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Property

  • Home REIT set to sue former investment manager as shareholders circle

    April 18, 2024

    Home REIT has threatened to sue its former fund manager Alvarium today as it faces its own legal challenge from a group of shareholders who claim to have been misled.

  • Foxtons: ‘Value of homes under offer best since Brexit’

    April 18, 2024

    Estate agent Foxtons said improved market conditions helped drive housing sales revenue by 17 per cent in the first quarter of the year, with the value of homes under offer the best since Brexit. 

  • Shard developer to build new skyscraper next to Walkie Talkie 

    April 18, 2024

    Sellar, which previously developed The Shard, plans to build a £500m, thirty-story tower at 60 Gracechurch street.

  • Workspace Group reports ‘resilient’ customer demand in the fourth quarter

    April 17, 2024

    Flexible office space provider Workspace Group reported resilient customer demand in the fourth quarter ending March 31st, completing 343 new lettings. 

  • House prices fall as rents skyrocket by 9.2 per cent and outstrip wages

    April 17, 2024

    UK house prices fell by the least in eight months when the figure edged down by 0.2 per cent on an annual basis in February, against a 1.3 per cent decline in the previous month, the latest reading from the ONS has found. 

  • PwC Hong Kong denies claims about China Evergrande audits in anonymous letter

    April 16, 2024

    PwC Hong Kong has denied claims set out in an anonymous letter circulating on Chinese social media about its audit work for property developer China Evergrande Group. 

  • FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions

    April 16, 2024

    Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.

  • After record rises, London rent hikes ease off

    April 15, 2024

    Rents on private properties in London showed signs of cooling last month, according to a new report, offering a glimmer of hope for the sector after a torrid year.

  • Deal agreed to sell 235-acre failed Britishvolt site to US private equity giant Blackstone

    April 15, 2024

    A deal has been agreed to sell the site of failed EV battery business Britishvolt in Northumberland to a US private equity giant.

  • Former ‘Vote Leave’ Brexit HQ to be transformed into London flats

    April 15, 2024

    An Abu Dhabi backed property group has bought Westminster Tower - the building which formerly housed Brexit's Vote Leave headquarters - for £41m with plans to turn the office block into a new residential development. 

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