The real estate investment trust reported a turnaround to profitability, but faces ongoing market challenges. Mixed financial results and a cautious outlook reflect the competitive landscape in the property sector.
The property investment company has announced the appointment of a new independent non-executive director.
The property investment company has pre-let the entirety of the office space at a new development in central London to a leading global investment firm.
The property investment company's directors have increased their shareholdings through the firm's share incentive plan.
The property investment company reports high customer retention and rental uplifts in its Fully Managed portfolio.
The property investment company has announced a change in major shareholding, with BlackRock, Inc. increasing its stake to 17.22%.
The property investment company has announced the appointment of a new Non-Executive Director to its board.
The property investment company has launched version 2.0 of its Social Impact Strategy, focusing on promoting inclusive communities, delivering healthier and greener spaces, and nurturing strong partnerships.
The property investment company reports a strong end to its leasing year, with 32 new leases and renewals signed in the quarter generating annual rent of £18.2 million, 9.9% ahead of ERV.
The property investment company has secured 33,500 sq ft of new Fully Managed office leases, generating £7.2 million in annual rent at rents 14.1% ahead of market expectations.