Sat, Jul 26, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Developers, Emerging Trends more

Helical upbeat over real estate opportunities

Posted on 05 June 2009

From FT: Helical Bar, the property developer, said it was well placed to take advantage of opportunities in the distressed real estate market in spite of having to wipe a fifth off its net asset value over the past year.

The company, led by chief executive Mike Slade, reported that its net asset value fell 19 per cent to £2.86 in the year to March 2009. This reflected a fall of a quarter in the value of its investment portfolio to £241m ($389m), and a 10 per cent fall in the value of its trading and development portfolio to £256m………Full Article (Subscription Required) : Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031