Property Franchise Group (LON:TPFG) saw its shares rally during the Tuesday session, after posting modest progress for the financial year ended 31 December 2019. The company’s statement to its shareholders read, “The Group has successfully navigated a difficult year for UK residential property and performed in line with market expectations, delivering growth in both revenues […]

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Russia-focused real estate development company AFI Development (LON: AFRB) posted underwhelming results for the first nine months of the year, in what it described as ‘challenging market conditions’. The Company were able to report some areas of progress. For instance, they celebrated year-on-year revenue growth for the nine month period, from $207.1 million to $254.4 […]

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Global real estate services provider Savills plc (LON: SVS) saw its profits dip during the first half of 2019, despite seeing Group revenue jump on a year-on-year basis. The Company reported a 16% growth in first half group revenue, up 16% to £847.0 million. Despite this, its underlying profit for the period dipped 12% on […]

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Commercial real estate company Summit Germany Ltd (LON:SMTG) saw their shares dip in trading on Wednesday following an announcement that the offices of their major shareholder, Summit Real Estate Holdings (TLV:SMT), had been searched as part of an ongoing investigation. Summit in deep water The investigation is into insider trading in Israel, and the Israeli […]

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