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Barratt Developments today said pre-tax profits rose 113% in the final six months of 2012, crediting better lending conditions and the government’s NewBuy scheme for the improvement.
Intu has established a new debt vehicle to refinance four of its shopping centres and completed a £250.5m deal to buy Midsummer Place in Milton Keynes.
Segro’s net asset value (NAV) dipped 6.2% in 2012 due to the performance of its “non-strategic” assets and south east offices.
All but four of London’s Boroughs are likely to seek an exemption from new rules making it easier for developers to convert offices into homes.
Barratt London has bought an office and retail block in Westminster for a £100m residential development.
Nuffield Health has started search for a new 40,000 sq ft headquarters in Guildford.