Tag: finance



EverBank to Buy Business Property Lending for One Billion Dollars Cash

Posted on 8 July, 2012 by Jodee Redmond under Worldwide Property News

EverBank Financial Corporation, the Jacksonville, Florida-based financial institution which went public earlier this year, has announced it has agreed to buy Business Property Lending for $2.41 billion (£1.5 billion) in cash.... Read More

Mercantile Capital Corporation Financed Record Number of Commercial Real Estate Deals in May

Posted on 1 July, 2012 by Jodee Redmond under Worldwide Property News

Mercantile Capital Corporation, one of the leading providers of U.S. Small Business Administration 504 loan programme has reported a record number of loans in May of 2012.... Read More

Breaking News: New Look Announces Full Year Results

Posted on 25 June, 2012 by Neil Bird under Business News

New Look today posted its full year results revealing its commercial properties have made good progress through against the backdrop of difficult economic conditions and lack of footfall on the high street.... Read More

Insurance Companies Offering Loans to Commercial Property Owners After Banks Retreat

Posted on 14 June, 2012 by Jodee Redmond under Economy, Industry News

Insurance companies are seizing the opportunity to offer loans on commercial properties. This comes in the wake of more traditional lenders either scaling back their commercial interests or deciding to stop offering this type of financing completely... Read More

Commercial Property Gym Company Fitness First in Debt Deal

Posted on 11 June, 2012 by MOVEHUT under Business News, Commercial Sales and Lets, Economy, Industry News

The country’s largest commercial property gym company is set to shed almost half of its sites as it attempts to avoid falling into administration.... Read More

HMV Sells Iconic Music Commercial Property to Recoup Financial Losses

Posted on 9 June, 2012 by MOVEHUT under Business News, Commercial Sales and Lets, Economy, Industry News

After just two years of ownership, HMV has sold iconic music commercial property, The Hammersmith Apollo to music entertainment network Stage C for a price tag of £32 million.... Read More

University Warns of Upcoming UK Commercial Property Refinancing Crisis

Posted on 8 June, 2012 by Jodee Redmond under Economy, Industry News

Commercial property investors in the UK should take note of the results of a survey conducted by De Montfort University in Leicester, who are predicting that they may be unable to refinance up to £100 billion of loans in the wake of the ongoing European debt... Read More

Ryanair Records Highest Ever Profits

Posted on 26 May, 2012 by Kirsten Kennedy under Business News, Economy, Industry News

Commercial airline company Ryanair has released figures showing an all time record profit for the company in the last financial year.... Read More

Could Your Commercial Property Save the Economy?

Posted on 17 April, 2012 by Kirsten Kennedy under Business News, Economy, Industry News

The Ernst and Young Item Club has today revealed the economic forecast for the UK is unlikely to improve this year.... Read More

Fears over Commercial Property Closures as GAME Appoints Administrators

Posted on 27 March, 2012 by MOVEHUT under Business News, Economy, Industry News

Struggling Game Group, the owners of GAME and Gamestation, have appointed PricewaterhouseCoopers (PwC) as administrators to act on the group’s behalf.... Read More