Derwent London achieves 10% NAV growth in first half
Derwent London delivered very strong half-year figures this morning, driven by rental growth and development profits.
24 August 11
Derwent London delivered very strong half-year figures this morning, driven by rental growth and development profits.
17 August 11
Australian shopping centre giant Westfield Group today posted a half-year net profit of A$650.9m, buoyed by growth in its UK operations.
8 August 11
Investors were today urged to buy “quality” shares in companies such as British Land, Land Securities, and Shaftesbury, as the markets react to the downgrading of the US’s AAA credit rating.
2 August 11
Capital Shopping Centres this morning produced an underwhelming set of half-year results that were not as good as rival Hammerson’s.
20 July 11
DTZ this week told staff that any bonuses and salary increases they have earned will be paid in October and December rather than later this month for cash management reasons.
19 July 11
Land Securities today produced a strong first quarter interim management statement, as the UK’s largest property company continued its stellar performance since the market downturn.
18 July 11
Knight Frank is to close its offices at Liverpool, and has placed all staff members in Manchester and Liverpool on redundancy consultation, to be carried out over the next two weeks.
12 August 10
Development Securities has received 75% take-up of new shares offered in its latest rights issue.