All Property Week articles in 14 September 2007
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English Partnerships and Housing Corporation publish urban design manual
Government agencies responsible for delivering housing have published an ‘urban design manual’ today setting out strategies for creating ‘quality places and promoting community cohesion’.
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Belfast development sites for sale
Two large investment opportunities in Belfast have come to the market and are expected to attract a significant amount of developer interest given their city centre location and redevelopment potential.
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Government plans to speed up the building of wind farms
The government has vowed to speed up the building of wind farms with radical reforms to the planning system.
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Pret a manger opens first Pod
Pret a Manger is to open the first of its new sandwich kiosk brand at the Pallasades shopping centre in Birmingham.
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Laura Ashley flowers
Laura Ashley said improvements to its store portfolio helped to boost first-half profits. The Times. Financial Times
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Selfridges’ luxury performance
Selfridges has more than doubled annual trading profits. Financial Times
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AstraZeneca signals review
AstraZeneca is exploring outsourcing of production of the active pharmaceutical ingredients used in its medicines. The Guardian
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Sir Richard Branson offloads Virgin Megastores
Sir Richard Branson has sold his Virgin Megastores chain management buyout vehicle Zavvi Entertainment Group. The Times. The Guardian
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India’s Tata takes 10% stake in Orient-Express Hotelss
The bid speculation surrounding Orient-Express Hotels took a twist yesterday when India’s Tata Group bought a 10% stake in a move that could lead to an eventual takeover. The Times
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Halabi’s 10-day deadline for Shard
The banks financing the Shard skyscraper in the City of London have given Simon Halabi 10 days to sell his one-third holding in the project. The Times. The Daily Telegraph. Financial Times. The Independent
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Mitchells & Butlers faces £140m loss on Tchenguiz tie-up
Mitchells & Butlers revealed yesterday that the potential loss from hedging its aborted £4.5bn property joint venture with Robert Tchenguiz’s investment vehicle R20 had more than doubled to £140m. The Times. The Independent. The Guardian
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Weymouth's Olympics sailing shortlist
Five contractors have been shortlisted to build the sailing facilities for the London 2012 Olympics at Weymouth and Portland. Financial Times
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Unite to accelerate development drive
Unite, the quoted developer of student accommodation, is to redeem a bond backed by £520m of assets. Financial Times. The Times
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Grainger moves into East Dulwich
Grainger, Britain’s largest quoted residential landlord, has bought 300 units in East Dulwich, south-east London, for £47.9m. The Times
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Developer picked for Bolton regeneration
Bolton Council has picked Leeds-based developer Rushbond to redevelop a grade II-listed former town hall, in Bolton, Lancashire.
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Reading Central gets green light
Reading Central – the biggest office development ever planned in Reading – got the go-ahead at a council meeting last week.
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Shard funding hit by credit crunch
One of the three developers behind the beleaguered Shard development said this morning that the three were having difficulties securing funding for Europe’s tallest tower.
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Hammerson kicks off share buyback
Hammerson revealed today that it had made its first purchase as part of a share buyback programme.
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Commercial property activity at seven month low
August saw the least commercial property activity for seven months according to research from Savills.