Steinhoff, the South African retailer has confirmed it is looking at making an offer for Poundland. In accordance with UK takeover rules, Steinhoff need to confirm its bid by 13 July. Harvey’s, the UK furniture chain is owned by Steinhoff and... Read More
Aseana Properties — the Channel Islands based developer focused on Vietnam and Malaysia — has blamed its deepening half-year losses on “poor Far East trading conditions”. The London Stock Exchange-listed company reported a pretax loss in the... Read More
AXA Real Estate Investment Managers SGP, an affiliate of AXA Real Estate Investment Managers, has announced that the acquisition of 1 Tudor Street, London, on behalf of AXA Selectiv' Immo from Aberdeen Property Trust has been completed in a £59 million... Read More
Investment activity in Europe is strong, leading to falling property yields in a number of markets. The best opportunities for investors at present are in the industrial sector, according to research conducted by DTZ. The recently published Fair... Read More
A controversial £140m shopping and leisure development — sold earlier this year to The Crown Estate — will breath new economic life into East Northamptonshire, an expert has claimed. The Rushden Lakes scheme was approved by Eric Pickles, the... Read More
Business Improvement Districts and enterprise zones are becoming increasingly important aspects of regional growth, with the majority providing the premises and scope for small businesses to expand and thereby contribute strongly towards their local economy.... Read More
With Tesco’s financial issues growing more prominent by each passing quarter, executives have made the decision to cut back on non-essential spending as a means of patching the large black hole discovered in the group’s finances last month. However, it... Read More
Supermarkets are having a very difficult time of late, with the Big Four facing increasing levels of competition from discount rivals such as Aldi and Lidl. As a result of falling sales and plummeting market share, therefore, Sainsbury’s has this week... Read More
