A year to remember
Article Abstract:
Property agents are forecasting that 1997 is going to be a good year for property investment in the City of London, England, although speculative investment is likely to be restrained. Some 1.6 billion pounds sterling had been invested in the City by the third quarter of 1997, in comparaison with 1.5 billion pounds sterling for the whole of 1996. The increase in rental values combined with the low cost of borrowing has helped to stimulate the market. German and UK companies have each invested around 24% of the total investment, in the City of London, between Jan-Sept 97.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
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Brown's study
Article Abstract:
UK property company Helical Bar is deal-driven, rather than sector-driven, according to investment director Mike Brown. However, the company's future acquisitions will probably include offices in the South East of England and central London, England. Brown believes that Helical Bar has a strong history of performing better than other property companies, both in the short and the long term. He is keen to boost the company's 250 million pounds sterling investment portfolio, which has been underperforming.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1998
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Standard's deviation
Article Abstract:
Standard Life aims to increase its property weighting to around 12.5%, according to Property Investment Manager Alex Watt. He manages a 3 billion pounds sterling property portfolio, and plans to spend around 1.25 billion pounds sterling on property in the period to 2002. Refurbishment and development will take around 500 million pounds sterling, with plans including the upgrading of shopping centres in Brent Cross, Blackburn and Hamilton, England. In the UK, the fund is focusing on retail property.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
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- Abstracts: A cross to bear. Proving slow to shed its past. Market values
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