Body of man shot to death found on Colfax Ave. in Aurora
A homicide investigation is underway after a man was found dead with a gunshot wound on Colfax Avenue in Aurora Thursday night.
A 911 caller reported finding the man in the 8900 block of East Colfax, Aurora police said in a 10:51 p.m. post on X.
No more information has been released yet, but Aurora police said crime scene investigators and major crime homicide unit detectives were at the scene Thursday night.
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LondonMetric Sells Four Long Income And Retail Assets For £16.9 Mln In Total
LondonMetric Property Plc (LMP.L) announced Monday the sale of four long income and retail assets in separate transactions for total price of 16.9 million pounds.
The combined price is in line with book value.
The company has sold a 27,000 sq ft Waitrose store in Malmesbury for 9.6 million pounds, reflecting a NIY of 4.66%. It was acquired from Waitrose as part of a sale & leaseback portfolio of five stores in June 2020. The WAULT is 17 years.
Further, the assets comprising 47,000 sq ft of high street retail in Sunningdale and Rayleigh were sold for 7.3 million pounds, reflecting a NIY of 8.62%. The three properties total 15 units and have a WAULT of four years. The properties were acquired by LondonMetric as part of the CT Property acquisition in August 2023.
Following completion of CT Property acquisition, the company said it has been proactively looking to dispose of select non-core assets.
Andrew Jones, Chief Executive of LondonMetric, said the proceeds enable the firm to pay off all outstanding floating rate debt, leaving 100% of its drawn debt hedged.
The company expects to announce further sales shortly.
Vistry H1 Profit Before Tax Rises; Confirms FY23 View
Vistry Group PLC (VTY.L), a British house-builder, on Monday reported higher profit before tax and revenues for the first half of the year. However, earnings after tax decreased. The company also reiterated its fiscal 2023 earnings guidance.
Half yearly profit before tax increased 2.6 percent to 114.2 million pounds from 111.3 million pounds of last year.
After tax, earnings fell to 83.22 million pounds or 24.1 pence per share from 86.63 million pounds or 38.9 pence per share of previous year.
Excluding items, profit before tax decreased 8.4 percent to 174 million pounds from 189.9 million pounds a year ago.
Adjusted earnings per share fell to 38.2 pence from 67.2 pence last year.
Revenues surged 32.7 percent to 1.58 billion pounds from 1.19 billion pounds of the prior year.
Adjusted revenues increased 31.4 percent to 1.78 billion pounds from 1.35 billion pounds of the previous year.
Looking forward to the full year, the company continues to expect more than 450 million pounds of adjusted profit before tax.
On Friday, shares of Vistry closed at 800 pence up 0.50% on the London Stock Exchange.
Restaurant Group To Sell Loss Making Leisure Business To Big Table Group
The Restaurant Group Plc (RTN.L), a British chain of restaurants and public houses, said on Monday that it has inked deal with respect to the proposed sale of its loss making Leisure business comprising of 75 trading sites and associated restaurants to the Big Table Group.
The consideration of the transaction is just 1 pound.
As part of the deal, expected to be closed in early fourth-quarter, TRG will pay a cash contribution of 7.5 million pounds to the Big Table Group.
Restaurant Group expects that the transaction will marginally accretive to its earnings in its first full year of post-transaction.
The Group has concluded that the sale will significantly support its adjusted EBITDA margin accretion and deleveraging.
In addition, the seller noted that the transaction will create a high-quality retained group consisting of the three divisions of Wagamama, Pubs and Concessions which have delivered very strong like-for-like sales and adjusted EBITDA growth during the first half of 2023, with appealing long-term prospects.
For the full year 2022, the Leisure business had posted a statutory loss before tax of 65 million pounds.
Pound climbs for first time in seven days as sterling soars above $1.25
The pound has climbed for the first time in a week and has extended gains above $1.25.
Treasury Secretary Janet Yellen’s commented on the markets, saying she’s “feeling very good” about a soft economic landing for the US.
As the pound climbs, UK rents are also predicted to rise 25 percent in the next four years, according to a report by broker Hamptons International.
BMW will invest in upgrading the Oxford factory where the Mini brand was born after securing millions in financial support from the government.
The exchange rate fell below 1.25 in the previous week and analysts suggest this underscores a deterioration in the technical setup that leaves the charts advocating for further near-term losses.
George Vessey, FX and Macro Strategist at Convera said: “A test of the $1.25 level for GBP/USD was brewing and the key psychological level did indeed give way.
“The 200-day support, located at $1.2425, could be the next short-term target as questions about the UK interest rate trajectory weigh on sterling.
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