Land Securities director acquires 10,000 shares
24th Jul 2014 16:26
Cressida Hogg, a Non-Executive Director of Land Securities, has spent £105,000 on 10,000 shares in the real estate investment trust. The purchase marks her only stake in the company. Meanwhile, Rolf Soderstrom, Chief Financial Officer at BTG has sold all of the 34,637 released under the group's
Read moreSector movers: Defensive stocks sought as geopolitical tensions rise
18th Jul 2014 13:48
Defensive stocks were in demand in London on Friday as investors sold off 'riskier' assets in search for safety amid heightened geopolitical tensions across the globe. World leaders have demanded answers after the shooting down of a Malaysia Airlines jet over eastern Ukraine, with 298 people on boa
Read moreLondon midday: UK stocks sink as West imposes new sanctions on Russia
17th Jul 2014 12:10
- US imposes harsher sanctions on Russia, EU to follow suit - Sanctions to have "devastating consequeunces", says VTB boss - ITV shares surge on M&A hopes techMARK 2,791.26 -0.58% FTSE 100 6,739.98 -0.66% FTSE 250 15,516.69 -0.54% UK stocks pulled back sharply on Thursday morning as increased ten
Read moreLondon open: UK stocks retreat, but ITV jumps
17th Jul 2014 09:10
- Stock slip after strong gains yesterday - Upbeat Beige Book leads to another record for the Dow - ITV surges on Liberty Global M&A hopes techMARK 2,795.17 -0.44% FTSE 100 6,769.28 -0.23% FTSE 250 15,542.03 -0.37% London's FTSE 100 slipped on Thursday morning, retreating after a big jump the prev
Read moreLand Securities enjoys London leasing momentum
17th Jul 2014 07:56
- Good momentum in development lettings - 385,000 of space let in Q1 - Interim dividend of 7.9p per share Land Securities claimed a strong start to the year, with strong leasing momentum in office buildings and a continuing shift in retail property portfolio towards "dominance, experience and conve
Read moreLondon pre-open: Stocks expected to pull back after strong gains
17th Jul 2014 07:51
After the strong gains made yesterday and another all-time high on Wall Street last night, UK stocks are expected to pull back slightly on Thursday morning. City sources predict the FTSE 100 will open around 17 points lower than Wednesday's close of 6,784.67 following a 1.1% jump for the index yes
Read moreMayor Boris Johnson drives new laws to release London land for housing
15th Jul 2014 14:38
UK housebuilders are optimistic that the Mayor of London, Boris Johnson, can push legislation through parliament that will accelerate the release of public land in the capital to build new homes. Currently in the rest of England outside London, the Homes & Communities Agency, the national housing a
Read moreBroker tips: Land Securities, BT Group, DS Smith
26th Jun 2014 13:05
Deutsche Bank said that Land Securities' £656m purchase of a 30% stake in shopping centre Bluewater will likely lift valuations of shopping centres across the UK. Land Securities said that overall net initial yield after the expiry of rent-free periods is 4.1%. However, Deutsche Bank estimated th
Read moreLand Secs' Bluewater deal to lift shopping centre valuations, says Deutsche Bank
26th Jun 2014 12:01
Deutsche Bank said that Land Securities' £656m purchase of a 30% stake in shopping centre Bluewater will likely lift valuations of shopping centres across the UK. Land Securities said that overall net initial yield after the expiry of rent-free periods is 4.1%. However, Deutsche Bank estimated th
Read moreLondon midday: Iraq concerns push stocks lower ahead of US data
25th Jun 2014 11:30
- FTSE 100 on track to close at two-month low - Iraq situation worsens, Ukraine still in focus - Bunzl disappoints with trading update - Oil stocks fall, real estate gains techMARK 2,794.32 -0.53% FTSE 100 6,744.97 -0.62% FTSE 250 15,458.96 -0.57% UK stocks were firmly in the red on Wednesday as o
Read moreLondon open: UK stocks near two-month low as Iraq fighting escalates
25th Jun 2014 08:32
- Syria carries out airstrikes in Iraq - Ukraine in focus as West considers more sanctions against Russia - US GDP to be revised lower techMARK 2,796.66 -0.44% FTSE 100 6,747.40 -0.58% FTSE 250 15,499.81 -0.30% UK stocks dropped sharply on Wednesday morning with the FTSE 100 trading at levels not
Read moreLand Securities buys 30% of Bluewater shopping centre
25th Jun 2014 07:48
Real estate group Land Securities is spending £656m on a 30% stake in Bluewater, one of the largest shopping centres in the UK. The company, which acquired the interest from Lend Lease, said it is part of its "continued strategic shift of our retail portfolio towards dominance, experience and conve
Read moreLondon pre-open: FTSE to track US lower ahead of GDP Q1 revision
25th Jun 2014 07:40
UK stocks are headed for a sharp drop early on following late losses over in the States last night, which saw the Dow Jones suffer triple-digit losses and prompted declines in Asia overnight. City sources predict the FTSE 100 will open around 32 points lower than yesterday's close of 6,787.07. US
Read moreLondon close: Cable slips after dovish MPC testimony
24th Jun 2014 17:01
- MPC members grilled by MPs, sound dovish tone - Iraq tensions, German data weigh on sentiment - Cable falls to 1.6969 techMARK 2,809.07 -0.68% FTSE 100 6,787.07 -0.20% FTSE 250 15,547.21 -0.82% UK stocks erased early gains and ended the session slightly in the red as investors digested dovish c
Read moreLand Securities sells Sunderland shopping centre for £152m
24th Jun 2014 07:25
Property group Land Securities is to sell Sunderland shopping centre, The Bridges, to clients of AEW Europe for £152m. After buying the shopping centre in 1993 and extending it in 2000, Land Securities said the sale price of the 550,000 square-foot site reflects a net initial yield of 6.9%. The Br
Read more