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Property

  • Average London rent on the rise as price outside the capital reaches record high

    July 3, 2024

    The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove.

  • UK mortgage market still ‘precarious’ amid uncertainty over timing of interest rate cuts

    July 1, 2024

    Tom Cuppello, director of risk at Broadstone, said the housing market's recovery remained "precarious" amid uncertainty over the timing of interest rate cuts.

  • Regional REIT launches £110.5m capital raising to stave off bankruptcy

    June 27, 2024

    Regional REIT has laid out plans to raise around £110.5m from a new share offer.

  • Landsec: Property giant ups stake in Bluewater shopping centre to two thirds

    June 25, 2024

    Property giant Landsec has acquired an additional 17.5 per cent stake in Bluewater, the out of town shopping centre in Kent, taking its overall ownership to over 65 per cent.

  • Rising rents help Warehouse REIT to bumper year

    June 25, 2024

    Neil Kirton, chair of Warehouse REIT, said that the "standout feature" of the year has been the "resilience" of industrial occupational markets,

  • Warehouse REIT completes £57.5m of sales to reshape portfolio and boost dividends

    June 24, 2024

    Warehouse REIT, the real estate investment trust, has completed £57.5m worth of sales as it looks to reshape its portfolio and increase its dividend coverage.

  • Urban Logistics REIT sees rent boom while eyeing expansion

    June 20, 2024

    Urban Logistics REIT saw rental income jump 8.4 per cent last year, as the company looks to deploy capital and continue expanding.

  • End of an era: The man behind Canary Wharf’s rise to step away after 36 years

    June 19, 2024

    Canary Wharf chairman Sir George Iacobescu is to step down as chair of the developer

  • Housebuilding targets ‘extremely challenging’ without extra funding, think tank warns

    June 19, 2024

    Neither party has committed any extra funding to boost housebuilding numbers, which will make it difficult to reach the target.

  • House of St Barnabas liquidators begin hunt for buyer

    June 18, 2024

    The liquidators managing the collapse of The House of St Barnabas (HOSB) have kicked off their hunt for a buyer for its historic Greek Street address six months after the charity-cum-private members club was forced to close.

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