Qualified advisers answering your
Financial Questions
call 0800 092 1245

Is the property sector turning?

News that a consortium of Indian and Gulf investors may well be looking at a takeover of British Land has prompted many analysts and investors to revisit the property sector. While the reports are as yet unconfirmed, the sharp spike in the British Land share price over the last two days would indicate that potentially there could be something on the cards.

The consortium is said to have approached Credit Suisse regarding advice on a potential offer for the U.K.'s second largest property company with a £10 billion price tag having been placed upon the business. Even though there have been signs of late that the alarming fall in the UK property sector had begun to slow and potentially turn around, there are some who believe that this easing of the pressure may be temporary and further downside may be on the cards.

However, there is no doubt that the British Land share price, as with many other leading property companies in the UK, has been hit very hard by the struggling retail sector. The loss of tenants in various shopping centres up and down the country has impacted upon rental income and ultimately seen property values plummet. Whether this potential takeover is well timed remains to be seen but many people are showing more interest in the UK property sector.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details