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| Articles by tug search |
111. Safestore slips to a loss in a difficult trading year
February 16, 2010
Safestore Holdings, the UK's largest self storage group, said today that it's FY2009 sales were £84.4 million (2008 £82.9million), but that LFL sales were down by £0.3 million or 0.4%, and reported a pretax loss of £9.42 million compared with a profit of £14.93 million in 2008. This figure was boost...
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112. New Look announce IPO to fund 40% further floor space expansion in UK in next 5 years
February 16, 2010
New Look Group Plc, the U.K. women’s budget fashion chain that was taken private in 2004, today launched its long-awaited initial public offering (IPO) to raise £650 million.
The firm says it wants to cut its debts and free it up to invest in opening new stores in Britain and abroad, as well...
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113. Carpetright continues to gain through Q3
February 16, 2010
Carpetright, the UK's biggest floor coverings retailer, today said that it's Q3 sales were a third straight quarter of increased sales, boosted by rising activity in the housing market and business gains from troubled rival Allied Carpets.
Sales at stores in the UK and Ireland open more tha...
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114. Blackrock take entire Drapers Gardens development at £49 psf for 25 years in boost to City office market
February 16, 2010
BlackRock, the New York-based investment manager, has boosted the City office market by taking a lease on the whole of the 300,000 sq ft Drapers Gardens development, for a term of 25 years at a rent of £49 per sq ft on the office accommodation with a rent free period of 36 months. The rent is subje...
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115. Banco Santander report FY profits of €8.9 billion with strong support from UK operations
February 16, 2010
As the bank reporting season opens, Santander UK today announced profits up over 30% to £1.536 billion ( €1.726 billion ) as it contributed heavily to parent Banco Santander FY profits of €8.943 billion, which were up only 1%.
Emilio Botín, Chairman of Banco Santander, said: "Considering the...
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116. St Modwen make £98 million loss due to revaluation and pass FY dividend for 2009
February 16, 2010
St. Modwen Properties Plc, the property regeneration specialist, today posted a wider fiscal 2009 pretax loss of £97.7 million as property values continued to feel the strain, but said it was confident of returning to profit in 2010 as markets improve.
For the year ended Nov. 30, St. Modwen ...
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117. British Land Q3 NAV up 18% as portfolio value increases by 8.2% in the quarter
February 16, 2010
British Land posted an 18% rise in third-quarter net asset value (NAV) today, providing ballast to a rebounding UK property market still haunted by worries over loan defaults and tenant failures.
The blue chip investor, one of London's largest office landlords, said its NAV rose to 438 penc...
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118. Grainger digest rights cash and pick up the pace of activity again
February 16, 2010
Grainger Plc, the UK's largest quoted residential property owner, today said in a statement covering its activities for the four months to 31 January 2010, that it's trading pipeline of residential sales had increased to £83.9million (31 January 2009: £58.9million)
It completed it's 2 for 1...
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119. Galliford Try buy out BoS joint venture stake for nominal sum to boost landbank
February 16, 2010
Galliford Try plc, the housebuilding and construction group, said today that it had entered into agreements to acquire the 50% interest held by Bank of Scotland in its joint ventures undertaking residential development in the London area, taking Galliford Try's ownership to 100%, for a nominal sum. ...
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120. Barclays report £11billion pre-tax profits for 2009 but UK retail banking profits are down
February 16, 2010
Barclays said today that its net profit for 2009 more than doubled, helped by a £6.33 billion gain from an asset sale and profits from Barclays Capital, but bad-debt charges weighed on the results, which still beat analysts expectations, with pre-tax profit of over £11 billion, which will possibly b...
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