Infrastructure and real estate
Tritax Big Box REIT Releases FY24 Results Following £1.2bn UKCM Acquisition
February 28, 2025 07:15 PM AEDT| By Team Kalkine MediaHighlights,Strategic Expansion:,Completion of,£1.2bn acquisition of UK Commercial Property REIT (UKCM),, adding high-quality urban logistics assets and boosting rental income by,39.1%,.,Earnings Growth:,Adjusted EPS up,15.0%,to,8.91p,, supported by n...
Yorkshire Building Society Releases 2024 Results, Modest Growth Anticipated in 2025
February 27, 2025 06:54 PM AEDT| By Team Kalkine MediaHighlights,Savings and Mortgage Growth:,Paid £430.2 million in additional interest to savers; mortgage balances grew to £49.7 billion.,Financial Performance:,Profit before tax stood at £383.7 million; net interest income normalized at £736.5 million....
Is Hammerson Reshaping the Future of Retail Real Estate?
February 26, 2025 08:32 PM AEDT| By Team Kalkine MediaIs Hammerson Reshaping the Future of Retail Real Estate?
Hammerson Unveils FY24 Performance, Eyes Growth in 2025 with Leasing Pipeline
February 26, 2025 06:28 PM AEDT| By Team Kalkine MediaHighlights,Financial Performance:,Reported like-for-like GRI up 1.6% YoY; underlying like-for-like NRI increased by 0.2%.,Balance Sheet Strength:,Net debt down 40% to £799m, with a lower Net Debt/EBITDA ratio of 5.8x and LTV reduced to 30%.,Dividend...
TRIG Unveils 2024 Results, Eyes Dividend Growth in 2025
February 25, 2025 08:10 PM AEDT| By Team Kalkine MediaHighlights,Stable EBITDA:,£493m portfolio EBITDA, reflecting normalised power prices after 2022/23 highs.,Capital Discipline:,£185m raised through asset sales, with gearing reduced by £340m.,Shareholder Returns:,Dividend target raised to,7.55p/share...
Unite Students Reports Significant Rental Growth and Expanding Portfolio in 2024, Eyes Further Gains in 2025
February 25, 2025 08:07 PM AEDT| By Team Kalkine MediaHighlights,Robust Rental Growth:,8.2% rental increase,and,97.5% occupancy,for the 2024/25 academic year.,Pipeline Expansion:,£1.05 billion,committed development pipeline, fully funded in Russell Group cities.,Financial Strength:,9.6% Total Accounting...
Supermarket Income REIT Strengthens Portfolio with Strategic Sales, Lease Renewals, and Carrefour Expansion
February 24, 2025 07:24 PM AEDT| By Team Kalkine MediaHighlights,Tesco, Newmarket store sold for £63.5 million, a 7.4% premium to its June 2024 valuation.,Lease renewals on three Tesco stores increase WAULT to 12 years, with rents 35% above MSCI benchmarks.,Acquisition of nine Carrefour supermarkets in...
Irish Residential Properties REIT plc (I-RES) Reports 2024 Results with Earnings Growth and Strategic Progress
February 20, 2025 09:21 PM AEDT| By Team Kalkine MediaHighlights,I-RES posts 1.4% earnings growth for 2024, driven by asset recycling and organic rental increases.,The portfolio remains 99.4% occupied, reflecting strong demand and effective operations.,Strategic initiatives, including a share buyback pr...
Assura Group Rejects Four KKR Bids
February 18, 2025 07:30 PM AEDT| By Team Kalkine MediaAssura Group Rejects Four KKR Bids
KKR Faces Setback as Assura Rejects Fourth Takeover Proposal
February 17, 2025 06:37 PM AEDT| By Team Kalkine MediaHighlights,KKR's Fourth Proposal Rejected:,Assura’s Board unanimously declined KKR’s latest cash offer of 48.0 pence per share.,Valuation and Premiums:,The proposal valued Assura at £1.562 billion, representing a 28.2% premium to its latest closing p...
