Figures due out today are expected to show that the annualised rate of sales of US existing homes fell to 4.4 million in December, from 4.49 million in November. The annual rate of US new home sales is tipped to have risen to 410,000 in December, from 407,000 in November.
Grocery property investor Supermarket Income REIT (SUPR) has acquired four supermarkets for a combined £76.4m, reflecting a combined net initial yield of 5.1%.
Real estate investor UK Commercial Property REIT (UKCM) has sold 71,807 sq ft of office and retail space in the city’s central business district to Birmingham City Council for £26.4m
The Planning Inspectorate has confirmed Navees Rahman will take up the role of interim chief executive from current CEO Sarah Richards when she stands down in the autumn.
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