The poor get poorer while the rich stay rich
The most recent figures from Britain’s Property Rich List 2011 show that the North-South property divide is widening. The figures, released by zoopla.co.uk, showed a phenomenal difference between...
View ArticleMerger creates UK’s largest property adviser
This week saw global commercial real estate firm Jones Lang LaSalle merge with international property consultancy King Sturge, creating the UK’s largest property adviser. Under the terms of the...
View ArticleProminent tycoon folds multimillion pound property business
After declaring real estate an unattractive ‘avenue’ to pursue at the moment, the former right-hand man of the Tchenguiz brothers has shut down his corporate finance and property advisory firm, Three...
View ArticleFormer Manchester United star slashes asking price by £250k
Ex-Manchester United star Phil Neville has lowered the price of his Manchester city centre apartment by a quarter of a million pounds, after struggling to find a buyer. Neville first put the Beetham...
View ArticleExclusivity claim causes £5m property dispute
A property developer has lost a multi-million pound lawsuit as a result of planning to “rip off” a holy order and an heiress over Fawley Court, a High Court judge has ruled. The house, which is thought...
View ArticleThe Great Valuation Debate
After attendig the first AOBP quarterly forum last week it became clear that one topic causing much debate within the bridging industry is the issue of valuations. The topic of valuations, which was...
View ArticleDragon brokers £46m development deal
A TV star from the BBC show Dragons’ Den has brokered a £46 million purchase of a student village in Canterbury, in what amounts to one of the biggest property deals the city has ever seen. After...
View ArticleResidential property fund closes its doors
In just a few weeks subscriptions for a specialist asset manager’s third fund will be closed following the success of the firm’s first two funds. London Central Portfolio (LCP) has closed the doors of...
View ArticleBank boss to lose £63m property empire
A fraudulent bank head will be stripped of over £150 million of assets, including a multi-million pound property empire, after evading British courts over one of the country’s biggest ever civil...
View ArticleMasthaven completes 400m London move
Masthaven Bridging Finance, a leading lender in the bridging industry has due to impressive growth completed the relocation of its HQ offices to Palladium House, Argyll Street, London. Masthaven...
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