Property Finance

Lower prices generate 'patchy' interest in commercial property | 11 Jul 2008

Lower prices have generated 'patchy' interest in the commercial property market, British Land (BL) has claimed.It said it expected its underlying earnings per share to be improved from the first ......

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Rate holds at 5% | 10 Jul 2008

The interest rate will remain at five per cent, the Bank of England has announced.Its monetary policy committee has decided against an increase amid swathing job cuts and fears of ......

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CIPD: Rate rise will bring job cuts | 10 Jul 2008

The Chartered Institute of Personnel Development has warned interest rate rises will lead to further job losses.Its mid-year assessment of the UK employment market suggested its earlier cautionary forecasts were ......

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Economic outlook is "grim" | 08 Jul 2008

The UK's economic outlook is "grim" according to a report by the British Chambers of Commerce.It revealed trends, which unchecked could lead the country into technical recession. Its second quarter ......

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Minerva rejects Limitless's offer | 07 Jul 2008

Minerva, property investment company, has rejected a takeover offer by Limitless, the property development arm of the Gulf state of Dubai, it has been reported.The pair met two weeks ago ......

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Europe raises, UK freezes | 07 Jul 2008

The European Central Bank (ECB) has raised its interest rate while leading economists have suggested the Bank of England will keep its rates on hold.It increased rates to 4.25 per ......

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UK 'needs legislation to keep funds attractive' | 03 Jul 2008

The UK needs new legislation to keep funds competitive with European rivals, a chief executive has claimed.Richard Saunders, of the Investment Management Association (IMA), has called on the Treasury to ......

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Oil price reaches record high | 03 Jul 2008

The price of crude oil has reached $146 per barrel, a record high.A favoured indicator of world economic performance, its price is expected to rise further today and add to ......

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Real estate stocks hit 20-year low | 02 Jul 2008

Real estate stocks have hit a 20-year low after continued falls in commercial property prices, Bloomberg has reported.It cited data from the Investment Property Databank, which revealed shops, offices and ......

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Barclays sells to Qatar | 26 Jun 2008

Barclays has sold almost eight per cent of its company to the Qatar Investment Authority (QIA).It has revealed QIA will take 7.7 per cent of the company as part of ......

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