Property News
LondonMetric ups dividend after strong rent collection
LondonMetric increased its dividend as the property company reported strong rent collection and higher revenue in the first half.
House prices accelerate faster than expected - ONS
UK house prices accelerated faster than expectations in September fuelled by the Chancellor's stamp duty holiday and households looking for more space, official figures showed.
Shaftesbury founder Peter Levy dies
Shaftesbury said its founder and former chairman Peter Levy had died after a short illness.
Housing market to slow after mini-boom - RICS
The housing market is expected to stay busy for the rest of 2020 before slowing down as the stamp duty holiday draws to a close and the economy remains in trouble, a survey published on Thursday showed.
Hammerson proposes higher scrip dividend to preserve cash
Hammerson has proposed an interim dividend of 0. 2p a share and a scrip alternative of 2p a share to meet its obligations as a real estate investment trust (REIT).
Average house price exceeds £250,000 but downturn looms - Halifax
Average UK house prices have exceeded £250,000 for the first time amid a mini-boom induced by the Chancellor's stamp duty holiday but a downturn lies ahead, Halifax said.
Derwent rents improve as Baker Street goes ahead
Derwent London said rent collections had improved as it commissioned designers to start work on a major project in London's Baker Street.