Property companies

The latest finance news for property companies including results and updates

Finance news on propcos

David Atkins of Hammerson

Aggressive US hedge fund takes aim at Hammerson


American vulture hedge fund Elliott has revealed it has snapped up a 1.5% stake in Hammerson, sparking speculation its founder Paul Singer is seeking a shake-up in the board’s strategy and management.

78 92 great portland street

GPE sells West End scheme to M&G for £50m


Great Portland Estates (GPE) has sold its mixed-use scheme at 78-92 Great Portland Street and 15-19 Riding House Street to M&G Real Estate for £49.6m.

Workspace centro1

Workspace buys final two Centro buildings in Camden


Workspace Group has paid £76.5m for Centro 1 and 2, completing its acquisition of all seven Centro buildings in Camden, London.


Capita launches £701m rights issue


Troubled outsourcing group Capita has launched a heavily discounted £701m rights issue in an effort to repair its balance sheet.

Christian ulbrich

JLL boss Ulbrich sees pay leap 53% to $9m despite shareholder rebellion


JLL chief executive Christian Ulbrich’s total pay package rockets 53% to more than $9m (£6.4m) in 2017, as the firm outlines a raft of changes to its executive pay policy following last year’s shareholder rebellion.

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