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      An ex-DJ and a former Lord Mayor: Who is behind Poundland bidder Xyra Group?

      Exterior view of a Poundland store entrance with its teal blue signage and glass doors

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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REIT

  • Rent collection rises at Triple Point as social housing REIT explores £20m portfolio sale

    June 10, 2024

    Rent collection increased to 93.3 per cent at the end of March, up from 90.2 per cent at the end of December.

  • The first trust in a year just debuted – and it’s aiming for £500m

    May 29, 2024

    The first public listing for a trust in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust), an internally managed REIT, said it would look to debut on the London market next month in the largest REIT IPO in well over [...]

  • Regional REIT posts steady earnings amid wider uncertainty

    May 22, 2024

    Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.

  • Warehouse REIT boosts quarterly income 30 per cent with rent hikes

    April 25, 2024

    Warehouse REIT, the real estate investment trust, boosted its rental income for the quarter by over 30 per cent after renegotiating its warehouse rents. In a trading update covering the first three months of 2024, the trust said it had completed 22 transactions, securing £1.4m of contracted rent. The 22 transactions were nine new lettings, [...]

  • Expect more real estate investment trust mergers as the age of the ‘big box behemoth’ dawns

    February 18, 2024

    News about real estate investment trusts (REITs) merging with each other have rapidly emerged this year, as the sector looks to embrace economies of scale.

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