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Infrastructure and real estate
UK House Prices Surge in November Amidst Resilient Market Conditions
December 02, 2024 09:08 PM AEDT| By Team Kalkine MediaHighlights:,Strong Monthly Growth:,UK house prices grew by 1.2% in November, marking the fastest annual rise in two years.,Labour Market Stability:,Resilient employment and strong income gains underpinned the housing market recovery.,Interest Rate Im...
House Prices Poised for Growth Amid Economic Resilience and Buyer Confidence
November 29, 2024 07:49 PM AEDT| By Team Kalkine MediaHighlights:,House Price Growth Forecast:,Zoopla predicts a 7.5% rise in UK house prices over the next three years, with 2.5% growth anticipated in 2025.,Affordability Rebound:,Higher income growth and falling mortgage rates have improved housing affo...
Creightons Saw Modest Drop in Revenue in H1 2024 with Improvement in Gross Profit Margin
November 28, 2024 09:11 PM AEDT| By Team Kalkine MediaHighlights,Margin Growth:,Creightons increased its gross profit margin to 44.0%, up from 42.2% in H1 2023, driven by cost reductions and SKU rationalization.,Operating Profit Surge:,Operating profit rose to £1.7 million, with a strong 6.3% operating...
AEW UK REIT Achieves 10% NAV Return and Maintains Steady Dividend Payouts
November 28, 2024 08:25 PM AEDT| By Team Kalkine MediaHighlights,NAV Increase:,AEW UK REIT's NAV grew by 6.2%, reaching £172.76 million as of 30 September 2024.,Strong Total Return:,The NAV Total Return for the period was 10.05%, outperforming last year’s 4.30%.,Dividend Stability:,The company maintaine...
Foresight Group Reports EBITDA Growth and Increased Dividend in H1 FY25
November 28, 2024 07:50 PM AEDT| By Team Kalkine MediaHighlights,Core EBITDA Growth:,Increased by 5% to £29 million, on track to double over five years.,AUM and FUM Expansion:,Assets under Management rose to £12.4 billion, driven by strategic fundraising.,Dividend Growth:,Interim dividend increased to 7...
Frontier IP Group Announces £3.0 Million Fundraising Plan
November 23, 2024 04:22 AM AEDT| By Team Kalkine MediaHighlights,Placing:,A minimum of £2.7 million through the issue of 9.78 million new ordinary shares at 28 pence per share.,Subscription:,Directors and an employee subscribing for 1.04 million shares, raising £0.3 million.,Retail Offer:,Up to 3.57 mil...
Workspace Group Reports Steady Rental Growth and Sustainability Achievements in H1 2024
November 23, 2024 03:05 AM AEDT| By Team Kalkine MediaHighlights,Rental growth and stable valuation:,Underlying rental income rose 4.3% to £60.2m, with portfolio valuation stabilizing at £2.42 billion.,Sustainability milestones:,First net-zero building completed; operational energy intensity reduced by...
Town Centre Securities (LSE:TOWN) Records a 4.6% Increase in Trading
November 22, 2024 09:03 PM AEDT| By Team Kalkine MediaHighlights:,Town Centre Securities Plc stock rose 4.6% in mid-day trading on Thursday.,The company recorded a significant drop in trading volume, with only 2,850 shares exchanged.,Insider Michael Ziff sold a total of 15,300 shares on October 29th at...
Games Workshop’s Guidance Lifted, Workspace Reports Growth for First Half
November 22, 2024 08:45 PM AEDT| By Team Kalkine MediaHighlights:,The FTSE 100 is projected to open 44 points higher on Friday, following a 0.79% gain on Thursday.,Games Workshop raises half-year guidance after exceeding trading expectations.,Workspace Group reports growth, with a 4.3% rise in net renta...
Shaftesbury Capital (LON:SHC) Shares Gain 1.2% Amid Reduced Trading Volume
November 22, 2024 08:10 PM AEDT| By Team Kalkine MediaHighlights,Shaftesbury Capital SHC shares rose 1.2%, reaching GBX 129.90 during Thursday’s trading.,Trading volume dropped significantly, with 920,989 shares exchanged, down 78% from average levels.,The company saw its stock climb from,a previous,clo...
