Property & Construction UK

  • March 09, 2026

    Engineering Biz IMI Begins £500M Share Buyback Program

    Engineering firm IMI rolled out a share repurchase program of up to £500 million (£668 million) on Monday, in line with its plans to reward investors after reporting stronger revenue.

  • March 06, 2026

    Annington Sued By Trustees Amid £730M Bond Default Row

    Annington Funding PLC has been hit with a legal claim from its trustees over an alleged default on £730 million ($978 million) of debt linked to Annington's sale of thousands of U.K. military homes back to the Ministry of Defence.

  • March 06, 2026

    Taxation With Representation: Slaughter And May, Kirkland

    In this week's Taxation With Representation, British insurer Beazley accepts a cash takeover offer from Zurich Insurance Group, a consortium of investors led by Blackrock's Global Infrastructure Partners and the EQT Infrastructure VI fund buys energy company AES, and private equity firm Thoma Bravo acquires third-party logistics provider WWEX.

  • March 06, 2026

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen British American Tobacco sued by more than 100 investors, the government bring a claim against a COVID-19 supplier of personal protective equipment, Annington Funding sue its new corporate trustees on the Financial List, and Piers Morgan hit with a defamation claim from a pro-Israel barrister he interviewed on his YouTube channel. 

  • March 06, 2026

    CMS Guides Enviro Services Biz On £6.8M Asset Sale Deal

    Hargreaves Services PLC said Friday it has formally agreed to sell the second chunk of a renewable energy land portfolio to Meadow Partners, a real estate investment company, for £6.8 million ($9 million) cash.

  • March 04, 2026

    Shopping Park Developer To Raise £25M With London Float

    Scotch Corner said Wednesday it has launched a fundraising program to raise £25.5 million ($34 million) ahead of the shopping park developer's planned listing on a new section of the Aquis stock exchange.

  • March 04, 2026

    Taylor Wessing Leads Aroundtown's Grand City Properties Buy

    Luxembourgish property investor Aroundtown SA said Wednesday that it will buy additional shares in domestic rival Grand City Properties SA to bring its shareholding up to 89.5%.

  • March 03, 2026

    3 Firms Build $3.25B Sale Of MW Components, CPM

    Private equity shop American Securities on Tuesday announced that it has agreed to sell two of its portfolio companies to U.K.-based Rosebank Industries Plc in a deal that boasts an enterprise value of $3.25 billion and was built by three firms.

  • March 03, 2026

    Allianz, TotalEnergies Partner On €500M Battery Storage Deal

    AllianzGI said Tuesday that it has worked with TotalEnergies SE to develop €500 million ($580 million) worth of battery storage projects in Germany, entering the green energy storage market for the first time.

  • March 03, 2026

    Ashurst Advises Infrastructure Co. Kier On Shares Buyback

    Kier Group PLC began a program to repurchase shares of up to £25 million ($33 million) on Tuesday, a move the infrastructure services firm said it expects will lower its share capital

  • March 02, 2026

    Skadden-Led Energy Co. AES Agrees To $10.7B Buyout

    AES Corp., guided by Skadden Arps Slate Meagher & Flom LLP, said Monday that it has agreed to be acquired by a consortium of infrastructure investors led by Blackrock's Global Infrastructure Partners and EQT Infrastructure VI in a deal with a $10.7 billion equity value and a $33.4 billion enterprise value. 

  • March 02, 2026

    Insurance Broker Rejects 'Hopeless' Unpaid Loan Claim

    An insurance broker and its sole director have denied owing a real estate investment company over a nearly £227,000 ($303,500) loan facility because no actual money was drawn down under the agreement.

  • March 02, 2026

    Patron Capital To Buy 706 Home REIT Properties For £123M

    Real estate investment trust Home REIT said Monday that it has agreed to sell most of its assets to private investor Patron Capital for £123 million ($164.5 million) as it continues with its managed wind-down amid regulatory probes.

  • March 02, 2026

    Broker Denies Ex-Man Utd. Player's Portugal Property Claim

    A U.K. mortgage broker has denied liability in a real estate dispute at London's High Court over a £2 million ($3 million) claim from a company owned by former Manchester United footballer Scott McTominay.

  • February 27, 2026

    Watson Farley Steers Tankers Biz On $500M Fundraising

    Capital Tankers Corp. said Friday it has raised the Norwegian kroner equivalent of approximately $500 million in a heavily subscribed share sale as it looks to list in Norway.

  • February 27, 2026

    Reed Smith Leads Climate Tech Biz In $850M US SPAC Deal

    Renewable energy investor ThomasLloyd said Friday that it has agreed to merge with a special purpose acquisition company, which will allow it to be listed on the Nasdaq stock market at a valuation of $850 million.

  • February 27, 2026

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen Linklaters sue a shipping company, high-street clothing giant Urban Outfitters hit with an intellectual property claim, Ithaca Energy sue rival Chrysaor, and cabaret club magnate Alex Proud face legal action with his nightclubs in financial turmoil.

  • February 27, 2026

    Activist Investor Saba Blocks Exit For Impax Shareholders

    Impax Environmental Markets PLC said Friday it has been forced to scrap a planned exit offer for investors after activist stakeholder Saba Capital Management LP failed to meet a crucial condition of the proposal.

  • February 27, 2026

    Elliott Pushes LSE To Improve Finances After £3B Buyback

    Activist investor Elliott Advisors said Friday that it still wanted to see the owner of the London Stock Exchange improve its financial performance despite the company's move to pay back shareholders, confirming that it had taken a "significant stake" in the business.

  • February 26, 2026

    Freshfields Guides Asahi Kasei Unit In €780M Biopharma Deal

    Japanese conglomerate Asahi Kasei Corp. said Thursday it has agreed to buy biopharmaceutical company Aicuris for €780 million ($920 million) cash to fuel the German company's research and development efforts, in a deal steered by Freshfields LLP and Gibson Dunn & Crutcher LLP.

  • February 24, 2026

    Irish Biz To Buy Apartment Complex For €31.8M

    Real estate investment trust Irish Residential Properties said Tuesday that it has agreed to acquire 77 residential apartments in a satellite Dublin town from Westar Homes Ltd. for approximately €31.8 million ($37.3 million).

  • February 24, 2026

    Student Housing Biz To Sell London Building For £186M

    Unite Students said Tuesday it has agreed to offload a 571-bed property in London for £186 million ($251 million), as the campus accommodation provider looks to slim its portfolio of assets.

  • February 23, 2026

    Property Co. Says Lenders Can't Block Claim Over $68M Debt

    A Nigerian real estate company has said that two lenders cannot use the English courts to block it from pursuing proceedings against them in the west African country over the business' allegedly outstanding $68.6 million debt.

  • February 20, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The last week in London saw the founders of Getir sue investment fund Mubadala for more than $700 million tied to alleged breaches during the company's restructuring, the Welsh Rugby Union face a claim by Swansea Council over a proposed takeover of Cardiff Rugby, and Euro Car Parks target the Competition and Markets Authority after it was fined by the watchdog. Here, Law360 looks at these and other new claims in the U.K.

  • February 19, 2026

    Nordic Property Biz Raises $2.4M For $3.5B Buy

    Commercial property company PPI said it has raised approximately 22.5 million Norwegian krone ($2.35 million) in an equity offering to fund the 34 billion krone acquisition of a portfolio of social infrastructure properties.

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