Investment funds give thumbs up to property

Article Abstract:

Investment funds invested 224 million pounds sterling in property in the UK in the first half of 1996, compared with only 12 million pounds sterling in the year-earlier period. The sector has been boosted by fund managers, especially those responsible for pension funds, looking to re-position themselves in anticipation of rising tenant demand and rental levels. Net investment by pension funds has risen from 11 million pounds sterling to 43 million pounds sterling.

Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Investment Offices, Investment Companies, Open-End Investment Funds, Investments, Mutual funds

---

Analysts give thumbs-up to smaller property firms

Article Abstract:

Large property companies are likely to see difficulties on the stock market over the next few years, but smaller companies will enjoy strong performance. A recent report indicates that the property stocks with the most potential will be those of Chelsfield, Argent, Frogmore, Burford and Pillar. These will perform well because their size makes it possible for entrepreneurs to add a lot to net asset value.

---

Quintain aims for July flotation

Article Abstract:

Cazenove and Lazards are advising on plans for a public placing for 86 million pounds sterling property developer Quintain Estates and Development. This is set to take place in Jul 1996, and the company will have a capitalisation of around 50 million pounds sterling. Institutions currently hold around 85% of its equity, with a third being held by Scottish Equitable alone.

Planning, Quintain Estates and Development

Similar abstracts:

• Abstracts: Investors' perspective: the future of the lodging industry. Making a case for independent hotel operation. Investors demand better hotel management contracts
• Abstracts: Real estate alliances: from anger to acceptance. Cigna's infrastructure integration: remaking the corporation
• Abstracts: On the superhighway. A wealth of speculation
• Abstracts: Trading spaces. Sitting on the fast track to Europe. Survival of the fittest
• Abstracts: Last piece of Broadgate finally clicks into place. Pillar pounces on Cannon Bridge in first City buy. Greycoat moves in on its next City office project

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