![Alliance News](https://static.lse.co.uk/images/news-logos/alliance-news-logo.png)
Tue, 02nd Feb 2021 08:47
(ShareCast News) - London property company Capital & Counties (Capco) announced on Tuesday that it has signed a significant pre-let, following serious demand for its Kings Court development in Covent Garden. The FTSE 250 firm said lifestyle brand Petersham Nurseries will occupy more than 16,000 squa
Read more(ShareCast News) - London property company Capital & Counties reported strong trading activity in the year to date on Friday, as its redevelopment of the Covent Garden and Earls Court areas in central London continued. The FTSE 250 firm was on track to achieve an estimated recovery value target of £
Read more(ShareCast News) - Sports Direct boss Mike Ashley has offered to buy collapsed retailer BHS, saving its entire store estate and thousands of jobs. Although the tycoon was unable to agree a deal before administrators were called in last Monday, Ashley confirmed to the Sunday Telegraph: "Any continuin
Read more(ShareCast News) - In 2016, and for the first time in four years, UK commercial property shares had not outperformed the All-Share. That had thrown-up appetising opportunities in the sector for the first time in several years as shares de-rated, with the sector changing hands on an average discount
Read more(ShareCast News) - South32: HBSC upgrades to buy with a target price of 85p. Capital & Counties Properties: Exane BNP Paribas downgrades to underperform. 348P target. Admiral Group: Nomura upgrades to buy with a target price of 2325p. Millennium & Copthorne Hotels: Berenberg downgrades to sell wit
Read more(ShareCast News) - Capital & Counties was under the cosh on Tuesday as Exane BNP Paribas downgraded the stock to 'underperform' from 'neutral' and cut the price target to 348p from 460p. The bank noted CapCo's share price is highly correlated to Prime Central London (PCL) residential prices, where a
Read more