Londonmetric to hike dividend by a fifth following mega-merger June 4, 2024 Londonmetric swung from a loss to £118m profit in 2024 as the real estate investment trust reported a 22 increase in rental income.
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.
London prime property: How non-dom tax changes will impact the market May 28, 2024 Prime central London property prices are expected to fall by one per cent this year, after it was previously predicted they would rise by a percentage.
Meltdown and Merlot: enquiries about luxury nuclear bunkers reach record high May 26, 2024 The UK's super rich are enquiring about nuclear bunkers at record levels, according to a leading provider of the apocalyptic safety net.
London’s West End gets welcome boost with return of foreign tourists May 23, 2024 An influx of foreign tourists over the past 12 months has delivered a boost for the West End's biggest landlord, Shaftesbury Capital, as it reveals its first financial results since its £3.5 bn takeover last year.
Sir David Clementi: King’s Cross chief ends 16-year stint before Google move-in May 22, 2024 City grandee and former BBC chair Sir David Clementi will step down as head of King's Cross Central, marking the end of a 16 year stint at the company.
Watkin Jones returns to profit after successful business restructure May 21, 2024 Property developer Watkin Jones returned to profit in the first half of the year after a successful business restructuring following a year of losses.
Not another one? Abrdn property trust moves to shutter May 20, 2024 Another Abrdn trust has moved to shutter after struggling to drum up enough interest from investors, as the number of trusts continues to decline rapidly. The £234m Abrdn European Logistics Income trust, which focuses on the European property market, reached the conclusion of its strategic review that in began in December, with its board recommending [...]
Helical sells stake in new City of London development to Orion Capital May 20, 2024 "We are pleased to be partnering with Orion Capital Managers on the development of this best-in-class, carbon friendly new building, to be completed in Q1 2026," Helical boss said.