UK Business Property - RSS FeedCommercial Property NewsTerrace Hill annual results encourage the market, and new Stockport Business Park contract announced- February 19, 2008 Terrace Hill, the Aim-listed developer reassured in its full year results today that it was well-positioned for difficulties in the property market because of the defensive nature of its development business, even though the end value of it's developmehttp://www.ukbusinessproperty.co.uk/news/article/558 Scottish and Newcastle reports flat profits in it's final year as Heineken take over it's UK businesses.- February 19, 2008 The country's biggest brewer, Scottish & Newcastle, which has agreed to be taken over by Carlsberg and Heineken, said today its 2007 pretax profit was unchanged and it expected core markets to grow this year.The Edinburgh-based brewer repohttp://www.ukbusinessproperty.co.uk/news/article/557 Barclays results in line with market expectations.- February 19, 2008 Barclays, the country's third biggest bank, raised its 2007 write-down on the value of risky assets to £1.6 billion but said profits were broadly in line with analysts' expectations.Barclays reported on Tuesday a pretax profit of &http://www.ukbusinessproperty.co.uk/news/article/556 Knight Frank confirms that UK farmland prices rose 25% last year- February 18, 2008 Knight Frank is the latest property firm to confirm that land prices rose sharply last year, following the release of record figures last week from the Royal Institution of Chartered Surveyors.The firm said farmland prices increased by an averhttp://www.ukbusinessproperty.co.uk/news/article/555 James Barr expands south of the border- February 18, 2008 James Barr, the Glasgow-based property consultancy, has made its first moves to establish a presence in England in preparation for an upturn in market activity.The firm has hired commercial agent David Nicholson, who is head of Lambert Smith Hhttp://www.ukbusinessproperty.co.uk/news/article/553 FSA halts trade in Northern Rock shares as nationalisation legislation is prepared- February 18, 2008 Britain's financial watchdog said today it was temporarily suspending trading in shares of Northern Rock following the government's decision yesterday to nationalise the country's fifth largest mortgage bank.The suspension, by the Financial Sehttp://www.ukbusinessproperty.co.uk/news/article/554 Warner Estates reassures the markets with steady performance- February 15, 2008 UK property firm and co-investing asset manager Warner Estate Holdings said today its profits and revenues were improving despite sharp corrections in the value of real estate held by two of its biggest funds. In an interim management statementhttp://www.ukbusinessproperty.co.uk/news/article/550 IPD index shows worst January on record but decline is slowing- February 15, 2008 The negative total returns that have rocked the property investment industry slowed in January, with total returns down 1.6% in the month compared to 3.7% in December.Price losses slowed from 4.2% down in December to 2% in January said IPDhttp://www.ukbusinessproperty.co.uk/news/article/551 Government concede ground on Energy Assessors for commercial property- February 15, 2008 Commercial property transactions will go ahead after 6 April 2008 thanks to a government concession, despite a predicted shortage of qualified energy assessors. Under new legislation, owners of commercial property will have to hold a valid Energhttp://www.ukbusinessproperty.co.uk/news/article/552 Pubcos are dumping empty properties ahead of Empty Rates deadline- February 14, 2008 The licensed property market is being flooded with cheap empty sites ahead of the scrapping of concession rates for empty commercial properties. That is according to north-west London agency Paramount Investments.p class="dhttp://www.ukbusinessproperty.co.uk/news/article/548 |