UK Business Property - RSS FeedCommercial Property NewsThe Manchester view of the commercial property market today.- October 23, 2007 Manchester based experts say that a credit crunch of the kind now facing homeowners is unlikely to damage the commercial property market.According to the Bank of England, the total outstanding debt to commercial property businesses grew by neahttp://www.ukbusinessproperty.co.uk/news/article/306 Bank of Scotland take shares in Paradigm as 2 major Glasgow projects are announced- October 22, 2007 BANK OF Scotland has acquired a 15% stake in the property investment firm partially owned by stagecoach co-founders Ann Gloag and Brian Souter.The acquisition comes as Paradigm Real Estate Managers launches its largest ever property investmenthttp://www.ukbusinessproperty.co.uk/news/article/305 Lehman Brothers to test the water on new commercial property backed securities- October 22, 2007 Investment bank Lehman Brothers is to test the the credit crisis in the financial markets by issuing a £700 million bond secured on commercial property assets.The bank will start marketing the debt later this month, the first such bond thttp://www.ukbusinessproperty.co.uk/news/article/304 Erinaceous appoint new finance director- October 18, 2007 Erinaceous has shaken up its management team further with the appointment of Dominic Lavelle, the former finance director at Alfred McAlpine, as finance director at the property services group.The move comes as the troubled group faces the thrhttp://www.ukbusinessproperty.co.uk/news/article/302 BBC to sell Television Centre and review other sites as it cuts property assets- October 18, 2007 In what will be seen by some BBC staff as a telling symbol of a dark day in the history of the corporation, the director general, Mark Thompson will today announce the sale of the headquarters building, Television Centre.The building, one of thttp://www.ukbusinessproperty.co.uk/news/article/303 Wilson Bowden shortlisted for second Rochdale redevelopment project- October 16, 2007 Wilson Bowden is in the running to win a second major Rochdale redevelopment project. The Midlands-based firm is one of four developers shortlisted for the £100m redevelopment of Rochdale town centre.The Riverside scheme will incluhttp://www.ukbusinessproperty.co.uk/news/article/298 Network Rail offering revelopment partnership at 8 key southeast station sites in 500 million project- October 16, 2007 Network Rail is searching for a property partner for a £500m development project across several key stations in London and south-east England.The rail operator is looking to establish its first 50-50 joint venture with a developer for eihttp://www.ukbusinessproperty.co.uk/news/article/299 Teesland Property Trust acquire Leeds office and Northampton warehouse investments for 14 million- October 16, 2007 The UK listed commercial property investment company Teesland Advantage Property Inc Trust Ltd (TAP) said it has bought two investment properties for £14.25 million total in Leeds and Northampton. TAP is acquiring a city centhttp://www.ukbusinessproperty.co.uk/news/article/301 Fursa leading shareholder action group to oust Bellis at Erinaceous- October 15, 2007 Keith Hamill, chairman of Moss Bros and former finance chief of WH Smith, has agreed to head troubled property services group Erinaceous should shareholders succeed in a bid to oust the current management under chairman Nigel Turnbill, The Observer reporthttp://www.ukbusinessproperty.co.uk/news/article/297 New 250 million investment company formed to take advantage of commercial property market correction- October 12, 2007 London & Stamford Property, a newly formed closed-ended investment company based in Guernsey, has announced plans for a £250m float on London’s AIM market in early November.The group, which aims to raise £200m via an insthttp://www.ukbusinessproperty.co.uk/news/article/296 |