Shaftesbury
Article Abstract:
Shaftesbury is a United Kingdom real estate company which specializes in the West End of London, England. UK real estate is likely to be affected by an economic slowdown, but the West End appears better able to resist a recession than most areas. Chinatown, London, accounts for 36% of the company's portfolio, and values were maintained in Chinatown in the early 1990s recession. There is still likely to be uncertainty about real estate values in 1999, and Shaftesbury's narrow base could exclude it from opportunities elsewhere.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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British Land
Article Abstract:
British Land is a United Kingdom real estate company which plans a major development in central London, England. The company has performed better than the industry as a whole in the 25 years to Oct 1998, and has focused on prime locations in retailing and central London. Rental growth could slow. The company is also likely to be affected by trends in interest rates, and these have only fallen by a small amount in the UK. The real estate industry cannot expect rapid relief from drops in rates.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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British Land
Article Abstract:
British Land has a strong portfolio and good quality tenants from both the private and the public sector. Lease maturities average 21 years and British Land's biggest 40 tenants represent 77% of the UK rent roll. British Land owns Ludgate and Broadgate in London which are the best real estate locations in London, England. Rents in central London are increasing and this should help British Land. The company has invested in real estate in 1995 and plans further investments in 1996.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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