Crest Nicholson rejects approach from Elliott-backed Avant July 5, 2024 The board of Crest Nicholson has rejected an approach from the Elliott-backed Avant Homes, saying it was "not currently minded to engage" in negotiations with the firm.
Shares in Persimmon, Vistry and Barratt soar as Labour victory boosts market outlook July 5, 2024 Shares in property firms Persimmon, Vistry and Barratt have surged this morning as analysts label the Labour landslide victory a "positive" for house builders.
West End landlord GPE ready to ‘accelerate into favourable conditions’ July 4, 2024 In an update ahead of its Annual General Meeting (AGM) the real estate investment trust (REIT) said it had signed 12 new leases between April and the end of June.
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.