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Property

  • British Land: Shift away from shopping centres helps deliver full year growth

    May 22, 2024

    British Land said its strategy of shifting its focus away from assets such as shopping centres is “delivering”, as it posts modest growth in the full year. 

  • Watkin Jones returns to profit after successful business restructure

    May 21, 2024

    Property developer Watkin Jones returned to profit in the first half of the year after a successful business restructuring following a year of losses.

  • Segro comes to Tower Hamlets with new urban logistics facility

    May 21, 2024

    The FTSE 100-listed property trust said today that its new Segro Park Wapping will contain 95,000 square feet of flexible employment space

  • Yours for just £60m: New flats with private sauna and views of Hyde Park hit the market

    May 20, 2024

    A £500m apartment development which offers views of London's Hyde Park and Kensington Palace Gardens has released the final phase of luxury apartments available for purchase. 

  • Not another one? Abrdn property trust moves to shutter

    May 20, 2024

    Another Abrdn trust has moved to shutter after struggling to drum up enough interest from investors, as the number of trusts continues to decline rapidly. The £234m Abrdn European Logistics Income trust, which focuses on the European property market, reached the conclusion of its strategic review that in began in December, with its board recommending [...]

  • Helical sells stake in new Canada development to Orion Capital

    May 20, 2024

    "We are pleased to be partnering with Orion Capital Managers on the development of this best-in-class, carbon friendly new building, to be completed in Q1 2026," Helical boss said.

  • British Land sells stake in Meadowhall Shopping Centre at a premium

    May 20, 2024

    The transaction values the entirety of the Sheffield shopping centre at £734m,.

  • House prices rise as spring selling season boosts UK property market

    May 20, 2024

    The average price of UK property coming to the market reached record levels in May, rising by £2,807, as the spring selling season lends itself to the recovery of the housing market. 

  • Nine in 10 landlords raise rents for existing tenants

    May 20, 2024

    Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.

  • Chinese central bank holds rates after authorities unveil historic property sector rescue

    May 20, 2024

    The Chinese central bank maintains its key lending rates following the unveiling of a historic property sector rescue plan by authorities.

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