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Real estate harvests a bumper crop of cash

Article Abstract:

The inflow of money into the UK commercial property market in 1999 is unlikely to be as large in 1999 as in 1998, when the market attracted 14 billion pounds sterling of new money, according to the 'Money into Property' annual survey from DTZ. The commercial property market is forecast to attract 12 billion pounds sterling of new money in 1999, with lenders having become more cautious about development, especially speculative schemes. Overseas investors remain a significant source of liquidity in the UK market.

Author: Catalano, Alex
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999

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LaSalle seeking $300m for US property funds

Article Abstract:

Fund manager LaSalle Partners is bringing together a portfolio of quoted property securities with the aim of gaining access to the expanding indirect market. It is setting up the LaSalle US Public Real Estate Securities Fund, which will invest in Real Estate Investment Trust stocks and the shares of US quoted property companies. It is also establishing the US Realty Income and Growth Fund, a fund of $150-250 million to purchase real estate directly.

Author: Catalano, Alex
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1995
Investment Companies, Open-End Investment Funds, Jones Lang LaSalle Inc.

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The cash keeps on coming

Article Abstract:

A net 18 billion pounds sterling entered the UK commercial property sector in 1999, with lending to property firms increasing by 16% to a record 65 billion pounds sterling. However, property companies' shares have largely underperformed the equities market.

Author: Catalano, Alex
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 2000

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Subjects list: Investments, Real estate industry, Real estate
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