Thornton at the controls

Article Abstract:

Property lessors Greycoat PLC's directors achieved a management buyout of the company in May 1999 with a 260-pence share offer. Investment fund Mercury Asset Management backed the 282-million-pounds-sterling buyout with an investment of 100 million pounds sterling. The company had been having problems since the property crash of the early 1990s and a number of outside parties had shown an interest in its management, notably James Ritblat's Delancey Estates which acquired shares with a 242-pence share offer.

Lessors of Real Estate, Real Estate Operators and Lessors, Real Property Lessors, Landlords, Greycoat PLC

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Property outpaces overall market

Article Abstract:

Issues are presented concerning the strong performance of the property sector in the stock market in May 2001. Statistics detailing the performance of the top ten rising stocks and the top ten falling stocks are included.

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Sector's shares play catch-up

Article Abstract:

Issues are presented concerning the performance of securities in the real estate industry. The 10 best and worst performing securities, and the performance of the market sector are discussed.

Real estate, Real property

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