Hire offer needed: Europcar rebuffs Volkswagen bid valuing it at €2.2bn June 23, 2021 Car rental giant Europcar has rebuffed an offer from VW and Audi owner Volkswagen, according to reports, that values the hire firm at €2.2bn (£1.88bn).
Residential landlord Grainger confident in future of London’s ‘attractive’ rental market May 13, 2021 Residential landlord Grainger said it is confident in London’s ability to bounce back from the coronavirus pandemic, despite slumping rental prices in the capital. The FTSE 250 developer said this morning that its “conviction in London’s rental market remains”. “As a leading city, London will continue to be an attractive location to live in and [...]
Sadiq Khan’s £15 congestion charge is preventing London’s bounce back from the pandemic August 20, 2021 There is rarely such a thing as a temporary regulation or tax, even those instituted in response to an emergency. Politicians enjoy the power to regulate and even more the receipt of taxes. But regulation and taxes are the enemy of innovation and business, especially small businesses. The damage they do can take years to correct. [...]
HgCapital reports strong interim results with net assets up £349m September 6, 2021 HgCapital Trust has reported robust results for the first half of 2021, with the fund’s total net assets growing to £1.64bn. The fund, which gives investors exposure to private equity firm HgCapital’s portfolio, grew by £349m over the six months ending on June 30. Investors were treated to an interim dividend payment of 2.0p per [...]
HgCapital reports strong interim results with net assets up £349m – CityAM : CityAM September 6, 2021 HgCapital Trust has reported robust results for the first half of 2021, with the fund’s total net assets growing to £1.64bn. The fund, which gives investors exposure to private equity firm HgCapital’s portfolio, grew by £349m over the six months ending on June 30. Investors were treated to an interim dividend payment of 2.0p per [...]
Fitzrovia: We focus on a London area that’s like the West End but cooler February 9, 2022 Although the central London district of Fitzrovia has no formal boundaries (it is part of both the London boroughs of Camden and Westminster), it is generally agreed that it sits between Euston Road to the north and Oxford Street to the south. “Today, Fitzrovia is popular with the more discerning London buyer who is looking [...]
Aggreko shareholders vote through £2.3bn takeover bid April 26, 2021 Aggreko shareholders have waved through the multi-billion pound takeover by private equity firms TDR Capital and I Squared Capital. In a statement the FTSE 250 firm said the deal had passed by the majority of scheme shareholders at both its court and general meetings held earlier today. It comes just a month after Aggreko said [...]
Focus on: Why magic Marylebone is the new prime hotspot February 5, 2022 Marylebone, known for its Georgian architecture, is an area that has carefully preserved its past. But how has the area changed over the last decade? “The Portman Estate has played a large part in the transformation of the area,” says Priya Black, head of Baker Street new homes at Knight Frank. “Marylebone has a broad [...]
DEBATE: Should London have rent controls? April 7, 2021 Dr Kristian Niemietz, head of political economy at the Institute of Economic Affair says No Rent controls are a lot like socialism. Both have been tried dozens of times. Both have ended in failure every single time. And both remain insanely popular nonetheless. In both cases, supporters will insist that, far from having failed, the [...]
Property Special: London’s most affordable postcodes, up and coming areas, best for schools and to invest August 25, 2021 The property market has boomed over the past year, thanks to the stamp duty holiday which has given a lot of first-time buyers the opportunity to get their foot on the property ladder. Coupled with the introduction of the new government backed 5 per cent deposit scheme, designed to help home buyers, the market isn’t [...]