Finance news on propcos
Innovation-led assets drive 68% leap in profit at Bruntwood
Bruntwood has reported its second best ever profit, at £75.2m, and a 10.7% jump in net asset value (NAV) for the year to the end of September.
Caisson and iO agree merger
Caisson Investment Management and iO Asset Management have agreed to merge, combining around £1bn of light industrial and logistics assets under management across the UK and Europe.
Palace Capital embarks on second shareback in a less than a year
Palace Capital is set to launch another share buyback programme, following its repurchase of 2.3m shares in July 2022.
Target Healthcare suffers NTA hit as yield movement forces valuation fall
Valuation falls at Target Healthcare led to a drop in net tangible assets (NTA) during the final three months of 2022.
ReSI reveals NAV fall
Residential Secure Income (ReSI) has reported a fall in net asset value (NAV) during the final quarter of the year.
