UK Business Property - RSS FeedCommercial Property NewsCBRE report 2007 revenues up 49% on global operations- February 6, 2008 CB Richard Ellis Group, Inc. today reported full year 2007 revenue rose 49.7% to $6.0 billion and earnings per share increased 23.0% to $1.66 per diluted share ' both record levels for the Company.'We're very proud of our performance inhttp://www.ukbusinessproperty.co.uk/news/article/537 Quintain Estates report continued steady progress for Q3 despite sector woes- February 5, 2008 Quintain Estates and Development said it continued to expand its business in its fiscal third quarter and early 2008, supported by a diversified model, despite a downturn in the sector."Since 30 September 2007, Quintain has continued to ahttp://www.ukbusinessproperty.co.uk/news/article/536 PRUPIM get green light to start building private railway station for Green Park business park area- February 5, 2008 Developer PRUPIM, on behalf of insurance giant Prudential, will build a new private railway station on Kirtons Farm Road in southern Calcot, Berkshire, with work to start later this year.The station will be built on the Reading to Basingstoke railwahttp://www.ukbusinessproperty.co.uk/news/article/533 RBS and Barclays face disposals or Rights Issue decision to repair balance sheet.- February 5, 2008 Royal Bank of Scotland is being urged to call on shareholders for a £12 billion rights issue to bolster a damaged balance sheet, but the stigma attached to such a move makes asset sales a more likely option.Britain's second biggest bankhttp://www.ukbusinessproperty.co.uk/news/article/535 LloydsTSB bankroll EDI Group 10 year development programme in Edinburgh- February 5, 2008 The EDI Group Scotland (EDI), led by chief executive Ian Wall, is poised to expand its portfolio of property ventures, thanks to a finance deal secured with Lloyds TSB Scotland. EDI selected Lloyds TSB Scotland as its new funding partner, to prohttp://www.ukbusinessproperty.co.uk/news/article/532 Woking approve plans for 18 storey office tower in biggest Woking development for 20 years- February 5, 2008 Hutley Investments has secured planning permission for a reduced version of their planned tower on Victoria Way in Woking.Now standing at 18 rather than 25 storeys, the design of the previous tower by HLM Architects remains except for thhttp://www.ukbusinessproperty.co.uk/news/article/534 Punch Taverns confirms it's 5 billion offer for M&B- February 4, 2008 Pub firm Punch Taverns said today it had outlined terms of a possible merger with rival Mitchells & Butlers.Punch said under the proposal the two firms would merge, with both sets of shareholders owning 50% of the combined company. Mhttp://www.ukbusinessproperty.co.uk/news/article/531 Loch Fyne boosts stagnant Greene King, while Fullers sales slow on smoking ban.- February 1, 2008 Greene King, the brewer and pub operator, has felt the benefits of its acquisition last year of restaurant chain Loch Fyne, as pub sales stalled over the Christmas period. Fuller's Inns outlets open at least a year rose 4% in the 43 weeks ended Jan. 26, dhttp://www.ukbusinessproperty.co.uk/news/article/530 Cushman & Wakefield revenues rise 21% to over 900 million- February 1, 2008 Cushman & Wakefield, have increased their global revenue to over £900 million in 2007 which represents a rise of over 20% on the previous year.With regards to the UK operations there was a 12.9% increase giving a total revenue sum ofhttp://www.ukbusinessproperty.co.uk/news/article/529 Punch Taverns denies speculation that it has made a bid for M&B- February 1, 2008 Punch Taverns has denied speculation linking it to a takeover bid for Mitchells & Butlers (M&B) after the rival operator admitted that a number of parties had expressed an interest in buying the company.M&B confirmed that ithttp://www.ukbusinessproperty.co.uk/news/article/528 |