All Property Week articles in 18 May 2012
View all stories from this issue.
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Online
Podcast: Henderson eyes secondary retail
Mike Sales, managing director of global property at Henderson Global Investors joined LBC’s James Max in the Property Week podcast studio this month to discuss funds, Europe and why he likes secondary retail.
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German bank pulls out of UK property lending
A German bank has become the latest lender to pull out of the UK property sector, PropertyWeek.com can reveal.
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BCO 2012: Barclays - banks can't fill the property funding gap.
Banks alone will not be able to fill the current property funding gap admitted Gregor Bamert, UK head of real estate at Barclays Corporate at the BCO Conference this afternoon.
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Lloyds checks out of £500m hotels group
Conference hotel owner Principal Hayley is latest disposal from HBOS legacy
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Clarges Estate deal falls through
One of Mayfair’s largest development opportunities is to be remarketed for £150-200m, after plans to sell it to Chelsfield Partners officially fell through today.
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Local Shopping REIT suffers NAV drop
Local Shopping REIT, the investor in urban and suburban shops, suffered an NAV decline of 7.9% in the first half of its financial year in a sign of the continued economic woes of the UK retail sector.
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Midweek Bulletin: Quintain - the end of the Wyatt era
With the departure of Adrian Wyatt as chief executive of Quintain, Property Week’s James Whitmore and Mike Phillips reflect on the legendary bon viveur’s 20 years at the helm.
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Stanhope terminates Stevenage regeneration scheme
Stanhope and ING Real Estate have pulled out of their agreement with Stevenage Borough Council for a £250m regeneration project in Stevenage town centre.
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Healthcare giant prepares for £2bn debt workout
Britain’s biggest private hospital owner and its lenders have appointed advisers to try to tackle its huge property debt mountain, PropertyWeek.com can reveal.
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Internos to buy Invista
The two year process to wind-up Invista Real Estate Investment Management is close to ending with the announcement today that Jos Short’s Internos has made a recommended offer for the fund management business.
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BCO 2012: Parris says London 'too successful'
Times columnist and former MP Matthew Parris set the cat among the pigeons at Manchester’s British Council for Offices conference today by saying London is ‘too successful’.
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Arcadia heads to Swansea retail park
The Crown Estate has secured Arcadia’s Outfit concept as its first new letting at Morfa Shopping Park in Swansea, south Wales.
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BCO 2012: Supply/demand mismatch may stunt UK growth
A new report out today from Centre for Cities and the British Council for Offices shows a disparity between where offices are needed in the UK and where they are being built.
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BCO 2012: Sir Howard Bernstein - Coalition growth strategy beginning to work.
Sir Howard Bernstein, chief executive of Manchester City Council, this morning opened the British Council of Offices annual conference by praising the coalition government’s approach to growth.
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Valuation losses hit Quintain results
Valuation losses contributed to a net asset value decline of 7.6% at Quintain last year, caused by falls on its secondary property and its Wembley estate.
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Sales soar at Young's after brewery arm disposal
Pub group Young’s unveiled a 25.5% rise in revenue to £179m this morning, while adjusted profit before tax also shot up 17.4% to £21m.
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Public procurement needs "radical reform", says RIBA
European public procurement rules must be radically reformed to give a much-needed boost to the UK construction industry, a report has urged.
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Mothercare confirms store closures as UK sales drop 4.6%
Mothercare has confirmed plans to shut 111 UK stores by 2015, after a poor UK performance hit profits last year.
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Wyatt steps down at Quintain
Adrian Wyatt, founder of regeneration developer Quintain, is stepping down as chief executive.