All Property Week articles in 08 April 2005
View all stories from this issue.
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Online
Hammerson buys Kirkcaldy retail park for £75m
Hammerson has bought Fife Central Retail Park in Kirkcaldy for £74.7m from Stannifer.
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Online
CGIS completes £35m double purchase
CGIS Group, the joint venture between City & General and HBOS’s Uberior Investments, has bought £35m of property in two deals.
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Online
DIFA buys stake in Mexico City skyscraper
German pension fund DIFA has bought a 30% stake in the Paul Reichmann-developed Torre Mayor office tower in Mexico City for $US102m (£54.5m)
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InsightOff my trolley
With Somerfield falling into the hands of property tycoons, Sean McAllister explains his own switch from retail to real estate.
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NewsStanhope
Stanhope has won planning consent for the next two buildings on its 16m sq ft (1.5m sq m) Chiswick Park scheme in west London. Six buildings of the planned 12 have been completed. Work on building 5 will now begin, followed by building 4. Both five-storey buildings will be completed ...
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News
Tishman Speyer
Tishman Speyer has paid $1.7bn (£904m) for the MetLife Building at 200 Park Avenue, New York. It outbid real estate investment trust SL Green Realty Corporation, private landlord Joseph Moinian, Macklowe Properties, Reckson Associates and World Trade Center backer Lloyd Goldman. Cushman & Wakefield acted for MetLife.
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InsightReligious revival
The Church Commissioners has bounced back from a disastrous early 1990s to become a top-performing fund.
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Markets
The regeneration renaissancee
New Urban Regeneration Index shows 11% returns in deprived areas
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Professional
Sanderson Weatherall’s rail reappointment
Sanderson Weatherall has been reappointed to manage 1.9m sq ft (175,515 sq m) of offices owned by the former British Rail Estate.
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ProfessionalRadical reforms proposed for RICS’s role as regulator
Carsberg proposals such as conduct committee could take years to implement
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Insight
Retailers should stock up on property teams, too
If you think property is ruthless, take a look at food retailing.
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News
Westfield pulls out at Whitgift
Westfield has pulled out of the contest to buy a £200m stake in Croydon’s Whitgift Shopping Centre.
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News
They’re in the money
Property continues to line the pockets of the UK’s wealthiest people – 198 of the 1,000 in last week’s Sunday Times Rich List 2005 have made their fortune from land and property.
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News
Manchester
Manchester is set for another addition to its skyline with plans for a 44-storey glass tower. The £83m building will be developed next to Piccadilly station by Liverpool-based Albany Assets.
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NewsManchester skyscraper
These are the images of the latest skyscraper to be planned for Manchester.
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ProfessionalThe next move on leases
After a two-year investigation, the government announced last month that it would not ban upward-only rent reviews. But now it wants to ease restrictions on assignment and subletting, which protect property values for landlords but are deeply unpopular with tenants. Officials from the Office of the Deputy Prime Minister want ...
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MarketsTwo of a kind
Two of the county’s biggest business parks are confidently embarking on their next phases of development.
