Monthly Archives: July 2011

Island for sale – for Sully money

Posted on by Listify Me
What makes somebody want to own an island? "It's the sort of place that's on people's wishlists alongside a villa in the south of France and a chalet in the Alps," says William Jackson, an estate agent with CKD Galbraith, which sells around three or four Scottish islands every year. "They offer all sorts of things. People may buy them because they are interested in sports – fishing and stalking – or because it's just a beautiful situation."The latest on the market is the 14.5-acre Sully Read more [...]

‘Rough boroughs’ of space listed

Posted on by Listify Me
12 July 2011 Last updated at 09:22 GMT By Jason Palmer Science and technology reporter, BBC News Fermi spotted that the Crab Nebula, once thought to be constant, flares violently with gamma rays The catalogue that lists the most violent neighbourhoods in the Universe has been updated. The Fermi space telescope captures gamma rays - Read more [...]

Martin Warner builds momentum at Michelmersh Brick

Posted on by Listify Me
When Martin Warner brought Michelmersh Brick (LON:MBH) to the Alternative Investment Market in 2004, he had already built the business into the largest producer of handmade bricks in the UK. Since starting the business in the late 1990s, Warner and Chairman Eric Gadsden have built a portfolio of niche players supplying local markets and now oversee a group that owns most of the top-end brick makers in the country. Indeed, it was one of Michelmersh’s Read more [...]

Cairn Energy sells 10% in Indian unit to Vedanta

Posted on by Listify Me
Cairn Energy has sold a 10 per cent stake in Cairn India to Vedanta Resources for $1.3 billion. The sale of 191.9 million shares of the India assets took place on Monday, leaving Edinburgh-based Cairn Energy with a 52.2 per cent stake, and giving London-listed Vedanta Resources an aggregate 28.5 per cent stake. The sale and purchase of a further 30 per cent of the share capital remained subject to approval by the Indian government, said Cairn. Cairn Energy has remained circumspect about Read more [...]

List of ‘red flagged’ firms includes NYSE-listed LDK Solar

Posted on by Listify Me
By Chris Oliver, MarketWatch HONG KONG (MarketWatch) — Moody’s Investors Service on Tuesday identified “red flags” involving accounting, governance and other issues at several Chinese companies, with the report sparking a record share-price drop in one company mentioned and big declines in several others. Moody’s said it had undertaken a screen of 61 non-financial Read more [...]

Real estate PE funds not for retail investors

Posted on by Listify Me
If you had invested in one of builder projects in Greater Noida that are in a jeopardy after the Supreme Court judgement establishing the farmers’ rights on the disputed land, your entire money may be at risk. Real estate funds are vehicles that give you exposure to the sector without the risk of one property going bad. Also See | Building Blocks (PDF)In the absence of real estate investment trusts (Reits) or real estate mutual funds (REMF), what we have in this space is privately sold products, Read more [...]

St. Ronan’s Border Games – Scotland’s record breaking athletics event

Posted on by Listify Me
The St Ronan's Games of 1860. Pic: © Keith Belleville With less than a year to go until the Olympic Games kick off in London, and only three years until the Commonwealth Games arrive in Glasgow, there has rarely been a more exciting time to be involved in Scottish athletics. With millions of hopeful fans all vying for a handful of tickets, not everybody is going to get the chance to experience the Games for themselves. But for anyone desperate to experience athletics history in the making there Read more [...]

Commerce Park in Bridgeport listed for $13.7M

Posted on by Listify Me
A Main Street Bridgeport medical office park has been listed for sale at $13.7 million. Stamford-based Cushman Wakefield won the listing of the four-building Commerce Park complex at 4675 Main St. "Commerce Park represents a strong income stream secured by long-term leases in a well-established property," Kate Schwartz, a Cushman associate, said in a press release. Demand for medical space both new and existing remains fairly robust in this economy. "If there is any area or sector, from Read more [...]

IPOs: pausing for breath

Posted on by Listify Me
What goes up, must come down – at least a bit. And so it is with initial public offerings. After a bumper 2010 in which issuers in Brazil, China (including Hong Kong), India, South Korea and Russia raised a combined $153.7bn – or more than twice the $74.4bn raised in 2009 - the dash for new share issues from emerging markets appears to be losing steam. Even as the overall volume of global IPO climbed 14 per cent during the first half of the year to hit $114bn, the amount raised from these Read more [...]