The latest property , property company and industry news with expert analysis from the Financial Times on FT.com [link to publisher's website]
Sale and rent back schemes halted
Fri, 03 Feb 2012 13:21:47 GMT
The financial regulator has cracked down on controversial sale and rent back deals that target distressed homeowners |
Foreign buyers snap up London office space
Wed, 01 Feb 2012 23:57:58 GMT
Purchases come as sovereign wealth funds and cash-rich individuals seek stable assets amid the uncertainty in the global financial markets |
Tech groups take up slack in central London
Wed, 01 Feb 2012 20:27:21 GMT
Gaps created by downsizing of financial services sector has created a surge in demand from IT, telecoms and internet start-ups |
Nationwide reports 0.2% house price dip
Wed, 01 Feb 2012 09:44:29 GMT
UK house prices slipped in January according to a closely watched index, building a picture of sluggish house price growth overall |
US Reits are drawn to subprime securities
Tue, 31 Jan 2012 17:59:01 GMT
Real estate investment trusts are attracted by high yields relative to low borrowing costs, with many aided by rising share prices |
Greek asset sales behind target
Mon, 30 Jan 2012 19:43:11 GMT
Greece will struggle to meet its target for assets sales even by the delayed deadline of 2017, according to the country?s privatisation adviser |
Nama sells iconic London cinema
Mon, 30 Jan 2012 17:22:17 GMT
The Irish body is pushing ahead with the sale of high profile assets in a bid to shed almost ?74bn of toxic property loans |
British Land signs accord to build HQ for UBS
Mon, 30 Jan 2012 17:00:49 GMT
British Land has announced an agreement to develop a 700,000 sq ft building to be the Swiss bank?s European headquarters |
Fewer cranes add to signs of slowing economy
Sun, 29 Jan 2012 16:24:27 GMT
The number of large construction projects in the UK, as measured by the number of tower cranes in operation, has fallen |
Pfizer enters talks to sell Sandwich R&D site
Fri, 27 Jan 2012 23:53:36 GMT
The US pharmaceutical company has agreed to maintain 650 employees on its flagship centre which has been operating since the 1950s |
Talent show finalist?s businesses probed
Fri, 27 Jan 2012 23:00:49 GMT
The business affairs of a former finalist on the television show Britain?s Got Talent are being probed following the collapse of a property investment scheme |
Prime areas prop up London prices
Fri, 27 Jan 2012 20:02:21 GMT
Data show the so-called ?London effect?, whereby residential properties in the capital defy weakness elsewhere, is down to rising prices in a handful of areas |
Interactive map: London house prices
Fri, 27 Jan 2012 17:45:53 GMT
This interactive map shows average London prices by postcode and how these have changed since their 2007 peak and over the past decade |
California spurns $15bn in mortgage aid
Fri, 27 Jan 2012 01:49:23 GMT
Bank of America, Wells Fargo and JPMorgan Chase offered help to the state?s borrowers to settle allegations of mortgage-related misdeeds |
Tchenguiz to sell 250,000 freeholds for £3bn
Thu, 26 Jan 2012 22:38:37 GMT
Portfolio is tied to houses and apartments across the UK, including 15,000 homes in London and its sale is being targeted at sovereign wealth funds |
Treasury Holdings? fight over receivers
Thu, 26 Jan 2012 20:47:45 GMT
The Irish property company is challenging a decision on assets linked to ?2bn in loans aquired by the National Asset management Agency |
Retailers pushing for rental revolution
Thu, 26 Jan 2012 18:33:28 GMT
High street chains, including Clinton Cards and Sports Direct, are shifting from paying shop rent every three months to a monthly basis |
Safestore helped by increase in home rentals
Thu, 26 Jan 2012 17:07:54 GMT
Self storage company Safestore reports a fall in pre-tax profits but groups is helped by a strong house rental market |
Ireland unveils insolvency reforms
Wed, 25 Jan 2012 17:02:58 GMT
Dublin has announced measures aimed at tackling a growing mortgage debt crisis and curbing ?bankruptcy tourism? to the UK |
Projects boost Abu Dhabi property shares
Wed, 25 Jan 2012 16:29:19 GMT
Emirate?s government approves construction programmes including the airport extension and the Louvre and Guggenheim museums |
