Redefine International buys UK retail centre and reduces gearing
Redefine International seeks to boost image in UK
Redefine International sees the move as part of a broader strategy to address negative market perceptions and raise the company’s profile in the UK.
Intu Properties positive as retailers in UK more confident
Amid stagnant economic growth, UK-focused Intu Properties has been repositioning itself and will be substantially better placed in the market 'as and when the economy picks up', according to management.
Capital and Counties Properties has active start to year
UK property company Capital & Counties Properties has had an active start to the year reflecting the positive conditions in the central London retail and residential property markets and the quality of its portfolio.
Manufacturing Recovery Good news for Commercial Property
The recent recovery of the UK manufacturing industry is good news for the commercial property sector, according to property consultants D&P Holt
Twelve consecutive months of declining values in the UK – but returns remain positive
Twelve consecutive months of negative capital movement in the UK means property values, at the headline level, have fallen by a cumulative -3.5 percent since November 2011, according to the IPD UK Monthly Property Index
SA wealthy buying more property in London than the Swiss, Singaporeans and Saudi’s
The report released by global property consultancy Knight Frank LLP, shows that South African buyers outperformed buyers from far wealthier countries such as Germany, Singapore, Saudi Arabia, Switzerland and Canada over the past 3 years.
U.K. Commercial Property Values Fall for 11th Straight Month
The average value of stores, offices and warehouses declined 0.4 percent from August, led by retail properties, London-based IPD said in a statement today.
Investor activity holding up in 2012
With the UK moving back into 'technical' recession in Q2 12 and with the Eurozone crisis lumbering on, it was unsurprising to see the return of investor uncertainty. Despite this, hotel investment activity this year has been relatively resilient. To date volumes total £1.25bn, only 5% down on the same period last year.
Redefine International advances financing facility
REDEFINE INTERNATIONAL REACHES IN-PRINCIPLE AGREEMENT TO RESTRUCTURE DELTA FINANCING FACILITY
Following the recent announcements on the successful restructuring of the Halle, VBG and Crewe facilities, Redefine International PLC (Redefine), the London-based diversified income-focused property company, has reached an in-principle agreement to extend and restructure the £114.6 million Delta facility
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.