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Real estate industry

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Earls Court in session

Article Abstract:

The Morris Family Trust have purchased Earls Court and Olympia exhibition centres, London, England, for 183 million pounds sterling. The deal has been backed by Candover. Some 24.5 million pounds in profit was made from the centres in 1998. The company plan to spend 60 million pounds sterling on refurbishing the centres. Owner Andrew Morris suggests the exhibition business is still flourishing. Morris admits he has been approached by several developers interested in undertaking the refurbishment of the site or in some form of redevelopment of part of the site.

Author: Knutt, Elaine
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
Business services, not elsewhere classified, Convention and Trade Show Organizers, Trade Show Management, Mergers, acquisitions and divestments, Exhibition buildings, Company Profile, Trade show management services, Trade show management firms, Morris Family Trust

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Underdogs bite back

Article Abstract:

Several large housing associations in the United Kingdom have decided to invest in the private sector to make money to fund their social housing projects. These companies are changing their method of business so they do not have to wait for subsidies.

Author: Knutt, Elaine
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 2001
Economic aspects, Finance, Housing, Real estate development

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