Building up a reputation
Article Abstract:
Artesian Estates is a UK company which was set up in 1989 to invest in residential property. Real estate prices have dropped since that date. The company specialises in large houses which can be converted to apartments, and has an 87% occupancy rate which is over 95% for properties after their initial letting period. The company is seeking to boost net assets in order to raise rental income. The company's shares are recommended to investors in Aug 1995, though they represent some risk.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Follow your leader
Article Abstract:
Wates City of London Properties is a UK real estate company owning offices in London, England. The company is acquiring the headquarters of BP in London, and will reclad it. This reflects the company's success in letting offices at a site in Vintners Place which it could not previously let. The BP deal appears to be a sound investment, and Wates's joint managing director has made a major share purchase in the company, which is a positive sign for investors.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Brixton
Article Abstract:
UK property firm Brixton is expected to come through the economic slowdown relatively well, and should benefit from the portfolio restructuring which is nearing completion. Its shares are trading 38% under its net asset value.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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