July 2008

Blears shoots down Arrowcroft's plans | 31 Jul 2008

The secretary for state for communities and local government, Hazel Blears has rejected Arrowcroft's east Croydon regeneration plans.Despite saying she supported the idea for a mixed-use redevelopment, she turned down ......

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BCO: Commercial Property can out perform Reits | 30 Jul 2008

The British Council of Offices (BCO) has claimed money invested in commercial property can out perform Real Estate Investment Trusts (Reits).Its chairman, Matt Oakley said he thought the average Reits ......

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Invista: Expecting further market falls | 29 Jul 2008

Commercial property fund manager, Invista Real Estate Investment Management (REIM) has warned it is expecting worsening market conditions.The company's open-ended funds have been hit hard, with cautious investors withdrawing £180 ......

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Builders adsorb rising construction costs | 29 Jul 2008

Builders are absorbing rising construction costs by not passing on the expense to customers, the Royal Institution of Chartered Surveyors (Rics) has said.It revealed tender prices fell 2.4 per cent ......

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New London lettings confirmed | 29 Jul 2008

A raft of new lettings in London has lifted some of the recent doom and gloom that has surrounded the commercial property market.IVG Real Estate has confirmed four lettings at ......

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Fortis close to winning 'Battle of the Cheapside' | 28 Jul 2008

Fortis Bank has agreed terms on the top floors of St Martins Property Group's 150 Cheapside scheme.If the deal is completed then rival bidder, US law firm Orrick Herrington & ......

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Deloitte: Companies gamble pensions on property | 25 Jul 2008

Business advisor, Deloitte has warned companies investing pension schemes in equities and property are taking a gamble.It revealed blue-chip companies, on average are risking about eight per cent of their ......

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UK firms fight oil price sorrow | 25 Jul 2008

Rising oil prices are fuelling a lack of business confidence but British firms still believe in their own success, research by Lloyds TSB has revealed.Its monthly Business Barometer has shown ......

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Skanska chief replaced after £41.5m loss | 24 Jul 2008

David Fison, UK chief executive of construction company, Skanska, has been replaced following the firm's £41.5 million loss.Its group chief executive, Johan Karlstrom, was unhappy with the company's results in ......

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Salaries in the City remain still | 24 Jul 2008

Salaries in the City of London have remained largely unchanged in the last year, despite recent economic wobbles.Recruiter, Morgan McKinley has also observed while more people have been forced to ......

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