Vistry shares slide after Allianz ‘cuts insurance cover’ Property Shares in Vistry fell on Monday morning after speculation over its insurance cover prompted fresh fears that the housebuilder is facing cash struggles. The FTSE 250 housebuilder saw its stock slide by nearly eight per cent to 261p in early trading, meaning the firm has shed more than half of its market value in the [...]
PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move Property The current headquarters of Big Four giant PwC at 1 Embankment Place is set to be transformed into a “sustainable workspace” in a bid to attract and retain major firms as renters, as it awaits planning permission. City-based property and asset management firm Bridgemont said on Friday it has submitted a planning application to Westminster [...]
Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board Property London estate agent Winkworth has initiated High Court proceedings against its chair, Simon Agace, for an alleged breach of contract after he and his wife attempted to oust the company’s board, including his son, City AM can reveal. The AIM-listed company, which is one of the UK’s oldest estate agents and specialises in high-end properties [...]
Manchester billionaire tables £583m offer for property developer Harworth August 6, 2026 Billionaire-owned Peel Group has tabled a £583m offer for Harworth as the property developer is poised to become the latest firm to exit the London Stock Exchange. The offer of 172.5p per share represents a premium of 20.1 per cent compared to Harworth’s closing share price yesterday and a 36.9 per cent premium above the [...]
‘Grinding it out’: Ibstock swings to loss and cuts dividend amid building slump August 5, 2026 One of the UK’s biggest brickmakers has bemoaned a ‘challenging’ housebuilding market as it slashed its dividend and swung to a loss. Leicestershire-based Ibstock, which is London’s second most shorted stock with a reported short interest of 12.9 per cent, posted a loss of £27m for the first six months of the year, down from [...]
FTSE 100 Segro agrees to £14bn takeover by Prologis August 4, 2026 FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real estate giants and striking another blow to the London Stock Exchange. The US-based commercial landowner said on Tuesday that it has reached an agreement with Segro’s board which values the British [...]
Housebuilder shares rally on Iran war peace hopes and help-to-buy revival August 3, 2026 Shares in leading London’s listed housebuilders jumped on Monday as investors bet a potential Iran war peace deal and a mooted new help-to-buy scheme would provide a boon to Britain’s flagging property market. FTSE-100-listed Persimmon jumped more than four per cent to 1,152 while mid-cap Vistry gained six per cent to 310p on Monday. Analysts [...]
Rightmove: Housebuilders face worst conditions since financial crisis July 31, 2026 The boss of property portal Rightmove has warned that UK housebuilders are facing the worst conditions since the 2008 financial crash. Johan Svanstrom, the FTSE 250 firm’s chief executive, said on Friday that new home developments are at “historically low levels due to continued softer build rates”. The property platform said growth in its new [...]
House prices slump as Iran war and interest rates hit demand July 31, 2026 House prices slumped in July after the Iran war and higher interest rates squeezed demand and triggered a slowdown in sales. Annual house price growth slowed to 1.8 last month, down from 2.2 per cent the prior month. Month on month, average house prices remained broadly flat, rising by just £58 to reach £277,542, up [...]
High interest rates and low confidence put construction firms under pressure, Lords warns July 30, 2026 Construction firms have been hit by a barrage of reduced market confidence, high interest rates and rising national insurance costs, builders’ merchant Lords has warned, after it suffered its biggest-ever single-day stock fall. The London-based firm released a challenging market update on Thursday, which saw its shares plunge 20.61 per cent to an all-time low [...]