All articles by Jenny Davey (old contact)
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News
MWB shelves plans for European expansion
Chief executive Balfour-Lynn still optimistic despite cost-cutting measures in tough market
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News
Grosvenor heads queue for BP's Berkeley Square Estate
Duke of Westminster's property company poised to pay £310m for coveted Mayfair portfolio
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Insignia's web investments show first signs of failure
Seattle-based Cubitz.com goes under after running out of money, despite $1.2m investment from Insignia
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HQ Global to be spun off by cash-strapped US parent
Frontline Capital considers three options for serviced office subsidiary in bid to improve shareholder value
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MWB to make £500m move into corporate outsourcing
Plans afoot to launch half-billion-pound fund to enable corporate occupiers to break free from lease liabilities
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Revealed: the 15 property firms perfect for takeover
HSBC research highlights importance of Capital Gains Tax and FRS13 when calculating net asset value
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Role reversal as Savills agrees terms to buy FPD
Savills turns tables to buy out First Pacific Davies in £35m deal intended to trigger US expansion
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Developers slam Scottish Executive’s repressive rule
Edinburgh developers fear that big schemes are being sacrificed in order to meet two-month target on planning decisions
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Regus and JLL set to launch global alliance
Property management tie-up will pave way for future affiliations between serviced offices and agents.
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Property rising after new year nosedive
Real Estate Index recovers from six-week freefall to outperform the All-Share Index
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Credits set to roll on Hoyts’ UK cinema programme
The UK cinema market is facing a shake-up as Australian giant Hoyts looks set to make a dramatic exit from the market, less than two years after arriving in the UK. The move follows the A$625m (£253m) takeover of the cinema company by Australian media mogul Kerry Packer and ...
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Insight
Best of British
John Ritblat, chairman of British Land, tells us why buying Meadowhall is more important than being in the FTSE 100. Photograph by Gautier Deblonde
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News
Moderate results let Insignia beat US rivals
Insignia Financial Group, the New York-based property services group that owns Richard Ellis St Quintin, posted reasonable second-quarter figures this week, in stark contrast to the bad news from rivals Jones Lang Lasalle and CB Richard Ellis . The firm s results were hardly impressive net ...
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Wilkinson gears up for Southern assault
Wilkinson, the variety retailer, will open a second giant distribution centre in Wales to service an aggressive UK expansion programme. The Worksop-based company has signed up to take 69,680 sq m (750,000 sq ft) in Newport after discounting a rival option in Hertfordshire believed to ...
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News
Europe to be Standard’s life
Standard Life Investments has given a huge vote of confidence to the European development market by increasing the allocation in its main £4bn fund from 10% to 15%. The company looks set to sacrifice more than £250m of UK investments in a bid to help finance speculative office ...
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News
Ruhan switches on to Euro telecoms with £500m firm
Andy Ruhan, son-in-law of Birmingham tycoon Roy Richardson, is planning to create a £500m property company focusing on the telecommunications sector. The new company, Global Switch, is planning to kick-start a rapid expansion programme which will see it open eight £50m sites in Europe over two ...
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Festival for Grosvenor as it bags £300m cash
Grosvenor Estate Holdings has harnessed the financial muscle of three funds Equitable Life, hermes and NPI to fund its £300m Festival Place scheme in Basingstoke. CB Hillier Parker , adviser to Grosvenor, has orchestrated an innovative limited partnership structure that will combine the ...
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Venturing outside the local pitch
EDI Group has been gearing up physically and financially to stretch its regeneration arm outside Edinburgh, and joint ventures with other Scottish councils are in the pipeline.
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Mason Owen buyout forms niche retail firm
The former head of Mason Owen s Scotland office, Bob Fisher, has completed a management buyout of the company s Scottish operation to set up a new practice. Fisher has taken on Mason Owen s seven Edinburgh surveyors to set up niche retail firm Fisher Wilson. He is ...
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News
Clarke seeks stock for £200m geared fund
Roger Clarke, a former Threadneedle director, is planning to launch a £200m fund to invest in secondary retail properties. Clarke has appointed Healey & Baker to find at least £75m of suitable stock to kick-start the venture. The company, which is to be called High Street, will be built ...
