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Vistry sells 1,750 homes to Blackstone; UK retail sales rise slightly – Business Live Update

Vistry has announced the sale of 1,750 homes to Blackstone, with the properties set to be managed by private rented housing firm . Meanwhile, retail sales in the UK saw a slight increase in May. In the financial markets, both UK and European shares are experiencing losses, with oil prices also falling as investors anticipate an increase in supply later in the year. The FTSE 100 index in London is down by 0.4%, while Germany's Dax and France's CAC have both dropped around 0.3%. Italy's FTSE MiB has seen the largest decline, falling by nearly 0.7%.
Blackstonebusiness newseconomic indicatorsEuropean sharesFrance CACFTSE 100 indexGermany Daxhousing marketinvestor sentimentItaly FTSE MiBLeaf Livingmarket trends.oil pricesprivate rented housingreal estate investmentsupply expectationsUK retail salesVistry

What is the latest business deal involving Vistry?

The latest business deal involving Vistry is the sale of 1,750 homes to Blackstone, with the homes to be managed by private rented housing firm Leaf Living.

How are UK and European shares performing?

UK and European shares are in the red, with the FTSE 100 index in London down 0.4%, Germany’s Dax and France’s CAC both losing around 0.3%, and Italy’s FTSE MiB falling nearly 0.7%.

What is the current trend in oil prices?

Oil prices are falling as investors expect more supply later in the year.

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