Mon, 01st Apr 2019 08:29
(ShareCast News) - Residential landlord Grainger has agreed to offload the majority of its remaining German properties for a cut-price €53m (£42.4m) as it looks to focus solely on the UK private sector. As the German portfolio had been valued at €56.3m, the FTSE 250 group will be hit with a loss on
Read more(ShareCast News) - Panmure Gordon has a tough road ahead of it, the Financial Times´s Lex column believes. The pool of banking fees which the UK´s small stockbrokers and investment banks can opt for is simply not large enough to sustain all of them given the decline in broking margins. About £5.4bn
Read more(Updates with company reaction, Standard Life stakes) LONDON, March 2 (Reuters) - The investment arm of British insurer Standard life said on Wednesday it would step up its engagement with management at Volkswagen and Royal Dutch Shell over certain concerns it has regarding corporate govern
Read more(ShareCast News) - Grainger's transition to a streamlined private sector landlord progressed well in the four months to 31 January, it reported, with growth in both its rentals and sales divisions. The FTSE 250 company - the UK's largest listed residential landlord - said demand had continued for it
Read more(ShareCast News) - Grainger's joint venture with APG has acquired Kew Bridge Court for approximately £57.3m. The FTSE 250 company announced on Tuesday that GRIP, a private rented sector (PRS) fund it has a 25% stake in, acquired the estate from a partnership managed by Residential Land. The 2.2 acr
Read more(ShareCast News) - Grainger has sold its stake in its FRM German residential rented portfolio and its German business platform to Heitman for €124m (£94m). It followed the sale of its German joint venture with Heitman at the end of last year and is the another step in the FTSE 250 company's exit fro
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