UK construction industry hits new low
Mon, 5 Jan 2009 10:39:40 +0000
The UK construction industry suffered another month of record decline in December, a survey showed, with all sectors of the industry suffering their worst ever contraction on record |
Sharp cornering and a nifty reverse
Tue, 6 Jan 2009 02:00:00 +0000
From Mr Peter Fineman. Sir, Lucy Kellaway's twaddle award to a World Bank economist (January 5) reminds me of a surveyor friend who set up a small property consultancy... |
L&S deal raises hopes of revival
Tue, 6 Jan 2009 02:00:00 +0000
London & Stamford, an Aim-listed property investment company, is close to sealing its first deal since floatingmore than a year ago, raising hopes of a real estate... |
Property fund raises £350m
Tue, 6 Jan 2009 02:00:00 +0000
Legal & General Property and Australia's Goodman Group have completed a £350m equity raising for property fund Arlington Business Park Partnership. The move,... |
Property fund investors should hold tight
Sun, 4 Jan 2009 18:27:40 +0000
Judging from past experience, when frozen investors were still be able to generate decent returns, early redemptions would be unwise |
North East worst hit for losses on sales
Sat, 3 Jan 2009 02:00:00 +0000
The homeowners' nightmare of selling their property at a loss became a reality last year for more sellers in Newcastle, Nottingham and Durham than anywhere else,... |
Housing market unlikely to pick up this year
Fri, 2 Jan 2009 02:00:00 +0000
More than six in 10 economists believe 2009 will be a year in which to avoid buying property, with prices falling into 2010. This still leaves a significant minority... |
Sir Tom feels housing and retail pain
Tue, 30 Dec 2008 23:21:13 +0000
Scotland's highest-profile entrepreneur is battling to cope with a savage retail downturn and ill-timed exposure to the housing market |
UniCredit boosts capital with sales
Tue, 30 Dec 2008 23:10:02 +0000
UniCredit raised further cash to bolster its balance sheet with three disposals worth just over ?2bn ($2.8bn), including its headquarters building in Milan |
Few bright prospects on either side of the Atlantic
Mon, 29 Dec 2008 02:00:00 +0000
Investors hoping that the new year will bring brighter prospects for financial markets will have to look hard for any tentative signs of recovery in this week's data... |
UK house prices fall 8.7% in 2008
Mon, 29 Dec 2008 02:00:00 +0000
House prices fell by an average 8.7 per cent this year, with London, East Anglia and the south-east the hardest hit. But the rate of decline in December slowed compared with previous months |
Property pain hits homeware outlets
Sat, 27 Dec 2008 02:00:00 +0000
Shops whose fortunes are linked to the strength of the housing market have been the worst hit. Several high street names such as furniture chain MFI have already gone... |
Charities expect asset price fall to hit legacy income
Wed, 24 Dec 2008 02:00:00 +0000
Charities can expect their income from legaciesto decline by up to £350m within two years as bequests are eroded by sharp falls in asset prices and a frozen... |
Pub crawl
Tue, 23 Dec 2008 20:14:10 +0000
Britain's pubs are packed with Christmas revellers this week, downturn or not. How odd, then, that most groups have been a dreadful investment |
Indian real estate
Tue, 23 Dec 2008 19:03:04 +0000
India's property market is heading for freefall. Rampant speculation means that in real terms prices have exceeded those of the previous 1996 bubble |
