The Finnish builder YIT reported a fall in third-quarter profits to €57m (£45.2m), from €82m last time, citing the market shake-up and weakening demand, and said it has halted the construction of 2,400 flats in Russia.
Chinese developer Advanced Business Park (ABP) has secured its first office tenant for its £1.7bn regeneration scheme at the Royal Albert Dock in East London.
Montagu Evans is relocating its London headquarters to larger offices in Nuveen Real Estate’s 70 St Mary Axe.
OakNorth Bank has appointed four new people to its debt finance team and has announced it will open a new office in Birmingham.
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