Fall in London house supply July 18, 2011 A DROUGHT of available residential property in London is propping up prices and rents, a survey in the capital revealed yesterday. June’s stock for sale was down 20 per cent on the previous year, while there was a 30 per cent fall in available rental properties, according to estate agents Douglas & Gordon. “The shortage [...]
Alpine ownership with cash back July 28, 2011 IF you’re not ready to throw down the cash to secure full access to your very own chalet in one of Europe’s finest resorts, you may want to consider one of the rising numbers of rental pool, or “leaseback” arrangements on offer. VIP Ski (vip-chalets.com), the luxury chalet operators with chalets in Switzerland and France, [...]
Focus on Ealing: West is the best July 10, 2011 Office Space WITH the clamour and disruption of Crossrail making itself known across central London, investors can seek consolation in turning their thoughts to its profitable prospects in one of London’s most tranquil outposts. Ealing, dubbed “Queen of Suburbs” by no less an authority than Nikolaus Pevsner, will benefit from not one but two Crossrail [...]
BBC markets its Television Centre HQ June 13, 2011 THE BBC yesterday put its historic Television Centre on the market. The iconic grade II listed building, located near the Westfield shopping mall, is expected to fetch up to £300m. The broadcaster, led by director general Mark Thompson (pictured) said yesterday it will consider joint venture proposals, which could leave it with some presence at [...]
BBC markets its Television Centre HQ June 13, 2011 THE BBC yesterday put its historic Television Centre on the market. The iconic grade II listed building, located near the Westfield shopping mall, is expected to fetch up to £300m. The broadcaster, led by director general Mark Thompson (pictured) said yesterday it will consider joint venture proposals, which could leave it with some presence at [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 29, 2011 FINANCIAL TIMES BRITISH LAND TO BUY RESIDENTIAL COMPLEX IN THE CITY British Land is in advanced talks to buy a City of London residential complex, in its first acquisition under a strategy to focus on the booming market for prime homes in the capital. The UK’s second-largest property company has agreed to buy Wardrobe Court [...]
PROPERTY NEWS May 19, 2011 SHOREDITCH GOES AVANT-GARDE Telford Homes have just launched a new cutting edge residential development in Shoreditch. It has been designed by architect Stock Woolstencroft to include a communal “Free Spirit Garden.” Prices start at £250,000. BOUTIQUE ESTATE AGENT TO OPEN IN BELGRAVIA Quintessentially Estates plan to open a boutique estate agency in Belgravia. It is [...]
Buyout group fights back in care home crisis row June 2, 2011 THE PRIVATE equity industry yesterday hit back at claims it was responsible for Britain’s care home crisis. US private equity firm Blackstone, which owned Southern Cross from 2004 to 2006, has been criticised for the care home operators’ financial woes. But the British Venture Capital Association (BVCA) defended the firm yesterday, saying the accusations were “based [...]
BEST OF THE BROKERS May 9, 2011 GREAT PORTLAND UBS has downgraded the property firm from “neutral” to “sell” and has raised its target price by 40p to 390p. The broker thinks the current share price is forward-looking, and does not allow for much execution risk in Great Portland’s ambitious development plans in the City and West End. However, it thinks strong [...]
BEST OF THE BROKERS May 9, 2011 GREAT PORTLAND UBS has downgraded the property firm from “neutral” to “sell” and has raised its target price by 40p to 390p. The broker thinks the current share price is forward-looking, and does not allow for much execution risk in Great Portland’s ambitious development plans in the City and West End. However, it thinks strong [...]