Property Finance

Retailers call for lower business property costs | 21 Aug 2008

The British Retail Consortium (BRC) has called upon the government to help retailers manage the current economic climate by reducing business property costs.According to the organisation, chancellor Alistair Darling ought ......

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Prime commercial property "always in demand" | 19 Aug 2008

Prime commercial property will always be in demand, the British property Foundation has said.Its head of media, Andrew Teacher acknowledged a recent down turn in demand and expressed his concern ......

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BCC paints a gloomy picture | 18 Aug 2008

The British Chambers of Commerce (BCC) has painted a gloomy picture of the UK's economy.It suggested technical recession is possible as the economy is expected to fall into negative growth ......

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Lehman wants to sell its property portfolio | 18 Aug 2008

Lehman Bros. is in talks with potential buyer BlackstoneBlackRock regarding the sale of its vast commercial property portfolio, the Financial Times has reported.The US is looking to move on its ......

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Capital & Regional provoke share surge | 14 Aug 2008

Property fund manager Capital & Regional has prompted a 12 per cent increase in its share price, telling investors it was planning to sell up.The firm announced it was considering ......

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Mapeley re-draws profit | 13 Aug 2008

Property outsourcing company Mapeley has reported a £53 million loss for the first half of this year.The firm, which acts as landlord to HM Revenue and Customs, has seen its ......

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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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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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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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Financiers predict interest rate freeze | 06 Aug 2008

Leading financiers and business experts have predicted interest rates will freeze at five per cent.Paul Dales, UK economist at Capital Economics, Ross Walker from Royal Bank of Scotland, Stuart Green, ......

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