Grainger up on a south east boost November 24, 2011 GRAINGER, the UK’s largest residential landlord, posted an 8.2 per cent rise in full year net asset value and remained confident in its outlook for the UK residential market as it focuses on London and the south east. Gross net asset value per share at the company grew to 216p at the end of September [...]
London & Stamford slumps into the red on higher costs November 24, 2011 LONDON & Stamford Property swung to a loss in the six months to September, thanks to a jump in exceptional costs and losses on derivatives. The firm, which owns One Carter Lane and Fleet Place in the City, posted a pre-tax loss of £3.4m, compared with a profit of £23.2m in the same period last [...]
Property developer Helical Bar swings back into full year profit November 24, 2011 HELICAL Bar swung to a first-half pretax profit, while its underlying net asset value slipped lower, and said it expected to sell more non-core assets in the coming months. The company, led by property veteran Michael Slade, posted a pre-tax profit of £4.1m for the six months, up from a loss of £3.2m. “The group [...]
CROYDON November 24, 2011 SAFFRON SQUARE Price: From £182,500 for one-bedroom to £640,000 for three-bedroom with balcony Saffron Square will be over 22,000 square feet of new apartment and retail buildings, all set in a new public square, landscaped and with water features. There will be 715 one-, two- and three-bedroom apartments. Contact Knight Frank on 020 7861 5499 [...]
SELL November 24, 2011 MANAGING DIRECTOR OF KAY & CO, CENTRAL LONDON ESTATE AGENCY Q.I’m about to put my house on the market – how long should I expect it to take me to sell my home? A.This is a tricky question to answer as time scales vary dramatically. However, on balance, in order to allow for a full [...]
PROPERTY NEWS November 24, 2011 PRIME MARKETS TO LEVEL OFF NEXT YEAR The world’s prime markets are anticipated to level off next year, according to the Knight Frank global forecast. Forty-four per cent of cities are expected to see prices rise, 44 per cent should expect a fall in prices, and 12 per cent will remain unchanged. Asian cities are [...]
I’m dreaming of a blue and green Christmas November 24, 2011 The colour of TV commercial Christmas is snowy-white, accented by the waxy green and red of bows of holly. The Christmas of real life tends to be a slushy brown, accented by car-fumes and accompanied by a complete breakdown of the transport system. While most of us will just slog through it as usual, for [...]
Great deals meet a good cause in the Red Cross Christmas Market November 24, 2011 WHAT better way to get your Christmas shopping done than tying it in with a good cause – and a nice dose of history. Next week, the Red Cross Christmas Market at London’s Guildhall provides a fabulous, multi-dimensional chance to get the best out of the season, whether it’s art, craft or other goodies – [...]
THE RED CROSS AND THE CITY | A TRADITION OF SERVICE November 24, 2011 The City’s annual Red Cross Christmas Market is the capital’s largest fundraising event for the crisis charity and has been a joint venture with the livery companies since the Second World War. Originally a source of affordable Christmas presents for London’s East End, today it mixes luxury with a selection of gifts for all budgets. [...]
Time to resurrect the Ian Brown baggy look November 24, 2011 News that the Stone Roses are reforming to play a string of gigs next year – including three nights in Manchester – has led to a surge of interest in the band that helped to soundtrack a generation. Iconic frontman Ian Brown was at the forefront of the “Madchester” scene and his style has been [...]