Finance news on propcos
Retail giant Hammerson is set to fall out of the FTSE 100, following a sharp fall in its share price in the wake of its agreed takeover of rival Intu in December.
PRS REIT has brought forward the closing date of its £250m fund raising following strong levels of demand from investors.
Segro has delivered sharp increases in net asset value, profits and dividends for the year to 31 December 2017, benefitting from a supply shortage of logistical space.
Mayor’s Office for Policing and Crime to buy £240m Empress State Building in Earl’s Court from Capco.
Safestore has increased the number of people in the business who stand to benefit from its long-term incentive plan to 55 following a shareholder rebellion against the self-storage giant’s executive pay policies.