Commercial market falters
Commercial market falters
- 1990
- Financial Times 6/2/90 p1&26(2) .
Reports on three recent events in the commercial property sector: the launch by Rosehaugh of a massively discounted rights issue in order to raise new equity; a hostile bid for Laing Properties by P & O Steam Navigation Company and Chelsfield and the calling in of receivers by the construction company J M Jones and considers their implications for the market.
ACQUISITIONS
BANKRUPTCY
BRADMAN
INVESTMENT
PROPERTY COMPANIES
RECESSION
SLUMP
Reports on three recent events in the commercial property sector: the launch by Rosehaugh of a massively discounted rights issue in order to raise new equity; a hostile bid for Laing Properties by P & O Steam Navigation Company and Chelsfield and the calling in of receivers by the construction company J M Jones and considers their implications for the market.
ACQUISITIONS
BANKRUPTCY
BRADMAN
INVESTMENT
PROPERTY COMPANIES
RECESSION
SLUMP