(Alliance News) - London's FTSE 100 closed higher on Wednesday outperforming European peers, as investors assessed a pick up in a key US inflation measure and political worries in France. Read More
(Alliance News) - The FTSE 100 outperformed as European equities ended the week strongly, following weaker economic data that strengthened the case for more interest rate cuts. Read More
(Alliance News) - British Land Co PLC on Wednesday highlighted the continued strength of its occupational markets as it expects underlying earnings per share to fall slightly in the current financial year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
Great Portland Estates PLC - London-based commercial property company - Buys 19/23 Wells Street, W1 in Fitzrovia, central London, from British Land PLC for GBP19 million. The 19,182 square feet building comprises basement, ground and five upper floors. "GPE intends to convert the space to its Fully Managed offer, together with transforming the ground floor space to deliver best-in-class amenity for its customers," Great Portland says. Investment Manager James Harrop-Griffiths says: "This is our second fully managed deal within the West End during the last six months. The building offers an excellent opportunity for us to enhance our cluster of properties in this vibrant area, enabling us to deliver a diverse range of workspaces for our customers, all accompanied by exceptional levels of customer service." Read More
Kingfisher PLC - London-based do-it-yourself retailer, which owns B&Q, Castorama, and Screwfix - Says incoming Chief Financial Officer Bhavesh Mistry will join the company as CFO and join the board on January 13, replacing Bernard Bot, who will step down from the board and as CFO on the same day. Outgoing CFO Bot will remain with the company until the end of February to ensure an orderly transition. Incoming CFO Mistry joins from British Land Co PLC, a London-based commercial property developer and investor where he is CFO until November 20. British Land's new CFO will be David Walker, who has been with British Land since 2017. Read More
British Land Co PLC - London-based commercial property developer and investor - Promotes Chief Operating Officer David Walker to chief financial officer and board member, starting November 20. Walker replaces Bhavesh Mistry, who is moving to retailer and fellow FTSE 100 constituent Kingfisher PLC to be its CFO. Walker has been with British Land since 2017. Prior to becoming COO in 2021, he was head of Investor Relations and for nine months served as interim CFO. He is an accountant who previously worked in the Corporate Finance division of Deutsche Bank AG. Read More
(Alliance News) - London's FTSE 100 is called to open a touch lower on Wednesday, while the dollar continued to rise as US interest rate cut bets are being dialled back. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - British Land Co PLC on Thursday said it has completed a GBP301 million placing and subscription, which will be use toward the GBP441 million acquisition of seven retail parks it announced after the market-close on Wednesday. Read More
(Alliance News) - British Land Co PLC on Wednesday announced its acquisition of seven retail parks for GBP441 million, to be funded by a GBP300 million placing. Read More
(Correcting UBS price target change for Legal & General Group PLC.) Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - LondonMetric Property PLC on Tuesday announced that it appointed Darren Richards as chief investment officer, a newly created role. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - British Land Co PLC on Monday said it will lease space to healthcare businesses at Crownpoint Retail Park, Denton, near Manchester. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More