Piers Wehner
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MORNING NEWS: Home REIT under investigation
Plus – Berkeley strikes Homes England deal for 8,00 homes and bad news for Body Shop landlords
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FCA to investigate Home REIT
Shares in the troubled REIT were suspended on 3 January
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Vistry to deliver 5,000 homes for Sigma’s BTR brand
The framework agreement will deliver the homes over the next five years
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Henley gets nod for beds and sheds at Albert and Swedish Wharf
Thames-side scheme will include 276 flats and a 55,000 sq ft last-mile logistics depot
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Homes England, GLA and Berkeley sign strategic partnership
A £125m infrastructure loan will help unlock 8,000 homes in central London
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Body Shop administration could close 100 stores
FRP Advisory has been hired to consider options
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Home Office does deals for 16,000 asylum seeker properties
Landlords have been offered five-year rent-guarantee deals
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Legal challenge over plans to relax sewage laws for housebuilders
A campaign group has submitted plans for a judicial review
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FCA fines and bans LCF director
Floris Huisamen handled compliance for the minibond property investor
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Harris ditched Abrdn after losing faith
Shareholder “lacked confidence that management could repair the business”
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Airbnb revenue exceeds expectations
The rental platform pulled in $2.22bn in Q4, ahead of the $2.17bn expected by analysts
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Shopping centre slump is turning around
Investment is shopping centres was lower in 2023 than in any year since 2000