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Real Estate

Zentra signs AC1 as the new contractor for One Victoria after Torsion's administration

In an announcement dated 25 September 2026, Zentra Group plc said that Zentra Great Ducie Street Limited, the developer of One Victoria, had signed a formal replacement building contract with AC1 Construction Limited. One Victoria is a 129-apartment residential development in Manchester city centre.

Ankur Sharma | 28 September 2026

Macau Property Opportunities adjusted NAV halves as Penha Heights loans go into default

Macau Property Opportunities Fund Limited (LSE:MPO), which is managed by SniperCapitalLimited, published interim results on 25 September 2026 covering the 12-month period ended 30 June 2026. The fund is in the process of selling its remaining Macau residential portfolio. Chairman Mark Huntley said its …

Ankur Sharma | 28 September 2026

Harworth backs Peel's 187p best-and-final offer, valuing it at about £631.7m

On 25 September 2026, Peel Pepper (UK) Limited ("BidCo"), an indirectWholly Owned Subsidiaryof Peel Holdings Group Limited, announced a board-backed increased cash offer for Harworth Group PLC of 187 pence per share. The offer is described as "best and final", signalling that BidCo does …

Ankur Sharma | 28 September 2026

How IWG Is Riding the Hybrid Working Boom

That is how IWG is riding hybrid working:Demandfrom companies that no longer want long, fixed leases, met through franchised and managed centres that earn fees without heavy upfront spending. System-wideRevenuerose 11% to $2.4bn.

Ankur Sharma | 25 September 2026

Why Harworth Group (LSE:HWG) Is in the Spotlight Amid Bid Interest

The board's backing marks a sharp change of tone. Only a week earlier the board had rejected a 177.5p offer, arguing that it significantly undervalued the company. Peel first bid 172.5p on 6 August, and by 17 September its stake had reached 30 per …

Divya Sood | 25 September 2026

How AO World (LSE:AO) Is Pushing for Profitable Growth in Online Electricals

The latest evidence came on 24 September 2026, when AO saidRevenuefor the six months to 30 September was expected to be up 5.5 per cent and pre-tax profit up more than 20 per cent to about £21.5m. It also completed theAcquisitionof Jessops, the specialist …

Divya Sood | 25 September 2026

How Derwent London (LSE:DLN) Is Betting on Demand for Prime London Offices

The latest evidence comes from interim results for the six months to 30 June 2026, published on 6 August. The company let new space at rents 5.1 per cent above December 2025 estimated rental values (ERVs). It pre-let the whole of its Network W1 …

Divya Sood | 25 September 2026

Why Grainger (LSE:GRI) Is the UK's Build-to-Rent Heavyweight

Its latest trading update, covering the 11 months to the end of August 2026 and published on 7 September, showed occupancy of 96%, like-for-like BTR rental growth of 3%, andDemandaveraging about 1,400 customer enquiries a week after the Renters' Rights Act came into force …

Divya Sood | 25 September 2026

How Great Portland Estates (LSE:GPE) Is Riding Demand for Fitted London Offices

GPE signed 88 new leases and renewals during the year, worth £70.9m of annual rent and 10.3% above March 2025 estimated rental values (ERV). Its Fully Managed business, which provides furnished, serviced offices on flexible terms, generated netOperating Incomeof £18.0m, up 125%. The momentum …

Divya Sood | 25 September 2026

How Hammerson (LSE:HMSO) Is Reinventing Itself Around Prime Retail Destinations

The clearest signs came in July. On 8 July it announced the sale of £69 million of non-core Dublin assets and anInvestmentto take full control of the Ilac centre in Dublin. On 30 July, alongside its half-year results, it agreed to buy a 50 …

Divya Sood | 25 September 2026
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