All Propcos articles – Page 4
-
OnlineCustodian waives fees to sweeten abrdn’s £1bn merger deal for investors
Custodian REIT faces competition from Urban Logistics REIT in its bid to take over abrdn.
-
OnlineSupermarket Income REIT’s net tangible assets fall but pre-tax losses are slashed
The value of the group’s supermarkets portfolio fell 3.2% in the last six months of 2023 to £1.68bn.
-
OnlineTarget Healthcare increases net tangible asset value
The value of the group’s portfolio has risen 4.9% in the past six months
-
OnlineLandsec launches £300m bond issue
Firm said the transaction would underpin its future growth opportunities.
-
OnlineRegional REIT considers discounted share issue to pay £50m debt
The REIT has confirmed it is looking at funding options following reports it was considering a £75m equity capital raise.
-
OnlineProfit slumps at Persimmon as firm warns on subdued market
The housebuilding giant has reported a 52% drop in annual profit.
-
OnlineGPE signs TK Maxx London flagship store at West End scheme
The brand’s new space comprises 22,500 sq ft on the ground and first floor, with a 70ft Oxford Street frontage.
-
OnlineRucker to become chairman of British Land in July
He will succeed Tim Score, who will stand down after five years as chairman and 10 years on the board.
-
OnlineShaftesbury completes £75m Covent Garden deal
The group told investors that the acquisition presented asset management and rental growth opportunities.
-
OnlineNet tangible assets rises 4.3% at social housing group Triple Point
Earnings growth and an uplift in the value of assets boosted the company in the year to the end of December.
-
OnlineCapReg delays publication of annual figures
Regional retail investor’s new auditor has requested more time to compile annual results.
-
OnlineLondonMetric and LXi complete £1.9bn merger
Completion of the deal has created a company with a £6.2bn portfolio.
-
OnlineHome REIT vows to sue ‘those responsible for wrongdoing’ as City watchdog probes firm
Troubled housing investor’s threat follows the Financial Conduct Authority (FCA) investigation launched last month.
-
OnlineAnnual profit slumps at Foxtons due to Ludlow Thompson takeover
In its figures for the year to the end of December, pre-tax profit came in at £7.9m, down from £11.9m in 2022.
-
OnlineLosses rocket at IWG but founder confident as group produces record revenue
Global flexible office giant IWG has reported an 80% increase in pre-tax losses.
-
OnlineSiemens invests £100m in Wiltshire R&D facility
The facility will replace the current Chippenham factory on the site.
-
OnlinePPHE Hotels posts record annual revenue figures
A growing occupancy rate was behind a 26% rise in income.
-
OnlineHammerson weighs Value Retail options as annual figures show recovery
Chief executive Rita-Rose Gagné has said the group is considering its options on the £1.9m holding.
-
OnlineSEGRO ups share placing target following strong demand from investors
Industrial property group has increased its fund raising target to between £800m and £900m.
-
OnlineGlenveagh produces stable annual figures
The Irish housebuilding giant said its annual profit nudged up 1% during 2023.
