Dtz Share Discussion Threads

[envirovision] 16/12/2010 11:03

Well i understand from some of the deals done that the company is headed down the pan in the long term. I only picked up on it when i saw yesterdays news come up on the news wire so spent 5 minutes looking into its weakness wondering if there may be a recovery at some point.

Had I had any knowledge about this from company from January, it would have been such an obviouse short. Now look 120% + profit could have been had!

I suspect there may be some legs left even at 35 pence but a further 120% from here may be asking to much.

[jdung] 20/8/2010 09:05

trader line show that

[wcjan26] 05/8/2010 16:07

could be in play following AECOM bid for DLE?

[dickbush] 28/7/2010 13:15

AVOID. Sounds about right to me.

[nellie1973] 15/7/2010 08:39

Tipped in newspapers

[dickbush] 13/7/2010 08:29

DTZ acquiring the 20% of DTZ Asset Management Europe it does not own. A fabulous (in the true sense of the word) deal for the French owners of the 20%. There must be better buys than this one.

[johnrxx99] 22/2/2010 06:48

Should help the market to focus on good ews starting to appear.

Boost for UK commercial property

In Categories: Capital markets, M&A, Private equity
Posted at 04:58 by Gwen Robinson

More than £1bn of UK centres will change hands in the next few weeks as investment activity in the UK commercial property sector accelerates to several times its normal level following a sudden influx of money into institutional and retail funds. In the largest deal, Meyer Bergman, the private equity property fund manager, will this week agree to buy a half-share in the Bentall shopping centre in Surrey from Aviva, for about £130m.
See this article online and view or leave comments

[johnrxx99] 10/2/2010 13:16

Holding up quite well and nice and quiet here. The major property co's nav's starting to improve as well.

I remember after the last crash, the German funds came in to buy up the cheap commercial property in London. I wonder who will do it this time. I'm sure the boys in the FE are trying to entice their dollars over to the UK and getting cheaper all the time as the pound sinks.

[johnrxx99] 08/2/2010 10:28

Indeed bought in today but not showing

[johnrxx99] 08/2/2010 10:17

Pensions pile into UK property
Institutional property funds raised more than £3.2bn last quarter, nearly twice the amount collected in the 2006 boom


DTZ should get a chunk of that business - valuation, agency and management.

[cockneyrebel] 11/1/2010 12:02

What's up then?

Bouncing here and Level II showing 5 to 1 volume to the buy side.

News?

CR

[4davo] 04/1/2010 10:15

Good shout, i'll check it out.

[hectorp] 02/1/2010 11:53

Tipped today by Andrew Bell of some Fund.
HAve halved in 4 months... may afford very good value exposure at the new price
to Far Eastern Property?
H.

[maxharry] 29/12/2009 09:29

Alan Steel, director, Alan Steel Asset Management
FTSE 100 prediction: 5800 (5600)

Top share: DTZ Holdings

"A share I'm buying is DTZ Holdings. They are specialists in commercial property management and basically they've got the Far East and developing countries sewn up. It's a cyclical share, and the current share price is a bargain."

[dickbush] 22/12/2009 09:55

Daily Telegraph 21 December. FWIW

UK property black hole threatens banks' lending
Britain is at risk of a mass sell-off of distressed properties that would send values into a double dip and impair the lending ability of banks.

The dire warning is contained in the Bank of England's latest Financial Stability Report, which was published last week.

In the report, the Bank revealed its concerns about potential writedowns on £200bn of loans made to commercial property by major UK banks. It warned of an increasing number of loan defaults given the 44pc fall in the value of shops, offices and warehouses since 2007.

However, the Bank also described how the approach of the lenders to withdrawing from the property sector could jeopardise the economy's recovery. Their exposures are almost six times greater than in the 1990s recession.

Lenders may be forced into selling a wave of properties as the stock of repossessed assets grows, according to the Bank. This could disrupt the supply-and-demand balance and place "significant downward pressure" on recovering property values.

"That would reduce banks' recovery rates and could potentially prompt other banks to sell their assets, leading to further falls in property values," the Bank says in the report.

"This would exacerbate problems for commercial property companies and firms in other sectors that have used property as collateral. If this risk was to materialise, it could leave banks less able to supply credit to the wider economy."

The concern is acknowledged by property bosses, who blame a mass sell-off by the banks of distressed properties for the severity and length of the property crash in the early 1990s.

Lengthy talks have been held between property companies and banks, notably Royal Bank of Scotland and Lloyds, about joint ventures or the sales of properties where the loan has defaulted.

But so far the banks have preferred to keep hold of most of their distressed assets while analysing their worth and planning how to increase their value.

Lenders have avoided repossessions on many facilities where the loan-to-value covenant has been breached because interest payments are still being met. Also, in some instances, lenders have not even demanded the revaluation of properties because the loan is still performing.

However, according to the Bank of England, this policy may have to be reconsidered as declines in rents and increases in the number of empty properties threatens the income of landlords, meaning loans cannot be serviced.

Also, from 2009 to 2013, around £160bn of loans need refinancing, but existing constraints on banks' balance sheets mean they will be reluctant to meet the requirements, potentially sending some companies to the wall.The banks have already taken impairment charges of £10bn in the 18 months to June.

[dickbush] 23/11/2009 15:57

Commercial Property markets may still be in very poor shape but the smart money is starting to buy. Where else can you get 7%.

[verngate] 16/11/2009 14:01

When does the Directors closed period end for this stock?

[gdasinv2] 13/10/2009 08:59

WNER anr AGR is now on ride - very high potential

ASHTENNE INDUSTRIAL FUND ANNOUNCES GBP364 MILLION REFINANCING AND RAISES GBP45
MILLION OF NEW EQUITY
Aviva Investors and Warner Estate, on behalf of the Ashtenne Industrial Fund
("AIF"), have successfully raised GBP45 million of new equity in order to reduce
its senior debt, and refinance its existing facility for a further four years
with Royal Bank of Scotland and the Lloyds Banking Group.
The new equity, issued in the form of convertible loan stock which will convert
to units in the Fund in September 2012 (or earlier at the option of the note
holder), was raised entirely from within the Fund's existing investor base and
was significantly oversubscribed, demonstrating investor confidence in the
future performance of the Fund.

[gconvery] 24/9/2009 18:17

Nice bounce off support, should hopefully continue with more gains tomorrow....

[cockneyrebel] 18/9/2009 11:06

Making new highs today :-)

CR

[cockneyrebel] 17/9/2009 14:45

There you go, gone blue again - all the bad in the price.

COL and CTG up on the back of DTZ statement too.

CR

[cockneyrebel] 17/9/2009 11:06

AGM statement out.

While a few traders are selling out on that I don't think i would be - the price has that statement factored in imo.

Reckon these will bounce again soon - punters will buy the weakness now these have broken out imo.

CR