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Property

  • Warehouse REIT completes £57.5m of sales to reshape portfolio and boost dividends

    June 24, 2024

    Warehouse REIT, the real estate investment trust, has completed £57.5m worth of sales as it looks to reshape its portfolio and increase its dividend coverage.

  • Urban Logistics REIT sees rent boom while eyeing expansion

    June 20, 2024

    Urban Logistics REIT saw rental income jump 8.4 per cent last year, as the company looks to deploy capital and continue expanding.

  • End of an era: The man behind Canary Wharf’s rise to step away after 36 years

    June 19, 2024

    Canary Wharf chairman Sir George Iacobescu is to step down as chair of the developer

  • Housebuilding targets ‘extremely challenging’ without extra funding, think tank warns

    June 19, 2024

    Neither party has committed any extra funding to boost housebuilding numbers, which will make it difficult to reach the target.

  • House of St Barnabas liquidators begin hunt for buyer

    June 18, 2024

    The liquidators managing the collapse of The House of St Barnabas (HOSB) have kicked off their hunt for a buyer for its historic Greek Street address six months after the charity-cum-private members club was forced to close.

  • Confidence in UK property market starts to dip ahead of election

    June 13, 2024

    Confidence in the UK housing market is starting to dip despite signs of improvements in recent months, according to the latest property surveyor report from the Royal Institution of Chartered Surveyors (RICS). 

  • GPE’s rights issue brings in the money for property group

    June 12, 2024

    Demand for the Great Portland Estates (GPE) rights issue was strong according to the company.

  • Special Opportunities London listing falls flat after REIT fails to meet fundraising target

    June 12, 2024

    Special Opportunities REIT has pulled its IPO, scuppering the first stock market listing of a UK real estate investment trust in three years.

  • Number of borrowers behind on mortgages jumps to eight-year high

    June 11, 2024

    Households are continuing to feel the strain from the Bank of England's interest rate hikes with the share of mortgages in arrears continuing to creep up.

  • Olympia London: ‘Transformative’ glass canopy added to £1.3bn Hammersmith project

    June 11, 2024

    Olympia, the £1bn regeneration scheme in Hammersmith, has unveiled its “transformative” glass canopy as construction works continue to get underway for the landmark development. 

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