Finance news on propcos
GPE updates on leasing deals
Great Portland Estate has signed 38 new leases and added £10.3m in annual rent in the three months since the end of June.
abrdn posts NAV rise for European logistics fund
European industrial fund abrdn European Logistics Income has posted a 1.4% rise in net asset value (NAV) for the six months to the end of June.
Ace Liberty and Stone posts 49% pre-tax profit rise, despite Lebanon ‘impairment’
Ace Liberty and Stone almost doubled profit in the year to the end of April despite a fall in revenue.
PRS REIT expects 11% growth in annual NAV
The PRS REIT has told investors that it expects an 11% rise in net asset value (NAV) ahead of its results for the year to the end of June.
Alpha Real Capital raises €100m for European ground rents fund
Alpha Real Capital’s European Long Income Fund (ELIF) has reached the €100m (£89.4m) milestone in raised and deployed capital from institutional investors.
