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Morgan Sindall posts 23% profit hike

The multi-disciplinary contractor has reported group revenue up by 6% to almost £3bn, with pre-tax profit reaching £81.6m in its full year results.

Intu reports £1bn loss as portfolio value plummets

The retail business, which operates the Trafford Centre among a 20-strong estate, has reported a loss of £1.1bn after a torrid year for retail saw the value of its portfolio written down from from £10.5bn to £9.2bn.

Poseidon House, Cheadle

Cromwell sells Cheadle office

Australian investor Cromwell Property Group has sold Poseidon House in Cheadle, Stockport to a London-based private investor for £6.9m, reflecting a net initial yield of 6.8%.

Middlewood Locks Compressed

PRS brand takes 800 Middlewood Locks apartments

A joint venture between Delancey Oxford Residential, APG and Qatari Diar has confirmed the forward-purchase of more than 800 rental homes at Middlewood Locks in Salford, to be managed by its Get Living platform.