Custodian Property Income REIT (LON:CREI) Full Year 2024 ResultsKey Financial ResultsRevenue: UK£46.2m (up 4.7% from FY 2023).Net loss: UK£1.50m (loss...
Richard and his wife are embarking on a big life change. After the arrival of their first child, they want to move from their two-bed flat in urban Bermondsey, south London, to a four-bed house in the Buckinghamshire countryside. With a generous budget, Richard, who asked for his real name not to be used, and his wife have already identified a £1.3mn home they like. But there’s a twist: the vendor, who is mortgage free, is willing either to rent it to them or sell it.In trying to work out the...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Housebuilder Crest Nicholson has rejected a £667mn takeover offer from rival Bellway, marking a third major deal push in the UK housebuilding sector as it battles a downturn triggered by high interest rates.FTSE 250 builder Bellway confirmed late on Thursday that it had made an all-share offer for the smaller group following a report by React News.But despite a 19 per cent premium to its closing share price on Thursday, Crest Nicholson...