Property Finance

City bonus culture 'will change' | 09 Oct 2008

The bonus culture associated with some London jobs is set to change, according to research by the Centre for Economic and Business Research (CEBR).It has predicted bonuses paid at the ......

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Banks join to slash rates | 08 Oct 2008

The Bank of England has joined with other world banks and cut interest rates.The move came ahead of tomorrow's scheduled meeting of the Bank's Monetary Policy Committee (MPC) and reduced ......

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Business leaders call for rate cut | 07 Oct 2008

UK business leaders have called for a cut in interest rates amid continuing financial instability.The Confederation of British Industry and the British Chambers of Commerce (BCC) have urged the Bank ......

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Senate agrees on bail-out | 02 Oct 2008

The US Senate has agreed to support a $700 million bail-out plan to buy up bad debt.Legislators had earlier registered their disapproval for the scheme, launched by the Bush administration, ......

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Commercial property still good for pension investors | 26 Sep 2008

Despite the price of commercial property having fallen in recent months, many pension fund managers are keeping faith in the sector. A joint report by the Pensions Management Institute and ......

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Canary Wharf offices losing value | 25 Sep 2008

Values of office space in Canary Wharf have plummeted in the first half of this year. Songbird Estates Plc, who owns the 97 acres that make up Canary Wharf, has ......

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Pension funds plan continued property investment | 23 Sep 2008

Pension fund managers remain supportive of commercial property and will continue to invest in the market.Of the 200 surveyed by the Pensions Management Institute and Prupim, a quarter said they ......

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Reita will publish commercial property prices | 23 Sep 2008

The Real Estate Investment Trust portal (Reita) will publish monthly commercial property stats after pressure from investors.It will generate data that shows the difference between the capitalisation of a company ......

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Commercial property should stabilise in 2010 | 22 Sep 2008

Commercial property prices should stabilise in 2010, the Bank of England has said.In its quarterly bulletin it predicted continued price falls in the near future but improved results by mid-2010."Market ......

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Govt regulates short-selling | 19 Sep 2008

The government has banned the short-selling of banking shares to protect new super bank Lloyds-HBOS.The Financial Services Authority acted to protect the merger from falling victim to the practice, which ......

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