IMI: Morgan Stanley upgrades to overweight with a target price of 1,410p.
Capital & Counties said on Thursday that it's considering a demerger that would create two separately-listed businesses based around its Covent Garden and Earls Court estates, as it announced the departure of chairman Ian Durant.
Capital & Counties and its joint-venture partner have exchanged contracts to sell all the apartments and parking spaces at their 9 Lillie Square block in London's Earls Court for £66m.
Capital & Counties Property reported a negative total return for 2017 as the value of the London landlord's Earls Court properties fell sharply.
Capital & Counties is in talks with the office of the Mayor of London over the ongoing use of the Empress State Building in West London by the Metropolitan Police.
Some of the most defensive areas of the market came under pressure on Thursday, weighed down by a mix of negative company-specific news-flow and broker commentary, against a backdrop of rising Gilt yields.
Capital & Counties Properties has acquired the long leasehold interest in 15-17 Long Acre & 27b Floral Street for £79m before purchaser's costs.
Capital & Counties confirmed on Wednesday that it is in talks with the London borough of Hammersmith & Fulham about significant changes to the development of the property developer's 77-acre Earls Court development.
Merlin Entertainments: Credit Suisse upgrades to Outperform with a target price of 440p.
Capital & Counties sounded a confident note on the outlook for its Covent Garden estate, despite the uncertain economic and political environment, reiterating its medium-term estimated rental value target for it.
BAE Systems: Deutsche Bank reiterates Buy with a target price of 665p.
Capital & Counties confirmed on Friday that it is in advanced discussions to sell its exhibition business, Venues.
Unilever: Berenberg reiterates Buy with a target price of 4100p.
Capital & Counties Properties' net asset value fell in 2016 due to changes in stamp duty and political uncertainty, although the property firm remained upbeat over its key London assets in Earls Court and Covent Garden.
Capital & Counties Properties is on track to hit its estimated rental value target of £100m at Covent Garden by December next year as leasing activity has been positive.
Capital & Counties Properties announced on Wednesday that Situl Jobanputra will be appointed to the executive director position of chief financial officer, with effect from 1 January.
Investment company Capital & Counties bought a Covent Garden property from Derwent London real estate investment trust for £67.5m.
Surveyors reported an unexpected increase in house prices in the last three months as demand rose but the supply of new homes for sale dropped off and numbers for sale in London dropped to a historic low.
Capital & Counties Properties' (Capco) subsidiary Covent Garden Holdings has raised £175m from an agreed placing of long-term notes with five US investors in order to beef up its balance sheet and repay debt.
Capital & Counties posted its interim results for the six months to 30 June on Tuesday, reporting equity attributable to owners of the parent of £2.8bn - down from £2.9bn at the start of the period.