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Real Estate
Taylor Wimpey PLC taking punchy bet on a housing market recovery, say
The 13 sites where final terms are yet to be agreed would probably cost £3-400m, said Peel Hunt, as well the £136m spend on the 12 agreed sites.
Taylor Wimpey PLC (LON:TW.) is a taking a punchy bet on a housing market recovery after its…
Segro PLC acquires London warehouse park for £202mln
The estate provides 55,100 square metres of lettable space across 23 units and 8 acres of land
PLC () announced the acquisition of a warehouse park in West London from investment manager Federated Hermes for £202mln.
The FTSE 100 REIT…
Major real estate firms step up to save Black, Hispanic internships
For the past few weeks, Cedric Bobo, a former investment executive at the Carlyle Group, has spent the better part of his days on video calls, welcoming mostly Black and Hispanic students to paid summer internship programs.When he's not…
OnTheMarket PLC’s low cost proposition brought into focus by pandemic
Key to the ongoing success of OnTheMarket will be its ability to convert estate agents on free or discounted rates to the full-price contracts.
For property search portal OnTheMarket PLC (LON:OTMP), the current financial year was to be…
Homebuyer mortgage demand spikes to 11-year high as rates hit record low
Buyers are rushing back into the housing market, enticed by record low mortgage rates and a pandemic-induced need to nest like never before.Mortgage applications to purchase a home rose 4% last week from the previous week and were a…
America is short more than 5 million homes, study says
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021.Mike Blake | ReutersAnyone searching for a home today knows full well the pickings are…
IRS is giving you more time to invest in this new tax-advantaged strategy
Investors who were sitting on the sidelines during coronavirus will get some more time to partake in a new tax play.Qualified opportunity funds were created by the Tax Cuts and Jobs Act of 2017.They offer taxpayers an incentive to invest…
Property giants ‘offer value’ for patient investors despite retail
Co PLC () and Group PLC () shares offer value for patient investors, broker Peel Hunt believes.
With both companies having withdrawn dividends and with a lack of certainty about the future, Peel Hunt’s analysts said they were…
LondonMetric Property PLC intends to increase dividend, while LXi REIT PLC
LXI said it was trying to “strike an appropriate balance between” protecting the interests of shareholders and providing proportionate support to those tenants impacted by the coronavirus pandemic
() said it has so far collected 84% of…
FTSE 100 rallies, Tesco sales surge but so do costs
Headlines from the Proactive UK newsroom.
FTSE 100 rallied as US markets put in a strong performance overnight. London’s blue-chip index was 46 points higher at 6,192 early doors.
Tesco revealed its bank arm would lose between…