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Phoenix-backed homeless shelter company in turmoil after rent collapse


Phoenix-backed homeless shelter company in turmoil after rent collapse

Domus Social Housing was established to support homeless and vulnerable groups, but saw its rental income collapse. The future of a homeless housing investment firm modeled on the scandal-plagued Home REIT and backed by the Phoenix Group is in jeopardy after a number of its tenants filed for bankruptcy or stopped paying rent. City AM. […]

Don’t tell Sid! Government sale of Natwest could be ‘dangerous’, says FTSE 250 chief


Don’t tell Sid! Government sale of Natwest could be ‘dangerous’, says FTSE 250 chief

The government plans to sell some of Natwest’s shares to the public this summer. The government’s plan to sell its remaining stake in Natwest could be “dangerous” and lead to a flood of retail investors increasing their exposure to a single stock, the head of a FTSE 250-listed asset manager has warned. In an interview […]

Macquarie considers reducing stake in Cadent as gas network prepares for net zero transition


Macquarie considers reducing stake in Cadent as gas network prepares for net zero transition

Australian asset manager Macquarie, along with another shareholder, is considering selling part of its stake in Cadent for a total value of £1.3 billion as the UK gas network prepares for the energy transition. A source close to the process said City AM that Macquarie is considering selling almost five percent of its stake in […]