2nd Nov 2009 08:18
Quintain Estates is weaker Monday after the property developer confirmed it is considering an equity issue, thought to be about worth about £180m. It said no formal decision has been made and a further announcement will be made when appropriate. Oil and gas explorer Leed Petroleum has completed wi
Read more9th Oct 2009 09:19
Property developer Quintain and its joint venture partner Lend Lease Europe have sold the 999 year lease of the Millennium Dome, for £24m to Trinity College, Cambridge. As a 49% shareholder in the Dome, which is now known as the O2 Centre, Quintain will get £11.8m which, together with other trans
Read more11th Sep 2009 07:32
Property developer Quintain Estates has sold a stake in its healthcare property fund Quercus Healthcare Property Partnership at below book value to raise cash of £31.3m. The stake was sold at a 12% discount to the fund's reported NAV at July and a discount to Quintain's March valuation of £10.8m,
Read more13th Aug 2009 16:33
Property company Quintain Estates has soared over 1400% from record lows in March, but bosses think the shares have further to go. Tonianne Dwyer, who joined Quintain in 2003 to head the fund management business, has spent £50,000 on 40,000 shares at 125p each. That takes 45-year-old Dwyer's stake
Read more29th Jul 2009 14:56
Property firm Quintain Estates said the speed at which property prices are declining has slowed significantly since 1 April, while some sectors of the property market are showing early signs of turning the corner. The company said rental collection in the second quarter remained strong at 99.5%, co
Read more22nd Jun 2009 16:57
There's been heavy buying of investment company Parkmead recently, with bosses keen to snap up stock near historic lows. Non-executive chairman Colin Goodall and non-executive director Thomas Cross both bought 10m shares at 1p each. The £100,000 purchases take former BP man Goodall's stake to 12m
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