- Residential property developer and urban regeneration group Sigma Capital said it posted a stronger performance in the second half of the year, as expected.

In a trading update for the year through December, the company said growth was particularly strong in the fourth quarter.

'This resulted in a significant uplift in development fees and development profits half-year on half-year,' it added.

Sigma Capital said it also benefited from an increase in asset management income following a full year of investment adviser fees from The PRS REIT'S £250m equity raise in February 2018.

'The board therefore expects full year results to be in line with market expectations,' the company said.

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