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Property

  • Top-end priced UK properties may take four times longer to leave market

    July 25, 2026

    Property sellers in Britain asking for too high a price who have to reduce it to make a sale take four times as long to sell than those listing an accurate initial asking price. According to new research from estate agent Savills, 33 per cent of sales required the asking price to be slashed to [...]

  • Housebuilder hits a wall: How did Vistry become the UK’s most shorted stock?

    July 24, 2026

    Vistry, the “nation’s favourite housebuilder,” has become the UK’s most shorted stock. From a shift to a bold new model to hopes that it can fuel Burnham’s housing vision, Felix Armstrong unpicks the firm’s recent history Back in 2024, Vistry boss Greg Fitzgerald was brimming with optimism. The housebuilder’s ambitious switch from a private market [...]

  • FTSE 100 Segro ‘minded to accept’ £14bn Prologis takeover

    July 22, 2026

    Segro has said it is “minded to accept” the £14bn takeover offer tabled by US real estate giant Prologis.  The FTSE 100 property firm said on Wednesday evening that the terms of Prologis’s fourth bid are at a level it would be willing to recommend to its shareholders.  Segro’s update came just five minutes before [...]

  • Prologis tables ‘best and final’ £14bn offer for Segro

    July 22, 2026

    US real estate firm Prologis has tabled a “best and final” £14bn offer for Segro, the FTSE 100 property company it has been pursuing for weeks.  The Californian property company said its latest offer, which values Segro at £10.32 per share, is a “compelling opportunity for both sets of shareholders”.  This bid marks the latest [...]

  • London house prices fall again as property slowdown drags on

    July 22, 2026

    London house prices fell again in May as uncertainty over Andy Burnham’s premiership dampened market confidence.  The average house price in the capital slipped by 3.7 per cent to £545,000 in the year to May, according to the Office for National Statistics (ONS).  Prices jumped in the rest of the country, though the headline rate [...]

  • Housebuilders urge Rayner to ‘hit the ground running’ and rip up planning red tape

    July 22, 2026

    Housebuilders have called on Angela Rayner to “hit the ground running” and rip up planning red tape after her surprise comeback as housing secretary.  Rayner resigned as housing secretary in September over an investigation into her tax affairs but was cleared of wrongdoing in March this year.  Leading housebuilding figures told City AM they welcomed [...]

  • Prologis pursuit of Segro descends into silver-haired scrap

    July 22, 2026

    Prologis’s attempt to take over Segro has descended into a spat over the age of its chief executives as the US firm looks to convince the FTSE 100 company’s shareholders to accept its offer, City AM can reveal. New York-listed Prologis, the world’s largest listed real estate company, has warned Segro’s investors that 65-year-old boss [...]

  • FTSE 100 property giants urge Burnham to unleash London office construction

    July 20, 2026

    London’s leading property giants have urged Andy Burnham to unleash a wave of new office construction in the capital to boost the UK’s stagnant productivity and sluggish growth. The London Property Alliance (LPA), which represents the capital’s 300 biggest property developers and investors, has written to the incoming Prime Minister urging him to designate central [...]

  • FTSE 100 property giant Segro rejects £13.5bn Prologis bid

    July 20, 2026

    Segro has rejected a second and third takeover bid from US rival Prologis, as the tussle between the two property giants steps up a gear. The FTSE 100 real estate firm rejected Prologis’ latest bid last week, which amounted to £9.93 per share and valued the group’s total shares at £13.5bn.  Prologis said its latest [...]

  • Crest Nicholson shares slump as lender talks drag on 

    July 16, 2026

    Crest Nicholson shares dropped after the housebuilder posted a £35m loss and told investors it is still locked in talks with its lenders.  The London-listed firm had delayed the publication of its results in the hopes of seeking emergency permission from its creditors to loosen the terms of its debt, but said on Thursday that [...]

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