erranta Posted September 24, 2005 Share Posted September 24, 2005 Times - Saturday "British Land Co is planning to sell more than 1 billion pounds of property over the next 18 months following a strategic review of its portfolio - The company is also preparing to sell its 300-million-pound RESIDENTIAL PROPERTY portfolio!" Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted September 24, 2005 Share Posted September 24, 2005 Times - Saturday"British Land Co is planning to sell more than 1 billion pounds of property over the next 18 months following a strategic review of its portfolio - The company is also preparing to sell its 300-million-pound RESIDENTIAL PROPERTY portfolio!" <{POST_SNAPBACK}> What is the total value of property in the UK? Won't such a glut on the market have a serious effect on prices? Quote Link to comment Share on other sites More sharing options...
erranta Posted September 24, 2005 Author Share Posted September 24, 2005 What is the total value of property in the UK? Won't such a glut on the market have a serious effect on prices?<{POST_SNAPBACK}> Peanuts! But the BIG Clue is . . . . . . Property PROFESSIONALS sell up - by the £Billion! How many other Billions are to be secretly off-loaded in the coming year? Maybe we should put that question to the ORACLES of Property Investment . . . Kirtsy & Phlippa Quote Link to comment Share on other sites More sharing options...
theChuz Posted September 24, 2005 Share Posted September 24, 2005 (edited) Times - Saturday"British Land Co is planning to sell more than 1 billion pounds of property over the next 18 months following a strategic review of its portfolio - The company is also preparing to sell its 300-million-pound RESIDENTIAL PROPERTY portfolio!" <{POST_SNAPBACK}> Im suprised this thread isnt longer . Its reasonably important. EDITED: cause erranta is having a lazy day http://business.timesonline.co.uk/article/...1794740,00.html Edited September 24, 2005 by theChuz Quote Link to comment Share on other sites More sharing options...
Dames Posted September 24, 2005 Share Posted September 24, 2005 What is the total value of property in the UK? Won't such a glut on the market have a serious effect on prices?<{POST_SNAPBACK}> I think it is about 3-4 £trillion , wether or not that includes commercial I'm not sure. D Quote Link to comment Share on other sites More sharing options...
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