London & Associated Properties Share News (LAS)

London & Associated Properties Agrees New Credit Facility

LONDON (Alliance News) - London & Associated Properties PLC Tuesday said it has recently agreed a new credit facility for GBP40.1 million with Royal Bank of Scotland Group PLC, using GBP4.1 million from its cash reserves to reduce the loan from a previous GBP44.2 million facility. The compa

Cineworld's newest board members stock up

Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group. He paid 302.63p a share spending a total of £145,535. Chief Operating Officer, Israel Greidinger, matched his purchase with his own. Both joined the

London & Associated Properties Reintroduces Dividend Despite Profit Fall

LONDON (Alliance News) - London and Associated Properties PLC Thursday reintroduced its dividend despite reporting a fall in pretax profit for the full-year. The UK shopping centre and Central London retail property specialists posted pretax losses of GBP1.1 million for 2013 down from GBP7.

London & Associated Properties Says Trading Conditions Showing Signs Of Improvement

London and Stamford completes refinancing

Real estate investment trust London and Stamford Property has completed the financing for three of its London residential investments. The company has signed a £21.98m facility with MetLife for its Bridges Wharf (Battersea) and Clapham Road (The Oval) residential investments. The property group h

Hammerson finance boss lays foundations

The finance boss of Hammerson Timon Drakesmith has upped his stake in the shopping centre owner, spending nearly £200,000 on shares. He bought 50,000 shares in the company, paying 384.99p a time. Drakesmith will be glad he didn't rush into buying the shares following his appointment in June. They

London & Associated Properties Extends Credit Facility

LONDON (Dow Jones)--London & Associated Properties (LAS.LN), a specialist retail investor and developer, Thursday announces that it has extended its Revolving Credit Facility with RBS by 12 months, through to September 2012, and reduced the total available facility to GBP60 million from GBP90 millio

Small cap round-up: Watermark Global, Treatt, Gemfields ...

Shares in Watermark Global jumped after the acid mine drainage treatment company said it had signed a co-operation agreement worth R5m (£406,000) for its subsidiary Western Utilities Corporation to provide engineering work for South Africa's Industrial Development Corporation. The strong US dollar

LAP cheered by fashion retail deals

Retail property specialist London & Associated Properties (LAP) said it saw relatively strong trading in the year to date, with lettings to fashion groups Jack Wills and Urban Outfitters contributing to revenues. The firm said the uncertain performance of properties may last until next year, but th