Channel Islands

Consumers demonstrated last month that they were happy to take on new mortgages but concerned to reduce credit card debt, according to official figures published yesterday.

Quintain Estates and Lend Lease have selected Bellway Homes to build the first residential apartments at their £5bn regeneration project to redevelop land surrounding the Millennium Dome.

The parent company of the 97-acre Canary Wharf office development in east London cut losses in the first-half as more tenants moved in.

The trend towards Middle Eastern investors pumping their money into the West had been underlined by the launch of a $400m global property fund set up by Qatar National Bank.

City livery companies yesterday elected John Stuttard as the 679th Lord Mayor of the City of London. His mayoralty to run from 10 November will see him take over from…

Sir Ronald Cohen, one of the founding fathers of the UK private equity industry, is poised to go back into business just one year after quitting Apax Partners, the company…

London’s landmark Gherkin tower is up for sale with an asking price of around £600m. It is understood that Swiss Re, the insurance group that owns the tower, has appointed…

BNP Paribas said its real estate unit has acquired Nazca, the Italian corporate property and facilities management company, for an undisclosed sum.

Countrywide shares strengthened further last night after the UK estate agency chain said it had received a takeover proposals from 3i, the private equity group.

Missed mortgage payments hit the headlines this week when a survey suggested that one in 25 borrowers had missed a payment to their bank or building a society: equivalent to…

There are signs that the domination of the debt funded purchaser that has characterised commercial property in the UK in the recent times is coming to an end, writes The…