(AFX UK Focus) 2008-11-25 10:57 UPDATE 1-Russia LSR 9-mth profit falls on portfolio revaluation (Interactive Investor)

MOSCOW, Nov 25 (Reuters) - Shares in Russian construction and real estate company LSR Group fell as much as 65 percent after the company said its nine-month earnings collapsed due to a portfolio revaluation. Net profit fell 82 percent to $44 million, from $249 million in the first nine months of 2007, the company said in a statement. Normalised net profit, which excludes the effect of the ...
Source: www.iii.co.uk

A positive consensus
If one reads the views of some commentators on the buy-to-let industry, the situation appears unremittingly dire: one...
Source: news.assetz.co.uk

UPDATE 2-Thomas H. Lee mulls shrinking 2 funds - WSJ - Reuters

UPDATE 2-Thomas H. Lee mulls shrinking 2 funds - WSJ Reuters - 7 hours ago Hard-hit hedge funds run by Lee farmed out investor money to about 110 other funds, including SAC Capital Advisors and DE Shaw Group, according to the paper ... Buyout Titan Weighs Hedge-Fund Revamp Wall Street Journal Lee Sustains Losses, May Shut Down Two Hedge Funds HedgeCo.net Thomas Lee May Close Fund Of Hedge Funds Shop FINalternatives all 16 news articles

Source: news.google.com

All about location
If 'Location Location Location' sounds like not just a TV programme title but a hackneyed phrase, tha...
Source: news.assetz.co.uk

Losses widen at McKay Securities (ShareCast via Yahoo! UK & Ireland Finance)
real estate investment trust McKay Securities saw its net asset value per share dive in the first half of its financial year, as the commercial property sector’s slump worsened.
Source: uk.biz.yahoo.com

December 1: Builders still after town's green fields - Northampton Chronicle

Despite reeling from the recession, the major house builders are still seeking to tie up greenfield sites all around Northampton: Bovis in Hunsbury and Collingtree Park and Taylor ...
Source: www.northamptonchron.co.uk

Construction industry confidence plummets to record low - The Independent
Hit the banks where it hurts Hamish McRae: It will take time, but we'll recover Man who killed himself feared the effects of financial crisis Recession slows the Tesco juggernaut ...
Source: www.independent.co.uk

A presidential boost for France
Ever since he first came to power, President Nicolas Sarkozy has expressed a desire to make France a property-owning ...
Source: news.assetz.co.uk

Need for property benchmark intensifies (Financial Times)
An accurate benchmark index for the commercial property market has always been a problem owing to the relatively few transactions and disparate nature of the assets in the sector.
Source: www.ft.com

Hedge funds should beware pressure on fees-Lipper - guardian.co.uk

Hedge funds should beware pressure on fees-Lipper
guardian.co.uk, UK - 2 hours ago
By Simon Meads LONDON, Dec 4 (Reuters) - Hedge funds should be wary of being pressured into cutting fees because of poor performance numbers during the ...
Managed Futures Funds Gain in Popularity and Performance MarketWatch
all 10 news articles

Source: news.google.com

Cash to support construction in Scotland - eGov Monitor
Decisive action to help the construction industry tackle current economic challenges was pledged today. Deputy First Minister Nicola Sturgeon revealed that accelerated investment ...
Source: www.egovmonitor.com

Eminent domain: Port City property owner fights state - Portsmouth Herald
PORTSMOUTH â€" When the state begins a $17 million project to replace five red-listed bridges in the city in 2011, it will have to acquire easements or very small sections of land ...
Source: www.seacoastonline.com

Price: 48.50 - Life Style Extra
It seems that even in these times, we still have peole who seen to be shorting stocks/ ramping them dowm!!!! I have very good knowledge of this company and look at increasing my ...
Source: www.lse.co.uk

Farallon Is Latest Fund to Limit Redemptions - Wall Street Journal

Wall Street Journal - 3 hours ago
Farallon joins Tudor Investment Corp. as large hedge fund firms taking measures to halt or slow investors trying to get out of hedge funds, something that's ...
DE Shaw, Farallon Restrict Withdrawals as Fund Freeze Deepens Bloomberg
Redemption central: The Tokyo Hedge-Fund Club parties on…. FT Alphaville
Hedge Fund Giants DE Shaw, Farallon Block Redemptions FINalternatives
New York Times Blogs - Reuters
all 15 news articles

VAT Cut Will Help Business More Than Consumers

Most people interviewed regarding the proposed VAT cut last night seem to think it would make no difference to them a...
Source: news.assetz.co.uk

CML director general addresses annual conference - Politics.co.uk
I have fifteen minutes in which to describe the events in the most momentous year ever in the UK financial services sector. The housing and mortgage markets have been daily news ...
Source: www.politics.co.uk

All about location
If 'Location Location Location' sounds like not just a TV programme title but a hackneyed phrase, tha...
Source: news.assetz.co.uk

(AFX UK Focus) 2008-11-11 19:19 Russian developer RTM profit falls, revisits plans (Interactive Investor)

MOSCOW, Nov 11 (Reuters) - Russian real estate developer RTM reported on Tuesday a 60 percent fall in first-half net profit and said it would temporarily suspend investing in projects in their early stages due to the market crisis.
Source: www.iii.co.uk

France holds together
With the credit crunch decimating property prices in many countries, good news has sometimes been hard to find. But i...
Source: news.assetz.co.uk

Layoffs at Wolseley as property slowdown accelerates (Reuters via Yahoo! UK & Ireland News)
In a sign of the increasingly acute contraction of the worldwide property market, building supplies company Wolseley announced a slew of layoffs and store closures, sending its shares tumbling as much as 8 percent in early trading.
Source: uk.news.yahoo.com

HSBC offered 23pc off its Canary Wharf tower (Daily Telegraph)
HSBC is being offered back its headquarters in Canary Wharf for 23pc less than it sold it for last year.
Source: www.telegraph.co.uk

Layoffs as property slowdown increases (Interactive Investor)

Tue 18 Nov, 2008 13:35
Source: www.iii.co.uk

(AFX UK Focus) 2008-11-20 13:55 UPDATE 1-Dubai real estate suffers as distressed sales rise (Interactive Investor)
By Jason Benham
Source: www.iii.co.uk

Metrovacesa offers to sell HSBC tower for £300m loss (Daily Telegraph)
Troubled Spanish property group offers HSBC the chance to buy back their headquarters in Canary Wharf writes Graham Ruddick.
Source: www.telegraph.co.uk

The next cut
For several months of this year, David Blanchflower stood alone on the Bank of England's monetary policy comm...
Source: news.assetz.co.uk