Unite Students: Record demand for beds amid university housing shortages Business Unite Students has reported strong growth and nearly-full student accommodation blocks amid record demand from students and still-constrained supply. Unite told markets this morning that like-for-like rental growth was 8.2 per cent and occupancy was 97.5 per cent for the 2024/25 academic year. The firm retained its guidance and said it expected rental growth to [...]
Rents rise at slowest rate in nearly three years – but average hits £1,200 Property A rise in properties on the market means rents for new lets have grown by their slowest rate in nearly three years this year, and are expected to fall below wage growth for this first time since 2021, an analysis has revealed. Rents for new lets grew by 5.7 per cent in the 12 months [...]
Foxtons: London estate agent hikes dividend as turnaround plan gathers steam Property London estate agent Foxtons has bucked a pallid property market to report healthy rise in revenue and profit, and raise its dividend, in yet another sign of the turnaround being navigated by its new chief executive.
‘Steady picture’: UK house prices increase at fastest rate since July 2022, as London rose slowest July 17, 2024 Expectations of a cut to interest rates and continued tight supply helped house prices to rise for the third successive month in May, the Office for National Statistics has said.
Grainger raises dividend again despite slipping into loss May 16, 2024 Major residential landlord Grainger has raised its dividend despite slipping into a loss in a set of half-year results in which rental income rallied and the value of its underlying properties stayed stable.