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Sirius Real Estate flags decent year despite macro challenges
Business and industrial park specialist Sirius Real Estate said in an update on Monday that, despite prevailing macroeconomic challenges, it achieved a 8. 2% increase in overall rent roll in the financial year just ended, or 7. 2% on a like-for-like basis.
London pre-open: Stocks to fall as markets watch Middle East tensions
UK stocks are expected to fall in early trading on Monday with investors likely to keep close eyes on the evolving situation between Israel and Iran, after Tehran launched drones and missiles overnight.
Great Portland Estates inks lease with fashion brand Represent
Great Portland Estates announced on Monday that British luxury brand Represent had agreed to open its new London flagship store at the company’s 135/141 Wardour Street property in Soho.
Kingfisher chair to step down, PageGroup posts fall in first-quarter profit
London open The FTSE 100 is expected to open 23 points lower on Monday, having closed up 0. 91% on Friday at 7,995. 58.
Monday newspaper round-up: Barclays, Middle East, fuel prices, oil exploration, tax havens
A 20-year-old children’s charity that shut down after an error by Barclays led to its account being closed was offered only £250 in compensation by the bank. JusB, which worked with young people from disadvantaged backgrounds, initially was offered the sum along with an apology for a mistake that resulted in the charity being cut off from its finances for nearly a month last year. This offer was increased later to £525, which Sir Robert Neill, the charity’s constituency MP, called “trivial” and said “bears no relation to the harm done”.
Kingfisher chair to step down in June
B&Q and Screwfix owner Kingfisher has announced that chair Andrew Cosslett will step down after seven years at the helm of the board.