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Wed, 13th Aug 2014 15:00
(Repeats story published late on Tuesday) By Paul Sandle and Esha Vaish LONDON, Aug 2 (Reuters) - As Britain's construction industry reels from its sharpest downturn for seven years, it is companies that operate under longer-term contracts and have less exposure to London that are bet
Read moreBy Paul Sandle and Esha Vaish LONDON, Aug 2 (Reuters) - As Britain's construction industry reels from its sharpest downturn for seven years, it is companies that operate under longer-term contracts and have less exposure to London that are better weathering market uncertainty caused by the
Read more(ShareCast News) - UBS initiated coverage of the UK estate agent sector on Wednesday, with Foxtons and Savills at 'buy', Countrywide at 'neutral' and Purplebricks at 'sell'. The Swiss bank, which expects UK wide housing transactions to fall 6% this year and 5% the next - with a 10 drop in London in
Read more* Foreign buyers invested more than 2 bln euros in May, June * Foreign capital accounted for 52 pct of investment in 2015 * UK, U.S. private equity interest surges By Anthony Deutsch AMSTERDAM, July 8 (Reuters) - Until the British vote to leave the European Union last mont
Read more* Some wealthy Asians see plunge in sterling as opportunity * Some property deals slower, re-priced downwards after Brexit * Asians have been large buyers of London property * Top players like GIC say still committed to market By Denny Thomas HONG KONG, July 7 (Reute
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(ShareCast News) - Friday's sharp drops among shares of UK homebuilders and real estate outfits saw executives from several outfits step-in to pick-up some shares. Glyn Barker, non-executive director at Berkeley Group Holdings scooped up 2,000 shares in the homebuilder for a total £52,060.00. In pa
Read moreLONDON, June 21 (Reuters) - HSBC has launched what is thought to be Britain's lowest-ever mortgage deal with an interest rate of less than 1 percent, raising concerns of a return to riskier lending practices to try to boost flagging profits. Europe's largest bank is offering customers the c
Read moreBy Esha Vaish June 10 (Reuters) - In Britain's regions, smaller investors are securing discounted deals on commercial property as heavyweight funds put purchases on ice ahead of the referendum on EU membership. Defying an investment lull in the capital, regional property markets have
Read more** UK housebuilders fall after data from the Royal Institution of Chartered Surveyors paints a bearish picture of the UK housing market ** Percentage of respondents expecting a fall in prices v those expecting a rise turns negative for the first time since November 2012, with sentiment on L
Read more(ShareCast News) - International real estate advisory firm Savills announced a fresh investment on Friday, confirming that is proprietary investment subsidiary Grosvenor Hill Ventures has taken a minority stake in YOPA Property, by participating in its £16m equity fundraising. The FTSE 250 firm said
Read more(ShareCast News) - Savills confirmed UK commercial and residential property activity has slowed in the run up to the UK's European Union referendum, but that its expectations for the year remain unchanged. The FTSE 250 estate agent said the first four months typically represent a small element of th
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