Infrastructure and real estate
Focus On 3 REITS Stocks as Study Predicts Property Market to Face Supply Crunch
May 05, 2021 02:50 AM AEST| By AbhijeetSummary A study by Knight Frank has found that the UK property market may face a short-term supply crunch. The shortage was seen mostly in the housing market than in the market for flats. Houses listed for sale was down 33 per cent over the ye.....
Housing Stocks in Focus as The UK House Prices Rise Sharply in April
April 19, 2021 07:43 PM AEST| By Team Kalkine MediaSource: jaturonoofer, Shutterstock Summary The asking price for UK homes hits a record high in April this year, says Rightmove. The asking home price in Britain rose by £6,733 in the five weeks to 10 April this year. Factors inclu...
Foxtons Reports Strong Revenues for Q1, Advances Acquisition Strategy
April 14, 2021 10:21 PM AEST| By Suhita PoddarSource: Alexander Raths, Shutterstock Summary Foxtons invested £3 million to acquire a stake in Boomin, a next-generation property venue. The company’s first-quarter sales surged by 24 per cent year-on-year to GBP 28.5 million Rev...
3 Property Sector Gainers in Focus as UK House Prices Dip in March
April 01, 2021 01:53 AM AEDT| By AbhijeetSource: PhuShutter, Shutterstock Summary The UK annual house price growth slowed to 5.7 per cent for March, says Nationwide survey. Home prices were down 0.2 per cent on a month-on-month basis for the month. The housing sector’s long-te...
3 FTSE Housebuilding Stocks in Focus After JP Morgan Says Sector Has Solid Foundations
March 30, 2021 04:26 AM AEDT| By Suhita PoddarSource: ungvar, Shutterstock Summary Brokerage firm JP Morgan said that the UK’s housebuilding market had solid foundations due to the sector receiving ongoing support by the government. The research report held a positive long-term outl...
Top 10 Real Estate and REIT Stocks with Robust Returns
March 26, 2021 11:14 PM AEDT| By AbhijeetSource: Alexander Raths, Shutterstock Summary A majority of real estate stocks have doubled their investor’s money in a years’ time. These are considered an ideal choice for portfolio diversification. Investing in real estate .....
2 FTSE 100 Homebuilding Stocks in Focus as January Average Housing Prices Fall
March 25, 2021 03:53 AM AEDT| By Suhita PoddarSource: ungvar, Shutterstock Summary The Office for National Statistics announced the average UK housing prices in January fell by £1,000 to £249,000 after touching a record high of £250,000 in December. The fall was attribut...
Housing Stocks to Watch as UK Residential Deals Rise by Nearly 50% In Feb
March 24, 2021 11:20 PM AEDT| By AbhijeetSource: Wirestock Creators, Shutterstock Summary There has been a 48.5 per cent annual jump in British housing transactions in February. Non-residential transactions rose by 10.3 per cent on a year-on-year basis in February. The UK government...
2 FTSE 100 REIT Stocks in Focus as Hammerson’s FY 2020 Losses Double
March 12, 2021 11:54 PM AEDT| By Suhita PoddarSource: Alexander Raths, Shutterstock Summary Hammerson reported that due to inactivity, its net rental from malls nearly halved in FY2020 during the pandemic. Despite massive losses, the company announced a final dividend of 0.2 pence a share...
Tritax Big Box’s profits triple in 2020, what lies ahead for other REIT stocks
March 11, 2021 01:03 AM AEDT| By Team Kalkine MediaSource: Stock-Asso, Shutterstock Summary The REIT player’s pretax profit jumped to £449.5 million for 2020 as compared to £141.2 million in 2019. The British REIT sector poses immense scope for specialisation and scale, offer...
3 FTSE 250 Real Estate Stocks to Watch as Savills Predicts House Prices to Surge
March 10, 2021 06:37 PM AEDT| By Suhita PoddarSource: Alexander Raths, Shutterstock Summary Real estate firm Savills Plc said property prices might increase by as much as £10,000. Savills believes that extension of stamp duty holiday would push up house prices. CLS Holdings, Graing...
How Housing Stocks Reacted to Halifax Report of Fall in Prices
March 07, 2021 02:09 PM AEDT| By Suhita PoddarSource: Artazum, Shutterstock Summary UK-based mortgage lending firm Halifax said housing prices fell for the second month in a row in February on Friday, 5 March. The data contrasts with the Nationwide Building Society report, which stated th...
5 Housebuilder Stocks to Keep an Eye on In March
March 06, 2021 02:16 PM AEDT| By Suhita PoddarSource: ungvar, Shutterstock Summary Pent-up demand in the housing market has pushed house prices upwards and boosted UK home construction stocks. Different surveys have indicated the continuing surge in the UK’s property markets &n.....
Budget 2021: How the housing market can gain from recent sops
March 04, 2021 08:15 PM AEDT| By Team Kalkine Mediaprices of major home builders rose by nearly 6 per cent after the budget announcement. The Budget announced yesterday on 3 March had boosted the sentiments of the housing market. The ongoing stamp duty holiday has been extended till the end of J...
Rishi Sunak’s Budget 2021 Boost Real Estate Sector, Most Stocks Up
March 04, 2021 03:12 AM AEDT| By Suhita PoddarSource: godshutter, Shutterstock Summary British Finance minister Rishi Sunak announced extended stamp duty holiday till June end for homes till £500,000. Sunak also announced a new 95 per cent sovereign-backed mortgage guarantee scheme....
Persimmon plc (LON: PSN) releases robust performance with strong housing demand
March 03, 2021 10:07 PM AEDT| By AbhijeetSource: TFoxFoto, Shutterstock Summary Persimmon plc delivered a profit before tax of £784 million for FY 2020 ending 31 December. The leading UK housebuilder handed over a dividend of 110p per share to its shareholders. The company sai...
Property prices soar unexpectedly in Feb due to stamp duty holiday
March 02, 2021 10:19 PM AEDT| By Suhita PoddarSource: PhuShutter, Shutterstock Summary House prices in February soared unexpectedly, a report said. Property prices jumped almost 0.7 per cent from 6.4 per cent in February. The UK’s property markets are soaring yet again....
Countrywide Connells Merger Gets FCA Green Signal. Will CMA Spoil the Party?
February 26, 2021 09:10 PM AEDT| By Suhita PoddarSource: yuttana Contributor Studio, Shutterstock Summary The Financial Conduct Authority has given approval to Countrywide-Connells merger. Countrywide’s shares will stop trading on the London Stock Exchange on 8 March and delisted on Ma...
Why firms have called for a reversal of £1.5bn green homes grant cut
February 23, 2021 12:56 AM AEDT| By Kunal SawhneyThe UK government’s £1.5-billion green homes grant is expected to face funding cuts after it was launched in September last year. According to news reports, around 22,165 grants were issued which were worth worth £94.1 m.....
Why did TRIG increase its dividend for 2020?
February 18, 2021 06:23 PM AEDT| By Team Kalkine MediaSummary The Renewables Infrastructure Group reported higher dividend payout in 2020 owing to gains in its portfolio value and net assets. The company reported a pre-tax profit of £100 million in 2020, down from £.....