Infrastructure and real estate
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...
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...
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...
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...
SIG Expects £20-30mn of Operating Profit in FY24
August 06, 2024 07:44 PM AEST| By Team Kalkine MediaSIG plc (LON:SHI) has announced its half-year results for the six months ending 30 June 2024, reflecting a period marked by challenging trading conditions. Despite these difficulties, the Group has demonstrated disciplined cash management and effecti...
Travis Perkins’ Revenue Drop 4.4% in Half-Year 2024, Announces Leadership Changes
August 06, 2024 07:36 PM AEST| By Team Kalkine MediaTravis Perkins plc (LSE:TPK) has released its half-year results for the six months ending 30 June 2024, highlighting good progress on business improvement actions despite persistently challenging market conditions.,Revenue and Profit Decline,Travis P...
Rightmove Announces Termination of OpenRent Contract, Reaffirms Revenue Guidance
August 06, 2024 07:20 PM AEST| By Team Kalkine MediaRightmove plc (LSE:RMV), the UK's leading property portal, has announced that its contract with OpenRent will terminate effective 1 September 2024. This decision comes after both parties were unable to agree on conditions for OpenRent's ongoing membe...
Frontier IP's Portfolio Company Raises £1 Million in First Equity Funding Round
August 05, 2024 06:56 PM AEST| By Team Kalkine MediaFrontier IP (LON:FIPP), a specialist in commercializing intellectual property, announced today that its portfolio company, GraphEnergyTech, has successfully raised £1 million in its first external equity funding round. The funding was led by Aramco V...
Land Securities: Must-Know Prospects and Challenges Unveiled
August 05, 2024 06:48 PM AEST| By Team Kalkine MediaLand Securities Group, one of Europe’s largest,real estate stock,sector firm, offers an attractive 6.2% dividend yield, catching the attention of those seeking to boost passive income. However, evaluating whether this FTSE 100 stalwart deserves a pla...
Newcastle Building Reports Significant Dip in Profit Before Tax in 1HFY24
August 03, 2024 03:10 AM AEST| By Team Kalkine MediaNewcastle Building Society (LSE:,NBSR,) has announced its financial results for the first half of 2024, showcasing continued progress in strategic delivery despite a dip in profit before tax.,Financial Performance,The Society reported a notable incre...
Home REIT Announces Sale of 226 Properties, Reducing Borrowings
August 03, 2024 12:55 AM AEST| By Team Kalkine MediaHome REIT plc (HOME) has disclosed the successful completion of a series of public auctions over the past three days, resulting in the sale of 226 properties. The gross proceeds from these sales amount to £26.5 million, accounting for approximately 9...
Harland & Wolff Group Holdings plc Secures Additional Funding, Focuses on Expanding Operations
August 01, 2024 07:46 PM AEST| By Team Kalkine MediaHarland & Wolff Group Holdings plc (,AIM: HARL,), a UK-based company specializing in strategic infrastructure projects and physical asset lifecycle management, has announced the completion of a new funding arrangement. The company has secured an addi...
Taylor Wimpey Reports H1 2024 Results and Updates Guidance
August 01, 2024 01:01 AM AEST| By Team Kalkine MediaTaylor Wimpey PLC,has released its financial results for the first half of 2024, showing a mixed performance with notable adjustments and updates to future guidance. The company's group completions, including joint ventures, totaled 4,728 homes, comp...
Watkin Jones (LSE:WJG) Announces Forward Sale of Major Student Accommodation Development
July 29, 2024 04:46 PM AEST| By Team Kalkine MediaWatkin Jones plc (,LSE:WJG,), the UK's leading developer and manager of residential properties for rent, has announced a significant new project in partnership with the Housing Growth Partnership (HGP), a social impact investor and part of Lloyds Ban...