A tighter fist

Article Abstract:

Some UK bankers are becoming more wary about making loans to the property market and have restricted the amount they are willing to lend on vacant property to around 50% from 70%-75%. Some observers have pointed out banks are not so willing to lend money if the margins on a deal are low. The UK property market has not been largely affected by the instability in the global financial markets due to their practice of obtains bank loans. US property markets have faced some difficulty as loans were made through bonds which have been affected by the Russian economic crisis.

United Kingdom, United States, Banking industry, Finance

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Bigger needn't mean better

Article Abstract:

Many property coampnies wishing to expand into countries outside their home markets have realised they may need to acquire other property companies in order to attract sufficient investment. Some observers point out companies should specialize rather than collect various disparate firms. A number of property companies have undertaken joint ventures to further their pan-European expansion plans. Many investors seem reluctant to invest in pan-European property firms. European City Estates failure to find sufficient investors has led to it being put up for sale.

Analysis, Management, Europe, Economic aspects, Investments

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Riverside ripples

Article Abstract:

The 105 million pounds sterling Nomura are paying for the Millenium Dome includes 63 acres of land, some of which they plan to redevelop. Nomura, operating as Dome Europe, have yet to submit their plans to the local planning authorities.

Planning, Buildings and facilities, Real estate development, Greenwich, England, Nomura

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