All Propcos articles
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Irish housebuilder Glenveagh’s forward order book rises to €963m
Irish housebuilder Glenveagh Properties has issued a robust trading update ahead of its annual general meeting on Thursday.
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Custodian produces solid final quarter figures
The group also revealed a 9% increase in its target dividend from 5.5p to 6p.
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Springfield signs £10m affordable housing contract with Scottish council
The contract is part of the Moray Growth Deal, designed to boost economic performance of the north-east Scottish region.
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Investec promotes Goolab as head of private client real estate lending
She will lead a shift towards targeting more lending in the living sector.
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CapReg bounces back from pandemic as footfall and rental income rise
The group’s net rental income rose 5% and asset valuations grew 2.6% in 2023.
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LGIM launches student living platform with £122m purchase
Company buys two PBSA schemes in Exeter and Glasgow on behalf of Legal & General Retirement Institutional.
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Supermarket Income REIT buys £64m French portfolio
The portfolio comprises 17 Carrefour Market supermarkets.
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GPE makes raft of appointments as it targets 1m sq ft of flex space
GPE’s is looking to double the size of its flexible office portfolio.
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Home completions at Persimmon fall 10%
Housebuilder posted drop in new home completions during the first three months of it financial year, but reported an improvement in sales rates and “firm pricing”.
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NewRiver achieves record 98% occupancy during fourth quarter
The group completed 785,100 sq ft of lettings in the year to the end of March at an average 3.6% above estimated rental value.
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FT columnist Stevenson joins Workspace board
New non-exec director is an investment columnist and founder of news and analysis service ETF Stream.
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Warehouse REIT adds £1.4m to rent roll in fourth quarter
The company secured 22 deals in it fourth quarter at rents an average 28.6% above previous levels.
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Ground Rents Income Fund slams government leaseholder reforms over 25% valuation fall
The fund told shareholders that the potential outcome of government legislative change “remains uncertain”.
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Watkin Jones appoints new CFO and updates on first half
Simon Jones has been appointed to succeed Sergeant as CFO designate and will join the board on 21 May.
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Valor completes £25m double acquisition of London last-mile logistics assets
The deals extend Valor’s UK portfolio to 54 assets across 5.2m sq ft.
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Taylor Wimpey order book falls year on year as home sales dip
Analysts described update as encouraging due to resilient sales in recent weeks.
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Annual profit edges up in ‘record’ year for Property Franchise Group
Gareth Samples, chief executive of TPFG, said the year had represented ”yet another year of record performance”.
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CapReg appoints NHS director to its board
Murphy will also take over as chairman of the group’s audit committee in June.
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Helical shows “cautious optimism” as update flags up new lettings and high rent collection levels
The company has collected 99% of all rent payable for the financial year to 31 March.
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Palace Capital slashes debt with asset sales
The group said the sales provided “various options for returning capital to shareholders”, including a tender offer.