UK Business Property - RSS FeedCommercial Property NewsCapital & Regional report less bad results than expected- March 11, 2008 Capital & Regional, Britain's largest retail park and shopping centre developer, saw its share price rise nearly 6% today as it surprised the market with better than expected preliminary results. Although the company posted an 18% fall in ihttp://www.ukbusinessproperty.co.uk/news/article/595 Q1 2008 commercial property transaction volume down 50% on Q4 207 say RICS as sentiment is negative- March 10, 2008 Commenting on the latest data on commercial property transactions for the first two months of 2008, RICS senior economist Oliver Gilmartin said: "Deal volumes continued to wane in the commhttp://www.ukbusinessproperty.co.uk/news/article/592 Punch trying to arrange concert party for M&B bid- March 10, 2008 Punch Taverns has held informal discussions with a number of potential partners for a joint bid for rival Mitchells & Butlers, insiders at the company said. Although no firm arrangements have yet emerged, the pub operator is in talks with interehttp://www.ukbusinessproperty.co.uk/news/article/591 Brixton turns in a solid performance- March 10, 2008 Industrial property firm Brixton reported a 2.1% rise in 2007 adjusted net asset value per share and said remained confident for the group's business prospects. Profits were down however to £58.2million from a 2006 result of £205.1million,http://www.ukbusinessproperty.co.uk/news/article/590 Buy to let market volumes fall as mortgage supply weakens- March 7, 2008 The number of new buy-to-let properties coming onto Britain’s housing market has slumped for the first time in a decade, signalling fresh cash flow from lenders is drying up.A survey by the Royal Institution of Chartered Surveyors showshttp://www.ukbusinessproperty.co.uk/news/article/589 Segro report full year NAV down 9.2% but business fundamentals are strong- March 7, 2008 Segro, the business space provider, revealed that net asset value dropped 9.2% last year in spite of solid growth in its European business during 2007.The company, has been hit by the rapid fall in commercial property prices in Britain. It rephttp://www.ukbusinessproperty.co.uk/news/article/588 Colliers CRE report 25% increase in fee income last year and pre tax profits of 12.16 million- March 6, 2008 Colliers CRE PLC posted a bigger full-year pretax profit buoyed by one-off gains and said it sees more uncertainty in 2008 than in recent years.The AIM listed company's profit included a one-time income of £2.8 million arising fromhttp://www.ukbusinessproperty.co.uk/news/article/586 Liberty International reported to be facing takeover from Westfield or GIC- March 6, 2008 Westfield Group, the world's top shopping mall owner, and Singapore's GIC Real Estate declined to comment today on media reports that one of them was in talks to buy shopping centre group Liberty International . The Takeover Panel is understood to havehttp://www.ukbusinessproperty.co.uk/news/article/585 Anglo Irish Bank reports first half earnings up 15%- March 6, 2008 Anglo Irish Bank Plc,which lends to property developers in Ireland, the UK and the US, expects to report a 15% rise in first-half earnings per share and said it was still on course to deliver a similar increase for the full-year despite global economic unhttp://www.ukbusinessproperty.co.uk/news/article/587 aAim Group seeks buyers for stake in 6 hotels worth 350 million- March 5, 2008 aAIM Group, the property investment company whose investors include Sir Alex Ferguson and Simon Cowell, will today unveil plans to sell at least 50% of its equity in six hotels operated by Principal Hayley Group, worth an estimated £350 million.brhttp://www.ukbusinessproperty.co.uk/news/article/583 |