Property News
UK house prices to rise 4% in 2021, Rightmove predicts
UK house prices will rise 4% in 2021 as values continue to rise modestly after the end of the stamp duty holiday that has fuelled a mini-boom, Rightmove predicted.
Foxtons targets £3m buyback after trading improves
Foxtons said it would buy back up to £3m of shares and forecast an annual profit after trading improved in the fourth quarter.
Connells ups Countrywide bid to £112m
Connells has increased its offer for Countrywide to lodge a cash bid valuing the estate agent company at £112. 1m excluding debt.
Alchemy reveals shareholder support for Countywide deal
Alchemy Partners said it had the support of almost 45% of Countrywide's shareholders for its proposed offer for the company.
Hunters Property in talks to be bought by rival TPFG
Hunters Property said it was in early talks to be bought by bigger rival The Property Franchise Group as Britain's estate agents look to consolidate.
Berkeley sticks to targets as profit falls
Berkeley Group stuck to its targets for shareholder returns as the housebuilder reported a 16. 6% fall in first-half profit caused by the Covid-19 crisis.
MJ Gleeson shares jump on dividend restart plan
MJ Gleeson shares jumped after the housebuilder said annual results would beat expectations and it was planning to restart dividends during 2021.
Land Securities to update BlackRock on Bonham Carter workload
Land Securities said it would keep BlackRock updated on the workload of director Edward Bonham Carter after the world'[s biggest asset manager voted against him at the company's annual general meeting.
Countryside to split business after row with investor
Countryside Properties said Chairman David Howell would quit and that it planned to split its business in line with demands from an activist investor.