Monday 22 September 2008

Property values fell again in August (Reuters via Yahoo! UK & Ireland News)



Commercial property values sank by a further 2.1 percent in August, extending the market's correction from its peak a year ago to 21.5 percent, data from CB Richard Ellis (CBRE) showed on Tuesday.
Source: uk.news.yahoo.com

Where hedge funds go when they short - Financial Times

Houston Chronicle

Where hedge funds go when they short
Financial Times, UK - 22 hours ago
In order to short those shares, hedge funds will have needed to borrow the stock through a mechanism provided by their prime brokers. ...
Not all hedge funds will suffer Business Spectator
Wall Street Fastens Its Seatbelt, Preparing for This Week’s Ride New York Times
Bright spot in the dark InvestmentNews
Bloomberg - guardian.co.uk
all 198 news articles

Source: news.google.com

(AFX UK Focus) 2008-09-09 14:29 UK property values fell another 2 pct in Aug- CBRE (Interactive Investor)
LONDON, Sept 9 (Reuters) - British commercial property values sank by a further 2.1 percent in August, extending the market's correction from its peak a year ago to 21.5 percent, data from CB Richard Ellis (CBRE) showed on Tuesday. The property services firm said total returns -- rental income and capital growth combined -- were on average minus 7.6 percent in the first eight months of 2008 ...
Source: www.iii.co.uk

Fletcher King sees tough conditions persist (ShareCast via Yahoo! UK & Ireland Finance)
London-based property fund and asset manager Fletcher King said tough market conditions persist with trading conditions remaining difficult, adding that it sees little chance of the market improving before mid-2009 at the earliest.
Source: uk.biz.yahoo.com

No comments: