All Property Week articles in 10 September 2010
View all stories from this issue.
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Housing market in crisis, says Pidgley
Tony Pidgley, chairman of Berkeley Group, said today that the housing market is in a crisis caused by a range of political and economic threats.
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Colliers continues to report losses
Colliers International made a pretax loss of £5.1m in the first half of the year but is expecting to produce a “much improved” performance in the second half.
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PAIFs to become "industry standard" for property funds
The tax advantages of property authorised investment funds (PAIFs) means they are likely to become the industry standard for real estate funds in the future, according to leading real estate professionals speaking at seminar held by Capita Financial Group this week.
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RAF Bentley Priory site to be redeveloped
VSM Estates has been given permission to convert the former RAF Bentley Priory site in Harrow into a museum and residential homes.
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Outlook for private-rented sector is "very tricky"
The outlook for the private rented sector is “very tricky” and institutional investors must be encouraged to invest to ensure it can grow to meet housing tenure demands.
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Redrow chief warns coalition 'localism threatens housing'
Steve Morgan, founder and chairman of top five housebuilder Redrow, today warned the Coalition that its localism agenda was in danger of further slowing down residential development.
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Bootle predicts extended period of falling house prices
Leading economist Roger Bootle kicked off Property Week’s RESI 10 event in Newport today with a sober analysis of a house market that is likely to remain fragile for some time.
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Peel granted planning in Straiton
Peel has been granted planning permission for an extension of Straiton Retail Park in Edinburgh.
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Savills sells former home of Irish Permanent Representation to EU in Brussels
Savills has sold the former offices of the Irish Permanent Representation to the European Union in Brussels.
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Exemplar to redevelop Rio Tinto's St James's Square HQ
Exemplar Properties has joined forces with mining giant Rio Tinto to redevelop the company’s former HQ at 5-6 St James’s Square in London’s West End.
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Occupiers less than 50% satisfied
Occupiers in the UK have rated their level of satisfaction at below 50% and feel landlords need to focus more on customer service.
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Town Centre Securities’ NAV soars
Town Centre Securities, the Leeds-based REIT, increased its net asset value by 33% in the year to 30 June. The jump to 269p a share came after an 11.2% increase in the value of its investment portfolio to £272.5m, of which the 800,000 sq ft Merrion Centre in Leeds accounts ...
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Raft of designer retailers sign up at Spinningfields
Fashion retailers DKNY, Oliver Sweeney, Mulberry, Flannels, LK Bennett, All Saints and Brooks Brothers have all confirmed they will be joining the recently opened Armani store on The Avenue, Spinningfields in Manchester.
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Balfour Beatty establishes Newcastle presence
Balfour Beatty has taken a 10-year lease on the 41,000 sq ft Q14 building at the Quorum Business Park in Newcastle.
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ProLogis secures three European lettings
ProLogis has agreed three lettings in Europe totalling 449,000 sq ft.
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Duchy of Lancaster selects Greycoat for London development
The Duchy of Lancaster has appointed Greycoat as development manager for an office building in London’s Strand.
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Union Investment lets Zurich development ahead of completion
Union Investment has let its new Zurich development, 51 Fifty-One, ahead of completion in one of Switzerland’s biggest lettings of the year.
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Tesco charged with building £7m police station
Tesco has begun construction of a new £7m police station as part of a £200m redevelopment of West Bromwich town centre.
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UBS fills the Rex Building
UBS Triton has let the last remaining office space at The Rex Building on Queen Street in London to Gartmore Investment Management.
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Axing RDAs will expose council skills gaps, BPF warns
The British Property Federation has today warned that local authorities lack planning and regeneration skills that will be needed in the wake of regional planning targets and regional development agencies.