All Property Week articles in 18 December 2009
View all stories from this issue.
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MoD halts £50m Glasgow sale
The Ministry of Defence has cancelled its sale-and-leaseback deal at Kentigern House in Glasgow.
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Scottish Widows spends £30m in central London
Scottish Widows Investment Partnership has bought two central London buildings worth just under £30m in total.
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HIH to buy 100 New Bridge Street
HIH Global Invest has placed under offer Degi’s 100 New Bridge Street scheme in the City of London.
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Hines and Network Rail release Cannon Street images
Property developer Hines and Network Rail today released new images of their Cannon Place development at London’s Cannon Street station.
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House prices in sixth consecutive rise
House prices increased by 1% in between November and December according to the Halifax House Price Index, the sixth consecutive monthly rise.
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European investment to rise by 20% in 2010
Direct investment in the European property market in 2010 will be 20% higher than last year, Jones Lang LaSalle has said.
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HCA funding boosts first council house building programme for 20 years
The first UK council house building programme in 20 years has started on site following funding from the homes and Communities Agency.
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Retail investors show property fund hunger
The public love of property investment has returned in force after funds in the sector outsold the nearest rival asset class by about 50 per cent at the end of last year, prompting some formerly high-profile groups to make their first acquisitions since the crash.
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Colliers International merges to become the third largest property services firm in the world
FirstService Real Estate Advisors, which bought a major stake in Colliers CRE in the autumn, has merged with Colliers International to become the world’s third largest property services firm.
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Mayfair Capital buys three properties for its charities fund
Mayfair Capital Investment Management has bought three properties for a total of £10.3m for its Property Income Trust for Charities (PITCH).
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Bank of England may raise interest rates as soon as March, leading economist predicts
The Bank of England will begin laying the groundwork for a rise in interest rates as early as March, according to one of the City's leading economists.
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PRUPIM's International Real Estate Perspective - January 2010
"After the synchronized worldwide slowdown, global economies are making good progress towards recovery with economic statistics confirming that the United States and Japan pulled themselves out of recession in the third quarter of the year. While the recovery trend is established in the majority of the G20 countries, a few ...
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Invista's UK commercial property overview - December 2009
"The direction of capital value movement has changed and point of inflection has occurred. Capital values are likely to stabilise over the next 6 months and thereafter remain broadly stable, although within the market there will remain a number of peaks and troughs as alternative sectors and regions of the ...
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ProLogis lets 237,000 sq ft at Midpoint to recycling company
ProLogis has signed waste management company Biffa to its 237,000 sq ft shed at Midpoint Park near Birmingham.
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DP World to list on London Stock Exchange
DP World, the ports operator and developer subsidiary of debt-stricken Dubai World, is to list on the London Stock Exchange as well as its current listing on the Nasdaq Dubai.
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Landmark case sees developers awarded damages from buyers who walked away as property values tumbled
Bad news for off-plan buyers trying to escape the collapse in property values who thought abandoning their deposits in new-build developments would clear the slate of a dud investment.
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Next warns of recovery threat
Retailers face a “sluggish” year as the need to cut Britain’s debt burden threatens to derail a consumer recovery, the chief executive of Next warned on Tuesday, in spite of the clothing chain reporting its first underlying sales growth in its shops for four years.
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US retail vacancies hit record levels
Vacancies at the largest US shopping centers reached a record 8.8% in the fourth quarter as unemployment rose and consumers spent less, research form Reis Inc said.