Real estate
Care REIT Reports Positive Tenant Rent Cover and Announces Dividend Target Increase for 2025
January 24, 2025 08:10 AM GMT| By Team Kalkine MediaHighlights:,Strong Tenant Rent Cover:,Tenant rent cover for Q4 2024 reached 2.3x, indicating solid operational performance despite economic challenges.,Portfolio Growth and Stability:,The company's portfolio grew by 5.3%, with 100% occupancy and all...
Renew Provides Trading Update for FY2025, Anticipates Lower-Than-Expected Performance in Rail Sector
January 24, 2025 07:29 AM GMT| By Team Kalkine MediaHighlights:,Rail Sector Underperforms:,Trading in the Rail sector has been impacted by a slow start to the Control Period 7 (CP7), which began in April 2024. As a result, the Group expects full-year trading to be below market expectations, although a...
Watkin Jones Gains Limelight Today. Here's Why.
January 23, 2025 08:28 AM GMT| By Team Kalkine MediaHighlights,Revenue Stability:,Generated £362.4 million, primarily from sold developments and new business lines.,Profit Surge:,Adjusted operating profit rose sharply to £10.6 million from £0.2 million in FY23.,Strengthened Cash Position:,Gross cash i...
Residential Secure Income gains limelight today. Here's why.
January 22, 2025 07:57 AM GMT| By Team Kalkine MediaHighlights,Earnings Growth:,EPRA adjusted earnings rose by 9% to £9.5 million, driven by strong rent growth and operational efficiency.,Robust Portfolio Performance:,5.8% like-for-like rent growth, record retirement occupancy at 97%, and 99% rent col...
NewRiver REIT (LON:NRR) Shares Fall Below 200-Day Moving Average Amid Market Activity
January 21, 2025 12:00 AM GMT| By Team Kalkine MediaHighlights,Stock slips below 200-day moving average,NewRiver REIT (LON:NRR) traded below its 200-day moving average of GBX 78.55 during Monday's session.,Dividend adjustment announced,The company reported a dividend reduction, with payment scheduled...
Harworth Group Insider Katerina Patmore Acquires Additional Shares
January 17, 2025 12:00 AM GMT| By Team Kalkine MediaHighlights,Insider Purchase,Katerina Patmore, a Harworth Group (HWG) insider, recently acquired 91 shares.,Stock Performance,Harworth Group’s stock shows steady movement with a 52-week range between GBX 123 and GBX 195.,Company Focus,Harworth Group s...
Insider Sale at Grainger plc (LON:GRI) Signals Shift in Stake
January 17, 2025 12:00 AM GMT| By Team Kalkine MediaHighlights,Helen Gordon, an insider at Grainger plc (GRI), sold 29,992 shares.,Grainger's stock price experienced a 1.4% decline following the transaction.,The company’s dividend payout is increasing, with a distribution scheduled for February 21st.,...
Savills Expects 2024 Performance to Meet Expectations, Despite Volatility
January 16, 2025 07:58 AM GMT| By Team Kalkine MediaHighlights,Full-Year Performance:,Expected to be in line with expectations and substantially ahead of 2023.,Regional Growth:,Significant improvement in EMEA and North America, with a solid performance in the UK and strong recovery in parts of Europe,...
LondonMetric Property Announces £74.2 Million in Non-Core Property Sales and £50.1 Million Acquisition of New Assets
January 15, 2025 07:56 AM GMT| By Team Kalkine MediaHighlights,£74.2 Million in Non-Core Property Sales, Reflecting a 6.9% NIY,£50.1 Million Acquisition of New Assets with 6.5% NIY,Strong Performance in Portfolio Optimisation and Strategic Investment,LondonMetric Property Plc (LSE:LMP) has revealed a...
Savills (LON:SVS) Stock Crosses Below 200-Day Moving Average
January 15, 2025 12:00 AM GMT| By Team Kalkine MediaHighlights,Stock performance,Savills shares dropped below the 200-day moving average, trading as low as GBX 953.,Market metrics,The company has a market cap of £1.33 billion with stable financial ratios.,Global operations,Savills operates across 600...
