June 2008

New commercial property buyer spends £44.5m | 23 Jun 2008

A Spanish property company, new to the London commercial property market, has spent £44.5 million on a City building.Allegra European Holdings has bought 5 King William Street from Resolution AM ......

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IFAs predict commercial property recovery 'this year' | 23 Jun 2008

Four in ten Independent Financial Advisors (IFAs) expect the commercial property market to begin its recovery this year.Trade body, REITA, has reported their opinions are confused as to when the ......

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Rics considers commercial property sales warnings | 23 Jun 2008

The Royal Institute of Chartered Surveyors (Rics) is considering advising its members to include an 'abnormal uncertainty' warning in their valuations, the financial website, thisismoney.co.uk has reported.It noted the warning ......

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Commercial property gets £80m loan | 23 Jun 2008

UK Commercial Property Trust Ltd has secured a £80 million loan from Lloyds TSB Scotland, Thomson Financial News has reported.The loan facility will last for seven years and the fund ......

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Olympics: Govt will have to pay | 20 Jun 2008

The government will have to cover the London Olympics' funding shortfall, the chairman of the Olympic Delivery Authority has said.John Arnitt told the Guardian the Olympic village would definitely need ......

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HBOS announces £1bn write off | 19 Jun 2008

HBOS has announced it has written off £1 billion in the last year.It said trading was "satisfactory" and the company was on track to "demonstrate a resilient performance in 2008"."Our ......

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Commercial property investments have "potential" | 19 Jun 2008

A handful of commercial property trusts have potential for future success, a financial analyst has claimed.David Holding from Fool.co.uk has singled out two products, one from Invesco and a further ......

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IPF: Commercial property returns weaker figures | 18 Jun 2008

The Investment Property Forum (IPF) has announced weaker than expected commercial property figures.It revealed the commercial property outlook has worsened and reported a consensual total loss of -5.2 per cent, ......

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Crunch hits Olympics budget | 18 Jun 2008

The credit crunch is affecting London's Olympics budget, which has again increased, a new report has found.Research by the co-owner of Carphone Warehouse, David Ross, for the Mayor of London's ......

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London's West End defies talk of recession | 17 Jun 2008

Footfall in the West End of London has increased by nearly three per cent since last year despite widespread reports of recession.The New West End Company has revealed data which ......

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