SEGRO PLC (LSE:SGRO) Accelerates Growth in Logistics and Data Centre Innovation
February 14, 2025 08:32 PM AEDT| By Team Kalkine MediaSEGRO PLC (LSE:SGRO) Accelerates Growth in Logistics and Data Centre Innovation
SEGRO Expands Development Portfolio in 2024, Shares Positive Growth Outlook for 2025
February 14, 2025 06:21 PM AEDT| By Team Kalkine MediaHighlights,Robust Rental Growth,: Net rental income increased by,7.0% to £628 million,, supported by strong like-for-like rental growth and development completions.,Profit and Value Growth,: Adjusted pre-tax profit rose by,14.9% to £470 million,, whi...
Sirius Real Estate Championing Property Risk Management in a Shifting Market
February 13, 2025 06:30 PM AEDT| By Team Kalkine MediaSirius Real Estate Championing Property Risk Management in a Shifting Market
Barratt Redrow Delivers Significant Half-Year Performance with 33% Rise in Private Reservations
February 12, 2025 07:06 PM AEDT| By Team Kalkine MediaHighlights,Home Completions Up: 6,846 homes completed in HY24, with adjusted pre-tax profit of £167.1m.,Stronger Sales Activity: Net private weekly reservation rate rose 33% to 0.60 from 0.45 in the prior period.,Redrow Integration Progress: £100m in...
Town Centre Securities Plc Stock Sees Movement Amid Market Activity
February 12, 2025 06:51 PM AEDT| By Team Kalkine MediaHighlights:,Town Centre Securities Plc shares opened at a revised price, showing fluctuations in trading.,The company's market capitalization and valuation metrics reflect its current position in the sector.,Moving averages,indicate,trends in stock p...
Bellway Delivers Housing Growth, On Track for 8,500 Homes in 2025
February 11, 2025 06:19 PM AEDT| By Team Kalkine MediaHighlights,Housing completions up 11.9% to 4,577 homes, with an average selling price of £310,600.,Forward order book grows to 4,726 homes, valued at £1.31 billion, a 29.5% increase from the prior year.,Full-year target of at least 8,500 homes on tra...
Warehouse REIT Reports Significant Leasing and Capital Activity in Q4 2024
February 11, 2025 06:17 PM AEDT| By Team Kalkine MediaHighlights,Leasing success:,25 transactions completed, securing,£3.5 million in contracted rent,, with deals averaging,32.2% ahead,of previous rent levels.,Capital activity:,£12.8 million of non-core asset sales in Q4, bringing,total disposals to £74...
Panther Securities (LON:PNS) Shares Drop Below Fifty-Day Moving Average - What Does It Mean?
February 05, 2025 01:15 AM AEDT| By Team Kalkine MediaHighlights,Panther Securities (LON:PNS) shares moved below their fifty-day moving average, trading at GBX 303.30.,The company operates in the property sector, managing over 900 property units across the UK.,Key financial metrics include a market capi...
Starwood European Real Estate Finance (LON:SWEF) Announces Dividend Amid Steady Market Performance
February 04, 2025 09:07 PM AEDT| By Team Kalkine MediaHighlights,Dividend Announcement,Starwood European Real Estate Finance (LON:SWEF) declared a dividend with a yield of 1.53 percent,Stock Performance,The company’s 50-day and 200-day moving averages indicate stable market activity,Market Capitalizatio...
Crest Nicholson Reports FY24 Results, Signals Cautious Optimism for 2025
February 04, 2025 07:46 PM AEDT| By Team Kalkine MediaHighlights,Completions & Sales:,Group completed 1,873 units, with an open market sales rate of 0.48 (FY23: 0.52).,Financial Performance:,Statutory pre-tax loss of £143.7 million, impacted by a £166.1 million exceptional charge, including £131.7 milli...