All articles by Hannah Emanuel – Page 3
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Online
Highcroft halts decline in NAV
Shares in Highcroft Investments, which owns a mixture of property and equities, have leapt almost 5% (17.5p) this morning after the company announced a steady set of interim results.
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Online
Strong investment and resi markets lift Savills
Savills, the residential and commercial property advisor, has reported a 6% rise in pre-tax profit for the six months ended 30 June 2002.
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OnlineTall buildings unnecessary, says Select Committee
Tall buildings do little to prevent urban sprawl, nor are they essential for London's future as a global financial centre, an investigation by a House of Commons Select Committee has concluded.
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Online
More gloom for Thames Valley and M25
Demand for office space in the Thames Valley and M25 regions is still falling rapidly, according to the latest six-monthly survey from Insignia Richard Ellis (IRE).
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Online
Property extends its lead as top investment
Property now out-performs all other asset classes on a one, three, five, 10 and 15-year basis, according to report from Baring, Houston & Sanders (BHS).
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Online
London Merchant in £25m City Road deal
Quoted property and venture capital company London Merchant Securities has bought a collection of offices on City Road, London EC1, for £24.75m.
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Online
Glimmer of hope for hotel market
The depressed hotel market could be on the road to recovery, according to the latest monthly occupancy and yield figures from consultants PKF.
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Online
Huge regeneration boost for South Wales
Corus, the steel maker, has announced the sale of 243 ha (600 acres) of disused land at Llanwern in South Wales to a consortium of developers.
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Online
Slough shares fall as interims disappoint
Shares in Slough Estates fell almost 3% this morning (-9.5p) after the industrial property specialist reported a modest 1.5% increase in net asset value (NAV) per share in its interim results.
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Online
Petchey pounces on James Smith Estates
Shares in James Smith Estates have soared more than 6% (14p) this morning after the company announced that corporate raider Jack Petchey has increased his shareholding from 2.1% to 8.21%.
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Online
Hammerson shares slump on disappointing interims
Shares in Hammerson fell almost 7% this morning, down 36p to 515p, after the company announced a 0.3% decline in the underlying value of its portfolio in its interim results.
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Online
Persimmon makes hay while the sun shines
Housebuilder Persimmon has reported a 40% increase in pre-tax profits to £117.2m for the six months to 30 June 2002.
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Online
LandSec raises 157m from London Hilton sale
Land Securities has raised £157m by selling a controlling interest in the freehold of the London Hilton Hotel to London & Regional Properties.
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Online
First major deal for ex-Saville Gordon MD
David Saville, former managing director of Saville Gordon Estates, has made his first major acquisition with his new outfit, Avon Capital Estates, buying an £11m industrial portfolio in the north-east from Capital & Regional.
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Online
Property borrowing reaches new record
Borrowing by commercial property companies has reached an all-time high of £76.85bn, almost twice the early 1990s peak of £40.7bn, according to new quarterly figures from the Bank of England.
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Online
Regus reports grim second quarter and appoints UK CEO
Regus, the quoted provider of serviced offices, has announced another grim set of quarterly results and appointed a new chief executive to handle its business in the UK and Ireland.
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Online
Second deal this week at Royal Docks
Marylebone Warwick Balfour Group (MWB) has sold a 1.4 ha (3.5 acre) site for residential development at Royal Victoria Docks in London's Docklands.
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Online
Chesterton Manchester hit by more resignations
Chesterton's Manchester office has been hit by the resignation of directors Sara Jane Preston and Brendan O Herlihy.
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Online
Three new RDA chairmen appointed
Trade and industry secretary Patricia Hewitt has announced new chairmen for three Regional Development Agencies (RDAs).
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Online
Chelsfield recruits Redshaw to head Stratford City scheme
Keith Redshaw, former director for retail development and asset management at Land Securities and more recently, director of urban regeneration at Tops Estates, has joined Chelsfield.
