FTSE 100 landowner pulls £1.5bn London shopping centre plans in row with Green council Property A FTSE 100-listed landowner has shelved plans for a £1.5bn shopping centre project in South London after a local Green-run council refused to co-operate with the plans. Property giant Landsec, which owns Lewisham Shopping Centre, said it is “deprioritising” its plans to redevelop the site following a row with the local authority over affordable housing. [...]
Activist investor urges storage firm Big Yellow to put itself up for sale Property Shares in storage firm Big Yellow bounced on Wednesday after an activist investor urged the company to put itself up for sale. The FTSE 250 self-storage provider jumped more than five per cent to 844p after Ancora Alternatives, which owns four per cent of the group, told it to consider a take-private deal. The Ohio-based [...]
FTSE 100 Segro agrees to £14bn takeover by Prologis Property FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real estate giants and striking another blow to the London Stock Exchange. The US-based commercial landowner said on Tuesday that it has reached an agreement with Segro’s board which values the British [...]
Prologis pursuit of Segro descends into silver-haired scrap July 22, 2026 Prologis’s attempt to take over Segro has descended into a spat over the age of its chief executives as the US firm looks to convince the FTSE 100 company’s shareholders to accept its offer, City AM can reveal. New York-listed Prologis, the world’s largest listed real estate company, has warned Segro’s investors that 65-year-old boss [...]
FTSE 100 property giant Segro rejects £13.5bn Prologis bid July 20, 2026 Segro has rejected a second and third takeover bid from US rival Prologis, as the tussle between the two property giants steps up a gear. The FTSE 100 real estate firm rejected Prologis’ latest bid last week, which amounted to £9.93 per share and valued the group’s total shares at £13.5bn. Prologis said its latest [...]
Workspace urges investors to block ‘destructive’ Saba proposals July 9, 2026 Flexible office provider Workspace has called on investors to block “destructive” attempts by notorious activist investor Saba to force a sell-off of its properties. The FTSE 250 firm issued a plea to shareholders on Thursday urging them to vote against each of the proposals submitted by the New York-based hedge fund to its annual general [...]
FTSE 100 property firm slams ‘opportunistic, one-sided, inadequate’ takeover offer July 8, 2026 Real estate investment trust Segro has issued a strongly-worded rebuttal of the £12.6bn takeover bid tabled by its US rival. In a scathing updated to investors, the FTSE 100 property firm branded Prologis’s offer “opportunistic, one-sided and inadequate”, after the American investment behemoth proposed combining the two companies into a mammoth investment trust last month. [...]
FTSE 100 Segro shares rocket as it fights off £12.6bn swoop by US real estate giant June 24, 2026 Real estate investment firm Segro has rejected a £12.6bn bid from a US fund looking to combine the two companies into one mammoth investment trust. Prologis said it had gone public with its offer in a bid to convince Segro shareholders to back the deal. As part of Prologis’ offer, Segro stocks would be valued [...]
Saba ramps up demands for Workspace break-up June 17, 2026 Notorious activist investor Saba has dialled up its efforts to force a London-listed property trust to sell off its portfolio of offices, warning the firm’s revamped strategy was fraught with “considerable execution risk”. In an excoriating open letter, the New York-based hedge fund, which is run by pugnacious founder Boaz Weinstein, called on flexible office [...]
Soho House: How billionaire Tyler Morse and his former boss are buying up London August 19, 2025 Soho House marked the end of its four-year spell on the Nasdaq this week after it reached an agreement to be taken private by US hotel giant MCR in a $2.7bn (£2bn) deal. The swish members’ club, which was founded in Soho’s Greek Street by restauranteur Nick Jones in 1995, has grown into a sprawling [...]