All Finance articles – Page 11
-
NewsNew bill to modernise ‘clunky’ business rates system
Government introduces bill to overhaul business rates ahead of revaluation.
-
News
Bank crisis looks set to pause but not crash property market
Experts say bank wobbles may have temporary impact on property but long-term investment outlook is good.
-
News
Rangeford Villages acquires Surrey retirement community site
Rangeford Villages has exchanged contracts on a five-acre site in Dorking, Surrey, where it plans to develop 153 apartments for a retirement living community.
-
Online
Vanguard takes space in Manchester’s Landmark office scheme
Investment group Vanguard has taken space in Barings Real Estate’s Landmark office scheme in Manchester.
-
News
Office market set to see drop in sales values for Q2
The office market is forecast to see the greatest fall in sales values over the next quarter compared to industrial, retail and leisure, with prices per square foot predicted to fall by 2.7%, according to Robert Irving Burns (RIB).
-
Online
Inflection targets £100m of logistics and warehouse acquisitions for investment platform
Inflection Real Estate plans to acquire £100m of UK logistics and retail warehouse space over the next 18 months in partnership with commercial property investment tech platform Propshare, Property Week can reveal.
-
Online
LondonMetric sells five industrial units for £34.8m
LondonMetric Property has exchanged on the sale of five warehouse and industrial assets in two transactions for £34.8m
-
Online
Landsec acquires remaining 50% of St David’s shopping mall in Cardiff
Landsec has secured 100% ownership of St David’s shopping centre in Cardiff, following its purchase of the debt secured against the 50% share of the asset previously owned by intu.
-
Online
NAV and profit fall at Impact Healthcare
Net asset value (NAV) at Impact Healthcare REIT dipped 2% during the year to the end of December, reflecting the outward movement of yields across the property sector.
-
Online
Bellway suffers profit fall in first half
Housebuilder Bellway has reported a fall in half-year profits and revealed a £100m share buyback.
-
Online
Losses increase despite revenue rise at essensys
Flexible workspace tech group essensys has posted a loss before tax of £7.7m for the six months to the end of January, compared to £4.7m a year earlier, despite an 18% rise in revenue for the first six months of its financial year.
-
News
Life Science REIT set to benefit from record high take-up in the Golden Triangle
Life Science REIT said it would benefit heavily from its assets in the UK’s Golden Triangle, where take-up from life science firms hit a five-year high of 1.4m sq ft last year, as it reported robust full-year results for 2022.
-
News
Directors quit Vistry after row over bumper bonus deal for CEO
Two non-executive directors at major housebuilder Vistry have quit the company following a row over a potential huge new pay deal for the firm’s chief executive.
-
News
Interest rate rise hits Allsop’s March auction
Allsop’s sales success dipped at its 23 March auction compared to the previous month, as the firm said investors were affected by the recent Bank of England interest rate rise.
-
News
Clive Emson tops £16m mark at latest sale
Clive Emson raised a total of over £16m at its latest online sale on 22 March, the star lot being a block of eight flats in Margate that sold for £850,000.
-
News
Target Healthcare rebases dividend as interest rates increase
Target Healthcare is rebasing its target dividend to a “sustainable level” to reflect the higher interest rate environment, according to its half-year results for the six months to the end of 2022.
-
News
Sirius Real Estate appoints Bowman as CFO
Sirius Real Estate has appointed Chris Bowman as chief financial officer (CFO), effective from 29 August, following his departure as head of UK investment banking arm of Berenberg.
-
News
Inland Homes shares to be suspended
Trading in shares of housebuilder Inland Homes will be frozen on 3 April due to the company being unable to publish its audited results before the 31 March 2023 deadline.
-
News
Real estate set to churn but ‘remain net stable’ for 2023
Real estate is set to see some slowdown this year but will remain net stable with no change, according to real estate financial services firm Crestbridge.
-
News
Aprirose spends £10.6m on Whetstone Travelodge and Halfords site
Real estate investor Aprirose has acquired for £10.63m the freehold of an asset in Whetstone, north London, let to Travelodge with 18 years remaining on the lease, from Aviva Investors.
