Infrastructure and real estate

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...

Costain Group Shows Robust Performance Amid Infrastructure Demand
August 14, 2024 09:00 AM AEST| By Team Kalkine MediaCostain Group PLC, a key player in the,infrastructure sector,, has experienced a notable increase in its stock price over the past year. The company’s shares have risen from 46p to 85p, reflecting an 84% increase.,Company Overview,Costain Group PLC (...

PPHE Hotel Group Secures Permission for New Development on London's South Bank
August 13, 2024 10:14 PM AEST| By Team Kalkine MediaPPHE Hotel Group (LSE:PPH),, a leading international hospitality real estate company, has announced a significant milestone with the recent granting of planning permission for a new mixed-use hotel-led development in London's South Bank area. This pr...

Shaftesbury Capital Announces 2024 Interim Cash Dividend
August 13, 2024 08:51 PM AEST| By Team Kalkine MediaShaftesbury Capital PLC (LSE:SHC),, a prominent real estate investment trust, has provided additional details regarding its 2024 interim cash dividend. The dividend, set at,1.7 pence,per ordinary share, will be paid on,Tuesday, 1 October 2024,to all...

The Renewables Infrastructure Group Announces Share Buyback Programme
August 09, 2024 11:15 PM AEST| By Team Kalkine MediaThe Renewables Infrastructure Group (LSE:TRIG) has initiated a share buyback programme valued at up to £50 million. The announcement follows successful asset divestments over the past year and significant progress in reducing the Company's floating r...

Sirius Real Estate's Strategic Moves Win Market Approval
August 09, 2024 06:45 PM AEST| By Team Kalkine MediaSirius, an,real estate sector,firm has seen its stock valuation increased by Panmure Liberum following a recent £152.5 million capital raise. The funds from this capital raise are set to be used for acquisitions aimed at enhancing the company's asset...

Derwent London Upgrades Rental Outlook After Impressive First Half
August 09, 2024 06:30 PM AEST| By Team Kalkine MediaDerwent London, a prominent FTSE 250,real estate sector,, announced solid performance for the first half of the year on Thursday. The company achieved a 1.5% rise in gross rental income, reaching £107.5 million, and saw a 6.5% increase in EPRA earnin...

Derwent London Boosts Rental Guidance Amid First-Half Results
August 09, 2024 05:20 PM AEST| By Team Kalkine MediaDerwent London, a prominent FTSE 250,real estate sector,firm, has upgraded its,rental growth guidance following a robust performance in the first half of the year. The company reported a 1.5% increase in gross rental income, bringing the total to £10...

Savills Revenue Rises in First Half While Initial Market Recovery
August 09, 2024 05:00 PM AEST| By Team Kalkine MediaSavills, a leading,Real estate agency,firm listed on the FTSE 250, reported a rise in revenue for the first half of 2024, attributing the improvement to what it described as "early signs of market recovery." The company's revenue grew by 5%, reaching...

Barratt and Redrow Merger Advances as CMA Concludes Phase 1 Investigation
August 08, 2024 07:55 PM AEST| By Team Kalkine MediaOn February 7, 2024, Barratt Developments Plc (LSE:BDEV) and Redrow Plc ("Redrow") announced that they had reached an agreement on the terms of an all-share offer, resulting in the combination of both companies. This merger, which involves Barratt ac...
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Hill & Smith Acquires Trident Industries to Expand US Utility Pole Market Presence
August 08, 2024 07:33 PM AEST| By Team Kalkine MediaHill & Smith PLC (LSE:HILS), an international provider of sustainable infrastructure products and services, has announced the acquisition of Trident Industries, LLC (Trident). The transaction involves an initial cash consideration of $13.5 million (a...

Tritax Big Box Delivers Notable Results with Enhanced Dividend
August 08, 2024 06:50 PM AEST| By Team Kalkine MediaTritax Big Box, a real estate investment trust (REIT) listed on the FTSE 250, specializes in owning and managing warehouses for major retailers such as Tesco, M&S, and Amazon. Despite its seemingly mundane focus, Tritax Big Box, a key player in the,r...

CLS Holdings PLC Highlights Reduced Losses Amid Falling Asset Values
August 08, 2024 05:04 PM AEST| By Team Kalkine MediaCLS Holdings PLC (LON: CLI), a London-based commercial property investment company, has released its financial results for the first half of 2024. The company reported a decrease in its EPRA net tangible assets per share and net asset value per share...
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CLS stands at £61.1in Half-Year 2024, declares 2.60 pence
August 07, 2024 09:55 PM AEST| By Team Kalkine MediaCLS (LSE:CLI),, a leading office space specialist and a sustainable commercial landlord with a portfolio valued at approximately £1.9 billion across the UK, Germany, and France, has released its financial results for the half-year ended June 30, 2024...
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Tritax Big Box’s Strategic Acquisition and Rental Income Growth Drive Adjusted EPS Increase
August 07, 2024 07:46 PM AEST| By Team Kalkine MediaTritax Big Box REIT PLC (LSE:BBOX) has announced its financial results for the six months ended 30 June 2024, highlighting significant strategic developments and robust financial performance. The completion of the strategic acquisition of UK Commerci...

Ibstock expects to be benefit from government’s new housing and infrastructure projects
August 07, 2024 07:44 PM AEST| By Team Kalkine MediaIbstock Plc (LSE:IBST), a leading UK manufacturer of building products, reported its financial results for the first half of 2024, demonstrating resilience in a challenging market environment. The company achieved an adjusted EBITDA of £38 million, i...

Savills Stock Currently Under Benchmark
August 06, 2024 09:30 PM AEST| By Team Kalkine MediaSavills plc, a prominent,real estate service,provider with a market capitalization of £1.71 billion, operates across various global regions including the United Kingdom, Continental Europe, Asia Pacific, Africa, North America, and the Middle East.,Co...
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