Property talking shop at Threadneedle St

Article Abstract:

The Bank of England now regards the property market as being an important player in the country's state of finance, as was demonstrated in the 1989-90 economic collapse when dramatic property price reductions had a serious impact on the country's financial sector. The Banks' executive director Pen Kent, initiated a property forum in 1994 to share current information with other key representatives in the industry. The overall aim is to help the property sector thrive in the ideal economy, which has non-inflationary and stable conditions.

Finance, Interview, Kent, Pen

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Property should grin and bare it

Article Abstract:

The introduction of asset information breakdowns is not being wholeheartedly welcomed by the UK property management industry. Industry chief Nick Leslau is behind the suggestion to get property firms to produce a detailed account of how much companies are worth, with the emphasis on ensuring firms have sound business plans and share value growth potential. Industry chiefs fear the moves could result in some firms showing weak growth figures and loosing valuable business.

Planning, Real estate industry

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After ground zero

Article Abstract:

UK property market experts believe a positive strategic response to the attacks on America in September 2001 could avert a potential downturn in the market and a possible global recession.

Terrorism

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