Strong leasing activity and demand across all uses, growth in portfolio value, income and dividends Footfall continues to trend towards pre-pandemic levels, customer sales in aggregate ahead of 2019.
intu announces that David Fischel, Chief Executive, will be standing down from the Board and leaving intu once a successor to David has been appointed.
London-focused property company Capital & Counties Properties acquires the freehold interest of Tower House in the Covent Garden precinct for R1.1bn before purchaser's costs.
US, European and Asian fund managers are apparently starting to bulk up exposure to UK property stocks to cash in on the weaker pound and negative sentiment about Brexit.
London-focused property company Capital & Counties strikes GBP200m off the value of its Earls Court estate.
Until recently, Growthpoint Properties and Redefine Properties were the largest listed South African real estate groups, leaving institutional investors with limited choice.
SA investors may get their fingers burnt as they shift their money to offshore property stocks in a bid to counter the effects of a depreciating the rand.
The weeks-long relentless heat wave hitting South Africa provides a direct contrast to what is happening to the rand: a tsunami.
Investors looking for exposure to UK real estate have two more options to choose from after the listing of Redefine International spin-off International Hotel Group and mall owner Capital & Regional.
Capco provides a rosy forecast, saying the outlook for retail and consumer confidence remains positive.
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