Belvoir Lettings interim profit slips as pre General Election slowdown hits revenue
9th Sep 2015 10:18
(ShareCast News) - Letting franchise group Belvoir Lettings said its interim profit slid, as a market slowdown had a negative impact on revenue. In the six months to the end of June, the London-listed company posted pre-tax profit of £747,000, a 3.3% decline year-on-year, while revenue slid 18.1% co
Read moreBelvoir Lettings shares fall on acquisition news
8th Jul 2015 15:59
Shares in Belvoir Lettings fell after the company said it had acquired East Midlands firm Newton Fallowell and said it would raise more capital. The AIM listed firm was trading at 127p at 16.05, having lost 4.15% since it opened on Wednesday. Belvoir said it had reached a conditional agreement to b
Read moreBelvoir Lettings completes Lettings @ Victoria Mills acquisition
5th Dec 2014 11:20
Belvoir Lettings has completed the acquisition of West Yorkshire-based lettings agency Lettings @ Victoria Mills. The firm said the purchase was carried out by the franchise owner of Belvoir Leeds North West, with a £66,000 pound loan provided by the head office and the remainder of the acquisition
Read moreBelvoir Lettings H1 revenue rises due to management fees
10th Sep 2014 15:47
UK housing agency Belvoir Lettings saw revenues rise 32%, with management waxing optimistic on the outlook for future demand. UK housing agency Belvoir Lettings saw revenues rise 32%, with management waxing optimistic on the outlook for future demand. Sales for the first six months of the year incr
Read moreBelvoir Lettings buys Maitland Rachel
4th Jul 2014 17:47
Belvoir Lettings has purchased lettings and estate agent Maitland Rachel in Hereford. Maitland Rachel will be combined with the franchise owner's current agencies. The acquisition will be financed by a loan from Belvoir head office, funded through existing cash facilities and will more than double
Read moreBelvoir Lettings acquires two new offices
2nd Jul 2014 09:43
Real estate investment group Belvoir Lettings has acquired two new offices as part of its plan to expand the company's geographical presence. The group has purchased independent lettings agent, Key Estate Agents, located in Attleborough, which will be combined with its branch Belvoir Nuneaton, repr
Read moreBoohoo Chairman increases stake after results beat expectations
17th Jun 2014 16:05
Peter Williams, the Non-Executive Chairman of boohoo.com, has upped his stake in the AIM-listed fashion retailer to 2.2m shares. The Chairman added 100,000 shares at 50.68p each in a transaction worth £50,680. The deal was made just a few days after the recently floated company delivered record
Read moreThursday broker round-up UPDATE
24th Apr 2014 09:19
AMEC: UBS ups target price from 1145p to 1200p maintaining a neutral rating. ARM Holdings: HSBC raises target price from 1080p to 1120p and keeps an overweight rating. Associated British Foods: HSBC increases target price from 280p to 310p and upgrades from neutral to overweight. Deutsche Bank rai
Read moreBelvoir Lettings receives harsh reaction to fee delay news
12th Mar 2014 09:29
The market reacted very harshly to news from Belvoir Lettings that growth in managed services fees (MSF) would be lower than forecast. This was despite the year-end trading update from the AIM-listed lettings franchisor detaling a 44% increase in reveneues to £5.8m and a doubling in second half pr
Read moreBelvoir Lettings announces UK portfolio acquisition
29th Nov 2013 14:16
Shares in Belvoir Lettings climbed after the company announced the acquisition of a "significant" lettings portfolio in the Cheshire and Merseyside regions of the UK. The deal is a joint acquisition by the group's franchises Belvoir Warrington and St Helens and is expected to be earnings enhancing
Read moreBelvoir launches new pilot scheme
5th Sep 2013 10:47
Belvoir Letting has launched a new estate agency sales pilot trialling residential property sales for one year. The trial initially includes ten offices from a cross-section of Belvoir outlets across England, Scotland, Wales and Northern Ireland and will run an estate agency offering alongside the
Read moreBelvoir Lettings acquires four lettings agencies
20th May 2013 12:04
Belvoir Lettings has acquired four lettings agencies based in England's Basingstoke and Andover. The UK letting company purchased Claygold, which trades as Redwoods from one branch in Andover and three in Basingstoke. Redwoods letting business will be sold on to the two existing Belvoir franchise
Read moreFriday broker round-up UPDATE
19th Apr 2013 08:47
African Barrick Gold: JP Morgan cuts target price from 290p to 200p, while leaving its underweight rating rating unchanged. Fox Davies reduces target price from 353p to 315p and maintains a hold rating. Westhouse Securities lowers target price from 195p to 180p retaining a neutral rating. Belvoir L
Read moreBelvoir Lettings Chairman sells shares to satisfy institutional demand
5th Apr 2013 16:55
Belvoir Lettings, the UK lettings specialist which listed on the AIM market in February last year, announced on Friday that its Executive Chairman and founder had sold a quarter of a million shares in the group in order to help satisfy 'significant institutional demand'. The news comes just a week
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
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