Land investment news & headlines
Latest breaking stories, features and analysis
- Intu Properties says it might not be able to meet its debt commitments in June.
- The real estate company is seeking standstill agreements with creditors to avoid default.
- With a debt of £4.69 billion in 2019, the firm recently furloughed 80% of its workforce.
Latest Land investment news
Whichever way you choose to look at it, real estate activities materially impact the climate. A study by Global Alliance for Building and Construction shows that building and construction activities account for about 40% of energy-related carbon dioxide emissions, and are also responsible for more than a third of energy use globally. Frequent changes in climatic conditions are resulting in extreme weather patterns that ultimately impact real esta...
In recent times, different real estate predictions from various experts on cities such as Boston and Washington show a thriving sector occasioned by tight inventory and low-interest rates. While property price increments have stalled in these cities, their demand and prices continue to stabilise.But when it comes to the overall US real estate outlook, statistics are less pleasant: most urban areas have seen home value growth decline to 2015 level...
The UK property market is expecting a short-term improvement in sentiment following last week’s massive win by the Conservancy party, enabling Prime Minister Boris Johnson to retain his seat in a tightly-contested election. However, fund managers are still concerned about the fate of the property market beyond next year.CEO of AEW, Rob Wilkinson expressed his concerns saying: “A Tory majority is the most positive or benign outcome for...
The United Kingdom’s opposition party, the Labour Party, has promised to broaden the tax base imposed on foreign trusts and companies looking to invest in the UK. This is part of the party’s long-term tax strategy, and it looks to impose a tax purchase charge on all properties bought by foreigners, in addition to the current surcharges and stamp duties. According to Shadow chancellor John McDonnell, the revenue is necessary to “...
British Land (LON:BLND) has exchanged on the sale of 12 superstores from its joint venture with Sainsbury’s (LON:SBRY), the property group has said. The London-listed company explained that the move was part of its strategy to trim its retail exposure. The news has failed to lift the British Land share price, with the stock having given up 1.41 percent to 587.20p as of 10:39 BST and underperforming the blue-chip FTSE 100 index which is currently...
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Company to pay £103 million
Next shares rally as group lifts profit guidance
LaLa World is targeting migrants and their unbanked families in frontier markets. Their LALA token is a utility, they say, but will regulators agree?
Company to return £300 million to shareholders
Underlying profit +7.4% to £390 million
Shell’s disposals continue with Saudi Arabia joint venture
Retailer sales for the quarter up 0.6%
Underlying PBT +16.4%
Company posts 4.5% rise in revenue profit