Tag Archive | "MWB"
Serviced-office outfits open new space amid financial turmoil
The growing specter of recession in the US may have caused developers and investors in the UK to abandon their expansion plans, but it has had the opposite effect on serviced office providers. Instead, they are trawling for office space in the City of London and Canary Wharf in anticipation that the US banks and other [...]
Continue reading...Flexi Time - Serviced office providers are seeking to exploit the credit crunch
Thursday, February 21, 2008
The growing spectre of recession in the US may have caused developers and investors in the UK to abandon their expansion plans, but it has had the opposite effect on serviced office providers. Instead they are trawling for office space in the City of London and Canary Wharf in anticipation that the US banks and other [...]
Continue reading...MWB set to restructure and pay out £161m
Tuesday, February 19, 2008
Marylebone Warwick Balfour has announced a capital restructure ahead of the group’s eventual winding up. The proposal, part of an objective set out in 2002, is to return £161m to shareholders through the sale of assets over the course of the year. It includes the creation of MWB Group holdings, which will actually be the new holding [...]
Continue reading...Future rosy for 2008, says Balfour-Lynn
Monday, January 28, 2008
Despite credit crunch, MWB’s shares jump 4% amid ‘excellent’ trading. Marylebone Warwick Balfour said its outlook for 2008 was ‘extremely positive’, despite the current credit crunch and uncertainty over consumer spending. The hotel, serviced offices and retail group’s shares jumped more than 4% to 188p last Thursday after it issued an upbeat trading statement in advance of [...]
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Friday, March 28, 2008
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