Who'll measure up?

Article Abstract:

A committee set up by the Investment Property Forum is likely to call for greater standardization in the way the performance of property fund managers is reported and measured. It is likely there will be some difficulties in working out procedures relating to the different areas of operation undertaken by property firms. The scheme will be voluntary but observers point out once a number of fund managers have joined the scheme the others will also have to comply. It has yet to be decided which organisation will ensure the fund managers are honest.

Investment Offices, Investment Companies, Open-End Investment Funds, Standards, United Kingdom, Real estate investment, Real estate investments

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Swan Hill goes solo

Article Abstract:

Higgs and Hill PLC, parent company of Swan Hill Group, plans to sell its construction division worth 292 million pounds sterling, to the Dutch contracting corporation Hollandsche Beton Groep N.V. for 28.5 million pounds sterling. The Swan Hill Group will include a small house building division and will have combined assets of 90 million pounds sterling. Managing director of Swan Hill, Colin Peacock, plans to build on the portfolio and increase investment property to between 40 and 50 million pounds sterling in 1997.

Construction, Construction industry, Planning, Mergers, acquisitions and divestments, Company Profile, Hollandsche Beton Groep N.V., Higgs and Hill PLC, Swan Hill Group

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