UK Business Property - RSS FeedCommercial Property NewsHSBC expected to announce it has sold Canary Wharf building for 1 billion this week- April 23, 2007 HSBC is expected to announce an overseas buyer for its £1 billion Canary Wharf headquarters within a week. The bank has whittled down the suitors for the 46-storey building to a shortlist of two in an auction arranged by CB Richard Ellis.brhttp://www.ukbusinessproperty.co.uk/news/article/34 Carrefour signals sale of some or all of it's property portfolio to increase shareholder return- April 23, 2007 Carrefour chief executive Jose-Luis Duran has signalled a possible sale of some or all the group&39;s property portfolio, which one investor claims could be worth up to 30 bln eur.In an interview with French business daily Les Echos, Duran sahttp://www.ukbusinessproperty.co.uk/news/article/36 UK Coal plc commercial property portfolio continues to perform well- April 22, 2007 Britain&39;s largest coal miner UK Coal Plc said trading had been within its expectations and the firm would continue to focus on realising potential gains in its large property holdings, which continued to progress well.It develops land whehttp://www.ukbusinessproperty.co.uk/news/article/35 Liberty International plc -Chairman sees prosperity for shopping centre developer operator- April 20, 2007 Liberty International plc the property specialist focusing on regional shopping centres, said today it is well placed for future growth."After an exceptionally busy start to the year, our sound financial position and the underlying strenhttp://www.ukbusinessproperty.co.uk/news/article/32 FSA warn lenders to expect UK House Price collapse of 20%- April 20, 2007 The regulator is warning house prices could dip by 20 per cent and is warning lenders to factor this into their business plans.Financial Services Authority retail markets managing director Clive Briault told the CML annual lunch today that hehttp://www.ukbusinessproperty.co.uk/news/article/33 Business Rates up by 29% to average 9294 in past 7 years, with wide variation by location- April 19, 2007 Business rate increases in England and Wales over the past 7 years underline location as a key ingredient in controlling business costs, according to new research from Bank of Scotland Business Banking.The Bank’s first review of businesshttp://www.ukbusinessproperty.co.uk/news/article/31 Mapeley ahead in race to redevelop Northern Ireland Government portfolio- April 19, 2007 MAPELEY, the Guernsey-based property company that owns a property portfolio worth £2bn ($4bn, e3bn), is frontrunner to win the £1.5bn contract to redevelop some of Northern Ireland’s most historic buildings.Workplace 2010, thhttp://www.ukbusinessproperty.co.uk/news/article/30 Arlington let new outer Bristol environment- friendly office development at local record 22.50sq ft- April 19, 2007 Atkins, the global engineering consultancy, has signed a record-breaking property deal to move its West staff into an environmentally-friendly regional office.The company, with more than 700 staff spread across seven buildings at Aztec West, near Brhttp://www.ukbusinessproperty.co.uk/news/article/29 London Developers are paying 20-30% too much for development land says report- April 18, 2007 Developers in London are routinely overpaying by between 20% and 30% for land, a major survey of the capital’s property market has found.London Development Research’s Red Book, described by economists as a ‘bible’ for dhttp://www.ukbusinessproperty.co.uk/news/article/27 Empty Property Relief changes to put pressure on industrial property rents and roofs.- April 18, 2007 In one of the more controversial announcements of the 2007 Budget, the Chancellor will, from 2008, aim to raise approximately £1bn a year by restricting Empty Property Relief (EPR).But while Mr Brown’s eyes may be flashing uphttp://www.ukbusinessproperty.co.uk/news/article/28 |