An open book
Article Abstract:
UK real estate firms should improve the quality of their financial reports for shareholders. Investors need adequate information in order to be able to make the right investment decisions. Lease details could be imporved and more information could be provided on portfolio strategies. The UK real estate industry would benefit from standards adhered to by the industry as a whole, such as an index for measuring performance allowing bench marking. Companies which can prove that their performance is strong can attract funds more easily.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
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Ritblat mounts rescue bid as receivers called to CEL
Article Abstract:
Colliers Erdman Lewis (CEL) has had receivers appointed and an agreement with Conrad Ritblat has been made to allow some of CEL to keep on trading. The administrative receivers are Ernst and Young. The collapse of CEL affects 70 jobs. The pact with Conrad Ritblat involves the office in London, England, and the main instructions of CEL which have been taken out to form a separate company. CEL's turnover was estimated at over 20 million pounds sterling.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
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Investors bank on 1996 returns
Article Abstract:
A survey of the UK's property investment industry reveals that property is expected to perform strongly in 1996, following on from increased growth in rental income. The most popular sector is retail, followed by industrial and offices. It is predicted that total property returns in 1995 will reach 7.1%, against a previous forecast of 12.1%.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
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