Hercules begins to reveal its strength

Article Abstract:

Hercules Property is quoted on the United Kingdom Alternative Investment Market where it is a strong performer. The company has seen a rise in its stock price since it was demerged from Safeland. The residential investment market provides much of Hercules' turnover, and is not affected by business cycles. Hercules is also involved in more cyclical commercial real estate, and in real estate insurance through Heritage, an intermediary in this activity. Hercules' pre-tax profit is forecast at 1.83 million pounds sterling for 1997 to 1998 by Raphael Zorn Hemsley.

Hercules Property

---

Moorfield buoyed up by innovative ideals

Article Abstract:

Moorfield Estates in a UK real estate investor which expanded through buying industrial, office and retail assets in 1994 including a retail park in Lowestoft, England. The company is also developing motion picture theater complexes with UCI, a motion picture theater operator, and plans a warehouse development in Teesside, England. Debts have risen but earnings cover interest payments and speculative projects have been avoided. The company is a possible target for bids due to the attractions of its portfolio.

Moorfield Estates PLC

---

Shift to renting

Article Abstract:

City North is a real estate company which buys sites in central London, England, to be developed rented out to younger tenants. There has been a trend toward living in rented accommodation among people aged less than 30-years-old, who have been affected by rising housing prices. There is also a demand for apartments in central London in order to avoid commuting. The company has maintained occupancy levels at 98% since it carried out a stock flotation. City North plans to expand its real estate portfolio.

City North

Similar abstracts:

• Abstracts: Acquisitions to follow radical shift. Yule Catto. BTP
• Abstracts: Vocalis: more deals on the way. Blick
• Abstracts: How to cash in on the movies. Profit record shattered. Canal Plus: Hollywood dreams fade
• Abstracts: Behind the bottom line. Tax warning. Can't figure it out
• Abstracts: Campbell and Armstrong: better times ahead. Campbell and Armstrong: crisis for shopfitters. Eve: contract killing

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.