London & Associated Properties swings to loss as rate hikes bite
25th Aug 2023 08:25
(Sharecast News) - Real estate investment company London & Associated Properties swung to a loss in the first half as interest-rate increases had a significant impact on trading, and resulted in a huge write-down of one of its key properties.
Read moreCineworld's newest board members stock up
25th Apr 2014 16:00
Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group. He paid 302.63p a share spending a total of £145,535. Chief Operating Officer, Israel Greidinger, matched his purchase with his own. Both joined the
Read moreLondon and Stamford completes refinancing
27th Feb 2012 09:08
Real estate investment trust London and Stamford Property has completed the financing for three of its London residential investments. The company has signed a £21.98m facility with MetLife for its Bridges Wharf (Battersea) and Clapham Road (The Oval) residential investments. The property group h
Read moreHammerson finance boss lays foundations
15th Sep 2011 15:08
The finance boss of Hammerson Timon Drakesmith has upped his stake in the shopping centre owner, spending nearly £200,000 on shares. He bought 50,000 shares in the company, paying 384.99p a time. Drakesmith will be glad he didn't rush into buying the shares following his appointment in June. They
Read moreLondon & Associated Properties Extends Credit Facility
1st Jul 2010 07:44
LONDON (Dow Jones)--London & Associated Properties (LAS.LN), a specialist retail investor and developer, Thursday announces that it has extended its Revolving Credit Facility with RBS by 12 months, through to September 2012, and reduced the total available facility to GBP60 million from GBP90 millio
Read moreSmall cap round-up: Watermark Global, Treatt, Gemfields ...
7th Dec 2009 09:56
Shares in Watermark Global jumped after the acid mine drainage treatment company said it had signed a co-operation agreement worth R5m (£406,000) for its subsidiary Western Utilities Corporation to provide engineering work for South Africa's Industrial Development Corporation. The strong US dollar
Read moreLAP cheered by fashion retail deals
19th May 2009 11:08
Retail property specialist London & Associated Properties (LAP) said it saw relatively strong trading in the year to date, with lettings to fashion groups Jack Wills and Urban Outfitters contributing to revenues. The firm said the uncertain performance of properties may last until next year, but th
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