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Property

  • Bobby Arora: B&M bigwig sells London pad near Buckingham Palace for 30 per cent loss

    March 8, 2024

    British billionaire and trading director for budget retailer B&M has sold his London mansion for a 30 per cent loss. 

  • Capital and Regional: Shopping centre owner says footfall on the rise thanks to demand for bargain goods

    March 8, 2024

    The Mall Wood Green owner Capital and Regional has reported a slight uptick in footfall across its shopping centres driven by a demand in customers shopping at discount stores.

  • House prices continue to rise despite higher rates says Halifax

    March 7, 2024

    House prices rose by 0.4 per cent in February, marking the monthly rise in a row, a new report by Halifax has found. 

  • Spring Budget 2024: Renters worry as Hunt coaxes landlords to sell with capital gains tax cut

    March 6, 2024

    Today's Spring Budget saw landlords receive a surprise handout from Chancellor Jeremy Hunt after he cut the rate of capital gains tax applying to residential property by four per cent.

  • Spring Budget 2024: Is levelling up coming to Canary Wharf? Hunt injects £243m into new homes in banking district

    March 6, 2024

    Canary Wharf is set to receive a multi-million pound cash injection to build more homes in the capital’s banking district. 

  • Robust order backlog helps Galliford Try to bumper year

    March 6, 2024

    Galliford Try said pre-tax profits increased in the half year due to an increased demand, and has raised its dividend payout. 

  • Cracks showing at Ibstock as profits collapse despite efforts to slash costs

    March 6, 2024

    Last year saw Ibstock reduce headcount and close factories in an effort to reduce costs

  • LSL Property Services raises expectations as mortgage market improves

    March 6, 2024

    LSL Property Services, one of the UK’s largest providers of mortgage and valuation services, appears to be on the up following an improvement in the UK housing market. 

  • Breedon builds on bumper year with major acquisition in US

    March 6, 2024

    Breedon's chief executive said the "long-term structural deficits" in British housing and construction boded well for the business

  • As Wework’s troubles continue, the company’s competitors are taking advantage

    March 5, 2024

    Troubled Wework is continuing to scale back its offices in London following the filing of bankruptcy in its home market of the US. 

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