Empiric pays £19.75m for Manchester PBSA scheme
Deal is part of operator's expansion of its south Manchester PBSA cluster including Victoria Point Hub, which is set for refurbishment.
13 January 25
Deal is part of operator's expansion of its south Manchester PBSA cluster including Victoria Point Hub, which is set for refurbishment.
13 January 25
Robust industrial valuations helped to offset falls in other sectors.
9 January 25
The group said it is in “active discussions” on £110m of disposals and had identified a further £80m of potential disposals.
9 January 25
The 204,300 sq ft its development at 25 Baker Street has been let to five tenants, following two new leasing deals, which take the office to an annual rent roll of £21.2m.
9 January 25
The group said it expected to achieve a 97% to 98% occupancy rate from September and rent rises of between 4% and 5%.
8 January 25
The scheme, in Chelmsford, Essex, will comprise 99 PRS homes developed for a German institutional client of Invesco Real Estate.
8 January 25
The group’s Victoria Property Holdings (VPH) has announced it made three non-binding indicative offers to the board of GRIF during November and December and has now declared a possible cash offer valued at 34p per share.
7 January 25
On an annual basis, the bank’s research reveals prices increased by 3.3%, taking the average UK house price to £297,166.
6 January 25
Total investment surpassed £2bn, significantly ahead of 2023’s £1.5bn and slightly ahead of the £1.9bn five-year average.
24 December 24
As many investors are distracted by Christmas preparations, Vistry issued a statement to the London Stock Exchange stating that it now expects adjusted profit before tax for 2024 to be around £250m, compared with the group's previous guidance of around £300m.