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Property

  • Mortgage and valuation giant LSL Property Services continues strong start to 2024 with share buyback

    April 25, 2024

    LSL Property Services, one of the largest providers of mortgage and valuation services, has continued its strong start to 2024, surpassing analyst expectations.

  • Persimmon ‘on track’ to build 10,500 homes this year as property market recovers

    April 25, 2024

    Persimmon said it is on track to build between 10,000 and 10,500 properties this year, in the latest signal of green shoots emerging in the market despite interest rates remaining high. 

  • M&S pension scheme faces hefty losses as FCA probes Home REIT sister fund

    April 24, 2024

    The M&S pension scheme is facing huge potential losses after pumping cash into a Home REIT sister fund that is now under investigation by the Financial Conduct Authority (FCA), Morning Wire can reveal.

  • Taylor Wimpey’s order book shrinks amid ‘value over volume’ approach

    April 23, 2024

    Housebuilder Taylor Wimpey has reported a smaller order book and fewer sales so far this year amid "market uncertainty and affordability challenges" as it looks to growth in 2025.

  • What is going on with London house prices? It’s messy, but green shoots are appearing

    April 22, 2024

    After a challenging few years green shoots appear to be emerging in London’s property market. 

  • Canada has ‘record’ office leasing deals allaying hybrid work fears

    April 22, 2024

    Canada market saw a record 331 office leasing deals in 2023, the joint highest number recorded over the last 10 years, defying concerns the area had experienced a downturn following a rise in hybrid working patterns. 

  • Helical extends London Wework lease amid takeover talks

    April 22, 2024

    Property investment and development company Helical has extended its lease with Wework until June following a decision late last year to remove the struggling hybrid workplace provider after it could no longer pay its rent. 

  • London office property deals abandoned as sellers pin hopes on price recovery

    April 20, 2024

    Abandoned property deals have driven investment volumes in the London office market down in the first quarter of the year, but green shoots are starting to emerge. 

  • Home REIT set to sue former investment manager as shareholders circle

    April 18, 2024

    Home REIT has threatened to sue its former fund manager Alvarium today as it faces its own legal challenge from a group of shareholders who claim to have been misled.

  • Foxtons: ‘Value of homes under offer best since Brexit’

    April 18, 2024

    Estate agent Foxtons said improved market conditions helped drive housing sales revenue by 17 per cent in the first quarter of the year, with the value of homes under offer the best since Brexit. 

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