AUCKLAND: CDL Investments New Zealand Limited (NZX: CDI), a residential property developer, announced its results for the year ended 31 December 2023 today. The company reported a profit after tax of $13.5 million, down from $31.2 million in 2022, due to the difficult market conditions and the absence of one-off gains. However, the company’s Chairman…
DUBAI, UAE: DAMAC Properties Dubai (DFM: DAMAC) announced financial results for the nine month ended September 2021, reporting Revenue of AED 2,394 million, booked sales of AED 4.1 billion and deliveries of c.4,400 units in Dubai. Gross profit of AED 707 million was 15% lower than similar period last year’s gross profit of AED 828…
LONDON: Mycelx Technologies Corporation announced the sale of its building in Duluth, Georgia, USA. This sale will enable the Company to right-size its office space needs across its three operating locations. The Company will receive a cash consideration of $5.4 million. The Company has a debt obligation of circa $2.62 million on the property, so…
Daejan Holdings Plc is a British-based property business, part of the Freshwater Group of companies. It has its headquarters at Freshwater House, Shaftesbury Avenue. It was listed on the London Stock Exchange until it was acquired by the Freshwater Group in May 2020. Daejan is organised into two geographic segments – UK and US –…
CLS Holdings plc is a British commercial property investment business. The Company puts an emphasis on active management, using in-house teams instead of outsourcing. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company’s property portfolio was valued at circa £2.0 billion as at 31 December…
Assura PLC (LSE: AGR) is a British-based property business headquartered in Warrington. It designs, builds, invests in and manages General Practitioner (‘GP’) and primary care buildings in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The business invests in and develops primary care buildings…
LONDON: Aroundtown’s fully consolidated subsidiary TLG successfully signed the disposal of a retail property portfolio for the amount of approx. €190 million and a further retail property portfolio for approx. €300 million for which the buyer has a discretionary rescission right until August 31, 2020. The retail properties are located across Germany and were sold…
LONDON: LondonMetric Property Plc announced two acquisitions for a total consideration of £72.9 million. Both transactions had previously been identified by the Company at the time of its recent equity placing. Through a £62.0 million sale and leaseback, LondonMetric has acquired a portfolio of five food stores let to Waitrose on new 20 year leases…
VANCOUVER: JNC Resources Inc. has signed an option agreement with Great Basin Resources to acquire 100% control and interest in the Imperial Project in Nevada. The Imperial Property is located in Esmeralda County, Nevada, which has been a prolific mining area in the state. Under the terms of the Agreement, the Company can earn a…
DUBAI: DAMAC Properties Dubai announced preliminary financial results for the year ended December 2019, reporting booked sales of AED 3.1 billion and unit deliveries of 4,700 units in full year 2019. DAMAC focused throughout 2019 on deliveries and execution of projects in the construction pipeline. The year marked the first deliveries in the master development…
DUBAI: Pakistan Property Show (PPS) 2019 successfully concluded at the Dubai World Trade Centre in Dubai on Friday. It was organised by Pakistan’s largest property portal Zameen.com. Amjad Ahmad Ali, Consul General of Pakistan in UAE, graced the occasion as special guest on its second and last day.A total of 64 exhibitors offered property options…
LONDON: OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, has signed a listing agreement with Persimmon Plc, one of the UK’s leading house builders, a press release issued to London Stock Exchange said. Under the agreement, which covers listing and additional advertising products, Persimmon Plc will list all its residential developments at…