Agricultural
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Weekend papers: economy drops sharply as downturn deepens
The economy is set to record its sharpest contraction in close to 30 years this week.
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Sector leaders foresee gloomy year for UK market
Leading industry figures warned this week that 2009 would be a painful year for the UK property industry.
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Bank of England cuts interest rates to 1.5%
The Bank of England has cut interest rates by 0.5% to 1.5%.
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Schroders defers launch of Agricultural Land fund
Schroders has deferred the launch of its planned stock-exchange listed Agricultural Land Investment Company because of poor economic and stock market conditions.
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West Midlands agency calls in administrators
Shrewsbury-based Barbers Property Agents have called in Begbies Traynor to act as administrators to the 160 year-old firm.
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Schroders to launch agricultural land fund
Schroders is set to launch a stock-exchange listed agricultural land fund in September.
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Crown Estate navigates troubled waters to deliver profits rise
The Crown Estate said today that it had managed to “navigate the troubled waters” of the credit crunch, reporting a 5.6% increase in profits to more than £210m.
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UK rural property returns soar to 25.7%
UK rural property returns soared to 25.7% in 2007, up from 17.6% the year before, according to figures from IPD.
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Tchenguiz takes slice of UK farmland investor
Property entrepreneur Vincent Tchenguiz is targeting rising prices for British farmland, taking a stake in Braemar UK Agricultural Land ahead of its expected Autumn flotation.
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Mercantile Group buys Humberts for £3.16m
Salah Mussa’s Mercantile Group has bought estate agency Humberts for £3.16m on the same day it went into administration.
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Crown Estate makes Cheshire acquisition
The Crown Estate, the Queen’s property company, has bought the historic Tabley Estate in Knutsford, Cheshire, from the University of Manchester for an undisclosed sum.
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Lyons wants to end rates exemption for farmland and buildings
A little-noticed proposal included in the Lyons review on funding local government last month raised the idea of scrapping the exemption of agricultural land and buildings from local business rates,…