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Some banks are calling in commercial property loans and forcing investors to sell, the Observer has reported.The paper quoted an unnamed head of a UK property company saying: "I'm aware ......
The UK will enter recession the European Commission has said.It cut its growth forecast for Europe to just 1.4 per cent and predicted UK, Germany and Spain will enter a ......
US investment bank Lehman Brothers is ready to liquidate assets including UK commercial property worth £4 billion, it has been reported.It will sell $30 billion (£15 billion) of property and ......
The FTSE 100 jumped almost 200 points following news the US government has taken over its biggest mortgage lenders.Freddie Mac and Fannie May account for more than half of US ......
The Livingstone brothers have awarded themselves a £230 million dividend on the back of their property empire, the Telegraph has reported.The payment is one of the largest in British corporate ......
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 ......
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 ......
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 ......
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 ......
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 ......