Rightmove, Britain’s largest property listing company, rejected an initial cash-and-shares bid from Australia’s REA Group, which valued the UK business around £5.6bn. REA, controlled by Rupert Murdoch’s News Corp., stated
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The UK’s largest housebuilder, Vistry, has reported a significant increase in half-year profits, bucking the trend in a challenging market. The company’s decision to focus on affordable homes appears to
In a significant development that has impacted the property sector, FTSE 100 company Segro has announced a £552 million all-share takeover of its smaller rival, Tritax EuroBox. This unexpected move
In a surprising turn of events, British property search powerhouse Rightmove is facing a potential takeover bid from Australian rival Rea Group. The news sent shockwaves through the property and
As the UK housing market continues its rebound, a recent analysis by Zoopla, a leading property website, has revealed that one in five home sellers are being forced to reduce
The UK housing market is gearing up for a bustling autumn season, fueled by the Bank of England’s recent interest rate cut, the first since the onset of the Covid-19
The UK’s commercial real estate market is demonstrating a quicker recovery than its European counterparts after a challenging two-year downturn caused by high interest rates. Recent market data indicates that,
Bill Ackman’s Pershing Square is considering a deal that would delist Howard Hughes Holdings for $3bn, according to regulatory filings. This would represent a significant increase in its investment into
In response to the growing backlash against mass tourism, Spain’s Valencia region in the south has joined a growing list of governments that are cracking down on holiday rentals similar
The housing market is “relatively stable” despite the fact that many people still struggle to buy their first home. According to Nationwide, Britain’s third largest mortgage lender, the average house
The owner of British Gas has seen its profits plummet dramatically due to a decline in wholesale gas prices and a continued drop in energy prices. Centrica’s adjusted profits have
The Nationwide Group is the first major lender to offer a mortgage for five years at a rate of less than 4 percent in recent months. Lower borrowing costs have
Buy-to-let mortgage values have shrunk, for the first three decades. This is due to the high borrowing costs and lending regulations that are forcing landlords out of the market. UK
Labour’s ambitious plan to “get Britain back building” has been dealt a major blow after one the country’s largest developers announced that it would be building fewer homes over the
Lloyd’s of London’s opposition casts doubt on plans for City Tower The decision on whether to approve London’s tallest skyscraper was delayed after new criticisms that the design would “robb”
Norway has blocked the sale the last privately-owned property on Svalbard. Invoking national security concerns amid increased activity by Russia and China in Arctic Ocean. Oslo’s centre left government told
