Growthpoint bets on UK property market recovery

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The UK-focused property group said it had deferred its interim dividend as Growthpoint considers a majority stake

After seeing peers burnt in the Brexit turmoil, SA’s largest real estate group Growthpoint Properties is taking a bet on a UK recovery.

The group has entered talks to buy Capital & Regional, a property company with retail exposure to convenience centres in smaller towns and cities including Blackburn, Hemel Hempstead, Ilford, Luton and Maidstone.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines