All Property Week articles in 12 February 2010
View all stories from this issue.
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H&M expands on Oxford Street
Swedish retailer H M has expanded its store at UK House on Oxford Street from 25,000 sq ft to 40,000 sq ft.
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Mortgage lending hits ten-year low in January
Mortgage lending in January declined to its lowest point in ten years last month, figures from the Council of Mortgage Lenders (CML) have shown.
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Simon pours heat on General Growth
Mall giant Simon Property Group Inc. warned General Growth Properties Inc. late Wednesday that Simon might drop its $10bn takeover bid for the company or go hostile if General Growth didn't come to the bargaining table soon.
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Affordable housing 'should be top Indian priority'
The Sahara India group has said that the pent-up demand for affordable housing in the country should be given top priority.
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Mecca land prices top $133,000 per sq m
The expansion of the Grand Mosque in Mecca is sending land prices soaring, with a single square metre of land costing as much as $133,000, according to a local newspaper.
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Halfords plans expansion following £73.2m car maintenance firm buy
Halfords is planning a major expansion in the car maintenance industry after buying a car servicing firm with 224 UK outlets for £73.2m.
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Telford Homes proposes £7.2m capital raising
East London housebuilder Telford Homes is proposing a £7.2m capital raising in order to progress its development pipeline.
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Briton extradited to Dubai over $150m fraud
A Thailand court has agreed to extradite a Briton to the UAE to face charges of embezzling $150m dollars from a property company in Dubai, despite having no formal extradition treaty with the Arab state.
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Plunging property pulls UAE inflation to nine-year low
Falling property prices pulled the inflation rate down to a nine-year low last year, Government figures show.
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Australian property firms set to tap hedge funds
Australian unlisted property companies, facing a funding gap as banks cut back on loans, may turn to alternative investors such as hedge funds as they seek to repay maturing debt, according to Nomura.
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Quintain Estates appoints fund management head
Quintain Estates & Development has appointed David Gavaghan, chief executive of Strategic Investment Board (SIB), as the group’s head of fund management.
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Watchdog backs down in Semperian dispute
The Financial Services Authority was left looking "heavy handed" yesterday, lawyers said, despite claiming victory in an unusual prosecution of a £1 billion property fund for change of control violations.
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US home-building nears six-year high
The US house-building sector is paving the way for a solid 2010, with the number of new homes beginning construction hitting a near six-year high last month.
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Canada Life submits Bristol office plans
Canada Life has submitted a planning application for two new office buildings at the Aztec West Business Park near Bristol.
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Regional markets as well as central London will see growth in next two years
Regional office leasing markets outside London will see a recovery as the UK economy improves, but this is likely to be a result of declining supply rather than increasing demand, Jones Lang LaSalle has predicted.
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Gazeley gets green light for two industrial schemes
Industrial developer Gazeley has been granted detailed planning permission on two of its key development sites: G Park Bristol and G Park Strood in Kent.
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Standard Life buys East Kilbride retail park
Standard Life Investments has bought East Kilbride Retail Park on Howard Avenue in East Kilbride from Hercules Income Fund - a joint venture between British Land, Hermes LaSalle Investment Management.
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PWTV: "Go East" Mike Slade tells Young Surveyors.
Mike Slade gave pearls of wisdom to a packed audience at the Young Surveyors: The Next Generation networking breakfast yesterday.
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Prupim recruits Mayfair Capital fund manager
Prupim has appointed Justin Upton as deputy fund manager o f the M&G Pooled Property Fund, which is targeted at institutional investors.
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MORNING AFTER: Eldon Square shopping centre extension unveiled
It’s synchronisation that other shopping centre developers dream of: On Friday, Capital Shopping Centres completed the deal to lease Arcadia’s redundant shops in Eldon Square to Next.