According to the CEO of one of UK’s biggest listed landlords, office buildings are “melting ice” for investors due to how quickly they depreciate in the current market. Andrew Jones
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In May, house prices in China fell at their fastest rate in nearly 10 years as an oversupply of properties hit the demand despite renewed government efforts to support the
Crest Nicholson, the UK’s largest housebuilder, has cut its dividend and fallen into the red. This highlights the difficulties in the UK real estate sector. The FTSE 250 company warned
A major housebuilder in Britain said that it had made a £650m offer for a competitor developer, as the construction sector is struggling with a severe recession. Bellway informed investors
Blackstone, a US private equity firm, has agreed to buy a number of new homes in the UK to take advantage of soaring rental prices. Blackstone has purchased up to
British Land sold its Meadowhall shopping center in Sheffield to a joint venture partner, a move that highlights the steep decline in retail property prices over the last decade. Norwegian
Private landlords are claiming to be selling their properties, and some blame the uncertainty created by the government’s delays in reforming rental laws. According to official figures, more than 4/10
China may buy millions of unsold homes as part of an ambitious plan to address its current property crisis. Beijing has reportedly been consulting with officials from local governments on
London’s stock market, which has been in turmoil for years, is about to get a boost from a City Property Trust that will list a £500m trust. Special Opportunities REIT
The sharpest fall in house prices since last summer occurred in April, as the recent rise in mortgage rates dampened demand. Nationwide, a high-street lender, reported that prices fell by
Grosvenor is the property company of the Duke of Westminster. It has made a large bet on flexible workplaces in order to meet West End tenants’ post-Covid needs and increase
It was a time when you felt that Foxtons, the London estate agency, owned London. In the noughties its distinctive dark green Mini Coopers with yellow trim were a common
The rapid increase in premiums for car, pet and home insurance has brought the government a windfall worth more than £8billion. HM Revenue & Customs reports that with one month
Evergrande has been accused by the UK of inflating their revenues fraudulently by £62bn. Hui Ka Yan is the founder of the property giant Evergrande. According to the China Securities
Savills boss claims that the commercial property market has suffered more in the last year than even during the global economic crisis. In 2023, the property agent’s profit collapsed as
Persimmon warned investors that they should prepare for another “challenging year” as the company became the latest to announce a sharp drop in profits. The FTSE-100 listed developer, which is
