Elephant-sized profits in store

Article Abstract:

UK Land should benefit from Elephant and Castle, London, England, being redeveloped, since this should push up the value of UK Land's shopping center at Elephant and Castle. A developer is not scheduled to be selected until spring 2000. The site could be sold to the developer and a sum as high as 30 million pounds sterling could be achieved. UK Land has seen a rise in its stock price, and the price could rise further, though delays with local government permission could affect the time scale of benefits from redevelopment of Elephant and Castle.

UK Land PLC

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Fletcher King

Article Abstract:

Fletcher King has a strong cash balance and yield, and should benefit from buoyant trading conditions, though the company's relatively small size means that it has been neglected by institutional investors.

Fletcher King PLC

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Liberty International

Article Abstract:

Liberty International is a real estate company that could be a bid target for British Land, and which has a strong British portfolio in London and through its shopping centers.

Liberty International

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