Finance news on propcos
LondonMetric has bought ten single let properties for £55m from the ACT Foundation.
British Land chief executive Chris Grigg’s total pay has risen from £1.9m to £2.2m driven by a sharp increase in his annual bonus.
First Property Group has reported an 11% rise in net asset value in its annual result this morning.
Inland Homes has sold its Brooklands College site in Ashford, Middlesex, to housing association A2 Dominion in a £94.7m deal.
OnTheMarket has revealed an operating loss of £10.8m in its annual results following a lack of cash and a costly litigation battle in the run up to its float on the junior stock market earlier this year.