Telegraph construction
The latest news, analysis and share prices on Britain's biggest construction and property companies, including Land Securities, British Land and Taylor Wimpey.
Updated: 9 sec ago
Housing market to stay flat until 2013
The UK will see sluggish house price growth over the coming years according to
the Centre for Economics and Business Research, as the Bank of England's
Monetary Policy Committee prepares to leave interest rates on hold this week.
Categories: Construction
Real estate 'biggest loser in recession'
Real estate and the hotel and restaurant industry were among the biggest
casualties of the recession, according to research, with experts warning
that there could be more pain to come.
Categories: Construction
Claridge's hotel owner looks to US private equity for help
The owner of Claridge's and The Connaught is close to finalising an emergency
£600m restructuring that will see the private US property manager Westbrook
Partners become a leading investor in the prestigous hotels group.
Categories: Construction
Travis Perkins resumes dividend after two-year absence
Travis Perkins, the builder's merchant that owns Wickes and BSS, has resumed
dividend payments to shareholders after profits jumped during the first half
of the year.
Categories: Construction
Derwent London re-enters commercial property market
Property group Derwent London has re-entered the commercial property market
for the first time in three years with the £147m acquisition of an office
building on London's Tottenham Court Road.
Categories: Construction
Norwegian sovereign fund eyes a stake in Regent Street
Norway's sovereign wealth fund is in the running to buy a stake in Regent
Street, one of the world's most famous shopping destinations and a prized
asset of the Crown Estate, The Daily Telegraph understands.
Categories: Construction
Tchenguiz company remains in the red
Robert Tchenguiz, the colourful entrepreneur who built huge stakes in
Sainsbury's and Mitchells & Butlers prior to the credit crunch, has
recorded a second straight year of losses at his principal company R20.
Categories: Construction
Property tycoon who bought a £43m 'Little Britain' jailed
A British property tycoon who bought a £43million Dubai island in the shape of
Great Britain has been jailed for seven years for writing cheques that
bounced.
Categories: Construction
Development Secs asks investors for £100m to grasp 'opportunities
Property group leading the redevelopment of Paddington in London calls for
£100.2m from shareholders to target development opportunities.
Categories: Construction
Watch out, the great £50bn property unload is about to begin
Banks are ready to purge unwanted commercial property from their balance
sheets as part of the normal boom and bust cycle - only this time around the
world has changed.
Categories: Construction
Land Securities revives £350m Trinity Leeds shopping centre
Land Securities on Wednesday pushed the button on the first major retail
development since the onset of the recession despite new warnings that a
recovery in the commercial property market is slowing.
Categories: Construction
Housing market suffers in UK, US
There was bad news for home sellers on both sides of the Atlantic on Monday.
Categories: Construction
London Hippodrome to become 24-hour casino after Simon Thomas' £30m refit
When Simon Thomas reopens the London Hippodrome next year, more than a century
after its first performance, he will have a tough act to follow.
Categories: Construction
Dubai emerges from a sea of troubles
The playground of the rich is getting back on its feet, but still haunted by
the spectre of debt
Categories: Construction
House prices 'to crash 20pc by 2012' as Budget bites, says Capital Economics
House prices will crash more than 20pc in two years due to Government cuts,
tax rises and a surge in unemployment, says leading economic forecaster.
Categories: Construction
Nathan Kirsh says he 'no desire to control' Minerva
Nathan Kirsh, the South African tycoon, has accused Minerva of a lack of
financial disclosure and claimed he has "no desire to obtain control"
of the property company.
Categories: Construction
Queen set to sell part of prized Regent Street
The Crown Estate has opened "exploratory discussions" with potential
investors about selling a minority stake in Regent Street, one of the
world's most famous shopping destinations and a prized asset of the Queen.
Categories: Construction
MCC names shortlist to redevelop Lord's Cricket Ground
Duke of Westminster's property company and Almacantar in the running to lead
redevelopment of Lord's cricket ground.
Categories: Construction
DTZ cost cutting slashes losses
Recovering commercial property markets in the UK and Asia have helped property
agent DTZ to sharply cut annual losses.
Categories: Construction
The Bottom Line: A political masterclass in negotiation
"Some expert politicking and negotiation on the part of Nick Clegg and his team resulted in the new coalition government. Reed Finance's Lynsey Rattigan advises on how to brush up on your own workplace bargaining tactics to your career advantage."