UK Business Property - RSS FeedCommercial Property NewsIPD reports the largest fall in commercial property capital values and total returns on record- January 31, 2008 IPD today announced the fourth quarter UK Quarterly Property Index. The change in the capital value of investments in UK commercial property over the quarter was -8.7%.The total return to property investments was -7.6%, the biggest fall inhttp://www.ukbusinessproperty.co.uk/news/article/527 Humberts receives takeover approach- January 31, 2008 Humberts more than doubled yesterday after admitting it has received a bid approach, just over a week after warning it will report a loss for the first quarter."Humberts confirms it has received a preliminary approach which may or may nothttp://www.ukbusinessproperty.co.uk/news/article/526 Candy brothers lining up more targets for Qatari firepower as they move into Chelsea Barracks- January 31, 2008 Property entrepreneurs Christian and Nick Candy are considering buying one of Britain's biggest property companies, nine months after purchasing Chelsea Barracks for £959 million, the Daily Telegraph reported.Christian Candy, who runs dehttp://www.ukbusinessproperty.co.uk/news/article/525 Jones Lang LaSalle report 2007 as best year ever, but as a year of 2 halves- January 31, 2008 Jones Lang LaSalle, the global property consultants with 170 offices worldwide in over 60 countries, reported 2007 revenue increased 32% to $2.7 billion. Operating income grew 40%, led by Asia Pacific and EMEA within which revenue in England, the fihttp://www.ukbusinessproperty.co.uk/news/article/524 RICS say commercial property tenant demand at lowest for more than 4 years- January 30, 2008 Tenant demand for British commercial property in the last quarter of 2007 fell to its lowest level in more than four years, a survey by the Royal Institution of Chartered Surveyors (RICS) showed today.In stark contrast with a report publhttp://www.ukbusinessproperty.co.uk/news/article/523 US Federal Reserve expected to cut US rates by further 12% today in bid to get ahead of the curve.- January 30, 2008 The Federal Reserve is expected to further lower U.S. interest rates today as part of an ongoing aggressive effort to spare the economy from the worst effects of a deep housing slump and credit crunch.Any rate cut would follow a surprise threehttp://www.ukbusinessproperty.co.uk/news/article/522 Bank of England dilemma as prices rise and spending stalls- January 29, 2008 The Bank of England will have to hope talking tough on inflation will be enough to stop price pressures getting out of control this year, as a slowing economy and market turmoil force its hand on interest rate cuts.Markets are currently pricinhttp://www.ukbusinessproperty.co.uk/news/article/517 M & B hedge losses on its opco propco deal with Tchenguiz cut at cost of 274 million- January 29, 2008 M&B, owner or operator of 2,000 outlets including the All Bar One and Harvester pubs, bet against rising interest rates last summer as part of a £4.5 billion opco propco deal with Robert Tchenguiz's R20 vehicle.But potential investorhttp://www.ukbusinessproperty.co.uk/news/article/516 Jones Lang LaSalle report that total commercial property volume last year was 51 billion- January 29, 2008 The UK commercial property sector clocked up transactions worth £51 billion in 2007, down just £12 billion from the £63 billion of transactions in the bumper year of 2006, according to research by property services and management firm Johttp://www.ukbusinessproperty.co.uk/news/article/520 Regional vultures the latest variant as Bank of Scotland backs commercial property recovery.- January 29, 2008 The property "vultures" are ready to gorge on the bodies of victims of the current downturn, with Real Estate Investors (REI) joining the flock, committing £100 million to buy commercial property in the Midlands.REI has refinanhttp://www.ukbusinessproperty.co.uk/news/article/519 |