Infrastructure and real estate

Praxis pulls out of Capital & Regional takeover talks
September 10, 2024 07:25 PM AEST| By Team Kalkine MediaPraxis Group announced on Tuesday that it will no longer proceed with its potential offer to acquire Capital & Regional,(LSE:CAL),, a real estate investment trust. This decision marks a shift from earlier intentions expressed in July, when Praxis Gro...

Assura Names Steven Noble as First Chief Investment Officer
September 09, 2024 06:25 PM AEST| By Team Kalkine MediaSpecialist healthcare property developer Assura announced on Monday the appointment of Steven Noble to the newly created position of chief investment officer (CIO), a strategic move aimed at supporting the company’s growth plans both in the short and...

Barratt Developments (LSE:BDEV) Launches MADE Partnership with Homes England and Lloyds Banking Group
September 09, 2024 04:34 PM AEST| By Team Kalkine MediaBarratt Developments PLC (LSE:BDEV) has announced the formation of a strategic joint venture with Homes England and Lloyds Banking Group to establish MADE Partnership. This collaboration aims to address the pressing need for new housing across the UK...

Berkeley Group Reports Steady Trading, On Track for Full-Year Profit Guidance
September 06, 2024 04:55 PM AEST| By Team Kalkine MediaBerkeley Group Holdings plc (LSE:BKG) provided a trading update today at its Annual General Meeting (AGM), covering the period from May 1, 2024, to August 31, 2024. The company has experienced stable trading conditions over the first four months of t...

Safestore's Q3 Revenues Unchanged; Maintains Full-Year Guidance
September 05, 2024 09:20 PM AEST| By Team Kalkine MediaSafestore,(LSE:SAFE),, a leading self-storage company, maintained its full-year earnings guidance on Thursday, reporting stable revenues for the third quarter. The company recorded revenues of £56.3 million for the three months ending 31 July, showin...
Vistry Group Witnesses Positive H1 2024 Results, Announces £130M Share Buyback
September 05, 2024 05:02 PM AEST| By Team Kalkine MediaVistry Group PLC (LSE:VTY) has delivered a robust set of financial results for the first half of 2024, marked by significant growth in completions and operating profit. The Group has also announced a further £130 million share buyback, underscoring i...

CLS Secures Expanded Leasing Deal at Hamburg Property
September 05, 2024 03:03 AM AEST| By Team Kalkine MediaOn Wednesday, CLS Holdings,(LSE:CLI),announced a significant leasing deal for its property at Fangdieckstrasse 75 in Hamburg, marking a notable development in the company's real estate portfolio. The London-listed firm has secured a major agreement w...

Henry Boot Subsidiary Gets Planning Permission for 290 Home
September 05, 2024 02:59 AM AEST| By Team Kalkine MediaOn Wednesday, property development company Henry Boot,(LSE:BOOT),announced that its land promotion and planning division, Hallam Land, has successfully secured planning permission on appeal for a new residential development in Sittingbourne, Kent.,Th...

Room00 Group and Dorsa Holding Group Acquire TOC Hostels, Becoming Europe's Largest Hostel Chain
September 04, 2024 03:01 PM AEST| By Team Kalkine MediaIn a major development for the European hospitality sector, Room00 Group, the leading platform for hostels and boutique hotels in the Iberian Peninsula, along with the Dorsa Holding Group, has acquired 100% of the shares of TOC Hostels from Ignacio C...

Craneware’s FY profits grow, with increased opportunities ahead
September 03, 2024 08:44 PM AEST| By Team Kalkine MediaOn Tuesday, Craneware,(LSE:CRW),reported improved full-year financial results and expressed optimism about future opportunities. For the year ending June 30, the software firm achieved a 9% increase in revenue, reaching $189.3 million. Annual recurri...

Sovereign Network Group Reports Decent Q1 Performance Amid Continued Growth
September 03, 2024 07:11 PM AEST| By Team Kalkine MediaSovereign Network Group (SNG), the sixth largest housing association in the UK, has released its unaudited financial performance for the first quarter of the 2024/25 financial year, highlighting continued growth and robust performance. With over 84,0...

LondonMetric Acquires Seven Warehouses and Divests Additional Non-Core Assets
September 02, 2024 11:31 PM AEST| By Team Kalkine MediaLondonMetric, a prominent real estate group listed on the FTSE 250, has announced significant changes to its property portfolio, involving £70 million in warehouse acquisitions and £50 million in disposals of non-core assets.,On Monday, LondonMetric,...

Big Yellow Secures Planning Approval for Two London Projects
September 02, 2024 10:35 PM AEST| By Team Kalkine MediaBig Yellow Group,(LSE:BYG),, a leading self-storage operator, announced on Monday that it has made substantial progress on two major projects in London, securing planning consent for a combined 307,000 square feet of storage space at two prime locati...

LondonMetric Expands Warehouse Portfolio with £70 Million Acquisition, Completes £50 Million in Disposals
September 02, 2024 05:34 PM AEST| By Team Kalkine MediaLondonMetric Property Plc (LSE:LMP) has made significant strides in its investment strategy, announcing a series of transactions that include a £70 million acquisition of warehouse properties and £50 million in disposals. The move reflects the Compan...

PRS REIT Shareholders Push for New Chairman and Director
August 29, 2024 11:40 PM AEST| By Team Kalkine MediaOn Thursday, PRS REIT,(LSE:PRSR),disclosed that it had received a requisition letter from a group of major shareholders, who collectively hold 17.3% of the company’s issued share capital. The letter, dated August 29, was sent by a consortium comprisi...

Watkin Jones Faces Slower Market Activity but Anticipates Improved FY24 Performance
August 21, 2024 05:51 PM AEST| By Team Kalkine MediaWatkin Jones, a leading developer and builder of rental properties and student accommodation, has provided a trading update for the year ended 30 September 2024 (FY24). Despite challenges in the market, the company expects to deliver a materially imp...

Persimmon's Earnings Report Shows Weakness Amidst Underlying Positives
August 16, 2024 06:40 PM AEST| By Team Kalkine MediaPersimmon Plc, an prominent player of,Infra & Real Estate Sector,, recently released its earnings report, which revealed weaker-than-expected profit figures. Despite this, the market's reaction suggests an underlying optimism about the company’s futu...

Examining the Current Valuation and Outlook for Berkeley Group
August 16, 2024 09:00 AM AEST| By Team Kalkine MediaBerkeley Group Holdings plc, a,Infra & Real estate Sector,_ Firm has seen a notable increase in its share price, rising by 16% on the LSE over the past few months. The company is now trading at its highest levels of the year, following this recent su...

Balfour Beatty on track to meet full-year expectations amid diversified portfolio
August 14, 2024 06:08 PM AEST| By Team Kalkine MediaBalfour Beatty plc (LSE:BBY), a leading international infrastructure group, has released its financial results for the half-year ended 28 June 2024, showcasing solid earnings growth and continued shareholder returns. Despite challenges in certain seg...

Crest Nicholson Shares Fall as Bellway Withdraws Takeover Offer
August 14, 2024 05:10 PM AEST| By Team Kalkine MediaCrest Nicholson and Bellway, both FTSE 250-listed as,Infrastructure sector,firm, announced on Tuesday that Bellway has decided not to pursue a firm offer for Crest Nicholson. The potential merger, which had been under consideration since April, has...
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