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No second half recovery seen for Colliers CRE - ShareCast - Mon 12 May, 09:49 AM
Struggling property consultant Colliers CRE was on the slide again Monday morning after saying it no longer expects a recovery in investment activity in the second half of 2008..

Berkeley reported ready to buy cheap building land - Reuters - Sat 10 May, 12:20 PM
Property developer Berkeley Group <BKG_u.L> is ready to buy land from distressed sellers as it builds up a 1 billion pound venture with a Saudi billionaire, the Times newspaper reported on Saturday.

Robert Tchenguiz says has interest in Whitbread - Reuters - Fri 09 May, 04:11 PM
Property investor Robert Tchenguiz said on Friday he had an economic interest through contracts for differences (CFDs) in 5.5 million shares in Whitbread.

Week ahead: HSBC, Wolseley, Land Securities, Enterprise Inns - ShareCast - Fri 09 May, 01:06 PM
The banking sector and property-related stocks have been among the main victims of the credit crunch, so trading statements from HSBC and building supplies group Wolseley will be closely watched Monday.

Help pledged over repossessions - Reuters - Fri 09 May, 10:40 AM
The government plans to boost debt advice and provide free legal aid to help homeowners avoid repossession, it said on Friday, as concern grows over the economic impact of rising borrowing costs and weakening property prices.

Oakdene profits down - ShareCast - Fri 09 May, 08:58 AM
Housebuilding and property firm Oakdene Homes saw profits for the year fall and said home sales will be at lower levels for the rest of the year.

US House-approved mortgage crisis bill faces veto - AFP - Fri 09 May, 02:04 AM
The US House of Representatives has approved a bill that lawmakers hope could stem the tide of home foreclosures due to the subprime mortgage crisis, but it faces a presidential veto.

Hirco profits soar - ShareCast - Thu 08 May, 03:24 PM
Indian real estate investment company Hirco increased its net asset value by 11% in the six months to end-March, capitalising on the high demand for quality housing as India's economy continues to grow.

Mapeley in the red as property values slide - ShareCast - Thu 08 May, 08:55 AM
Further falls in property values sent Mapeley into the red during the first quarter, as expected, although funds from operations (FFO) more than tripled during the period.

Enterprise Inns cheers REIT eligibility - ShareCast - Wed 07 May, 06:07 PM
Shares in Enterprise Inns soared by nearly a third after the pub owner confirmed it is eligible to convert to a low tax real estate investment trust (REIT) if an internal restructuring of the group is undertaken.


Enterprise can become REIT 06:06 PM [ Reuters]
Sector movers: Asset revaluation hits Hawtin 03:28 PM [ ShareCast]
IP Group raises stake in non-stick gum firm 02:34 PM [ ShareCast]
Hawtin slumps into red, takes fair value hit 02:18 PM [ ShareCast]
Liberty Int'l confirms net asset slide 07:55 AM [ ShareCast]


London close: Footsie ends flat 05:11 PM [ ShareCast]
Web site Rightmove says trading strongly 12:23 PM [ Reuters]
Broker tips: ITV, real estate, Antofagasta 11:39 AM [ ShareCast]
London midmorning: Property stocks drag Footsie lower 10:59 AM [ ShareCast]
Broker snap: Morgan Stanley double downgrades British Land 10:39 AM [ ShareCast]


Aberdeen buys Goodman Property Investors 08:15 AM [ Reuters]
British house prices slide further in April: survey 12:51 PM [ AFP ]
Rok upbeat despite propety gloom 12:31 PM [ ShareCast]
Hammerson says activity remains restricted 07:35 AM [ ShareCast]
House prices suffer 1st annual fall in 12 years 02:28 PM [ ShareCast]


US home prices in steeper fall: survey 03:42 PM [ AFP ]
OMG buys US data firm for up to £2m 08:15 AM [ ShareCast]
U.S. Episcopal Church sues rebel California bishop 02:51 AM [ Reuters]
US March new home sales fall to more than 16-year low 08:27 PM [ AFP ]
US new home sales fall to more than 16-year low 04:54 PM [ AFP ]


US new home sales drop 8.5 percent in March 04:07 PM [ AFP ]
Liberty Mutual to buy Safeco in big insurance tie-up 05:55 PM [ AFP ]
Johnston Press slumps as rival's property ad revenues slide 04:40 PM [ ShareCast]
London offices worst hit by subprime woes 10:34 AM [ Reuters]
Raven Russia signs €49.1m construction facility 09:54 AM [ ShareCast]


Formation trading ahead of expectations 09:47 AM [ ShareCast]
Monthly sales report shows housing still mired in slump 08:35 PM [ AFP ]
US home resales slip another two percent 04:55 PM [ AFP ]
US home resales slip another 2 percent 03:15 PM [ AFP ]
Small caps round-up: Cyril Sweett, OMG, Private & Commercial 02:55 PM [ ShareCast]

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