Thursday, Jun 07, 2007

Property investors' sentiment down!!

Reuters: UK property firm Vector postpones $3.6 bln IPO

Vector Hospitality said on Wednesday it had postponed its planned $3.6 billion initial public offering due to market conditions. An earlier decision by Spanish property firm Realia to cut the pricing on its IPO by around 20 percent partly cooled the sentiment for the sector.

Posted by confused76 @ 12:08 AM (135 views) Add Comment

3 Comments

1. confused76 said...

Selection of market news below

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=92866
http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=92823&MenuKey=News.Funds

Thursday, June 7, 2007 12:17AM Report Comment
 

2. Confused76 said...

There must be a strong interest about UK property in Bulgaria... go figure!

However, they report "double digit" price drops in the area of York...
http://pr-gb.com/index.php?option=com_content&task=view&id=1298&Itemid=9
Property prices drop in York, says National Homebuyers
The value of property in the city centre has dropped by as much as 13 per cent, the York Press reports, while other parts have seen prices tumble by 12 per cent.
Local estate agents have not appeared overly optimistic about the prospects of York's property market.

Thursday, June 7, 2007 12:19AM Report Comment
 

3. confused76 said...

There must be a strong interest about UK property in Bulgaria... go figure!

However, they report "double digit" price drops in the area of York...
http://pr-gb.com/index.php?option=com_content&task=view&id=1298&Itemid=9
Property prices drop in York, says National Homebuyers
The value of property in the city centre has dropped by as much as 13 per cent, the York Press reports, while other parts have seen prices tumble by 12 per cent.
Local estate agents have not appeared overly optimistic about the prospects of York's property market.

Thursday, June 7, 2007 12:20AM Report Comment
 

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