Sir Rocco Forte enjoys record pay day after hotels empire deal August 13, 2025 The hotels group founded by Sir Rocco Forte has issued a record dividend for the first full year after Saudi Arabia’s Public Investment Fund (PIF) became a major shareholder. Rocco Forte Hotels has paid out dividends totalling £8.9m for the year to 30 April, 2025, to its shareholders. The international hotels group, which is headquartered in [...]
Pool Re: The UK’s secret weapon of insuring against terrorism August 13, 2025 When the private insurance market buckled under the threat of terrorism, the government stepped in to ensure that businesses would not be left alone
KKR snubbed as Assura shareholders vote through PHP bid August 12, 2025 Investors in NHS landlord Assura have voted to accept a bid from its London-listed rival Primary Health Properties, bringing an end to a bitterly fought takeover battle between PHP and private equity behemoth KKR. As many as 63 per cent of Assura’s shareholders voted to approve the £1.8bn cash and equity offer from PHP, accepting [...]
Newcastle Red Bulls: Energy drinks titan can lead rugby renaissance in north August 12, 2025 Red Bull has been tipped to lead a rugby “renaissance in a football heartland” after purchasing Prem Rugby team Newcastle Falcons and enacting a rebrand. Newcastle Red Bulls will join a wider sporting portfolio which includes a Formula 1 team and a string of majority – such as Leipzig – and minority – including Leeds [...]
Average age of first-time buyer in London hits 35 August 12, 2025 The average age of Brits buying their first homes has surged over the past two decades as house prices have risen faster than wages. The average age of a first-time buyer in London was 31 in the mid-2000s, but it has since risen to nearly 35, according to new research from Conveyancing Solicitor. Property expert [...]
Derwent: Central London office rents firmly in recovery August 12, 2025 Derwent London has said the fundamentals of the London office market continue to strengthen despite a “volatile” economic backdrop. London’s office market has been in recovery since the end of last year, with falling interest rates and a return to the office helping to support occupancy. “Demand [is] well above the long-term average and [there’s] [...]
Rushanara Ali just did what any rational landlord would August 12, 2025 As a government minister, Rushanara Ali was foolish, but as a landlord, completely rational. Her case exposes the flaws of rental reform.
Rent on newly-let homes falls for first time in five years after ‘relentless’ rise August 11, 2025 Average rents on newly-let homes have fallen for the first time in around five years, according to a property firm. Across Britain, the average rent on a newly-let property fell by 0.2 per cent year-on-year in July, marking the first annual decline since August 2020, during the height of the Covid pandemic, Hamptons said. Despite [...]
Housebuilders in focus amid Labour’s planning reforms push August 10, 2025 UK housebuilders will be in sharp focus as the sector grapples with construction woes, despite the Government ploughing ahead with plans to stimulate more building. Persimmon and Balfour Beatty will announce their half-year results on Wednesday, and Bellway will provide a trading update on Tuesday. York-based developer Persimmon said in May that forward sales – [...]
The fabulously old school Bangkok hotel with proper Thai hospitality August 9, 2025 Amari Bangkok hotel review: impressively fresh thinking from this Bangkok hotel entering its fifth decade Walking into the Amari Bangkok, you enter into a spectacular atrium where there is dozens of storey’s worth of space above your head. Here in the lobby, there are five staff to every guest and check-in – this is Thailand, [...]