Plus, industrial and logistics REITs continue their fall
Reports claim £4bn cladding remediation bill no longer part of current government negotiations
Potential all-cash offer from Slate boosts McKay Securities
Takeover deal values Ireland-focused REIT at almost €1.1bn
The company is set to be removed from the FTSE index in the coming days
Plus, Purplebricks rises as chief executive heads for the door
Russian real estate investor has lost two-thirds of its value since the invasion of Ukraine began
Volatility leads REIT to halt IPO process as markets dive
Company set to step up disposal drive after selling largest asset to LXi REIT
Stock still remains in a better position than it did for much of late 2021
Company says period of “improved trading” will lift full-year bottom line above expectations
Global stocks drop on expectations of rate rises