UK Business Property - RSS FeedCommercial Property NewsLaxey Partners buy into Shaftesbury Group- March 17, 2008 Laxey Partners, the Times reports, have bought an 11.8% stake in the £775million Shaftesbury Group, owner of much of Chinatown and Carnaby Street in London’s West End.The stake it bought was built up through contracts fhttp://www.ukbusinessproperty.co.uk/news/article/604 Farmland - next property bubble or undervalued asset- March 14, 2008 Following the bull run in metals and oil, agricultural land prices are rocketing as big money pours into the sector."You can't make it. And, as the world gets bigger and bigger over a period of time, the pressure on land and land use is ghttp://www.ukbusinessproperty.co.uk/news/article/603 Regus plc profits up 54% at 119 million- March 14, 2008 Regus Group PLC, the world's largest work stations provider, today unveiled a 54.1% increase in full-year pretax profit and said that while it is mindful of the economic climate, its indicators show no sign of slowdown at this stage.The companhttp://www.ukbusinessproperty.co.uk/news/article/602 From Cannes to Canning Town come the plans for a 2.7 billion urban regeneration programme- March 13, 2008 At the 2008 MIPIM in Cannes yesterday, Erick van Egeraat presented seven of his most outspoken projects. All projects are represented by physical models, specially built for the event. The models are freely accessible to the public.bhttp://www.ukbusinessproperty.co.uk/news/article/600 Atisreal announces another acquisition - City firm Morgan Pepper- March 13, 2008 Atisreal has announced the acquisition of Morgan Pepper, the sum was not disclosed but is thought to be around £6 million. The move comes only a few weeks after the acquisition of Leeds based Hill Woolhouse as the firm continues it's ambitioushttp://www.ukbusinessproperty.co.uk/news/article/601 Savills report Commercial property construction falling for 4th straight month- March 12, 2008 Commercial property building work in the UK fell for a fourth straight month in February but the pace of decline slowed sharply nationwide, apart from in London, a monthly survey showed on Wednesday.The survey by Savills also showed devehttp://www.ukbusinessproperty.co.uk/news/article/597 Leeds office market rents expected to rise 8% this year as demand for prime office space stays strong- March 12, 2008 When George Wimpey announced last November that it was mothballing Green Bank, a £100m mixed use scheme centred around a 400ft skyscraper, it was regarded by some out-of-town investors as a sure sign that Leeds' property market had hit the rocks.brhttp://www.ukbusinessproperty.co.uk/news/article/596 Savills post strong 2007 results with a 14% increase in profits.- March 12, 2008 Savills has reported a 14% rise in 2007 profit, attributing its strong performance to the benefits of its business and geographical diversification.The group said underlying profit before tax rose to £85.5m, beating an average forecashttp://www.ukbusinessproperty.co.uk/news/article/599 Warning that Irish Banks may be next for nationalisation as economy slumps.- March 11, 2008 The Irish Independent warned this week that the country is sliding into a serious slump."Look at all the signs: every single one is screaming that the economy is in big, big trouble. Housing market dead, new car sales dead, consumer confihttp://www.ukbusinessproperty.co.uk/news/article/594 Gazeley for sale despite difficult UK commercial property market- March 11, 2008 Asda, the supermarket chain owned by Wal-Mart, the US retailer, could sell its global property development business in a deal that could fetch up to £400m. There are also rumours that Wal-Mart is looking to sell Asda as well.The companyhttp://www.ukbusinessproperty.co.uk/news/article/593 |