China’s Caixin PMI shows most rapid services sector growth in 10 months June 5, 2024 China's services sector experienced a notable surge in May, marking its most rapid growth in 10 months.
Blackstone in ‘exclusive’ talks to buy Village Hotels June 4, 2024 Private equity investor Blackstone is reportedly in exclusive talks to buy mid-market chain Village Hotels for circa £850m.
US private equity giant Blackstone snaps up 1,700 homes from Vistry as it drives to become major UK landlord June 4, 2024 Blackstone and Regis Group have inked a deal to buy 1,700 homes from developer Vistry. The private equity firm and its joint venture partner Regis will shell out £580m for the portfolio of new build homes across the South East of England.
Brookfield Asset Management mulls Tritax Eurobox takeover June 4, 2024 Another real estate investment trust could be about to disappear from the market as a Canadian investment firm chaired by former Bank of England governor Mark Carney is mulling whether to make an offer.
Sirius Real Estate ups dividend for tenth consecutive year as profit rises June 3, 2024 Industrial park and flexible workspace provider Sirius Real Estate has provided its tenth consecutive year of dividend increases, upping it by 6.5 per cent.
Estate agent chain Fine and Country snapped up by London-listed group TPFG June 3, 2024 Estate agency chain Fine and Country has agreed to be sold to The Property Franchise Group (TPFG) in a deal worth roughly £20m in the sector's latest tie-up.
Galliford Try secures bumper contract to rebuild controversial immigration centre May 31, 2024 Construction firm Galliford Try has secured two new contracts worth £101m as a "testament" to its "strong track record" of collaborations.
House prices “resilient” for now – but will the election throw them off course? May 31, 2024 UK house prices are standing up to the challenge of expected ‘higher for longer’ interest rates and political uncertainty, according to the latest data. Nationwide’s closely watched house price index showed a 0.4 per cent month on month jump in property prices in May, signalling a 1.3 per cent annual growth rate. Whilst still lagging [...]
FTSE 100 today: London markets set to open higher as yields retreat May 31, 2024 Asian stocks rise despite Wall Street slowdown, Nasdaq's biggest drop in a month. All eyes are on US PCE and Eurozone CPI data.
China’s factory activity unexpectedly shrinks in May, puts economic recovery at risk May 31, 2024 China's manufacturing activity unexpectedly contracted in May, adding pressure on policymakers in the world's second-largest economy.