Mon, 19th Oct 2020 12:04
** UK property companies and housebuilders fall after an asset write-down and suspension of a leading property fund cause concern ** Standard Life Investments has suspended trading in its unlisted UK real estate fund (one the country's largest) after previously writing down its value by 5 p
Read more(ShareCast News) - St Modwen Properties increased its interim dividend 2% but said it would be likely to take a more cautious approach to strategy after the Brexit decision cast a veil of uncertainty over the UK property market. After the six months to 31 May, the net asset value of the property reg
Read more(ShareCast News) - Numis reiterated a 'buy' rating and target price of 535p on St Modwen Properties after the property company said trading for the year had started well. In a pre-close statement for the period 1 December 2015 to 31 May 2016, St Modwen said it continued to add new opportunities to i
Read more(ShareCast News) - Numis reiterated a 'buy' rating and target price of 535p on St Modwen Properties after the property company said trading for the year had started well. In a pre-close statement for the period 1 December 2015 to 31 May 2016, St Modwen said it continued to add new opportunities to i
Read more(ShareCast News) - Property company St Modwen said the trading for the year had started well as it continued to extract both short and long-term value-generating opportunities from its land bank through asset management activities, remediation, and success in planning and development. In a pre-close
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
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