All Propcos articles – Page 7
-
OnlineTaylor Wimpey sales rate rises but remains below 2022 level
Housing giant Taylor Wimpey has told investors that its sales rate has increased as the spring selling season kicks in, but warned of the challenges facing first time buyers.
-
OnlineUK capital values return to growth as retail stabilisation continues
UK investment property valuations have shown “a notable return to capital value growth” across the market, according to research from analyst firm Goodbody.
-
OnlineClearbell secures £55m financing deal on The Kodak building
Clearbell Property Partners III has completed a £55m refinancing of The Kodak building in London’s Midtown.
-
OnlineHammerson shows progress ahead of crucial AGM
Hammerson has revealed a 5% increase in rental income ahead of a crucial annual general meeting on 4 May.
-
OnlineIWG announces record quarterly revenue
Serviced office group IWG posted a record quarterly revenue during the first three months of its financial year, growing income by 25%.
-
OnlineGravity appoints Stärka to advise on site acquisitions
Entertainment and leisure company Gravity has appointed real estate adviser Stärka to find sites in the UK and internationally.
-
OnlineSupermarket Income REIT buys Tesco store in Worcester
Supermarket Income REIT has paid the British Steel Pension Fund £38.3m for a Tesco supermarket in Worcester.
-
OnlineMore shareholders voice support for Hammerson in Lighthouse battle
Another raft of Hammerson’s major shareholders have thrown their weight behind the firm’s board and pledged to back its strategy amid a revolt from its largest shareholder Lighthouse Properties.
-
OnlineSEGRO boss Sleath points to signs of stabilising values
SEGRO has told investors that the value of industrial assets is “showing signs of stabilising” following outward yield movements that have dogged property assets over recent months.
-
OnlinePicton lines up office to residential conversions
Picton Property is set to convert a number of its poorly performing office assets into homes to unlock greater value.
-
OnlineWinkworth suffers sharp annual profit fall
Profit at estate agent group M Winkworth slumped 23% in 2022, but remained ahead of pre-pandemic levels.
-
OnlinePHP posts rise in quarterly rental income
Primary Health Properties (PHP) has posted a rise in rental income during the three months to the end of March in a third-quarter trading update to investors.
-
OnlineProperty Franchise Group posts leap in annual profit
Property Franchise Group has posted a 38% leap in profit off the back of a 13% rise in revenue for the year to the end of December.
-
OnlineSirius posts 8% rise in annual rent roll
Sirius Real Estate has told investors that its annual rent roll across its German and UK portfolios increased by 8.1% in the year to the end of March.
-
OnlineTelford Homes and Notting Hill Genesis secure £66m forward-sale of London BTR scheme
Telford Homes, Notting Hill Genesis and London BTR Investments have agreed a £66m forward-sale of the build-to-rent (BTR) element of the Gallions Quarter site at Royal Albert Wharf, in London’s Royal Docks.
-
NewsHome REIT further delays deadline for potential Bluestar takeover
Scandal-hit Home REIT has further delayed the deadline for a decision on a potential takeover by Bluestar Group.
-
OnlineWorkspace posts positive trading update ahead of annual results
Workspace Group has told investors that it is benefiting from “continued resilient levels of customer demand” in an end-of-year trading update.
-
OnlineValues fall 4.7% at NewRiver REIT
NewRiver has revealed a 4.7% fall in the value of its regional retail portfolio over the year to the end of March.
-
OnlineLendInvest boosts AUM by 20%
LendInvest’s assets under management increased 20.5% in the year to the end of March, the group has told investors.
-
OnlineLXI REIT posts 8% valuation fall
LXi REIT has revealed an 8% fall in the value of its long-income portfolio as it suffers from industry-wide outward yield movement.
