UK Business Property - RSS FeedCommercial Property NewsChristies forecast rising freehold pub and restaurant values in 2008 due to limited supply of good locations- January 24, 2008 Pub and restaurant property values, as they are based on turnover, will not be affected by the decline in residential and commercial property values, as demand will outstrip supply for quality locations, experts have predicted.While the numberhttp://www.ukbusinessproperty.co.uk/news/article/510 HSBC strategist say's 2008 UK recession too close to call- January 23, 2008 Yesterday's falls took billions off the value of pension funds, savings and other investments and led to predictions that the UK economy is heading for a major downturn this year.The gloomy forecasts were underlined by official figures showinghttp://www.ukbusinessproperty.co.uk/news/article/505 JD Wetherspoon report better picture than major rivals and trims expansion plans to suit- January 23, 2008 JD Wetherspoon said today it was cautious about the next six months but it was seeing little sign of pubgoers staying at home to save money while the smoking ban had thrown up few surprises.Wetherspoon, which has almost 700 pubs in the UK, saihttp://www.ukbusinessproperty.co.uk/news/article/503 Great Portland reports robust demand despite a 6.5% fall in NAV in last quarter- January 23, 2008 Property firm Great Portland said today its net asset value per share fell 6.5 % in the quarter to end-December and warned that turbulence in the investment property market would continue.It said net asset value per share fell to 617 pence inhttp://www.ukbusinessproperty.co.uk/news/article/502 GVA Grimley buys Right to Light specialist consultancy- January 23, 2008 GVA Grimley Ltd, has acquired London based rights of light consultancy Schatunowski Brooks, as the firm looks to grow and complement its existing professional and development business. Schatunowski Brooks, is a London-based consultancy prhttp://www.ukbusinessproperty.co.uk/news/article/506 Colliers CRE report better than expected turnover last year- January 23, 2008 Colliers CRE PLC said today that it expects full-year turnover to be ahead of market expectations and post tax profits to be in line, as the majority of its businesses performed well throughout the year.It said the professional services offerihttp://www.ukbusinessproperty.co.uk/news/article/504 Slough announces 400 million regeneration after 10 years of contemplation- January 22, 2008 New plans, for a £400 million regeneration project to revamp Slough developed by Slough Borough Council and English Partnerships, and 10 years in the making, have been revealed. The Brunel Bus Station ( famous scene inThe Office comedy ) willhttp://www.ukbusinessproperty.co.uk/news/article/500 Land Securities books Q3 profit on property sales with strong performance- January 22, 2008 Land Securities said today it sold £507.8 million of properties in the quarter ending Dec. 31 at an average yield of 4.9 %, making a net profit of £17.7million. Britain's biggest property firm said the sales were 5.6 % above September 20http://www.ukbusinessproperty.co.uk/news/article/499 Scottish Widows adds to investors gloom as exit doors closed for 6 months- January 22, 2008 Scottish Widows became the property fund to slam the door on new withdrawals when it told 200,000 policyholders yesterday that they could not remove their money from two property funds worth £2billion for at least six months, in a bid to protect it'http://www.ukbusinessproperty.co.uk/news/article/501 Carlsberg and Heineken plan 7.8 billion carve up of Scottish & Newcastle- January 21, 2008 Britain's last big independent brewer Scottish & Newcastle is set to fall to rivals Carlsberg and Heineken after agreeing to talk about accepting a premium price for one of world's few available big brewers.S&N agreed to talk tohttp://www.ukbusinessproperty.co.uk/news/article/495 |