Panther stalks the property market
Article Abstract:
Panther Securities is a UK real estate company that has some 75% held by associates and directors, but is still of interest to investors. The company Has failed in attempts to acquire Elys and has failed to increase a stake in Wynnstay Properties to 29.9% from 20%. The company has acquired real estate in Ramsgate, Brighton and Folkestone, England, and has had two successes in planning permission requests. Panther Securities plans to sell half a property in Nottingham, and a property in Bromley, England, which should bring in profits.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Hot property
Article Abstract:
CNC Properties is a real estate company previously called Clarke Nickolls Coombs which has made a number of acquisitions funded by loan notes and stocks. The company has hedged three quarters of borrowings to provide greater protection. The company's performance depends on whether the value of assets purchased can be significantly increased. Purchases include Milburn Estates and Regis and Regis, with both companies acquired in 1997.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Asda Property
Article Abstract:
Asda Property has performed well developing retail sites out-of-town, and its strategy in London, England, is good, though the company could be affected by a cooling in the real estate industry in Britain.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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