UK Business Property - RSS FeedCommercial Property NewsKier Group shrugs off credit crunch - dip in September but order book still strong.- October 30, 2007 Kier Group, the British construction, home-building and support services company, shrugged off the threat of a downturn in the housing market yesterday when it said it was still on track to meet full-year profit targets.The company said its Kihttp://www.ukbusinessproperty.co.uk/news/article/316 Humberts hit by credit crunch as the usually strong September trade dies- October 30, 2007 Humberts, the AIM listed service estate agents and valuers, today makes its annual trading update in respect of their financial year ended 30 September 2007, the results of which are expected to be announced in early January 2008. Shares in the firm, alrhttp://www.ukbusinessproperty.co.uk/news/article/315 2007 Property Rich List shows less than a quarter of the wealth was inherited and wealth grew 15% in the year- October 29, 2007 THE 500 wealthiest UK property owners have amassed a combined net worth of £117 billion, new research shows.The Estates Gazette Rich List 2007 reveals an average individual fortune of just over £230 million for each of the 500 entrhttp://www.ukbusinessproperty.co.uk/news/article/314 Shareholders of F&C, the UK's largest property fund, vote for it's survival.- October 26, 2007 The £803m F&C Commercial Property Trust is the UK's largest property investment trust, and is invested in 29 properties in the UK, with an average value each of about £36m.It aims to provide shareholders with an attractive levehttp://www.ukbusinessproperty.co.uk/news/article/310 Fursa moves to oust Bellis and Cummings from Erinaceous- October 26, 2007 Fursa, the activist hedge fund, today followed through on its threat to demand an extraordinary general meeting at Erinaceous, at which it plans to call for the removal the former management team from the property services group’s board.http://www.ukbusinessproperty.co.uk/news/article/311 Takeover Panel gives Delta 2 ultimatum on J Sainsbury bid.- October 26, 2007 The Takeover Panel today gave Delta Two less than two weeks to make a firm offer for J Sainsbury as the Qatari-backed fund seeks an additional £500m of equity funding for its takeover bid for the supermarkets group.Delta Two is in talkshttp://www.ukbusinessproperty.co.uk/news/article/312 Commercial property derivatives trading gains pace as more Banks jump in- October 26, 2007 As banks and hedge funds increasingly seek new ways to shore up balance sheets in the wake of the credit squeeze, property derivatives have emerged as a lucrative way of bolstering returns.In the UK, which has the most developed market in thehttp://www.ukbusinessproperty.co.uk/news/article/313 Glasgow's 350 million Silverburn Mall opens today in a soft opening with some work incomplete- October 25, 2007 There is always something to do at the last minute when you're expecting visitors, and Glasgow's new Silverburn shopping centre is no exception. Some 1600 construction and finishing workers were still there last night with the first 12,000http://www.ukbusinessproperty.co.uk/news/article/309 Farmland prices show contnued strength - up 27.3% in year to June say Knight Frank- October 25, 2007 AFTER a lousy summer of floods and cattle disease, and the prospect of large tax increases on land sales, the British agricultural sector has endured a rough few months. Yet writing off farmland as an investment strategy is premature, as land values are chttp://www.ukbusinessproperty.co.uk/news/article/308 Bank of England expert warns that the Buy to Let sector is weak but reassures market about credit crunch- October 24, 2007 The Bank of England's leading property expert has warned that problems in the buy-to-let sector could provide the trigger for a housing market correction.Kate Barker, one of the Monetary Policy Committee's longest-serving members and an advisehttp://www.ukbusinessproperty.co.uk/news/article/307 |