(Alliance News) - LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd on Friday raised their potential takeover offer for Picton Property Income Ltd, which said it would be minded to recommend the sweetened bid. Read More
(Alliance News) - Stock prices in London opened mixed on Friday, with takeover activity lifting Vodafone and easyJet, while investors continued to monitor developments in the Middle East after shipping traffic through the Strait of Hormuz slowed sharply. Read More
(Alliance News) - easyJet backs a higher-priced GBP5.7 billion possible takeover from Apollo, LondonMetric and Schroder Real Estate Investment Trust improve their proposed offer for Picton Property Income, while Polar Capital Technology Trust reports its net asset value more than doubled in financial 2026. Read More
(Alliance News) - LondonMetric Property PLC on Thursday said progress regarding a proposed takeover offer for Picton Property Income Ltd is advancing, as it said its portfolio is performing well. Read More
(Alliance News) - Centrica secures a 20-year regulated contract to extend the life of the Sizewell B nuclear power station, Severn Trent says trading remains in line with expectations, while Computacenter upgrades its annual profit outlook after strong first-half trading. Read More
(Alliance News) - LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd on Tuesday noted progress towards a firm takeover bid for Picton Property Income Ltd, following an indicative all-share proposal disclosed in May. Read More
(Alliance News) - Rathbones flags a GBP60 million regulatory remediation charge, while International Workplace Group and Hilton Food Group unveil leadership changes. Meanwhile, boohoo, now trading as Debenhams Group, narrows losses and reports improving trading momentum. Read More
(Alliance News) - Picton Property Income Ltd on Friday reported "a year of progress" and said it is well-positioned to grow earnings in future. Read More
(Alliance News) - LondonMetric Property PLC on Thursday reported lower annual profit despite higher rental income and revenue, as it warned macro uncertainty continues to weigh on UK real estate liquidity. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
(Alliance News) - LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd on Tuesday said they had agreed on the terms of a non-binding offer for Picton Property Income Ltd. Read More
(Alliance News) - Vodafone Group swings to an annual profit as impairment charges disappear, while LondonMetric Property agrees a non-binding takeover proposal for Picton Property Income alongside Schroder Real Estate Investment Trust. Read More
(Alliance News) - Picton Property Income Ltd on Tuesday confirmed that a consortium of two real estate investment trusts has been shortlisted for further talks about its formal sale process. Read More
(Alliance News) - Picton Property Income Ltd on Thursday said it will delay the release of its full-year results, as it has shortlisted acquisitions proposals stemming from its formal sale process. Read More
(Alliance News) - The UK unemployment rate held steady and came in below expectations, while corporate headlines saw Unilever and Kraft Heinz explore a potential food brands tie-up and BP agree to sell its Gelsenkirchen refinery as part of its portfolio overhaul. Read More
Picton Property Income Ltd - Guernsey-registered real estate investment trust - Says it is capturing a "positive leasing pipeline" as it is encouraged by progress made within its office portfolio. Chief Executive Officer Michael Morris says: "This reflects the upgrading works we have undertaken to improve our buildings to meet occupier demand and drive positive rental growth. We have supported occupiers expanding and welcomed new occupiers to our assets. We have a good breadth of demand across all areas of the portfolio, from a range of occupiers in the financial, logistics, technology and professional services sectors". Read More