Troubled property services group Erinaceous fell 20% to 1.8p after saying that it still hadn't secured a solution to its funding problems.

International property advisers Savills has reported a rise in pre-tax profit for the year to 31 December 2007 to £85.9 million from £84.4 million a year earlier.

Housebuilder Barratt Developments has reported higher visitors levels to its properties since the new year but the number of purchases is falling.

Real estate firm Humberts Group has slipped into the red and is in potential takeover talks.

Property investor Warner Estate has seen the value of its assets fall by 3% since September but has increased rental income.

Barratt Developments said it continued to trade 'satisfactorily' in the first half, with prices holding up and costs reduced.

Two directors blamed for the near collapse of property services group Erinaceous have resigned after pressure from rebel shareholders.

Architect Aukett Fitzroy Robinson has abandoned plans to merge with quoted rival SMC. It failed to agree on terms first proposed in August.