Hints and tips:
...“The whole point of what we’ve done with Gladedale is reinventing the business,” adds Mr Lewis....
...Avant Homes, formerly known as Gladedale and a high-profile casualty of the downturn, is being sold in slimmed-down form....
...It is preparing to sell Avant Homes, formerly called Gladedale, for about £200m....
...Rothschild has also been appointed to explore the sale of Dunfermline-based Avant Homes, the private housebuilder formerly known as Gladedale, whose main lender is Lloyds and in which the UK bank holds a...
...The IPO of Foxtons is also being closely watched by other owners of property-related companies, such as Gladedale, the housebuilder, as an indicator of investor appetite for property exposure....
...Housebuilders, such as Crest, Gladedale, McCarthy & Stone and Countryside, which between them operate under almost £2bn of debt, are adjusting to the complex dynamics of lender relationships....
...The terms of the deal, which were set out late last year, are similar to those involved in re-financing of Gladedale, the housebuilder, in September....
...Another issue for the largely bank-owned housebuilders, which include Gladedale and Countryside, is that management incentives can quickly lose their allure....
...Gladedale Homes will on Friday announce a debt-for-equity swap with Lloyds Banking Group....
...Yesterday’s restructuring of indebted Gladedale will leave Lloyds with the bulk of the preference shares in the builder....
...Tim Redburn, brought in as Gladedale executive chairman earlier this year, said the restructuring should be enough to turn it from prey to predator. Lloyds declined to comment....
...subsidiaries of Jonathan Milne’s over-extended FM development group have been put into administration since February, while the empires of property tycoons John Kennedy (Kenmore Property Group), Remo Dipre (Gladedale...
...But developer Gladedale Group saw the potential and enlisted the aid of the Prince’s Regeneration Trust to advise on the rebuilding....
...Developers Gladedale Group, www.gladedale.com Redrow, tel: +44 (0)1827-260 600, www.redrow.co.uk...
...Quartermile is a joint venture between the privately-owned property company Gladedale and Bank of Scotland....
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