is there any truth in the rumour of 70p?? - sp up right now

excellent bid war ahead get in early imo

note this sentence in the rns - no smoke without fire!!!!! 'The Company is holding discussions with the various parties who have made these approaches'DTZ Holdings PLC
Statement re Possible Offer
RNS Number : 4052G
DTZ Holdings PLC
11 May 2011



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

For Immediate Release

11 May 2011





DTZ Holdings plc ("DTZ") - confirmation of expressions of interest in DTZ's shares and commencement of "offer period"

DTZ (the "Company") notes the recent movement in its share price and confirms that it has received a number of approaches for investment in the Company's shares (including a possible offer for the shares in the Company). The Company is holding discussions with the various parties who have made these approaches.

The discussions are at a very preliminary stage. There can be no certainty that any structure will be progressed or that any offer will be ultimately made.

A further announcement will be made, as appropriate, in due course.



Enquiries

Blythe Weigh Communications
Tel: 0207 138 3204

Paul Weigh
Tim Blythe

auction..

strong buying

DTZ receives takeover approaches11 May 2011 | By Mike Phillips

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DTZ today said it had received several takeover approaches. It put an announcement out on the Stock Exchange after a 14% spike in its share price this morning.

worth a read - things looking good again....

Global property funding gap falls to $202 bln-DTZ

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DTZ Hldgs PLC
DTZ.L
40.00p
+8.00+25.00%2:54pm UTC+0100
Axa SA
AXAF.PA
15.00
+0.08+0.50%2:58pm UTC+0100
Thu May 5, 2011 12:04pm EDT

* Shifts in U.S. mkt help ease debt funding gap by 17 pct

* Insurers to play increasing role in plugging funding gap

* Rump of global funding gap debt held by banks


By Andrew MacDonald

LONDON, May 5 (Reuters) - The global debt funding gap on commercial property for the period 2011-13 shrank 17 percent to $202 billion after the amount of outstanding real estate debt in the United States fell and forecast property prices there rose, research showed.

Property consultancy DTZ (DTZ.L) said much of the drop from $245 billion in November 2010 could be pinned on outstanding U.S. debt falling from $49 billion to zero, driven down by a 6 percent drop in debt and a 9 percent rise in forecast values.

"Partly offsetting this are Japan, France and Ireland which saw increases in their (funding) gaps. But, Japan, the UK, Spain and Ireland continue to have the largest absolute and relative gaps globally," DTZ said in a statement on Thursday.

The debt funding gap is the shortfall between debt needing refinancing and the money available to do so.

DTZ also said there was $403 billion of new equity available for property investment over the next three years, up 7 percent from its estimate in late 2010 and almost twice the funding gap.

"Efforts are now well underway on both the debt and equity side to bridge the shrinking debt funding gap, particularly in Europe," DTZ said.

"Loan provisioning has the potential to cut Europe's debt funding gap by 8 percent to $109 billion from $118 billion. Additional lending capacity to refinance loans is available from 80 billion of new equity available from insurance companies."

Global insurance companies are taking an increasing role in property financing, plugging the gap created by capital adequacy minded banks seeking to limit their exposure to the sector and comply with incoming solvency regulations. [ID:nLDE71R0ZS]

In March, AXA Real Estate, a unit of French insurer AXA (AXAF.PA), said it planned to raise more debt funds to take advantage of a squeeze on European commercial property finance. [ID:nLDE7292FL]

DTZ's research showed the rump of the outstanding debt at end-2010 was owed to banks -- 96 percent in Asia Pacific, 75 percent in Europe and 55 percent in North America.

Outstanding debt linked to commercial mortgage-backed securities (CMBS) accounted for 4 percent of the outstanding debt in Asia Pacific, 6 percent of that in Europe and 22 percent of that in North America, DTZ said.

"This diversity means the lending market is less reliant on just one main source of finance. With life insurers becoming particularly active again and the CMBS market opening up, the refinancing of loans is less of an issue," DTZ said.

At country level, Japan had the largest debt funding gap at $84 billion, up $14 billion since November 2010, followed by the UK at $42 billion, down $12 billion. Spain was ranked third with a $28 billion funding gap, down $5 billion.

The research also showed that in 2011 the UK had a $52 billion refinancing requirement, of which just $39 billion was available. In 2012, the requirement was for $71 billion, with $56 billion available, while in 2013 it was $87 billion, with $73 billion available. (Editing by David Holmes)

hope people got in here yesterday in time

kerrrrrrrrrrrrrrrrrrchinnnnnnnnnnnnnnnggggggggggggggggggggggg lol

Monday 07 November, 2011DTZ Holdings PLC
Update on formal sales process
RNS Number : 5901R
DTZ Holdings PLC
07 November 2011



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION







7 November 2011





DTZ Holdings plc

('DTZ / 'Group' / 'Company')



Update on formal sale process



On 19 October 2011, DTZ announced that it was evaluating preliminary expressions of interest from parties potentially interested in acquiring DTZ by implementing a formal sale process of the company.



That formal sale process is ongoing and has attracted considerable interest in the business which DTZ continues to evaluate.



Based on the valuation of DTZ derived from proposals received to date, however, and, given the level of debt within DTZ, there is minimal value, if any, that may be attributed to the ordinary shares of DTZ, although the exact value is uncertain.



This announcement is not an announcement of a firm intention to make an offer under Rule 2.7 of the Code and there can be no certainty that an offer will be made, nor as to the terms on which any offer will be made

2.85

-18.40 (-86.59%)

this is an absolute shocker - it appears there is now no value in dzt - debts around 67M - value around 7M - the only ray of light is their chinese business - i hope no one caught out here - this company has history of over 200 years one of the first of its kind!! relieved to be out of this already - hope the same applies to others

Will UGL make an offer? They have up to Dec 6


Aussie UGL eyes debt ridden DTZ

Date: Tuesday 08 Nov 2011

LONDON (ShareCast) - DTZ, the property management consultancy that is currently trying to sell itself, has announced Australian firm UGL as its preferred bidder. The news has sent DTZ shares higher although the back story to the deal is not pretty for investors.

The value of DTZ all but evaporated on Monday after the firm admitted its huge debts would mean shareholders would receive virtually nothing from any sale.

As a result of that statement the stock fell 85% yesterday, down 92% on the year. Todays news of a possible tie up with UGL has obviously got some investors hoping to squeeze at least some value from their holdings.

Whether they can or not is an open question as the transaction is by no means a done deal.

As a business proposition, though, the Aussie takeover makes some sense as it would create one of the biggest property servicing companies in the world employing 24,000 people, and operating in 45 countries.

UGL now has until the 6th of December to make a firm offer.

Oh deary - and I thought this was a decent Property co. - that was what I read, but then Dirs are very good at being economic with the truth - the debt positon was no-doubt always there....
....The 2009 dip was nearer the truth, but punters always remember the good times...
These were 8 in 2007.....Yikes!