The share price of Serco Group Plc (LON: SRP) surged after it announced that the UK government has extended its contract for the Test and Trace scheme on 16 October 2020. At 11.25 AM, the company’s stock was trading around 17 per cent...
Summary Pathfinder Clean Energy (PACE) has submitted plans for its first subsidy-free solar projects in the UK The projects include two planning applications for solar farms The projects aims to provide power to approximately 12,500 households...
Summary SSE to dispose interest in Ferrybridge and Skelton Grange multifuel assets to European Diversified Infrastructure Fund III. In the past, SSE sold stake in Walney Offshore Wind Farm to Greencoat UK Wind. Besides reducing its net debt, t...
Summary British Land Group has resumed the dividend payment and is expected to declare an interim dividend in November British Land has witnessed huge success from its retail parks portfolio, which have played a pivotal role in getting revenue ...
Summary Unite Group expects the rental income to fall by 15% to 20% in 2020/2021 due to the cancellation of bookings following covid-19. Approximately 88% of the beds are booked for the academic year 2020/2021. Secure Income REIT stated that t...
Summary In September 2020, house prices in the UK rose at their fastest annual pace since June 2016. In a separate data from the ONS, the average UK house prices reached a new high of £238,000 in July. ONS said that the value of property...
Summary Due to the latest statistics on capital gains, a majority of long time buy-to-let investors saw an opportune time to sell. Many landlords are benefiting by selling their assets after thinking that the buy-to-let property market has rea...
Summary Sadiq Khan, London’s mayor has urged the government to provide £5.7 billion bailout for Transport for London (TfL). The bailout package would help in keeping the UK capital’s transport system running for the next 18 mo...
Summary The company announced its plans to lease out 70,000 square feet of space in the UK despite asking nearly 4,500 of its staff in the country to work from home until at least July 2021. This office space leasing exercise is in addition to ...
Summary Due to the fears of a second coronavirus wave, landlords and developers could likely close around 12 million m2 of retail space and look for substitute tenants. Study by Altus Group said around 38 per cent of the 400 property developmen...
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