The latest finance news for property companies including results and updates
By David Parsley
Segro’s chief investment officer Phil Redding is leaving after 25 years amid a senior management overhaul at the industrial and logistics giant.
LSL Property Services has revealed it expects the group’s underlying operating profit for 2019 to come in “slightly ahead” of expectations, despite a 4% drop in revenue.
Annual profit at retirement home developer and manager McCarthy & Stone has slumped 25%, despite an 8% rise in revenue.
Shopping centre giant Intu and its joint venture partner the Canada Pension Plan Investment Board have sold its Asturias mall in Spain, to the ECE European Prime Shopping Centre Fund II for €290m (£245m).
Cabot Square Alternatives (ALTS) is targeting a £200m listing on the London Stock Exchange, claiming it will provide a new model for investors to access the sector.
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