Think inside the Square: why the City is a top spot to buy a home November 26, 2009 IF YOU’RE looking for the ultimate Tube-busting pied a terre, the Square Mile can’t be bettered for history, beauty and – of course – convenience. Other financial centres are not exactly places you’d want to live: tightly packed with skyscrapers and fumes, they have a sterile, uninhabitable feel (just think of mid-town New York or [...]
FOCUS ON: CHISWICK, W4 November 26, 2009 ENNISMORE AVENUEPrice: £1,195,000This is a large semi-detached house located close to the shops and amenities of Chiswick High Road. The closest Tube station is Turnham Green which is about 40 minutes from the City. Although a period house, it has been refurbished to include plenty of modern fittings so new buyers can move straight in. [...]
BC Partners shrugs off the recession with bumper profit November 8, 2009 BC PARTNERS, the private equity firm whose investments include estate agent Foxtons and gym chain Fitness First, increased operating profits last year even as the recession hit leveraged buyouts. Turnover fell in what was held to be the worst year for venture capital since 2005, but overall profits grew from £4.2m in 2007 to £5.4m. [...]
OTHER AFFORDABLE HOMES October 22, 2009 THE HOMEFIELD, SM4Price: £199,950 At less than £200k, this three bedroom flat on the first floor is great value. With two double bedrooms and one single, a private balcony and access to a communal garden and off-street parking, this is an ideal first home. At the southern end of the Northern line, Morden is well [...]
FOCUS ON: RICHMOND, SURREY October 22, 2009 MILL PLAT, TW7Price: £1.45m This imposing six-bedroom property comes with high ceilings, wood floors and plenty of period features. With a large garden that backs on to the river Crane, it has an enviable and quiet location. The nearest station is Richmond, which offers both Tube and mainline trains into central London. Contact: Foxtons on [...]
Greenhill hires debt restructuring star Gareth Davies from Close Brothers October 8, 2009 GARETH Davies, one of the star debt restructuring specialists at Close Brothers Corporate Finance, has quit the firm just months after its takeover by Daiwa Securities. Davies, who advised Jarvis on its restructuring as well as Foxtons and the now defunct television group Setanta, quit Close at the beginning of the week. He has been [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 1, 2009 FINANCIAL TIMESFORD SELLS AUSTRALIAN LOAN BOOK TO MACQUARIEFord, the US carmaker that underwent a debt-for-equity swap this year to bolster its balance sheet, has quit Australia’s retail car finance market after selling a A$1bn (US$874m) motor loan portfolio to Macquarie Group. The Australian investment bank is expanding its presence in the sector as well as [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 1, 2009 FINANCIAL TIMESFORD SELLS AUSTRALIAN LOAN BOOK TO MACQUARIEFord, the US carmaker that underwent a debt-for-equity swap this year to bolster its balance sheet, has quit Australia’s retail car finance market after selling a A$1bn (US$874m) motor loan portfolio to Macquarie Group. The Australian investment bank is expanding its presence in the sector as well as [...]
FOCUS ON: BOW, E3 September 10, 2009 CHISENHALE ROAD, E3Price: £799,950This large three-bedroom house is located in a quiet residential street but within walking distance of the amenities of Victoria Park and Mile End Tube station. Set over three floors, the property has a spacious open-plan living room, family bathroom, separate shower room and a large kitchen. The rear garden backs onto [...]
BC Partners writes up fund value July 27, 2009 Private equity firm BC Partners, which has estate agent Foxtons as its largest investment, wrote up its current fund by almost a quarter in the first half, returning it to par value, a person familiar with the matter said yesterday. The markup is one of the first signs that European buyout houses, who took steep [...]