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Rok drops commercial property arm | 13 Aug 2008

Development contractor Rok is to withdraw its commercial property arm and lessen its exposure to the market.The firm reported a healthy 22 per cent interim profit and said it was ......

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German fund to bid for City office scheme | 13 Aug 2008

German fund manager Deka could become the next overseas owner of commercial property in the City of London.Property Week has reported it is believed to have agreed to buy Hammerson ......

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Multiple disputes could bring London to standstill | 13 Aug 2008

Multiple disputes by transport workers could bring London to a halt.More than 2,000 underground and bus workers are threatening to strike over pay and constrict the vital flow of workers ......

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Moody's: Commercial property values fell 19 per cent | 11 Aug 2008

Moody's Investors Service has claimed commercial property values fell have fallen 19 per cent in the last 12 months.It said rising borrowing costs forced lenders to write down billions on ......

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Crunch hits developed countries hardest | 11 Aug 2008

The credit crunch has hit developed countries hardest forcing sales of their commercial property to new lows, a report by Real Capital Analytics has claimed.It found global sales fell by ......

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Govt should extend stamp duty cuts | 08 Aug 2008

Any reduction in stamp duty for residential purchases should be mirrored in the commercial property sector, one expert has said.Chris Baguley, managing director of Bridging Finance told Money Marketing any ......

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London Underground announce 'framework 12' | 08 Aug 2008

London Underground has announced the 12 firms it selected for its Vendor Capital Programme (VCP).Carillion, Skanska, Mansell Construction, Taylor Woodrow, Costain, Dyer & Butler, Morgan Est, Nuttall, Geoffrey Osborne and ......

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IMF: UK was hit by 'major global shocks' | 07 Aug 2008

The UK economy has suffered because of "major global shocks", the International Monetary Fund (IMF) said.In its regular check of the country's financial health, it noted inflationary expectations were on ......

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Whitbread to build on commercial property sites | 07 Aug 2008

Whitbread, the leisure group, is to announce it is to build nine new hotels on land set aside for commercial property, the Times has reported.It will construct Premier Inn hotels ......

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US firm takes plot in City | 07 Aug 2008

US legal firm Orrick Herrington & Sutcliffe has agreed terms on office space in the City of London.The company will take 75,000 sq ft at 107 Cheapside with an option ......

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