Tag Archives: london
Doing Business in The East African Community
Doing Business in The East African Community Watch KTN Streaming LIVE from Kenya 24/7 on http://www.ktnkenya.tv Follow us on http://www.twitter.com/ktnkenya … Continue reading
London Commercial Property Investment Tops Rest Of UK In 2012
LONDON | Tue Apr 30, 2013 7:12pm EDT (Reuters) – More money was invested in shops and offices in central London than the rest of Britain combined last year, a regular report by property consultancy DTZ showed on Wednesday. Some 16.1 billion pounds ($24.9 billion) was invested in the center of the capital in 2012 versus 10.9 billion a year earlier and a total of 32 billion pounds for the country as a whole. Britain’s property market is still suffering from the fallout of the 2008 financial crisis and the economy as a whole is struggling to eke out growth, hit by a fall in consumer confidence and the biggest cuts in public spending since the second world war. The 30.4 billion pounds invested in commercial property in 2011 compares to a peak of around 50 billion in 2005. “There was a lot of risk in 2012, a lot of people were concerned about what was going on in Europe and at such times people tend to look at the larger, more liquid markets ,” said DTZ’s Head of UK Research, Ben Burston. “There has always been a distinction in pricing between London and key centers in the UK, that became more acute last year,” he said, adding that this trend has given rise to attractively priced opportunities in the regions. (Reporting by Brenda Goh; editing by Patrick Graham) Continue reading
All Asia Asset Capital joins AIM
02/05/2013 Harriet Russell The company is focused on South East Asia All Asia Asset Capital, an investment company focused on investing in the growing markets of Southeast Asia joined London’s junior market today. Allenby Capital is acting as nominated adviser and broker. The company has raised approximately £3.6 million following the issue of 119 million new shares. The net proceeds, which are expected to amount to approximately £3.3 million, will primarily be used to identify, evaluate and select suitable investment opportunities. The investment objective of All Asia is to invest in a portfolio of companies with at least the majority of their operations in Southeast Asia with an expected initial focus on Malaysia, Thailand, Indonesia and Burma. The directors intend to invest in companies that operate in industries with ‘high growth potential’ including, but not limited to agriculture, forestry and plantations, mining, natural resources, property and technology. Whilst the directors have not yet carried out any due diligence on any investment opportunities or entered into any discussions or agreements, examples of potential investment opportunities include an investment in a plant in Indonesia that processes sweet potatoes into starch for use in processed foods and an investment in a greenhouse farming operation in Indonesia that intends to acquire land and expand production of sweet melon to a target yield of 1,125 metric tonnes per annum. The year-on-year real GDP growth in Southeast Asia, represented by the ASEAN countries, is projected by the International Monetary Fund to reach an average of 5.5 per cent in 2013 (compared to 1 per cent in the UK and 2 per cent in the USA). The chief executive is Sri Hartati Kurniawan, who between 2007 and 2012 held senior management positions in RCG Holdings, another company listed on AIM. Shares in All Asia Asset Capital were trading at 3.6p this morning. Continue reading
