Business News
Giving you the latest business information.
Top-end retailers snap up Bond St premises
Upmarket retailers are linked to more than £250m of the acquisition of properties around the prime West End spot as demand for luxury goods grows
Commercial real estate
The yield differential between US commercial real estate and Treasuries is the widest since the financial crisis
How huge houses consume fortunes
Cheap housing, like cheap oil, or cheap food, is good. Huge houses don't preserve fortunes, they consume them, writes John Dizard
Many bright spots forming on infrastructure horizon
Infrastructure sales and investment are surprisingly buoyant in the post-financial crisis period
Rebranded City is not shocked by the new
Peter Rees has done much to help shape the modern financial capital, with a focus as much on the open spaces and sheltered walkways that keep the City humming
New homes data spell declining market
The recovery in house building appears to have halted as an industry survey, which measures the number of people reserving new homes to buy, dropped to its lowest level on record
Audio slideshow: The City's changing skyline
New buildings in the City of London aren't just about height – communal spaces for workers are just as important. Dan Thomas took a guided tour to find out
Suitors line up for Regent Street
The Crown Estate, which controls sovereign land and property in the UK, has drawn up a shortlist of potential investors in its £1.6bn Regent Street estate
Write-offs see Prestbury report £20m loss
Group managed by property entrepreneur Nick Leslau hit by several non-performing investments made outside real estate in pubs, garden centres and in a seafood importer
M&G drops price of property fund units
The Guernsey-based fund shifts from 'creation' to 'cancellation' pricing following 'persistent' redemptions, in a move that will raise questions over sentiment towards real estate assets
First-timers shortage threatens housebuilders
The dwindling levels of potential first-time owners entering the market is a concern for estate agents and could hold up sales higher up the property ladder
Rightmove warns on first-time buyers
The property website said March was its busiest month as prospective house buyers surfed its website for deals, boosting first-half profits by 40%
Regus hopes for recovery in UK business
The serviced office provider said declines at its legacy UK business had plateaued even though squeezed margins in the business helped push the serviced office provider to a first-half loss
Segro in profit as property stabilises
The industrial and distribution property specialist returns to profit as the value of its properties across the continent firm in the first half of the year
Savills boosted by Asian and London demand
The international estate agent bounces to solid profit on the back of recovery in London residential markets and the continued property boom in Asia