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Peter Bill

@peterproperty

Author: Broken Homes & Planet Property. Editor: Building (90-6) Estates Gazette (97-09) Columnist: Standard (08-15) Property Week (17-25) EG (09-17 & 25- )
London, England amazon.co.uk/Broken-Homes-P… Joined May 2011
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Peter Bill @peterproperty
City AM: Michael Rappsof of Converium Capital, which owns 7% of Foxtons said they should halt dividends and commit to share buybacks of up to £20m a year. “The dividend is not a good use of capital when your stock trades at half the multiple of peers.”
cityam.com/investors-urge…
www.cityam.com Investors urge Foxtons to face up to property market slump Estate agency Foxtons has been urged to face up to the UK’s struggling property market by pursuing consolidation and halting its dividend.
Peter Bill @peterproperty
Guardian: In the capital’s zone 1 there were 1,400 completed but unsold homes by September, three times the number in 2016, according to Molior. Just 1,600 homes started construction in the area in the past 12 months, 75% fewer than a decade ago.
theguardian.com/news/2026/nov/…
www.theguardian.com Prime property, slow sales: why London’s stock of empty high-end flats is piling up Homes in the West End, Mayfair and Marylebone are going unsold – and developers are counting the cost