Property market still patchy says Landsecs
21st Jul 2010 07:51
Property giant Land Securities made progress in its first quarter, but says the overall picture remains mixed with demand strong in some property types but weak in others. Total property sales in the quarter totalled £302.9m at 2.6% above March 2010 valuation and an average yield of 1.0%. Acquisiti
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
21st Jul 2010 07:50
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0650 GMT [Dow Jones] Land Securities' (LAND.LN) first-quarter update is "reasonably upbeat," says an analyst at Evolution Sec
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
21st Jul 2010 07:50
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0650 GMT [Dow Jones] Land Securities' (LAND.LN) first-quarter update is "reasonably upbeat," says an analyst at Evolution Sec
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
21st Jul 2010 07:50
0639 GMT [Dow Jones] Hochschild (HOC.LN) second quarter attributable production was slightly ahead of expectations due to outperformance in gold, says Damien Hackett of Canaccord. Hochschild reported 6.8 million troy ounces of attributable silver equivalent production compared to Canaccord's expecta
Read moreMARKET TALK: Land Securities Update "Reasonably Upbeat"
21st Jul 2010 07:50
0650 GMT [Dow Jones] Land Securities' (LAND.LN) first-quarter update is "reasonably upbeat," says an analyst at Evolution Securities. There are "no surprises and basically decent progress." The analyst adds that Land Securities has a very large City and West End development program, is bullish on th
Read moreLand Securities Pushes Developments With Trinity Leeds Start
21st Jul 2010 07:18
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s largest real estate investment trust, Land Securities Group PLC, (LAND.LN) Wednesday said it's progressing its GBP1 billion development pipeline, including restarting the Trinity Leeds development, amid improving property
Read moreUPDATE: Land Securities' Metro Fund Sells Shopping Center For GBP112M
20th Jul 2010 13:31
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s largest real estate investment trust, Land Securities Group PLC (LAND.LN), Tuesday said The Metro Shopping Fund, its joint venture fund with investor Delancey, sold the N1 shopping center for GBP112 million. The fund,
Read moreLand Securities' Metro Fund Sells Shopping Center For GBP112M
20th Jul 2010 09:25
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s largest real estate investment trust, Land Securities Group PLC (LAND.LN), Tuesday said The Metro Shopping Fund, its joint venture fund with investor Delancey, sold the N1 shopping center for GBP112 million. The fund,
Read moreBroker tips: Land Securities, Autonomy, Immunodiagnostic Systems
19th Jul 2010 13:58
Land Securities is looking "good value" as the market awaits Wednesday's first quarter update and an investor conference on Friday. Panmure Gordon is looking for confirmation that the real estate giant continues to perform well and that capital growth should have at least kept pace with the IPD mon
Read moreBroker snap: Land Securities 'good value'
19th Jul 2010 13:36
Land Securities is looking "good value" as the market awaits Wednesday's first quarter update and an investor conference on Friday. Panmure Gordon is looking for confirmation that the real estate giant continues to perform well and that capital growth should have at least kept pace with the IPD mon
Read moreFTSE 100 movers: Investors pleased by BT deal
9th Jul 2010 15:31
Footsie is moving higher helped by good news from BT Group. BT Group is higher after it agreed a new pay deal with the Communications Workers Union. This removes the threat of a strike. CWU members will receive a 3% annual pay increase backdated to January 2010 and lasting until March 2013. Citig
Read moreFirst investment by JJB boss
1st Jul 2010 16:34
JJB Sports chief executive Keith Jones has bought his first shares in the sportswear retailer following the conclusion of its company voluntary arrangement (CVA). JJB said all claims have been dealt with and the supervisors of the CVA have served notices terminating the arrangements with effect fr
Read moreLondon close: Seventh day of gains for Footsie
17th Jun 2010 16:46
London's blue chips rose for the seventh day running as BP took some comfort from the $20bn deal agreed with US president Obama. Banks also rallied on the new plans for City regulation set out yesterday. This afternoon, the coalition government also axed 12 projects costing £2bn, suspended another
Read moreLondon afternoon: Stocks drift off highest levels
17th Jun 2010 14:12
Leading shares saw their gains trimmed over the lunch time session, despite expectations of a firm start on Wall Street. BP and the banks continue to lead the market higher. Under fire oil giant BP remains the top performer after yesterday's meeting between BP officials and the US president. BP h
Read moreQatari Investors Continue Property-Buying Spree In London
17th Jun 2010 12:48
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Developer and investor Barwa Real Estate Co. (BRES.DO) Thursday said it will buy Park House development in London's fashionable West End district for GBP250 million, as Qatari investors continue to snap up prime real estate in the ci
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