Local Shopping REIT value dips December 1, 2011 THE LOCAL Shopping REIT saw its net asset value decline by 6.2 per cent in the year to 30 September, due to a £3.7m valuation decline in its portfolio. The company, which owns local neighbourhood shops across the UK, however, said its business is performing well as like for like rents grew by 0.7 per [...]
Almacantar’s plan hit for six December 1, 2011 Marylebone Cricket Club (MCC) has bowled over UK developer Almacantar’s plans for a top-end, £400m residential development near Lord’s Cricket Ground in London, and will fund the project itself. MCC said the England and Wales Cricket Board’s decision to award the club a string of major matches for the period 2013-16 had given its committee [...]
HAMPSTEAD GARDEN SUBURB December 1, 2011 CHATHAM CLOSE, NW11 Price: £795,000 A three bedroom unmodernised semi detached house located off Erskine Hill and backing onto Big Wood. It offers an entrance room, reception and dining room together with the kitchen and family bathroom. The property also has a view of trees and hedges fronting the house. Call Glentree International 020 8488 [...]
BUY December 1, 2011 DIRECTOR OF ESTATE AGENT DOUGLAS & GORDON Q.We have an offer and are about to exchange on our house, but at the last minute our buyers have asked for a price reduction. What are our options? A.Sadly the England and Wales property buying system allows, effectively, three chances for a buyer to [re]negotiate a price, once [...]
Five reasons why Hampstead is still tops December 1, 2011 1.HISTORY To live in Hampstead is to share cobbled streets and gourmet bakeries with the likes of Emma Thompson, Ricky Gervais, Peter O’Toole and Judy Dench. But the village’s place in the literary canon makes it one of the most historically evocative places in London. Keats lived next to South End Green, while an epic [...]
The Thing isn’t new but it’s still scary December 1, 2011 Film THE THING Cert: 15 By Stevie Martin Revisiting one of the best-loved horror films of all time is usually a bad idea. If John Carpenter’s 1982 version passed you by, the updated prequel is a great horror film, but if you saw the original then prepare to be quite shocked by the fact it’s [...]
SOMETHING FOR THE WEEKEND December 1, 2011 COMEDY 3 DEC DANIEL KITSON LIVE AT THE CHAPEL I’m loath to recommend Daniel Kitson’s night at Union Chapel. He’s the best comedian most people haven’t heard of, the guy you can wheel out in social situations to make yourself sound more interesting (“pfft, you like Michael McIntyre? You really need to check Kitson out”). [...]
Lenders pursuing Battersea owner November 30, 2011 LENDERS to Battersea Power Station could force parts of its owner into administration, after running out of patience over loan repayments. Creditors including Lloyds Banking Group and Ireland’s National Asset Management Agency have applied to send some arms of the Battersea Power Station Shareholder Vehicle (BPSSV) into administration after the group said it could not [...]
Shaftesbury gets boost from booming West End November 30, 2011 THE WEST END property company Shaftesbury has hailed it most “prosperous” era despite the economic gloom, as it posted a 12 per cent rise in full year net asset value. Shaftesbury owns a prized portfolio of 500 properties in London’s popular tourist spots including Carnaby Street, China Town and Covent Garden. Brian Bickell, Shaftesbury’s former [...]
Daejan blames Southern Cross for its losses November 30, 2011 PROPERTY group Daejan Holdings yesterday blamed its swing to a half-year loss on the failure of care home manager Southern Cross. FTSE 250-listed Daejan posted a pre-tax loss of £121,000 for the six months to the end of September, compared with a profit of £39.3m a year ago. The firm said lost rent and expenses [...]