Gresham House Energy Storage Fund pins hope on future growth as earnings crumble
Gresham House Energy Storage built its portfolio from 598 megawatt hours (MWh) at the end of 2022 to 788MWh at the end of 2023. It has planned further growth in 2024.
Supermarket Income REIT expands into Europe after buying stores from French retailer in £64m deal
Supermarket Income REIT has acquired a portfolio of popular supermarkets in France for €75.3m (£64.4m), reflecting a net initial yield of 6.3 per cent.
Gresham posts strong results as it gears up to leave London Stock Exchange
It comes three weeks after Gresham announced it is set to be bought by STG Partners, an American private equity firm, for just under £150m.
Lack of major natural catastrophes puts Lloyd’s of London insurer Beazley on front foot
For the full year, the company said it expected to report a combined ratio—a measure of insurance premiums taken as a percentage of losses paid out—in the low 80s on an undiscounted basis.
Hipgnosis board recommends new £1.25bn bid from Blackstone
Blackstone's $1.30 in cash per share bid, higher than the revised offer from Concord Music, values Hipgnosis at about $1.57bn (£1.25bn).
Domino’s Pizza: Poland and Croatia arm on target as sales surge in first quarter
DP Poland, the operator of Domino's pizza stores and restaurants across Poland and Croatia, reported a rise in sales in the first quarter of the year.
Lloyd’s of London leans on its unique qualities to ignite growth
Since the first agreements between merchants and shipowners were inked in Edward Lloyd’s coffee house in 1698, the market has relied on paper-heavy face-to-face trading.
Flat owners in London feel the squeeze as service charges balloon
The average annual service charge on London flats has risen close to 10 per cent over the last 12 months, piling further pressure on cash strapped city dwellers.
London house prices fall on back of rising mortgages and stamp duty
London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
Ocado to be grilled on staff pay inequality at upcoming annual meeting
The board of grocery technology business Ocado will face a question about staff pay inequality at their annual general meeting on Monday.