Derwent London (LON:DLN) Hits New 52-Week Low Amid Market Movement
January 14, 2025 12:00 AM GMT| By Team Kalkine MediaHighlights,New low,Shares of Derwent London hit a 52-week low, trading as low as GBX 1,823 during Tuesday’s session.,Volume spike,Over 212,421 shares exchanged hands, reflecting increased market activity.,Performance metrics,The stock remains below i...
Shaftesbury Capital (LON:SHC) Hits New 12-Month Low Amid Active Trading
January 14, 2025 12:00 AM GMT| By Team Kalkine MediaHighlights,New low recorded,Shaftesbury Capital reached a 52-week low, trading at GBX 116.70 during Tuesday’s session.,High trading volume,Over 2.3 million shares changed hands, reflecting increased activity.,Stock performance,Shares remain below the...
Kier Group's Intrinsic Value Suggests Strong Potential for Future Growth
January 12, 2025 05:37 PM GMT| By Team Kalkine MediaHeadlines,Kier Group's shares are currently undervalued in the market.,Estimations of Kier Group's intrinsic value suggest significant potential for growth.,The discounted cash flow model shows a promising outlook for the company.,Kier Group plc,(LON...
Installed Building Products' ROE: A Key Indicator of Efficiency and Growth
January 12, 2025 09:09 AM PST| By Team Kalkine MediaHeadlines,Why Installed Building Products,(NYSE:IBP),Stands Out with Its ROE,Key Takeaways for Evaluating Business Efficiency,Understanding ROE’s Role in Decision-Making,Return on equity (ROE) is an important metric that highlights how effectively a...
Glenveagh Properties Reports 43% Growth in Revenue in 2024
January 10, 2025 08:09 AM GMT| By Team Kalkine MediaHighlights,Revenue Growth,: Glenveagh's revenue increased by,43%,, reaching approximately,€869 million,, up from,€608 million,in 2023. Gross profit surged by,63%,to,€184 million,(2023: €113 million).,Strategic Focus on Partnerships,: The Group’s,Part...
Unite Students Shows Robust Demand and Solid Performance as 2025/26 Sales Cycle Begins
January 09, 2025 10:15 AM GMT| By Team Kalkine MediaHighlights,66% of beds reserved for the 2025/26 academic year, with strong occupancy forecasts of 97-98% and rental growth of 4-5%.,Positive financial performance, with property portfolio valuations increasing across key assets.,Ongoing investment in...
Harworth Achieves Record Residential Plot Sales in 2024, Supporting UK Housing Targets
January 09, 2025 10:02 AM GMT| By Team Kalkine MediaHighlights,Record-Breaking Residential Sales:,Completed 2,385 plot sales in FY24, more than doubling 2023's total, with a headline sales value of £104.1 million.,Sustainable Growth Strategy:,Accelerated delivery of residential sites and broadened pro...
Balfour Beatty Surpasses Key Milestone: A Leader in Sustainable Infrastructure
January 08, 2025 04:49 PM GMT| By Team Kalkine MediaHeadlines,Balfour Beatty crosses a significant technical milestone with its stock trading above its 200-day moving average.,The company's expertise in infrastructure and commitment to sustainability position it as a trusted leader in the industry.,Re...
Breedon Group's Stock Movement and Analyst Insights
January 08, 2025 04:13 PM GMT| By Team Kalkine MediaHeadlines,Breedon Group's Shares Below Key Metric,: Breedon Group's shares recently fell below its 200-day moving average, a key indicator often observed for long-term trends.,Analyst Ratings and Insights,: Analysts have shared insights into the comp...
Kier Group Achieves Key Milestone in Stock Performance and Outlook
January 08, 2025 04:06 PM GMT| By Team Kalkine MediaHeadlines,Kier Group's Recent Performance and Moving Average Milestone,Insights into Kier Group’s Core Operations and Vision,Revised Outlook on Kier Group’s Prospects,Kier Group's Recent Performance and Moving Average Milestone,Kier Group,(LON:KIE),h...