Sirius Real Estate looks to raise £145m as ‘attractive’ opportunities emerge November 20, 2023 In a positive sign for the listed-property sector, Sirius Real Estate, is looking to raise £145m from investors.
British Land CEO: Planning system will leave Britain lagging behind November 20, 2023 Simon Carter, the chief executive of listed property giant British Land, writes exclusively for City A.M. on the desperate need for an overhaul of the planning regime
FRP Advisory reports ‘strong’ trading as company administrations jump November 17, 2023 FRP, one of the country's leading restructuring firms, said today it expected to report revenue growth of 19 per cent for its half year.
Millions of Brits worried as energy bills set to rise by more than £100 from the new year November 16, 2023 As Ofgem launches a price cap review, a forecast has warned of new year energy price hikes.
GPE: West End landlord upgrades forecasts as workers return to central London November 16, 2023 Great Portland Estates, the London-listed landlord said it had signed 37 new leases and renewals in the six months to 30 September, as workers returned to the office. The West End-focused landlord said market lettings were on average 13.4 per ahead of March 2023’s estimated rental value (ERV) with an annual rent role of £11.2m. [...]
Square Mile and Me: Cashplus CEO Rich Wagner on his career journey… and figuring out where the Square Mile was November 16, 2023 Each week we ask a City figure to take a trip down memory lane. Today Rich Wagner, CEO of challenger bank Cashplus, takes us through his career in the Square Mile.
Why is London’s rental market so crap? November 15, 2023 London’s renting nightmare is not showing any signs of abating. Rents in London jumped at their fastest rate since 2006 in October, rising 6.8 per cent year-on-year up from 6.2 per cent the prior month, according to the latest figures from the Office for National Statistics. The price of a bedroom in a home in [...]
London rents see biggest jump on record amid landlord exodus November 15, 2023 Private rental prices in London saw their biggest jump since 2006 in October, rising 6.8 per cent year-on-year up from 6.2 per cent the prior month, according to the latest reading from the ONS. The figure is significantly less than the amount forked out by tenants across the rest of the UK. Rents across the [...]
House prices to face pressure well into 2024 despite positive updates November 14, 2023 Recent data on the UK's housing market has pointed in contradictory directions, but analysts remain confident that house prices will remain subdued well into 2024.
British Business Investments reports sharp drop in annual profit November 14, 2023 British Business Investments reported a sharp drop in annual profit on Tuesday as it lamented a challenging economic backdrop in the UK. British Business Investments is a subsidiary of the British Business Bank, a government-owned development bank. BBI aims to improve access to alternative finance for smaller businesses in the UK while making a commercial [...]