MWB goes public
Article Abstract:
The property company Marylebone Warwick Balfour (MWB) has merged with Ex-Lands creating a new business worth 47 million pounds sterling. Chief Executive of the new company Richard Balfour-Lynn has many plans to extend the business and hopes that by 1999 the company will be worth 150 million pounds sterling. Balfour-Lynn confirms that a major part of Ex-Lands property will be sold, particularly if it does fit in with future plans. Balfour-Lynn has reservations about entering the stock market as he fears that he will have to relinquish some control over the business.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
MacLachlan's move
Article Abstract:
Moorfield Estates Property Director Alex MacLachlan joined the company which is worth 38 million pounds sterling from his previous role as Managing Director of FP Property Services. MacLachlan joins Graham Stanley and Marc Gilbard who took over Moorfield in 1996. MacLachlan plans to make a profit in 1997 by starting some of the development projects which are in the planning stage. Gilbard and Stanley have brought MacLachlan into the company for his expertise in the property market.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Hopes rise as supply dwindles. All new and improved
- Abstracts: Mergers in mind. Fermenta's Prior deal. Greycoat: survival of the fittest
- Abstracts: Safety first. Matchstick men come home. London rents move first
- Abstracts: Local authorities and Hedley Byrne. Max Factor Ltd v Wesleyan Assurance Society. Revised Arbitration Bill
- Abstracts: Gearing up for a change of speed. Retailers' musical chairs. Working up to a bigger appetite