The AIM-listed Indian property developer scrapped a controversial merger plan and signalled its willingness to pay a dividend, a victory for rebel shareholders. Activist investors still want more detail on the status of preference shares that have an annual payout of 12%.
Flexible workspace operator TechHub has entered administration after a restructuring deal with its landlord was rejected.
Social impact investment firm Resonance has raised over £10m in the first close of its Supported Homes Fund, which aims to place people with learning disabilities, autism and mental health problems in appropriate housing.
Property data company Search Acumen has launched a product designed to speed up the due diligence process by giving users access to “real-time” information.
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