Grainger set to gain from slump August 11, 2010 Britain’s biggest residential landlord Grainger said yesterday it plans to cash in on the wilting housing market by buying up discount real estate. The firm, which has around £2.8bn of assets under management, bought £154.8m of properties in the past ten months, with a further £67.6m of buys in the pipeline. It sold 593 vacant [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
Property price slide starts to feed through to companies August 15, 2010 RENEWED weakness in the housing market pushed more real estate services companies to the brink in July, according to the latest monthly City A.M./Begbies Traynor health monitor for the Square Mile. As economists look to September as the “crunch time” for Britain’s struggling property sector, our survey shows 945 firms across London including estate agents, [...]
PROPERTY NEWS July 22, 2010 SAVILLS’ PROPERTY AUCTION NEXT TUESDAY Bargain-hunting property investors rejoice. Next Tuesday sees Savills hold one of its residential auctions. There’s a tenanted three-bedroom flat in a portered block on Great Cumberland Place next to Marble Arch is starting at £380,000 and a derelict semi-detached house on the Chiswick High Road is also up for grabs, [...]
PROPERTY NEWS July 22, 2010 SAVILLS’ PROPERTY AUCTION NEXT TUESDAY Bargain-hunting property investors rejoice. Next Tuesday sees Savills hold one of its residential auctions. There’s a tenanted three-bedroom flat in a portered block on Great Cumberland Place next to Marble Arch is starting at £380,000 and a derelict semi-detached house on the Chiswick High Road is also up for grabs, [...]
Giant predicts property pain September 1, 2010 HOUSE prices could crash by up to 20 per cent as interest rates rise, the outgoing head of Britain’s largest retail stockbroker warned yesterday. Peter Hargreaves, who steps down as chief executive of Hargreaves Lansdown today, said residential real estate values would be squeezed by tightening monetary policy while commercial property would be hit by [...]
FOCUS ON: WEMBLEY, HA9 August 26, 2010 CENTRAL APARTMENTS From £230,000 Ideal for first-time buyers, this new development comprises 113 apartments. All flats are open-plan and have their own balconies with views as far as the London Eye. Contact: St Modwen’s on 0844 371 1301, www.wembley-central.co.uk MIDHOLM £470,000 It’s in need of some modernisation, but this three-bed detached property is an ideal [...]
Buy into stability with a well-placed Tuscan property May 13, 2010 THERE have been many pretenders to the throne of Italian property gold, but the fact is that Tuscany is still the place everyone wants to be. The downside to any oversubscribed spot is inflated prices, but the upside, in the case of Toscana, is an extremely stable, not to mention lucrative investment – and proximity [...]
Alan Sugar puts his £120m Mayfair properties up for sale July 25, 2010 LORD Alan Sugar’s real estate firm is to sell off three properties in Mayfair, with a pre-crisis price-tag of £120m. Amsprop, managed by Lord Sugar’s son Daniel, has decided to finally cash in on climbing property values in the West End after several offers in recent months. Daniel Sugar said: “We have received unsolicited approaches [...]