Dunelm Group Acquires Homefocus Group to Expand in the Republic of Ireland
November 20, 2024 09:20 PM AEDT| By Team Kalkine MediaHighlights,Strategic Acquisition:,Dunelm has acquired Homefocus Group, a soft furnishings retailer with 13 stores across Ireland.,Geographical Expansion:,The acquisition gives Dunelm a strong foothold in the Republic of Ireland's £1bn+ homewares mark...
Crest Nicholson Achieves Multiple Milestones in FY24 Despite Difficult Trading Conditions
November 20, 2024 09:12 PM AEDT| By Team Kalkine MediaHighlights,FY24 Volumes:,Delivered 1,873 units, with 45% affordable and PRS housing.,Financial Metrics:,Adjusted profit before tax expected at the lower end of £22m–£29m; net debt reduced to £8.5m.,Operational Strength:,Achieved five-star customer sa...
Eco Buildings Group Secures Major Housing Deal with Dominican Republic
November 19, 2024 11:01 PM AEDT| By Team Kalkine MediaHighlights:,Dominican Partnership Secured:,Eco Buildings Group has partnered with the Dominican Republic government to provide 10,000 modular homes.,$237 Million Deal Inked:,The agreement with Gramma Constructora spans five years, with 2,000 units pl...
LandSec Rebounds but Still Struggles to Meet Return on Equity Targets
November 15, 2024 08:35 PM AEDT| By Team Kalkine MediaHighlights:,Positive Shift in Return on Equity:,LandSec improved its return on equity to 3.9% in the six months to September 30, rebounding from negative returns last year.,Occupancy Rates Exceed Pre-Pandemic Levels:,LandSec reported a 96% occupancy...
Grand City Properties Reports 9M 2024 Results, Aligns with Year-End Guidance on Strong Operational Growth
November 14, 2024 06:12 PM AEDT| By Team Kalkine MediaHighlights,Rental Income Growth,: Net rental income rose by 3% to €317 million.,Stable Earnings Per Share,: FFO I maintained at €141 million, or €0.82 per share.,Leverage Reduction Efforts,: LTV ratio stable at 36% as of September 2024,Grand City Pro...
Regional REIT Highlights Strong Leasing Activity and Strategic Portfolio Repositioning in Q3 2024, Sets Positive ESG Goals
November 14, 2024 01:20 AM AEDT| By Team Kalkine MediaHighlights:,Successful £110.5 million equity raise strengthens financial position.,Q3 trading shows high lease retention at 77.7% and 9.3% rental uplift.,Continued ESG improvements in EPC and GRESB ratings.,Regional REIT Limited (LSE:RGL), a UK-focus...
Henry Boot’s Hallam Land Sells 52-Acre Industrial Site at Pickford Gate, Coventry to Royal London Asset Management
November 14, 2024 12:14 AM AEDT| By Team Kalkine MediaHighlights,Hallam Land sells 52 acres for industrial development to Royal London Asset Management.,Land designated for 645,000 sq ft of industrial, logistics, and R&D space.,Sale is part of a larger development plan at Pickford Gate, including 2,400...
CLS Achieves High Leasing Momentum in 2024 Despite Market Challenges
November 14, 2024 12:08 AM AEDT| By Team Kalkine MediaHighlights,CLS secured £3.7 million in leasing deals in Q3 2024, up 50% year-over-year.,Annual rents secured through the first nine months of 2024 totaled £10.1 million.,Progress continues in sustainable initiatives, including energy and carbon savin...
Tritax EuroBox Acquisition and Property Portfolio Sale Agreed with SEGRO
November 12, 2024 06:39 PM AEDT| By Team Kalkine MediaHighlights,Acquisition Agreement Finalized,: Bidco agrees to acquire Tritax EuroBox shares at 69 pence each.,Property Sale to SEGRO,: Plans for a 31% asset sale to SEGRO covering key logistics hubs in Germany and the Netherlands.,Upcoming Shareholder...
Assura PLC Executives Increase Shareholdings Amid Ongoing Growth
November 08, 2024 08:23 PM AEDT| By Team Kalkine MediaHighlights:,Assura plc’s key executives, including CEO Jonathan Murphy and CFO Jayne Cottam, have acquired partnership shares.,The executives also received matching and free shares under the company’s Share Incentive Plan (SIP).,Assura remains a prom...
