Company results
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Urban Splash posts rising profit in ‘difficult year’
The company sees revenue increase as it works through its development pipeline
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Mailbox REIT delivers rising profit – but warns of headwinds
IPSX-listed company hunts for a new tenant to take space from BBC
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Oxford Biomedica makes progress on facilities and capacity expansion
The firm is mulling over options for additional liquidity and financial flexibility
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Housebuilders prepare for a tougher economy
Big listed names highlight inflation, energy and interest rate rises in recent results statements
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Restructuring and Covid push Lendlease to loss
But the group says a stronger second half “provides momentum” for the year ahead
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‘We’ll come out stronger’: Savills bosses on keeping costs in check
Agency is latest to offer an outlook on how market pressures will impact its business
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Empiric hails tenfold increase in profit
Occupancy stands at 92% for the next academic year as the sector recovers from pandemic restrictions
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‘Refocus, restructure and recapitalise’ pays off at Capital & Regional
Net debt is now 40% of portfolio value, as opposed to the 72% it reached last year
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Derwent London confident in ‘flight to quality’
REIT plans more flex space at newly completed Featherstone Building
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Savills’ H1 revenues top £1bn, but staff costs eat into profits
“Profits were impacted globally by significant growth in staff costs,” with cut-backs likely
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Ashley still living the high life as Mash profits halve
Mike Ashley’s investment vehicle made £99.7m pretax profit
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Discount to NAV triggers UKCM EGM
Phoenix, which holds 43.4% of the REIT’s shares, has implied it will vote in favour of continuation