and other schemes for the next 30 years.
Henry Boot has posted as 12% rise in net asset value (NAV) during 2018, but believes Brexit will lead to a “challenging year”.
Sports Direct has called for a vote on appointing Mike Ashley to the board of Debenhams via a general meeting.
Like peeling back the skin of an onion, each layer of the property investment market reveals something different about the state of play and, unless you have prepared properly, you may well end up in tears.
DWS has purchased a retail property at 7-9 Henry Street, Dublin on behalf of its Europe II fund, bringing the fund’s gross asset value to €500m (£433.5m).