Finance news on propcos
Landsec posts slight increase in rent collections
Landsec has collected 67% of the £110m of rental payments due following the latest quarter day on 25 March, compared to 65% in the previous quarter.
Derwent posts rise in rent collections
Derwent London has collected 87% of March quarter day rents, with a further 5% expected later in the quarter.
Countryside appoints former plumbing boss as chairman
Countryside Properties has appointed John Martin to become the group’s non-executive chairman.
Hammerson in talks with Brookfield to sell UK retail parks
Hammerson has confirmed it is in talks to sell its UK retail parks portfolio to Canadian investment giant Brookfield for around £350m.
LondonMetric completes £38.5m of sales
LondonMetric Property has sold five retail and office assets for £38.5m.
