Finance news on propcos
Crest Nicholson CEO to quit after posting 70% slump in annual profit
Crest Nicholson chief executive Peter Truscott is quitting the company after the housebuilding giant revealed a 70% slump in annual profit.
I-RES repeats plea to investors to reject activist investor proposals
The board of Irish Residential Properties REIT has urged investors to vote against all resolutions proposed by Vision Capital, a 5% shareholder in the company.
Abrdn reveals £150m cost-cutting plans
Investment giant abrdn has confirmed it is set to shed around 500 jobs as it seeks to slash annual costs and make its business more profitable.
Northern Ireland Investment Fund provides £28m loan on Belfast hotel
JMK Group lands development finance for Titanic Quarter hotel scheme.
GPE reports ERV uplift, but remains cautious
Investor reports leasing in Q4 2023 was 10.4% ahead of estimated rental values.
