WHAT THE OTHER PAPERS SAY THIS MORNING August 13, 2009 FINANCIAL TIMES YANZHOU DIGS DEEP IN BID FOR FELIXChina’s largest takeover bid for an Australian company was formally launched yesterday when Yanzhou Coal Mining made a recommended cash offer for Felix Resources worth just over A$3.5bn (£1.78bn). The offer is pitched at A$16.95 a share, valuing Felix at A$3.33bn, but shareholders will also receive A$1 [...]
Falling Mayfair prices attracting students and the fashionable set July 9, 2009 LONDON’S playground of the super-rich has always been a place that ordinary mortals – even high-earning ones – would rarely consider within their reach. But times have changed, and with them, Mayfair’s rental prices, which have dropped 15-20 per cent since their peak in 2007. Charity Delves, lettings manager at Mayfair estate agent Wetherell, says: [...]
Bang for your buck: what the world’s best business hotels offer June 7, 2009 BUSINESS hotels often promise the world, but they often disappoint. Small things like a slow internet connection, a restaurant that closes early or trouble getting hold of an iron can play havoc with your plans. To work, they have to get so many things right. Let’s face it, you’re only going to remember the one [...]
Buying property on a golf course can be an above par investment July 31, 2008 Look to the States or Morocco for a sporting second home, writes Alex Delmar-Morgan As the Open Championship at Royal Birkdale reached its nail-biting conclusion recently, with Irishman Padraig Harrington pipping veteran Aussie Greg Norman to win the claret jug, many around the country were surely visualising themselves ambling round a gold-course, driver in hand, [...]
Buying off-plan means that you have control over your investment July 3, 2008 You can land a bargain if you are prepared to do your research, writes Timothy Barber Buying a property can be pretty much the most stressful process you can put yourself through. You can multiply that by ten when it comes to buying abroad. Whether looking for a holiday home or a simple investment, a [...]